Global Organic Light Emitting Diode OLED Displays Market by Type (Rigid, Flexible, Others), By Application (Smartphone, Tablet, Laptop & PC Monitor, Television, Vehicle & Public Transport, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Market Size for Organic Light-Emitting Diode OLED Displays is projected to grow at a CAGR of 26.5% during the forecast period, from 2021 to 2028. This can be attributed to the increasing demand for smartphones and televisions with an OLED display in various regions such as North America, Latin America, Europe, and the Asia Pacific. However, the high cost of production associated with organic light-emitting diodes (OLEDs) may hamper growth prospects over the next few years.
Organic Light-Emitting Diode OLED Displays are a type of flat panel display that generates light in the form of organic compounds, rather than producing light using an external backlight. The most popular technologies for these displays are AMOLED (active matrix) and P-OLED (passive matrix). In recent years, more manufacturers have begun to shift away from LCD screens towards OLEDs because they can produce better images with deeper colors and richer contrast ratios.
On the basis of Types, the market is segmented into rigid, flexible, and other types.
Rigid Organic Light-Emitting Diode OLED Displays:
Rigid OLED displays are made from a glass panel, and they can be folded to form a flexible display. They offer high resolution with contrast ratios that surpass LCD screens. Rigid OLEDs also deliver the superior image quality and power efficiency in comparison to the traditional AMOLED displays.
Flexible Organic Light-Emitting Diode OLED Displays:
Flexible OLED Displays are screens that can be curved or bent to an infinite number of shapes. Flexible displays have been in research and development for many years before the first product came into production. These flexible screens offer a wide range of opportunities, including foldable displays - where you could roll up your smartphone like a newspaper when not in use. The term "flex display" is often used interchangeably with “polymer LED” (PLED) as both technologies rely on organic materials that emit light after being stimulated by electricity; however, polymer LEDs depend more heavily on their semiconducting properties rather than mechanical flexibility to produce images whereas flex displays make extensive use of their mechanical properties such as bending instead of relying simply on their semiconducting properties.
On the basis of Application, the market is segmented into terms of the smartphone, tablet, laptop & PC monitor, television, vehicle & public transport, and others.
Smartphone:
OLED displays are used in smartphones for a variety of purposes such as displaying the handset's home screen and other apps. The use of OLED display not only improves battery efficiency but also enhances the viewing experience, allowing it to show deeper blacks and brighter colors than LCD screens.
Tablet:
OLEDs are used in tablets for both video and still images. OLED displays offer advantages over traditional LCD panels, such as a faster response time (which is necessary for displaying moving pictures) and lower power consumption than an LCD panel of comparable size. These factors make them ideal for the tablet environment where battery life can be problematic depending on usage patterns.
In addition to these technical benefits, there are design features that may appeal to consumers when they purchase their next tablet: sharper colors; less backlight glare which is overpowering or distracting from a text on the screen; better contrast ratio between light and dark areas of the display which improves readability under certain circumstances but also makes it easier to see details on photographs with half-lights, reflections, and glares.
Laptop & PC Monitor:
The laptop & PC monitor segment accounted for about 20% of the total market share in 2018. The use of OLED displays is increasing as they offer superior image quality and good viewing angles. They are capable of providing sharper images with better contrast, creating a more immersive experience for users when compared to traditional LCD screens (which have poor color accuracy).
In addition, many manufacturers prefer relying on these panels due to their durability properties such as increased resistance against accidents or damage from various environmental factors including moisture, scratches, etc. This has led them to be widely used in laptops because it saves space and allows one-panel size across all models instead of being limited by screen sizes like smaller display panels that need two different types of backlighting technology (one type for the display and one type for the backlight).
Vehicle & Public Transport:
Organic Light-Emitting Diode OLED Displays are the main module for vehicle & public transport. The use of organic light-emitting diodes in these is increasing owing to their high performance and low maintenance cost. Although, they have a comparatively lower efficiency as compared with other display technologies such as plasma or LCD displays it’s getting improved day by day because of which using Organic LED Display instead of traditional screens has become preferable across various industries.
On the basis of Region, the market is segmented into North America, Europe, Asia Pacific, and Latin America. North American Market is the leading market for this display technology because of its high adoption in the automobile industry while the European region has also emerged as a major player due to recent development in Automobile Industry. Asia Pacific region is anticipated to show the fastest CAGR during the forecast period due to high penetration in developing countries such as India and China.
Growth Factors For The Global Organic Light-Emitting Diode OLED Displays Market:
The growth of the Organic Light-Emitting Diode OLED Displays Market is driven by increasing demand for large displays in the television and automobile industries. Moreover, technological advancements & innovation during the past few years have made this display technology more efficient to manufacture. However, the high conversion cost associated with these products can affect its overall market share.
The demand for Organic Light-Emitting Diode OLED Displays in Television and Automobile Industries has increased due to large displays, which are more efficient as compared to LED LCDs and Plasma TVs. Moreover, technological advancements & innovation have made this display technology more cost-effective to manufacture.
Up Market Research published a new report titled “Organic Light Emitting Diode OLED Displays Market research report which is segmented by Types (Rigid, Flexible, Others), By Applications (Smartphone, Tablet, Laptop & PC Monitor, Television, Vehicle & Public Transport, Others), By Players/Companies Samsung Electronics, LG Display, Universal Display Corporation, AU Optronics, BOE Technology, Tianma Microelectronics, Royole Corporation, Acuity Brands, Konica Minolta Pioneer OLED, OLEDworks, Lumiotec”.
Report Scope
Report Attributes | Report Details |
Report Title | Organic Light Emitting Diode OLED Displays Market Research Report |
By Type | Rigid, Flexible, Others |
By Application | Smartphone, Tablet, Laptop & PC Monitor, Television, Vehicle & Public Transport, Others |
By Companies | Samsung Electronics, LG Display, Universal Display Corporation, AU Optronics, BOE Technology, Tianma Microelectronics, Royole Corporation, Acuity Brands, Konica Minolta Pioneer OLED, OLEDworks, Lumiotec |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 236 |
Number of Tables & Figures | 166 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Organic Light Emitting Diode OLED Displays Market Report Segments:
The market is segmented by Type Rigid, Flexible, Others and By Application Smartphone, Tablet, Laptop & PC Monitor, Television, Vehicle & Public Transport, Others.
Some of the companies that are profiled in this report are:
- Samsung Electronics
- LG Display
- Universal Display Corporation
- AU Optronics
- BOE Technology
- Tianma Microelectronics
- Royole Corporation
- Acuity Brands
- Konica Minolta Pioneer OLED
- OLEDworks
- Lumiotec
Organic Light Emitting Diode OLED Displays Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Organic Light Emitting Diode OLED Displays Market
Overview of the regional outlook of the Organic Light Emitting Diode OLED Displays Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Organic Light Emitting Diode OLED Displays Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Organic Light Emitting Diode OLED Displays Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Rigid
2. Flexible
3. Others
7. By Application:1. Smartphone
2. Tablet
3. Laptop & PC Monitor
4. Television
5. Vehicle & Public Transport
6. Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Organic Light Emitting Diode OLED Displays Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Organic Light Emitting Diode OLED Displays Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Light Emitting Diode OLED Displays Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Organic Light Emitting Diode OLED Displays Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Organic Light Emitting Diode OLED Displays Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Organic Light Emitting Diode OLED Displays Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Organic Light Emitting Diode OLED Displays Market Size & Forecast, 2018-2028
4.5.1 Organic Light Emitting Diode OLED Displays Market Size and Y-o-Y Growth
4.5.2 Organic Light Emitting Diode OLED Displays Market Absolute $ Opportunity
Chapter 5 Global Organic Light Emitting Diode OLED Displays Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Organic Light Emitting Diode OLED Displays Market Size Forecast by Type
5.2.1 Rigid
5.2.2 Flexible
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Organic Light Emitting Diode OLED Displays Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Organic Light Emitting Diode OLED Displays Market Size Forecast by Applications
6.2.1 Smartphone
6.2.2 Tablet
6.2.3 Laptop & PC Monitor
6.2.4 Television
6.2.5 Vehicle & Public Transport
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Light Emitting Diode OLED Displays Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Organic Light Emitting Diode OLED Displays Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Organic Light Emitting Diode OLED Displays Analysis and Forecast
9.1 Introduction
9.2 North America Organic Light Emitting Diode OLED Displays Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Organic Light Emitting Diode OLED Displays Market Size Forecast by Type
9.6.1 Rigid
9.6.2 Flexible
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Organic Light Emitting Diode OLED Displays Market Size Forecast by Applications
9.10.1 Smartphone
9.10.2 Tablet
9.10.3 Laptop & PC Monitor
9.10.4 Television
9.10.5 Vehicle & Public Transport
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Organic Light Emitting Diode OLED Displays Analysis and Forecast
10.1 Introduction
10.2 Europe Organic Light Emitting Diode OLED Displays Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Organic Light Emitting Diode OLED Displays Market Size Forecast by Type
10.6.1 Rigid
10.6.2 Flexible
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Organic Light Emitting Diode OLED Displays Market Size Forecast by Applications
10.10.1 Smartphone
10.10.2 Tablet
10.10.3 Laptop & PC Monitor
10.10.4 Television
10.10.5 Vehicle & Public Transport
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Organic Light Emitting Diode OLED Displays Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Organic Light Emitting Diode OLED Displays Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Organic Light Emitting Diode OLED Displays Market Size Forecast by Type
11.6.1 Rigid
11.6.2 Flexible
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Organic Light Emitting Diode OLED Displays Market Size Forecast by Applications
11.10.1 Smartphone
11.10.2 Tablet
11.10.3 Laptop & PC Monitor
11.10.4 Television
11.10.5 Vehicle & Public Transport
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Organic Light Emitting Diode OLED Displays Analysis and Forecast
12.1 Introduction
12.2 Latin America Organic Light Emitting Diode OLED Displays Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Organic Light Emitting Diode OLED Displays Market Size Forecast by Type
12.6.1 Rigid
12.6.2 Flexible
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Organic Light Emitting Diode OLED Displays Market Size Forecast by Applications
12.10.1 Smartphone
12.10.2 Tablet
12.10.3 Laptop & PC Monitor
12.10.4 Television
12.10.5 Vehicle & Public Transport
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Organic Light Emitting Diode OLED Displays Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Organic Light Emitting Diode OLED Displays Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Organic Light Emitting Diode OLED Displays Market Size Forecast by Type
13.6.1 Rigid
13.6.2 Flexible
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Organic Light Emitting Diode OLED Displays Market Size Forecast by Applications
13.10.1 Smartphone
13.10.2 Tablet
13.10.3 Laptop & PC Monitor
13.10.4 Television
13.10.5 Vehicle & Public Transport
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Organic Light Emitting Diode OLED Displays Market: Competitive Dashboard
14.2 Global Organic Light Emitting Diode OLED Displays Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung Electronics
14.3.2 LG Display
14.3.3 Universal Display Corporation
14.3.4 AU Optronics
14.3.5 BOE Technology
14.3.6 Tianma Microelectronics
14.3.7 Royole Corporation
14.3.8 Acuity Brands
14.3.9 Konica Minolta Pioneer OLED
14.3.10 OLEDworks
14.3.11 Lumiotec