Global OLED Market is expected to reach $28 billion by 2024; growing at a CAGR of 28.2% from 2016 to 2024. Organic light-emitting diodes (OLEDs) are light emitting devices used in mobile, television, PCs, and other equipment for better picture quality and to increase its durability. Organic LEDs are thinner, brighter, and faster than LCD technologies. It does not require lighting like other display modes as the organic materials used by OLED Pixel sites produce their own light. It is energy efficient and inbuilt with more saturated colors which improve the viewing experience of individuals. Cheap manufacturing costs of OLEDs in comparison to LCDs have increased its preference among manufactures.

1. Global Organic Light Emitting Diode (OLED) Market is
Expected to Reach $28 Billion, by 2024, Says Variant Market
Research
Global OLED Market is expected to reach $28 billion by 2024; growing at a CAGR of
28.2% from 2016 to 2024. Organic light-emitting diodes (OLEDs) are light emitting
devices used in mobile, television, PCs, and other equipment for better picture quality
and to increase its durability. Organic LEDs are thinner, brighter, and faster than LCD
technologies. It does not require lighting like other display modes as the organic
materials used by OLED Pixel sites produce their own light. It is energy efficient and
inbuilt with more saturated colors which improve the viewing experience of individuals.
Cheap manufacturing costs of OLEDs in comparison to LCDs have increased its
preference among manufactures.
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Increased demand for energy efficient and eco-friendly products is the major factors
driving the global OLED market. Moreover, rise in demand for OLED technology in the
automobile industry have also propelled the growth of global OLED market.
Technological advancement in automotive industry would provide several growth
opportunities for the market in coming years. However, high cost of OLED may hinder
the market growth.

2. The global OLED market is bifurcated by technology, materials and application. The
segmentations by technology include PMOLED and AMOLED. Electrode materials,
Emissive Layer Materials (EML), Hole Transport Layer Materials (HTL), Electron
Transport Layer Materials (ETL), and Substrates are the various classifications of OLED
by materials. Displays dominated the application segment with the largest market share
in 2016. AMOLED was the maximum revenue generating segment by technology.
Substrates accounted for the largest market share in the overall OLED market by
materials. The application segment is further sub-segmented into displays and lighting.
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Based on geography, the market has been segmented into North America, Europe, Asia
Pacific and rest of the world (RoW). The U.S., Mexico and Canada are covered under
North America wherein Europe covers France, Germany, United Kingdom, Italy and
others. Asia-Pacific covers China, India, Japan, Australia, Singapore, Hong Kong and
others. Rest of the world (RoW) covers South America, Middle East and Africa.
Major companies operating in this market are LG Electronics Inc., Philips N.V., OSRAM
GmbH, Samsung Electronics Co. Ltd., Panasonic Corporation, and Universal Display
Corporation, Konika Minolta, Osram, Toshiba, Pioneer, Ason, Lumiotec and among
others.

3. Scope of OLED Market
Technology Segments
• PMOLED
• AMOLED
Materials Segments
• Hole Transport Layer Materials (HTL)
• Electron Transport Layer Materials (ETL)
• Electrode materials
• Emissive Layer Materials (EML)
• Substrates
Application Segments
• Lighting
o Residential lighting
o Commercial and office lighting
o Outdoor lighting
o Automotive lighting
o Display
▪ Televisions
▪ Laptops, tablets, and PCs
▪ Others
Geographical Segments
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o United Kingdom

4. o Spain
o Others
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa
Table Of Content
• Chapter 1. Prefix
1.1 Market Scope
1.2 Report Description
1.3 Research Methodology
1.3.1 Primary Research
1.3.2 Secondary Research
1.3.3 In-house Data Modeling
• Chapter 2. Executive Summary
• Chapter 3. Market Outline
3.1 Market Inclination, Trend, Outlook and Viewpoint
3.2 Market Share Analysis: Company’s Competitive Scenario
3.3 Value Chain Analysis
3.4 Market Dynamics
3.4.1 Drivers
3.4.1.1 Impact Analysis
3.4.2 Restraints
3.4.2.1 Impact Analysis
3.4.3 Opportunities
3.5 Porter’s five forces analysis
3.5.1 Factors Impact Analysis
………….
• Chapter 8. Company Profiles
8.1 Samsung Electronics Co. Ltd.
8.2 LG Electronics Inc.
8.3 Philips N.V.

5. 8.4 OSRAM GmbH
8.5 Panasonic Corporation
8.6 Universal Display Corporation
8.7 Konika Minolta
8.8 Osram
8.9 Toshiba
8.10 Pioneer
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