OLED Market: Product Intelligence, Industry Analysis, Size, Share, Growth, Trends and Forecast - 2024


Posted September 5, 2018 by kishor8796

The Infinium Global Research analyzes the report of OLED Market over the period of 2018 to 2024.

 
The Infinium Global Research analyzes the report of OLED Market over the period of 2018 to 2024. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global OLED Market. It will help a lot of decision makers to develop strategies and find new B1Cable Television Networksopportunities in the Global markets of OLED.

The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the OLED Market during the said period. The report also provides market attractiveness analysis, by geography, and market share analysis, by key players respectively. Some of the prominent participants in the Global OLED Market are OLED works, Samsung Electronics, Tianma Microelectronics, Acuity Brands, LG Display, Konica Minolta Pioneer OLED, Osram, AU Optronics and  Universal Display Corporation. According to report the global OLED market is projected to grow at a CAGR of 16.1% over the forecast period of 2018-2024.

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Organic Light emitting diode is one of the major display technologies. These are originated from the class of LED’s and works on the principle electro luminance. These OLEDs are used to are used to create digital displays in devices such as TV screens, computer monitors, smartphones, cameras lighting and wearable devices. OLEDs do not require a backlight and filters (like LCD displays do), they are more efficient, simpler to make, and much thinner - and in fact can be made flexible and even rollable. There are two types of OLED technology: Passive-Matrix (PMOLED) and Active-Matrix (AMOLED). OLEDs have a great picture quality - brilliant colors, infinite contrast, fast response rate and wide viewing angles. Samsung and LG were first companies to introduce OLED T.V’s in the market.

OLED are widely used in used in TV displays , the use of OLED in T.V display’s provides the best quality image and provides better durability. The use of OLED also facilitates in low power consumption and the displays can be made more transparent and flexible. In, addition increasing adoption of OLED in smartphones as it enhances the aesthetics of the product. These aforementioned factors are major driving the OLED market. The use of OLED displays in wearable is also fueling the growth of the OLED displays. Going further, increasing investments in OLED technology and manufacturing facilities are acting as boon for the market growth.  However, high cost of OLED products acts as restraint for the market growth.

Increase acceptance of OLED lighting fixtures can create lucrative opportunities for the OLED market. Also, reduction in prices of OLED based products is anticipated to drive the OLED market in coming years. Geographically, Asia Pacific accounted for the highest market share in 2017 and is expected to remain dominant throughout the forecast period. The factor responsible for driving the growth in this region includes increase demand for consumer good products such as T.V, smartphones and wearable products coupled with rising disposable income. Also, Asia Pacific houses 60 % of the global population, with on-going steady growth in economy in Asia pacific countries, the demand and affordability of the products such as T.V, smartphones, wearable’s and several other products will increase which in turn, will drive the growth in OLED market throughout the forecast period.

Segment Covered

The report on global OLED market covers segments such as, techology, panel type and application.  On the basis of techology the global OLED market is categorized into amOLED and pmOLED. On the basis of panel type the global OLED market is categorized into rigid and flexible. On the basis of application the global OLED market is categorized into portable systems, t.v, desktop & laptop, led lighting and automotive.

Geographic Coverage

The countries covered in the North America region include the U.S., Canada, and Mexico; while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in the region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China. The APAC region is projected to experience a growth at a CAGR of x.x% over the period of 2018-2024.

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Major Key Players Mentioned in this Premium Report

The report provides profiles of the companies in the global OLED market such as, OLED works, Samsung Electronics, Tianma Microelectronics, Acuity Brands,  LG Display, Konica Minolta Pioneer OLED, Osram, AU Optronics and  Universal Display Corporation.

Report Highlights:

The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global OLED market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of OLED market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the OLED market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the OLED market to understand the present and future trends in this market and formulate their strategies accordingly.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/ict-semiconductor/global-oled-markets
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Issued By Infinium Global Research
Country India
Categories Business
Tags oled product analysis , oled industry data , global oled market segments
Last Updated September 5, 2018