OLED Display Market Overview
MMR published a report on the OLED Display market. The report is a combination of primary and secondary data, and it has been analyzed by domain experts from both a local and global perspective. The report provides a detailed analysis of the market size and share in each region and segment, making it an invaluable resource for investors.
An OLED (Organic Light Emitting Diode) display is a flat panel display technology that uses organic materials to emit light. OLED technology is considered to be better than that of LCD’s and is preferred worldwide due to its multiple advantages over LCDs such as better contrast, faster response time, and lower power consumption. It was also observed that the growth rate for the OLED display market was 22.6% for the year 2021-2022 due to the influence of COVID-19 and Russia-Ukraine war.
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OLED Display Market Report Scope and Research Methodology
At the national, regional, and international levels, the research offers a thorough examination of the OLED Display market. It offers a thorough examination of the competitive environment in the OLED Display market, taking into account the main players’ business plans. A list of the major rivals of OLED Display is provided in the study, together with details on their earnings, volume of production, worldwide reach, and sales. The SWOT analysis was employed to ascertain the advantages and disadvantages of the principal participants in the OLED Display sector. The study also includes detailed information on the potential, challenges, drivers, and restraints of the OLED Display market.
The size of the worldwide and regional OLED Display markets was calculated using the bottom-up method. Data on market size, market share, geographical insights, market dynamics, the performance of major players, and industry historical data were gathered using both primary and secondary research methodologies. The research also contains a thorough value chain analysis with data on distributors, customers, and raw materials that aids in understanding the OLED Display production process. In order to comprehend the OLED Display market at both the macro and micro levels, it also contains Porter’s and PESTLE analysis in addition to market attractiveness.
OLED Display Market Dynamics:
Because of the growing demand for OLED displays in consumer electronics like smartphones, televisions, and smartwatches, the global OLED market has expanded quickly in recent years. OLEDs are particularly enticing to consumers because they feature greater picture clarity, better colour accuracy, stronger contrast, and faster response times than ordinary LCD displays. Due to the existence of significant OLED display producers in nations like China, South Korea, Japan, and South Korea, the Asia-Pacific region now has a leading position in the worldwide OLED market. Because of their significant investments in OLED technology, these nations produce and sell the majority of OLEDs worldwide.
OLED Display Market Segmentation:
by Type
• Flexible
• Transparent
• Rigid
By Type: The market for OLED displays is further divided into a number of sectors according to different types, including flexible, transparent, and stiff OLEDs. The main factor used to make this differentiation is the materials used in production. In comparison to other markets, the flexible OLED display market is expected to grow at a faster rate. In contrast, the market for transparent OLED displays has grown at a rate of 44.7% in recent years.
by Technology
• Passive-Matrix OLED(PMOLED)
• Active-Matrix OLED(AMOLED)
• Top-Emitting OLED(TEOLED)
• White OLED(WOLED)
• Red-Green-Blue OLED(RGB-OLED)
• Foldable OLED(F-OLED)
By Technology: The OLED display market is divided into five segments based on the technology employed: White OLED (WOLED), Red-Green-Blue OLED (RGB-OLED), Active-Matrix OLED (AMOLED), Passive-Matrix OLED (PMOLED), Top-Emitting OLED (TEOLED), and Foldable OLED (F-OLED). The OLED display market started to grow with PMOLED as its underlying technology. With the fastest growth rate predicted for the category, AMOLED technology stands out as the technology of the future. The demand curve for AMOLED displays is rising at a fairly high and constant rate. Since AMOLEDs are the preferred option everywhere in the world.
by End User
• Consumer electronics
• Automotive
• Industrial
• Retail and Advertising
From the End User: The market is further split up into categories including automotive, retail, industrial, consumer electronics, and advertising, among others. Due to the rising need for highly integrated electronic systems in cars, the automotive sector of the market is expected to grow at the fastest rate. Additionally, the market for consumer electronics for smart OLED display systems has been gradually expanding due to the growth of various OTT platforms and the entertainment industry.
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OLED Display Market Key Players:
• Samsung Display
• LG Display
• BOE Technology Group
• Sony Corporation
• Universal Display Corporation
• Tianma Microelectronics
• JOLED Inc.
• AU Optronics
• Panasonic Corporation
• Sharp Corporation
• Konica Minolta
• Visionox
• Truly International
• Royole Corporation
• EDO Corporation
• Raystar Optronics
• RiTdisplay
• Japan Display Inc.
• Futaba Corporation
• EverDisplay Optronics.
OLED Display Market Regional Insights
Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of OLED Display market in these countries, which covering North America – U.S., Canada, Mexico, Europe – UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific – China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America – Brazil, and Middle East and Africa.
Key Questions answered in the OLED Display Market Report are:
- What is the expected OLED Display market size by 2030?
- What will be the CAGR of the OLED Display market during the forecast period?
- Which segment held the largest share in the OLED Display market?
- How is the competitive scenario of the OLED Display market?
- Which are the key factors driving the OLED Display market growth?
- What are the factors restraining the OLED Display market growth?
- Which region holds the maximum share in the OLED Display market?
- Who are the key players in the OLED Display market?
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Key Offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape – Leading key players and other prominent key players.
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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