OLED Market Major Drivers, Size, Share Forecast Till 2029
The OLED display market is significantly rose in the year 2022. High demand for OLED displays for smartphones, wearable, laptops, and televisions is likely to drive the market's rapid growth.
OLED Market was worth US$ 36.24 Bn. in 2022 and total revenue is expected to grow at a rate of 13.9 % CAGR from 2023 to 2029, the OLED Market is reaching almost US$ 90.13 Bn. in 2029.
OLED Market Overview :
The market overview of the OLED Market focuses on the specific market characteristics, including elements like industry competition. Comprehensive market revenue predictions are provided for the global, regional, segment, and national levels in the report. The report’s sales projections for each region and industry is one of its primary highlights.
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OLED Market Report Scope and Research Methodology :
The study methodology used a mix of primary and secondary research techniques to compile market data. The primary research techniques, such as questionnaires, interviews, and market observations, would have given the researchers access to first-hand market data, which is usually beneficial. The researchers might have gathered background knowledge and market data by using secondary research techniques including industry studies, business websites, and news articles.
The study examines the OLED Market through a market-focused and commercial analysis that takes into account the market’s revenue, financial situation, portfolio, technical advancements, and mergers and acquisitions. This strategy aids in giving a complete picture of the market, which stakeholders, investors, and market participants may use to create investment strategies and marketing strategies.
OLED Market Regional Insights :
The report offers an in-depth analysis of the factors influencing growth, limitations, future prospects, and competition within the industry across all regions. The market is classified by region into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report also provides a comprehensive overview of the leading countries in each region, along with their respective market forecasts.
OLED Market Segmentation:
by Application
Smartphone
Laptop & Pc Monitor
Single/large Format Display
Tablets
Smart Watch
Vehicle & Public Transport
Television
Others
by Display Panel Size
Upto-6inches
6-20inches
20-50inches
More than 50inches
by Technology
AMOLED (Active-Martix OLED)
PMOLED (Passive-Matrix OLED)
By Material
WOLED Materials (White OLED)
FMM RGB Materials
AMOLED Materials
by End-User
Industrial
Residential
Commerical
Sports & Entertainment
Automotive
The market is divided into four smaller segments: automotive, residential, commercial, sports and entertainment, and industrial. OLED technology's increased performance and wide light source coverage are making it more popular for use in general lighting applications. Green buildings use OLED lighting because it is environmentally friendly and energy-efficient. The majority of the OLED lighting market is expected to remain in the general lighting sector throughout the forecast period. In contrast, a faster compound annual growth rate (CAGR) is anticipated for the automotive lighting category between 2022 and 2029. The industry for automotive lighting is expected to grow at a faster rate due to the growing demand from luxury car manufacturers for high-end lighting and the rise in OLED manufacturers working with major automakers.
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Key players :
1.Acuity Brands
2. OLED works
3. Kopin Corporation
4. Pixelligient Technologies
5. BOE Technology
6. LG Display
7. Osram
8. AU Optronics
9. Tianma Microelectronics
10. Samsung Electronics
11. Universal Display Corporation
12. Lumiotec
13. Royole Corporation
14. Konica Minolta Pioneer OLED
15. China Star Optoelectronics Technolog
16. Emagin Corporation
17. JOLED
18. Raystar Optronics
19. Panasonic
20. Truly International
21. Visionox
22. Winstar Display
23. Wisechip Semiconductor
Key questions answered in the Market are:
- What is OLED?
- What are the recent industry trends that can be implemented to generate additional revenue streams for OLED Market?
- Which factors are the lucrative opportunities for the OLED market growth?
- How is the intervention from regulatory authority is shaping the OLED Market?
- What growth strategies are the players considering to increase their presence in OLED Market?
- Who held the largest market share in OLED Market?
- What is the OLED market size of the dominating region?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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