OLED Display Market Analysis Report 2022 by Supply, Demand, Components, Trends, Size, Share

OLED Display Market Size is expected to reach USD 63.55 Billion by 2030. From its valuation of USD 30.23 Billion in 2022 and is expected to showcase CAGR of 10.3% during the forecast period (2023-2030).

OLED (Organic Light Emitting Diode) Display Market is a type of flat panel display that is made using organic compounds. The OLED display market refers to the market for these displays, which are used in various applications such as televisions, smartphones, laptops, and digital signage.

The trend towards the development of foldable OLED displays and transparent OLED displays is driving the demand for OLED technology. Manufacturers are also focusing on the development of larger-sized OLED displays for use in televisions and other applications. The increasing adoption of OLED displays in automotive displays and digital signage is also a significant trend in the market.

The OLED display market is driven by several factors, including the increasing demand for high-quality display in consumer electronics, the growing adoption of OLED displays in automotive displays and digital signage, and the increasing demand for energy-efficient displays. The increasing investment in research and development for the improvement of OLED technology is also driving the market.

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There are several key players in the OLED display market, including

• Samsung Display
• LG Display
• BOE Technology Group Co., Ltd. (BOE)
• Visionox Company
• AU Optronics
• Shenzhen huaxing Optoelectronics Technology
• JOLED Inc.
• Royole Corporation
• Tianma Microelectronics
• KONKA North America

The OLED display market study is categorized into major segments and further into sub-segments, such as:

By Technology       

Active-Matrix OLED (AMOLED), Passive-Matrix OLED (PAMOLED), Foldable OLED, White OLED, and Transparent OLED

By Product Type   

Display and Lighting

By Panel Type

Rigid and Flexible

By Application      

Digital Signage Systems, Laptops, PC Monitors, Smartphones & Tablets, Smartwatches & Wearables, and Televisions

By End-Use 

Residential, Commercial, and Industrial

Asia Pacific is the largest market for OLED displays, accounting for a significant OLED Display Market Share in terms of revenue and consumption. The growth in the region can be attributed to the increasing demand for OLED displays in smartphones and televisions, as well as the presence of major manufacturers in countries such as South Korea and China. North America and Europe are also significant markets for OLED displays due to the growing adoption of OLED displays in various applications and the increasing investment in research and development for OLED technology.

The increasing adoption of OLED displays in various applications and the growing demand for energy-efficient displays are expected to create lucrative growth opportunities for manufacturers in the OLED display market. The development of new applications for OLED displays, such as foldable displays and transparent displays, is also expected to create growth opportunities for the market.

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