OLEDs Market Trends

  • Report ID: 3883
  • Published Date: Dec 26, 2024
  • Report Format: PDF, PPT

Organic Light Emitting Diodes (OLEDs) Sector: Growth Drivers and Challenges

Growth Drivers

  • Improved Video Display with OLED

  • Growing Technological Advancement in Electronic Devices

Challenges

  • High Cost Associated with Organic LED


Base Year

2024

Forecast Year

2025-2037

CAGR

19.8%

Base Year Market Size (2024)

USD 67.6 billion

Forecast Year Market Size (2037)

USD 707.76 billion

Regional Scope

  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

Browse key industry insights with market data tables & charts from the report:

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of OLEDs is estimated at USD 78.98 billion.

Organic Light Emitting Diodes (OLEDs) Market size was over USD 67.6 billion in 2024 and is anticipated to cross USD 707.76 billion by 2037, growing at more than 19.8% CAGR during the forecast period i.e., between 2025-2037.

Asia Pacific industry is likely to dominate majority revenue share by 2037, impelled by presence of major companies in the region.

The major players in the market are Samsung Display Co., Ltd., Futaba Corporation, Universal Display Corporation, RITEK Corporation, Osram Licht AG, OLEDWorks LLC, Innolux Corporation, Seiko Epson Corporation, Koninklijke Philips N.V., and others.
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