The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Organic Light Emitting Diode (OLED) Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Organic Light Emitting Diode (OLED) Market:
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According to The Business Research Company’s Organic Light Emitting Diode (OLED) Global Market Report 2024, The organic light emitting diode (oled) market size has grown rapidly in recent years. It will grow from $41.95 billion in 2023 to $47.99 billion in 2024 at a compound annual growth rate (CAGR) of 14.4%. The growth in the historic period can be attributed to consumer electronics demand, increased investments, reduction in manufacturing costs, market competition, flexible displays.The organic light emitting diode (oled) market size is expected to see rapid growth in the next few years. It will grow to $78.02 billion in 2028 at a compound annual growth rate (CAGR) of 12.9%.
The increasing demand from the automotive industry is expected to drive the growth of the OLED market in the future. The automotive industry comprises firms and organizations involved in the design, development, manufacture, marketing, and sale of motor vehicles, motorcycles, and mopeds. OLEDs, known for their self-illuminating nature, are utilized in automobiles to provide vibrant colors, deep blacks, and wide viewing angles for instrument clusters, navigation systems, and infotainment screens. For example, in February 2023, according to MotorCycles Data, a UK-based sales data reporting company for motorcycle brands, Honda Motor Co. Ltd., a Japan-based automobile and motorcycle manufacturing company, achieved sales of 17.6 million units, marking a 4.9% increase from the previous year and capturing a 29.4% market share worldwide. Therefore, the increasing demand from the automotive industry is fueling the growth of the OLED market.
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The organic light emitting diode (oled) market covered in this report is segmented –
1) By Product Type: Display, Lighting
2) By Technology: Active-Matrix OLED, Passive-Matrix OLED, Foldable OLED, White OLED, Transparent OLED, Other Technologies
3) By Display Panel Type: Rigid, Flexible, Other Display Panels
4) By End-User: Consumer Electronics, Automotive, Retail, Industrial, Commercial, Aerospace And Defense, Healthcare, Other End-Users
Top Major Players
Panasonic Corporation,
Schneider Electric SE,
Toshiba Corporation,
BOE Technology Group Co. Ltd.,
LG Display Co. Ltd.
The organic light emitting diode (oled) market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Organic Light Emitting Diode (OLED) Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Organic Light Emitting Diode (OLED) Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Organic Light Emitting Diode (OLED) Market, Segmentation By Display Panel Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 75: Panasonic Corporation Financial Performance
Table 76: Schneider Electric SE Financial Performance
Table 77: Toshiba Corporation Financial Performance
Table 78: BOE Technology Group Co. Ltd. Financial Performance
Table 79: LG Display Co. Ltd. Financial Performance
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