Global OLED Displays Market Growth 2023-2029
The OLED (Organic Light Emitting Diode) is a brighter, higher contrast display that has faster response times, wider viewing angles and consumes less power than conventional VFD, LED or Liquid Crystal Displays. OLED displays are self-illuminating due to their organic material and require no backlight for maximum visibility in all environments.
OLED Displays are made up of a layer of organic material placed between two conductors. These two conductors (an anode and a cathode) are then between a glass top plate (seal) and a glass bottom plate (substrate). When an electric current is applied to the two conductors, the organic material produces a bright, electro-luminescent light. When energy passes from the negatively charged layer (cathode) to the other (anode) layer, it stimulates the organic material between the two, which in turns emits lights that is visible through the outermost layer of glass.
LPI (LP Information)' newest research report, the “OLED Displays Industry Forecast” looks at past sales and reviews total world OLED Displays sales in 2022, providing a comprehensive analysis by region and market sector of projected OLED Displays sales for 2023 through 2029. With OLED Displays sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world OLED Displays industry.
This Insight Report provides a comprehensive analysis of the global OLED Displays landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on OLED Displays portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global OLED Displays market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for OLED Displays and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global OLED Displays.
The global OLED Displays market size is projected to grow from US$ 64050 million in 2022 to US$ 79370 million in 2029; it is expected to grow at a CAGR of 79370 from 2023 to 2029.
Global OLED Display key players include SMD, LGD, Futaba, JOLED, CCO, etc. Global top five manufacturers hold a share over 90%.
South Korea is the largest market, with a share over 90%, followed by Japan and China Taiwan, both have a share over 5%.
This report presents a comprehensive overview, market shares, and growth opportunities of OLED Displays market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Transparent OLEDs
Stacked OLEDs
Inverted OLEDs
Segmentation by application
Mobile Phones
Portable Digital Media Players
Car Radios
Digital Cameras
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
SMD
LGD
SONY
Futaba Corporation
Sichuan CCO Display Technology
RITEK
Visionox
JOLED
EDO
Fashion
Samsung applications
Sony applications
LG applications
Mitsubishi applications
Recom Group/video name tag applications
BMW
Dell
Key Questions Addressed in this Report
What is the 10-year outlook for the global OLED Displays market?
What factors are driving OLED Displays market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do OLED Displays market opportunities vary by end market size?
How does OLED Displays break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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