Organic Light Emitting Diode (OLED) Market (By Technology: PMOLED, AMOLED; By Application: Lighting, Residential/Commercial/office/Outdoor/Automotive lighting) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015 - 2024

  • Product Code:
    RP-ID-10325585
  • Published Date:
    21 Oct 2022
  • Region:
    Global
  • Pages:
    151
  • Category:
    Service Industry
  • Publisher:
    Pub-ID-50

Impact Analysis on the Growth of Market

Inflation and Looming Recession to Haunt Businesses:

In 2022 & 2023, market players expected to sail in rough waters; might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain. Further, U.S. economy is expected to grow merely by 3% in 2022.

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The Research Report is Updated with 2022 Base Year, 2023 Estimated year and Forecast till 2035 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2022 as base year, 2023 as estimated year and forecast to 2035. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

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Global OLED Market is forecasted to reach $28 billion by 2024; growing at a CAGR of 28.2% from 2016 to 2024. Organic light-emitting diodes (OLEDs) are light discharging devices, which are used in consumer electronics applications such as mobile, television, PCs, and other equipment for improved picture quality and high durability. Organic LEDs are thinner, brighter, and faster than LCD technologies. It does not require lighting as compared to the other display modes as the OLED Pixel sites uses organic material to produce their own light. It is energy efficient and inbuilt with more saturated colors which improve the viewing experience of individuals. Low manufacturing costs of OLEDs in comparison to LCDs have increased its popularity among manufactures.

Increasing popularity for energy efficient and eco-friendly products among consumers is supporting the growth of the global OLED market. Moreover, high demands for OLED technology in the automobile industry have also boosted the growth of global OLED market. However, high cost of OLED may limit the growth of the market. Furthermore, technological advancement in automotive industry would provide several growth opportunities for the market in the coming years.

The global organic light-emitting diodes market is bifurcated by materials, technology and application. Emissive Layer Materials (EML), Electrode materials, Hole Transport Layer Materials (HTL), Electron Transport Layer Materials (ETL), and Substrates are the various classifications of OLED by materials. The segmentations by technology include AMOLED and PMOLED. The application segment is further sub-segmented into displays and lighting.

Based on geography, the organic light-emitting diodes market has been segmented into North America, Europe, Asia Pacific and rest of the world (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers France, Germany, United Kingdom, Italy and others. Asia-Pacific covers China, India, Japan, Australia, Singapore, Hong Kong and others. Rest of the world (RoW) covers South America, Middle East and Africa.

Major companies operating in the OLED market are LG Electronics Inc., Ason, Philips N.V., Samsung Electronics Co. Ltd., OSRAM GmbH, Panasonic Corporation, Osram, Universal Display Corporation, Pioneer, Konika Minolta, Toshiba, Lumiotec and among others.

The key takeaways from the report:
The report will provide detailed analysis of OLED Market with respect to major segments such as materials, technology and application
The report will include the qualitative and quantitative analysis with market estimation over 2015-2024 and compound annual growth rate (CAGR) between 2016 and 2024
Comprehensive analysis of market dynamics including factors and opportunities is included in the report
An exhaustive regional analysis of OLED Market will be provided in the report
Profile of the key players in the OLED Market will be provided, which include key financials, product & services, new developments and business strategies
Scope of OLED Market
Materials Segments
Emissive Layer Materials (EML)
Electrode materials
Hole Transport Layer Materials (HTL)
Electron Transport Layer Materials (ETL)
Substrates
Technology Segments
AMOLED
PMOLED
Application Segments
Lighting
Residential lighting
Outdoor lighting
Automotive lighting
Commercial and office lighting
Display
Televisions
Laptops, tablets, and PCs
Others
Geographical Segments
North America
US
Canada
Mexico
Europe
Germany
France
United Kingdom
Spain
Others
Asia-Pacific
China
India
Japan
South Korea
Others
RoW
South America
Middle East
Africa


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

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