Market Overview

A light-emitting diode (LED) is a semi-conductor light source that coverts electrical energy into light energy. When compared with conventional light sources such as incandescent lamps, LEDs are more efficient and last for a longer period of time. Furthermore, an organic light-emitting diode (OLED) also referred as organic LED is a light source that uses electroluminescent organic material between two conductors, which release light when it is induced with electric current. Generally, OLEDs are extensively used in digital displays. Moreover, active-matrix organic light-emitting diode is display device that typically finds applications in mobile device, smart watches, televisions, and laptops.

Africa LED & OLED displays and lighting products market is expected to account for US$ 1088.9 Mn by the end of 2019.

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Market Dynamics

The demand for LEDs and OLEDS in commercial and residential sectors has increased substantially in recent years. Growing demand for smart mobile phones in the region and increasing adoption of LED and OLED televisions are expected to drive growth of the Africa LED and OLED displays market during the forecast period. Moreover, various government in across the region has started adopting LED lighting products for public infrastructures such as street lights, government offices owing to its benefits. Hence, the government initiatives are also expected to fuel demand for LED and OLED products in the near future.

Detailed Segmentation:

Africa LED and OLED display and lighting products market, By Display Products:

Mobile Displays

LED

OLED

AMOLED

Consumer TV Displays

LED

OLED

AMOLED

Outdoor LED Displays

Product Type

LED Billboards

Perimeter LED Boards

LED Mobile Panels

LED Traffic Lights

LED Video Walls

Color Type

Monochrome

Tri-color

Full-color

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Competitive Section

Key players operating in the Africa LED & OLED displays and lighting products market are OSRAM GmbH GE Lighting (General Electric Company), Cree, Inc., Sharp Corporation, LG Display Co., Ltd., Eaton (Cooper Industries PLC), Daktronics, Inc., Barco, SAMSUNG, and Luceco Ltd.

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