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OLED Industry 2018, Deep Market Research Report Analysis, Forecast and Outlook
Posted: Dec 09, 2018
Our latest research report entitled OLED Market (by techology (amoled, pmoled), panel type (hospitals, private clinics, diagnostic centers), application (portable systems, t.v, desktop & laptop, led lighting, automotive)) provides complete and deep insights into the market dynamics and growth of OLED. Latest information on market risks, industry chain structure OLED cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential OLED growth factors.
The forecast OLED Market information is based on the present market situation, growth opportunities, development factors, and opinion of the industry experts. An in-depth analysis of the company profiles, OLED on global and regional level and applications is conducted. The analysis of downstream buyers, sales channel, raw materials, and industry verticals is offered in this report. According to report the global OLED market is projected to grow at a CAGR of 16.1% over the forecast period of 2018-2024.
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Organic Light emitting diode is one of the major display technologies. These are originated from the class of LED’s and works on the principle electro luminance. These OLEDs are used to are used to create digital displays in devices such as TV screens, computer monitors, smartphones, cameras lighting and wearable devices. OLEDs do not require a backlight and filters (like LCD displays do), they are more efficient, simpler to make, and much thinner - and in fact can be made flexible and even rollable. There are two types of OLED technology: Passive-Matrix (PMOLED) and Active-Matrix (AMOLED). OLEDs have a great picture quality - brilliant colors, infinite contrast, fast response rate and wide viewing angles. Samsung and LG were first companies to introduce OLED T.V’s in the market.
OLED are widely used in used in TV displays, the use of OLED in T.V display’s provides the best quality image and provides better durability. The use of OLED also facilitates in low power consumption and the displays can be made more transparent and flexible. In, addition increasing adoption of OLED in smartphones as it enhances the aesthetics of the product. These aforementioned factors are major driving the OLED market. The use of OLED displays in wearable is also fueling the growth of the OLED displays. Going further, increasing investments in OLED technology and manufacturing facilities are acting as boon for the market growth. However, high cost of OLED products acts as restraint for the market growth.
Increase acceptance of OLED lighting fixtures can create lucrative opportunities for the OLED market. Also, reduction in prices of OLED based products is anticipated to drive the OLED market in coming years. Geographically, Asia Pacific accounted for the highest market share in 2017 and is expected to remain dominant throughout the forecast period. The factor responsible for driving the growth in this region includes increase demand for consumer good products such as T.V, smartphones and wearable products coupled with rising disposable income. Also, Asia Pacific houses 60 % of the global population, with on-going steady growth in economy in Asia pacific countries, the demand and affordability of the products such as T.V, smartphones, wearable’s and several other products will increase which in turn, will drive the growth in OLED market throughout the forecast period.
Segment Covered
The report on global OLED market covers segments such as, techology, panel type and application. On the basis of techology the global OLED market is categorized into amOLED and pmOLED. On the basis of panel type the global OLED market is categorized into rigid and flexible. On the basis of application the global OLED market is categorized into portable systems, t.v, desktop & laptop, led lighting and automotive.
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Major Key Players Mentioned in this Premium Report
The report provides profiles of the companies in the global OLED market such as, OLED works, Samsung Electronics, Tianma Microelectronics, Acuity Brands, LG Display, Konica Minolta Pioneer OLED, Osram, AU Optronics and Universal Display Corporation.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report provides insights on the factors that are driving and restraining the global OLED market. Moreover, IGR-Growth Matrix analysis given in the report brings an insight on the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of OLED market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the OLED market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight on the market share of the leading players. This report will help manufacturers, suppliers and distributors of the OLED market to understand the present and future trends in this market and formulate their strategies accordingly.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/ict-semiconductor/global-oled-markets
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