Organic Light Emitting Diode (OLED) Market is expected to reach USD 103.88 Bn by 2029, at a CAGR of 12.08% during the forecast period.
Organic Light Emitting Diode (OLED) Market Overview
The Organic Light Emitting Diode (OLED) Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2029, published by Maximize Market Research, is the culmination of thorough primary and secondary research. The report provides a detailed analysis of regional insights into the Organic Light Emitting Diode (OLED) market, and its changing trends, industry environment, and all of the market-leading key players. The research approach was used to investigate the global Organic Light Emitting Diode (OLED) market and the results were logically presented in the report.
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Organic Light Emitting Diode (OLED) Market is expected to reach USD 103.88 Bn by 2029, at a CAGR of 12.08% during the forecast period.
Organic Light Emitting Diode (OLED) Market Scope
MMR's research is a detailed analysis of the Organic Light Emitting Diode (OLED) market and identifies all of the top major companies in the global market based on variables such as volume, value, market share, strategies, and growth in the industry. The research also includes tactics for both existing industry participants and those looking to enter the market i.e. new market entrants.
Market Dynamics:
The primary driving force behind the market's expansion is the rising demand for OLED technology across a wide range of consumer electronics applications as well as the growing adoption of OLED technology in solid state lighting and digital display applications. Over the course of the forecast period, it is anticipated that rising demand for energy-efficient display and lighting devices for small electronic devices, growing technological advancements in the fields of LED and OLED, an increase in the number of smartphone users worldwide, and these factors will all contribute to the market's expansion.
Market Segmentation:
In terms of technology, the market was dominated by active-matrix OLED (AMOLED) products in 2021. The market's expansion is responsible for an increase in the use of AMOLED technology in products like media players, mobile phones, digital cameras, and televisions. With advantages like high brightness, light weight, high energy efficiency, flexibility, low power consumption, high display quality, high contrast ratio, low cost, large size, and high resolution, AMOLED technology is becoming more and more popular for use in various display devices. Additionally, ongoing product introductions based on AMOLED technology by top market players are anticipated to further fuel market expansion over the course of the forecast period.
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Key Players:
• FUTABA CORPORATION
• Samsung Electronics Co., Ltd.
• Universal Display Corporation
• Kunshan Visionox Display Technology Co., Ltd
• DLC Display Co., Limited.
• Pioneer Corporation
• Sony Corporation
• Koninklijke Philips N.V.
• Acuity Brands Lighting Inc.
• SEIKO EPSON CORPORATION
• Innolux Corporation
• OLEDWorks LLC
• LG Electronics Inc.
• OSRAM GmbH
• RITEK Corporation
• Panasonic
• Nokia
• AU Optronics
• Beijing Opto-Electronics
• Japan Display
Regional Analysis
The report provides the global Organic Light Emitting Diode (OLED) Market's growth pattern in detail. The report on the Organic Light Emitting Diode (OLED) market demonstrates the most significant regions, which include 5 regions, such as North America, Asia Pacific, Europe, Latin America, the Middle East, and Africa, have global influence. Consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and value chain analysis are some of the major and important indicators used during the forecast of Organic Light Emitting Diode (OLED) market for each country.
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Organic Light Emitting Diode (OLED) Market , Organic Light Emitting Diode (OLED) Market Size , Organic Light Emitting Diode (OLED) Market Technology
Mar 03, 2023