OLED Market is projected to witness a compound annual growth rate of 14.83% over the forecast period to reach a total market size of US$42.115 billion by 2021, from US$18.368 billion in 2015.
OLED technology is being increasingly used on account of advantages it offers like high power efficiency, lightweight and reduced size as compared to LED/LCD. OLED Display market is estimated to dominate over OLED lighting over the next six years due to features like better contrast ratio and viewing angles, and a deeper black.
Technological advancement due to R&D activities and increasing demand in the automotive industries for lighting and display solution are some key factors driving the growth of the market. Asia Pacific market is expected to grow at an exponential rate due to high demand from end-user industries.
Key industry players profiled as part of this section are Samsung Display, LG Display, OSRAM, Acuity Brands, Novaled GmbH, Koninklijke Philips N.V., Panasonic Corporation and AU Optronics Corporation among others.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. OLED Market Forecast by Application (US $ billion)
6. OLED Market Forecast by Display Technology (US$ billion)
7. OLED Market Forecast by Geography (US$ billion)