Organic Light Emitting Diode (OLED) Market is expected to reach US$ 39.0 Billion by 2025

“Organic Light Emitting Diode (OLED) Market - Global Analysis and Forecast to 2025”, the global OLED market is expected to reach US$ 39.0 billion in 2025, registering a CAGR of 12.2% during the forecast period 2015-2025. 

The global OLED market has been segmented based on application, i.e., OLED display and OLED lighting. The organic displays in the market are still expensive, but prices are falling as the technology matures and volumes ramp up. Current improvements to display performance have resulted in enhanced product competitiveness, it is expected that the demand for smaller OLEDs for mobile devices, especially smartphones, will continue to grow at a healthy pace.

Key findings of the study:

Asia Pacific is anticipated to account the largest market share of the OLED market and is expected to register a CAGR of 13.2%

Based on the type, the AMOLED segment is expected to witness high year on year growth during the forecast period

Countries such as China and India are expected to be the most attractive market by the end of the forecast period

North America holds the second largest market share. Within North America, the US dominates the total revenue share of the market, owing to the spending capacity of the population and being a developed economy, the country is an early adopter of the latest technologies. The country is anticipated to continue its leadership during the forecast period by acquiring 51.3% of the total North American market growing at a high CAGR.

The key companies profiled in this report include FUTABA CORPORATION, Samsung Electronics Co., Ltd., Universal Display Corporation, Kunshan Visionox Display Technology Co., Ltd, DLC Display Co., Limited., Pioneer Corporation, Sony Corporation,     Koninklijke Philips N.V., Acuity Brands Lighting Inc., SEIKO EPSON CORPORATION, Innolux Corporation, OLEDWorks LLC, LG Electronics Inc., OSRAM GmbH, and RITEK Corporation.

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