GCC And Levant LED And OLED Lightning Products and Displays Market, By TV Displays (Consumer TV Displays (AMOLED, LCD, LED, OLED, Plasma), Mobile Displays (AMOLED, LCD, OLED)), By Color (Full Color, Monochrome, Tri Color), By Type (LED billboards, LED mob

GCC And Levant LED And OLED Lightning Products and Displays Market, By TV Displays (Consumer TV Displays (AMOLED, LCD, LED, OLED, Plasma), Mobile Displays (AMOLED, LCD, OLED)), By Color (Full Color, Monochrome, Tri Color), By Type (LED billboards, LED mobile panels, LED traffic lights, , LED video walls, Perimeter LED boards), By Region (Cyprus, Egypt, Israel, Jordan, Lebanon, Other GCC, Saudi Arabia, Turkey, UAE) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

LDE and OLED lighting products offer a combination of power and longevity, as well as the possibility to provide the highest levels of color depth and brightness. The biggest advantage of using OLED technology in lighting is that it consumes lesser energy than any other lighting device. It is highly durable and does not need to be serviced too often. Furthermore, as a result of the latest developments, there are now powerful, long-lasting batteries available for use with most OLED lighting products. Moreover, as pointed out above, there are many benefits and advantages of using LEDs over and above the benefits they provide in terms of energy efficiency, durability, and reliability. For instance, while LED lights tend to consume more energy than incandescent ones, it is a well-known fact that LED lights can last up to ten times longer than incandescent bulbs.
Market Dynamics
Increasing adoption of OLED displays in smartphones is expected to boost the GCC and Levant LED & OLED lighting products and displays market growth over the forecast period. Smartphone manufacturers are increasingly adopting OLED displays as it provides improved image quality with better contrast, higher brightness, and wider angle, lower power consumption, and simple design that enables flexible and transparent displays. With growing demand for smartphones, the adoption of OLED displays has surged up. Hence, such factors are expected to boost market growth.
Furthermore, growing demand for AMOLED displays in AR/VR headset applications is expected to accelerate growth of the GCC and Levant LED & OLED lighting products and displays market in the near future.
Key features of the study:
This report provides in-depth analysis of the GCC and Levant LED & OLED lighting products and displays market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the GCC and Levant LED & OLED lighting products and displays market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Zumtobel Group AG, OSRAM Licht AG, Toshiba Lighting & Technology Corporation, GE Lighting, LLC, Samsung Electronics Co. Ltd., Cree, Inc., Barco N.V., Sharp Corporation, Daktronics Inc., Eaton Corporation (Cooper Industries PLC), and LG Display Co., Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The GCC and Levant LED & OLED lighting products and displays market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the GCC and Levant LED & OLED lighting products and displays market
Detailed Segmentation:
By TV Displays
Consumer TV Displays
AMOLED
LCD
LED
OLED
Plasma
Mobile Displays
AMOLED
LCD
OLED
By Color
Full Color
Monochrome
Tri Color
By Type
LED billboards
LED mobile panels
LED traffic lights
LED video walls
Perimeter LED boards