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OLEDs Market Trends

  • Report ID: 3883
  • Published Date: Sep 11, 2024
  • Report Format: PDF, PPT

OLEDs Market Trends

Growth Drivers

  • Improved Video Display with OLED
  • Growing Technological Advancement in Electronic Devices

Challenges

  • High Cost Associated with Organic LED

Organic Light Emitting Diodes (OLEDs) Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

19.8%

Base Year Market Size (2023)

USD 56.43 billion

Forecast Year Market Size (2036)

USD 590.81 billion

Regional Scope
  • North America (U.S., and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, South Korea, Malaysia, Australia, 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)
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Browse Key Market Insights with Data Illustration:

Author Credits:  Dhruv Bhatia


  • Report ID: 3883
  • Published Date: Sep 11, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing advancement in consumer electronics is estimated to drive the growth of the market.

The market is anticipated to attain a CAGR of ~21% over the forecast period, i.e., 2022 – 2031.

The Asia Pacific region is anticipated to provide more business opportunities over the forecast period owing to the growing consumer demand for advanced electronic devices.

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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