Global Organic Light-emitting Diode Market 2024-2028
Organic Light-Emitting Diode Market 2024-2028
The organic light-emitting diode market is forecasted to grow by USD 65777.8 mn during 2023-2028, accelerating at a CAGR of 18.52% during the forecast period. The report on the organic light-emitting diode market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing number of patent-related activities by market vendors, growing investments in fabrication facilities, and growing popularity of digital signage applications.
Technavio's organic light-emitting diode market is segmented as below:
By Product
- OLED display
- OLED lighting
By Type
By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing adoption of OLED displays in automotive sector as one of the prime reasons driving the organic light-emitting diode market growth during the next few years. Also, rise in strategic partnerships and increasing prevalence of OLED smart tvs will lead to sizable demand in the market.
The report on the organic light-emitting diode market covers the following areas:
- Organic light-emitting diode market sizing
- Organic light-emitting diode market forecast
- Organic light-emitting diode market industry analysis
The vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading organic light-emitting diode market vendors that include AUO Corp., BOE Technology Group Co. Ltd., Futaba Corp., Innolux Corp., Japan Display Inc., Konica Minolta Inc., Kopin Corp., Kyocera Corp., LG Electronics Inc., Lumiotec Inc., Nippon Seiki Co. Ltd., OLEDWorks LLC, OSRAM Licht AG, RiTdisplay Corp., Samsung Electronics Co. Ltd., Sharp Corp., Sumitomo Chemical Co. Ltd., Tianma Microelectronics Co. Ltd., Truly International Holdings Ltd., Universal Display Corp., and Visionox Co.. Also, the organic light-emitting diode market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.