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.
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Organic Light Emitting Diode (OLED) Market Overview:
The purpose of this study is to provide a thorough examination of the Organic Light Emitting Diode (OLED) market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Organic Light Emitting Diode (OLED) market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
Market Scope:
The research method used to assess and anticipate the Organic Light Emitting Diode (OLED) market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Organic Light Emitting Diode (OLED) market was calculated using the revenue of significant enterprises.
Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
Segmentation:
By technology
The market's leadership was held by the active-matrix OLED (AMOLED) category in 2021, and this trend is anticipated to continue with a CAGR of over the ensuing five years. The market's expansion is responsible for an increase in the use of AMOLED technology in products including media players, mobile phones, digital cameras, and televisions. With advantages including high brightness, light weight, high energy efficiency, flexibility, low power consumption, excellent 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 industry players are anticipated to further fuel market expansion throughout the course of the projection period. For example,
By application
During the forecast period, it is expected that the display segment would expand quickly, at a CAGR of . The development of the market is due to an increase in the use of OLED technology to build digital displays in various electronic devices, including computer monitors, television screens, and portable systems like PDAs, handheld game consoles, and Smartphones. The market is anticipated to increase in the next years as a result of the growing use of OLED technology in near-eye display applications including electronic view finders (EVFs), head-up displays (HUDs), head-mounted displays (HMDs), and virtual reality headsets.
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Key Players:
The major players covered in the Organic Light Emitting Diode (OLED) market report are
• 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
Key Questions Answered in the Organic Light Emitting Diode (OLED) Market Report are:
- Which segment grabbed the largest share in the Organic Light Emitting Diode (OLED) market?
- How was the competitive scenario of the Organic Light Emitting Diode (OLED) market in 2020?
- Which are the key factors responsible for the Organic Light Emitting Diode (OLED) market growth?
- Which region held the maximum share in the Organic Light Emitting Diode (OLED) market in 2020?
COVID-19 Impact Analysis on Organic Light Emitting Diode (OLED) Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Organic Light Emitting Diode (OLED) market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Organic Light Emitting Diode (OLED) industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
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