Southeast  Methyl Cinnamic Aldehyde Market

OLED Market By Application (Smartphones, TV, Laptops, Others (Smart Watches & Vehicles)), By Product Type (AMOLED, PMOLED, Others (Transparent OLED, Foldable OLED)) Global size Analysis and Industry Forecast, 2019-2025.

  • Category:Semiconductor and Electronics
  • Published on:06 February, 2019
  • Pages:120
  • Formats:    
  • Report Code: HMI - 925885
  • Publisher:Genesis Market Insights

Overview

Global OLED Market was valued at USD 21.01 Billion in the year 2019. OLED market is further estimated to grow at a CAGR of 14.27% from 2019 to 2025 to reach USD 46.79 Billion. APAC region holds the highest market share in 2019 with European region is considered as the fastest growing market in the forecasted period. At a country level, South Korea is the biggest market in 2019 and it is projected to grow at a gradual pace in the coming years. Samsung Electronics, LG Display, and Konica Minolta are some of the key manufacturers in the OLED market with Samsung Electronics holding the substantial market share because of its better global presence both at production and at an operational level. Rising research and development expenses to cater changing demand of end users, similarly, growth strategies such as acquisition, collaboration, and expansion of the distribution network were a few techniques adopted by most of the top manufacturers in recent years.

Drivers:

Grants provided by governments of different Asian countries for OLED panel production

Introduction to flexible smartphones & wearable devices

Restraints:

High investments required to achieve economies of scale

Opportunities:

Adoption of OLED lighting by top automotive manufacturers

Challenges:

Introduction of substitute technology like QLED

The commercial segment is expected to hold the highest market share during the forecast period. With the increasing number of smartphone users, there is a demand for advanced technology in the display market. The governments of different countries are also helping the local & top manufacturers of OLED by providing them resources. Thus, OLED has a strong potential across the major countries.

On the other hand, the automotive sector is expected to grow at the highest CAGR during the year 2019-2025. As of now, OLEDs are being used in the rear lights of some top automotive manufacturers. It is predicted that OLEDs will be used extensively in the interiors of the cars in the coming years.

Key Benefits for Stakeholders

Lighting & Display manufacturers, distributors, and retailers

Research and Consulting organization

Electronics & Semiconductor manufacturers

Display-screen glass manufacturers

End-use industries

Regulatory bodies, policy actors, and consumers.

By Application

Smartphones

TV

Laptops

Others (Smart Watches & Vehicles)

By Product Type

AMOLED

PMOLED

Others (Transparent OLED, Foldable OLED)

By Industry Type

Commercial

Industrial

Automotive

Sports & Entertainment

Residential

By Region

North America

Europe

Asia-Pacific

LAMEA

Key Market Players

Samsung Electronics Co. Ltd.

LG Display Co. Ltd.

Universal Display Corporation

Koninklijke Philips N.V.

Osram GmbH

AU Optronics Corp.

BOE Technology Group Co

(A brief overview of another 13 companies is also provided)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques ?

Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
To avoid bias, we filter the collected data collected from authenticated sources.
GMI has a well proven Statistical Modeling System for estimates and forecasts.
Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.
Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.
Detailed customization is also available for you. Further, if the report listed above does not meet your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.


  • Analysis and forecasts at the global, regional and national levels of the research market; Provide insight into the major countries / regions this industry is blooming and identify regions that have not yet been developed

  • Segment-level analysis by shielding type, thermal application, and application, along with market size predictions and estimates, detail key areas of industrial growth.

  • Identify key market drivers, constraints, opportunities and challenges (DROCs) and their impact on changing market dynamics

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  • A list of key market participants with a portfolio of products to study and maintain the market environment, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview

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