Organic Light-Emitting Diode Market by Product, Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Mar 2021
  • Pages: 120
  • SKU: IRTNTR70268
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The organic light-emitting diode market size has the potential to grow by USD 30.40 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 13.44%. 

This report provides a detailed analysis of the market by product (OLED display and OLED lighting), type (rigid OLED and flexible OLED), geography (APAC, North America, Europe, South America, and MEA), and key vendors. 

Market Overview

Organic-Light-Emitting-Diode-Market-Market-Size-2020-2025

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Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several market vendors, including: 

 

  • BOE Technology Group Co. Ltd.
  • Innolux Corp.
  • Japan Display Inc.
  • Konica Minolta Inc.
  • LG Electronics Inc.
  • Nippon Seiki Co. Ltd.
  • OSRAM GmbH
  • Samsung Electronics Co. Ltd.
  • Tianma Microelectronics Co. Ltd.
  • Universal Display Corp.

 

The organic light-emitting diode market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as growing popularity of digital signage applications to achieve growth opportunities. However, factors such as availability of less expensive substitutes will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the organic light-emitting diode market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This organic light-emitting diode market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Organic Light-Emitting Diode Market: Key Drivers and Trends

  • OLED displays are gaining more popularity compared with LCDs as the former is thinner, lighter, more flexible, and emit brighter colors. Also, OLED displays consume less power.
  • Digital signage can interact with customers in an effective manner and attract them into a store. It displays customized messages to customers and holds their attention for a longer time.
  • Audience management and targeted content display attributes are enabling digital signage to gain popularity across end-users.
  • Stakeholders of the retail store sector have become significant users of digital signage applications.
  • The growing popularity of digital signage applications through OLED displays will contribute to the OLED market growth during the forecast period. 
  • Technological advances in the automotive industry have increased the incorporation of OLED displays in vehicles.
  • The in-vehicle infotainment system requires a digital display and can improve safety and driver’s situational awareness.
  • At present OLED displays are common applications in in-vehicle infotainment systems, primarily because they consume less power and provide wide viewing angles.
  • The increasing adoption of in-vehicle infotainment systems is expected to increase the demand for OLED displays.
  • The increasing adoption of OLED displays in the automotive sector is one of the key organic-light emitting diode market trends that will have a positive influence on the growth in the coming years.

 

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Organic Light-Emitting Diode Market: Segmentation by Geography

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76% of the market’s growth will originate from APAC during the forecast period. China, South Korea (Republic of Korea), Japan, and Taiwan are the key markets for the organic light-emitting diode market in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The highest concentration of consumer electronic device manufacturers and the growing adoption of smartphones and wearable devices will facilitate the organic light-emitting diode market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Organic Light-Emitting Diode Market: Segmentation by Product

Organic-Light-Emitting-Diode-Market-Market-Share-by-Product-2020-2025

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The OLED display market segment will account for the highest market share in the coming years. The growing applications of OLED displays in smartphones and consumer electronics will boost the growth of the market segment in the coming years. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the organic light-emitting diode market size.

 

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Organic Light-Emitting Diode Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive organic light-emitting diode market growth during the next five years
  • Precise estimation of the organic light-emitting diode market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the organic light-emitting diode industry across APAC, North America, Europe, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of organic light-emitting diode market vendors

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Organic Light-Emitting Diode Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 13%

Market growth 2021-2025

$ 30.40 billion

Market structure

Fragmented

YoY growth (%)

12.72

Regional analysis

APAC, North America, Europe, South America, and MEA

Performing market contribution

APAC at 76%

Key consumer countries

China, US, South Korea (Republic of Korea), Japan, and Taiwan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

BOE Technology Group Co. Ltd., Innolux Corp., Japan Display Inc., Konica Minolta Inc., LG Electronics Inc., Nippon Seiki Co. Ltd., OSRAM GmbH, Samsung Electronics Co. Ltd., Tianma Microelectronics Co. Ltd., and Universal Display Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Five force summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Product

    • Market segments
    • Comparison by Product
    • OLED display - Market size and forecast 2020-2025
    • OLED lighting - Market size and forecast 2020-2025
    • Market opportunity by Product

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Rigid OLED - Market size and forecast 2020-2025
    • Flexible OLED - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • APAC - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Overview
      • Landscape disruption
      • Competitive scenario

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • BOE Technology Group Co. Ltd.
      • Innolux Corp.
      • Japan Display Inc.
      • Konica Minolta Inc.
      • LG Electronics Inc.
      • Nippon Seiki Co. Ltd.
      • OSRAM GmbH
      • Samsung Electronics Co. Ltd.
      • Tianma Microelectronics Co. Ltd.
      • Universal Display Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
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      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
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      The organic light-emitting diode market growth will increase by $30400.00 million during 2020-2025.
      The organic light-emitting diode market is expected to grow at a CAGR of 13.44% during 2020-2025.
      Technavio has segmented the organic light-emitting diode market by product (OLED display and OLED lighting) ,type (Rigid OLED and Flexible OLED) , and geographic (APAC, North America, Europe, South America, and MEA).
      BOE Technology Group Co. Ltd., Innolux Corp., Japan Display Inc., Konica Minolta Inc., LG Electronics Inc., Nippon Seiki Co. Ltd., OSRAM GmbH, Samsung Electronics Co. Ltd., Tianma Microelectronics Co. Ltd., Universal Display Corp. are a few of the key vendors in the organic light-emitting diode market.
      APAC will register the highest growth rate of 76.03% among the other regions. Therefore, the organic light-emitting diode market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
      • China
      • US
      • South Korea (Republic of Korea)
      • Japan
      • Taiwan
      The key factors driving the organic light-emitting diode market growth are:
      • Increasing number of patent-related activity by market vendors
      The organic light-emitting diode market vendors should focus on grabbing business opportunities from the oled display segment as it accounted for the largest market share in the base year.
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