According to a market report by Lucintel, the future of the PMOLED Market looks promising with opportunities in the displays television, smartphone, tablets & laptop, and automotive display markets. The PMOLED market is expected to reach an estimated $5.4 billion by 2030 with a CAGR of 12.2% from 2024 to 2030. The major drivers for this market are progress in OLED technology and the introduction of novel functionalities and rising investments in electronic products using PMOLED technology.
In this market, residential, commercial, and industrial are the major segments of PMOLED market by application type.
Lucintel forecasts that industrial is expected to witness largest growth over the forecast period due to its use of state-of-the-art machinery and wireless control systems.
Within this market, display television will remain the largest segment due to increasing adoption of electronic gadgets such as laptops, smartphones, televisions, and MP3 players.
Asia Pacific is expected to witness highest growth over the forecast period due to population growth and rising use of technological advancements.
Us Micro Products, Visionox, Sony, Panasonic, Samsung Electronics, Apple, Accelopment, Raystaroptronics, Japan Display, and LG Display are the major suppliers in the PMOLED market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]