Global OLED Display Market was valued US$ XX Bn in 2018 and is expected to reach XX Bn by 2026, at a CAGR of XX % during a forecast period.
Global OLED Display MarketThe report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
The OLED technology is harvesting more acceptance among end-users because of its feature includes thinner, brighter, lighter in weight, more power-efficient and deliver high contrast over LCDs.
The preference for OLED display is exponentially increasing because of its superiority feature over LCD. Rise in adoption of OLED screen in smartphones and TV sets, development of thinner designs, enhanced viewing angle, contrast ratio, black level in comparison, cost-efficient & consumes less power solution to LCD are some of the driving factors behind the growth in the Global OLED Display Market.
Research and development in the field of OLED are ensuing rapidly and expected to lead to future applications like heads-up displays, automotive dashboards, billboard-type displays, mobile phones, television screen, flexible displays, home and office lighting.
OLED technologies are segmented into Active Matrix OLED and Passive Matrix OLED. Among these, AMOLED segement is expected to grow at a XX% rate of CAGR during the forecast period. AMOLED technology is preferred in mobile phones and other displays. They are also used in portable gaming machines, which have no size or resolution constraints. An increase in the penetration of mobile phones is contributing nearly about 80% of the overall market share. The usage of OLED in television sets is also gaining traction. The technological developments have helped in the development of large-sized displays.
Region-wise, The Asia Pacific region is projected to be a leading region in the global OLED display market. The leading position in the market is attributed to the presence of smartphone and TV key players like Samsung Electronics, Visionox, Pioneer, WiseChip, and Sony in the region. The developing country China is expected to become the world's largest market for organic light-emitting diode (OLED) televisions during the forecast period. A rise in consumer preference towards the outstanding picture quality and wider viewing angles are expected to boost the growth in the Global OLED display market.
Some of the prominent key players in the global OLED display market are adopting various strategies to expand their global. Additionally, the OLED display market is witnessing a number of innovations with key players, who are focusing to invest highly in R&D. For instance, in 2019, Nubia Technology Co., Ltd. announced the launch of a foldable OLED display, which is expected to deliver the user a wearable smartwatch with a flexible screen of 4-inch water-resistant display.
Currently, the leading AMOLED producer Samsung has made over 400 million displays a year, mostly smartphone-sized AMOLEDs. Additionally, LG Display also starting to produce small-sized flexible OLEDs.
The objective of the report is to present comprehensive analysis of global OLED display market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers the all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.
The report also helps in understanding global OLED display market dynamics, structure by analysing the market segments, and project the global OLED display market size. Clear representation of competitive analysis of key players by Type, price, financial position, product portfolio, growth strategies, and regional presence in the global OLED display market make the report investor’s guide.
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The Scope of the Report for Global OLED Display Market
Global OLED Display Market, By Product
• AMOLED Display
• PMOLED Display
Global OLED Display Market, By Application
• Mobile Phones
• Desktops
• Tablet PCs
• Automotive
• Digital Cameras
• Television Display
• Others
Global OLED Display Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players operating in Global OLED Display Market
• Truly Semiconductors Ltd
• LG Electronics Inc.
• Universal Display Corporation
• Innolux Corporation
• LyondellBasell
• Sony Corporation
• Mitsui Chemicals
• Ylem Technology
• Planar Systems, Inc.
• Hitachi, Ltd.
• Pioneer Corporation
• OSRAM GmbH
• Samsung Electronics Co., Ltd
• Panasonic Corporation
• Shandong Oriental Macro Industry Chemical
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