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Organic light emitting diodes (devices) or OLEDs are monolithic, solid-state devices that typically consist of a series of organic thin films sandwiched between two thin-film conductive electrodes. When electricity is applied to an OLED, under the influence of an electrical field, charge carriers (holes and electrons) migrate from the electrodes into the organic thin films until they recombine in the emissive zone forming excitons. Once formed, these excitons, or excited states, relax to a lower energy level by giving off light (electroluminescence) and/or unwanted heat.
According to our (Global Info Research) latest study, the global OLED Panel market size was valued at USD 143 million in 2022 and is forecast to a readjusted size of USD 181.7 million by 2029 with a CAGR of 3.5% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global OLED Lighting Panels key players include LG Display, OLEDWorks, Sumitomo Chem, Lumiotec, etc. Global top four manufacturers hold a share over 80%.
Japan is the largest market, with a share about 30%, followed by China, and Europe, both have a share over 40 percent.
In terms of product, Rigid Panel is the largest segment, with a share nearly 70%. And in terms of application, the largest application is Traditional Lighting, followed by Automotive Lighting, etc.
This report is a detailed and comprehensive analysis for global OLED Panel market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global OLED Panel market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global OLED Panel market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global OLED Panel market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global OLED Panel market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for OLED Panel
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global OLED Panel market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SMD, RiTdisplay Corporation, Visionox, Sony and Chimei Innolux, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
OLED Panel market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Active Matrix
- Passive Matrix
Market segment by Application
- Military
- Industrial
- Electronic
- Other
Major players covered
- SMD
- RiTdisplay Corporation
- Visionox
- Sony
- Chimei Innolux
- AUO
- Pioneer
- Futaba-Former TDK
- LG Display
- Truly
- Univision
- BOE Technology
- Rainbow
- PHILIPS
- Osram
- PIOL
- OLEDWorks
- Sumitomo Chem
- Lumiotec
- Kaneka
- First-O-Lite
- Konica
- NEC Lighting
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe OLED Panel product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of OLED Panel, with price, sales, revenue and global market share of OLED Panel from 2018 to 2023.
Chapter 3, the OLED Panel competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the OLED Panel breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and OLED Panel market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of OLED Panel.
Chapter 14 and 15, to describe OLED Panel sales channel, distributors, customers, research findings and conclusion.