OLED Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis (2017-2021) and Forecast (2022-2028

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OLED Market By Technology Type (AMOLED, PAMOLED), By Material (FMM RGB, WOLED), By Display Panel Size ( Up to 6 Inches, 6–20 Inches, 20–50 Inches, More than 50 Inches), By Application ( Smartphones & Tablets, TV, Laptops & Monitors, Wearable, Lighting, Others), By End User ( Consumer Electronics, Automotive, Sports & Entertainment, Others) and Geography

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Report

Description

The OLED Market size is valued at USD 34,748.9 million in 2021 and is expected to grow at a significant CAGR of 21.2% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by Technology Type, Material, Display Panel Size, Application, and End User. By Technology type, the OLED market has been segmented into AMOLED, PAMOLED. The AMOLED segment is likely to be the largest and fastest-growing segment in terms of technology. Based on material, the OLED market is segmented into FMM RGB, WOLED.  Among these, the FMM RGB segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Display Panel Size, the OLED market is segmented into Up to 6 Inches, 6–20 Inches, 20–50 Inches, more than 50 Inches. up to 6 Inches are expected to dominate the market in the future. Based on application, the market has been segmented into Smartphones & Tablets, TV, Laptops & Monitors, Wearable, Lighting, Others. Smartphones & Tablets segment expected to grow at the highest CAGR over the forecast years. Based on the end-user, the market has been segregated into Consumer Electronics, Automotive, Sports & Entertainment, and Others. The Consumer Electronics segment is to dominate other segments in the OLED market according to Precision Business Insights.

Key Development:

In June 2020, LG announced the launch of a new vivid, transparent OLED display for digital signage solutions. The new display offers cutting-edge touch screen technology and uses projected capacitive (p-cap) film technology to deliver a highly responsive, accurate touch experience. The new OLED display is built from anti-reflective, tempered, shatter-resistant front glass to make it suitable for commercial use.

OLED Market

MARKET SUMMARY
-
21.2%
  • Study Period– 2022 – 2028
  • Base Year– 2021
  • CAGR–  21.2%
  • Largest Market– North America
  • Fastest Growing Market–  Asia-Pacific

OLED Market

  • The global oled market report gives comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
  • The oled market report gives historical, current, and future market sizes (US$ Mn) based on by technology, by material, display pannel size, by application, end user and geography.
Key Players
  • Acuity Brands
  • AU Optronics Corp.
  • BOE Technology
  • IGNIS Innovation Inc
  • Konica Minolta Pioneer OLED
OLED Market Drivers

Factors such as increasing population demand for the adoption of electronic goods such as TVs, mobiles, and tabs coupled with an increase in the use of OLEDs in automotives are anticipated to propel the market growth in the near future.


Asia-Pacific Got Significant Share

OLED Market

By region, the Asia Pacific market is expected to witness highest market share during the forecast period due to the significant demand for OLED display panels from smartphone vendors and OEMs in China, Japan, Taiwan, and South Korea.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The OLED Market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
OLED Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The oled market is projected to expand at a CAGR of 21.2% during the forecast period.

The major players in the global OLED market Acuity Brands, AU Optronics Corp, BOE Technology, IGNIS Innovation Inc, Konica Minolta Pioneer OLED, LG Display, OLED Works, OSRAM GmbH, Samsung Electronics, Tianma Microelectronics, Universal Display Corp.

North America is the fastest-growing region for oled market


Report

Table Of Content

1. Executive Summary
2. Global OLED Market Introduction
2.1. Global OLED Market – Taxonomy
2.2. Global OLED Market –Definitions
2.2.1. Technology Type
2.2.2. Material
2.2.3. Display Panel Size
2.2.4. Application
2.2.5. End User
3. Global OLED Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global OLED Market Dynamic Factors – Impact Analysis
3.6. Global OLED Market – Competition Landscape
4. Global OLED Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028
4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global OLED Market, By Technology Type, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1. AMOLED
5.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. PAMOLED
5.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global OLED Market, By Material, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1. FMM RGB
6.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. WOLED
6.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
7. Global OLED Market Forecast, By Display Panel Size, 2017 – 2021 and Forecast, 2022 – 2028
7.1. Upto 6 Inches
7.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. 6–20 Inches
7.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. 20–50 Inches
7.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
7.4. More than 50 Inches
7.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.4.3. Market Opportunity Analysis
8. Global OLED Market Forecast, By Application, 2017 – 2021 and Forecast, 2022 – 2028
8.1. Smartphones & Tablets
8.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. TV
8.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Laptops & Monitors
8.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
8.4. Wearable
8.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.4.3. Market Opportunity Analysis
8.5. Lighting
8.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.5.3. Market Opportunity Analysis
8.6. Others
8.6.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
8.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.6.3. Market Opportunity Analysis
9. Global OLED Market Forecast, By End User, 2017 – 2021 and Forecast, 2022 – 2028
9.1. Consumer Electronics
9.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Automotive
9.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Sports & Entertainment
9.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Others
9.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
10. Global OLED Market Forecast, By Region, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1. North America
10.1.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.1.3. Market Opportunity Analysis
10.2. Europe
10.2.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.2.3. Market Opportunity Analysis
10.3. Asia-Pacific
10.3.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.3.3. Market Opportunity Analysis
10.4. Latin America
10.4.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.4.3. Market Opportunity Analysis
10.5. Middle East and Africa
10.5.1. Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
10.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
10.5.3. Market Opportunity Analysis
10.6. Global OLED Market – Opportunity Analysis Index, By Technology Type, Material, Display Panel Size, Application, End User and Region, 2020 – 2026
11. North America OLED Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
11.1. Technology Type Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
11.1.1. AMOLED
11.1.2. PAMOLED
11.2. Material Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. FMM RGB
11.2.2. WOLED
11.3. Display Panel Size Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. Upto 6 Inches
11.3.2. 6–20 Inches
11.3.3. 20–50 Inches
11.3.4. More than 50 Inches
11.4. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Smartphones & Tablets
11.4.2. TV
11.4.3. Laptops & Monitors
11.4.4. Wearable
11.4.5. Lighting
11.4.6. Others
11.5. End User Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.5.1. Consumer Electronics
11.5.2. Automotive
11.5.3. Sports & Entertainment
11.5.4. Others
11.6. Country Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.6.1. USA
11.6.2. Canada
11.7. North America OLED Market – Opportunity Analysis Index, By Technology Type, Material, Display Panel Size, Application, End User and Country, 2020 – 2026
11.8. North America OLED Market Dynamics – Trends
12. Europe OLED Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
12.1. Technology Type Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
12.1.1. AMOLED
12.1.2. PAMOLED
12.2. Material Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. FMM RGB
12.2.2. WOLED
12.3. Display Panel Size Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. Upto 6 Inches
12.3.2. 6–20 Inches
12.3.3. 20–50 Inches
12.3.4. More than 50 Inches
12.4. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Smartphones & Tablets
12.4.2. TV
12.4.3. Laptops & Monitors
12.4.4. Wearable
12.4.5. Lighting
12.4.6. Others
12.5. End User Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.5.1. Consumer Electronics
12.5.2. Automotive
12.5.3. Sports & Entertainment
12.5.4. Others
12.6. Country Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.6.1. Germany
12.6.2. UK
12.6.3. France
12.6.4. Spain
12.6.5. Italy
12.6.6. Russia
12.6.7. Poland
12.6.8. Rest of Europe
12.7. Europe OLED Market – Opportunity Analysis Index, By Technology Type, Material, Display Panel Size, Application, End User and Country, 2020 – 2026
12.8. Europe OLED Market Dynamics – Trends
13. Asia-Pacific OLED Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
13.1. Technology Type Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
13.1.1. AMOLED
13.1.2. PAMOLED
13.2. Material Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. FMM RGB
13.2.2. WOLED
13.3. Display Panel Size Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. Upto 6 Inches
13.3.2. 6–20 Inches
13.3.3. 20–50 Inches
13.3.4. More than 50 Inches
13.4. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Smartphones & Tablets
13.4.2. TV
13.4.3. Laptops & Monitors
13.4.4. Wearable
13.4.5. Lighting
13.4.6. Others
13.5. End User Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.5.1. Consumer Electronics
13.5.2. Automotive
13.5.3. Sports & Entertainment
13.5.4. Others
13.6. Country Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.6.1. Japan
13.6.2. China
13.6.3. India
13.6.4. ASEAN
13.6.5. Australia & New Zealand
13.6.6. Rest of Asia-Pacific
13.7. Asia-Pacific OLED Market – Opportunity Analysis Index, By Technology Type, Material, Display Panel Size, Application, End User and Country, 2020 – 2026
13.8. Asia-Pacific OLED Market Dynamics – Trends
14. Latin America OLED Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
14.1. Technology Type Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
14.1.1. AMOLED
14.1.2. PAMOLED
14.2. Material Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. FMM RGB
14.2.2. WOLED
14.3. Display Panel Size Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. Upto 6 Inches
14.3.2. 6–20 Inches
14.3.3. 20–50 Inches
14.3.4. More than 50 Inches
14.4. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Smartphones & Tablets
14.4.2. TV
14.4.3. Laptops & Monitors
14.4.4. Wearable
14.4.5. Lighting
14.4.6. Others
14.5. End User Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.5.1. Consumer Electronics
14.5.2. Automotive
14.5.3. Sports & Entertainment
14.5.4. Others
14.6. Country Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.6.1. Brazil
14.6.2. Mexico
14.6.3. Argentina
14.6.4. Rest of Latin America
14.7. Latin America OLED Market – Opportunity Analysis Index, By Technology Type, Material, Display Panel Size, Application, End User and Country, 2020 – 2026
14.8. Latin America OLED Market Dynamics – Trends
15. Middle East and Africa OLED Market Analysis, 2017 – 2021 and Forecast, 2022 – 2028 (Revenue, USD Mn)
15.1. Technology Type Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
15.1.1. AMOLED
15.1.2. PAMOLED
15.2. Material Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.2.1. FMM RGB
15.2.2. WOLED
15.3. Display Panel Size Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.3.1. Upto 6 Inches
15.3.2. 6–20 Inches
15.3.3. 20–50 Inches
15.3.4. More than 50 Inches
15.4. Application Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.4.1. Smartphones & Tablets
15.4.2. TV
15.4.3. Laptops & Monitors
15.4.4. Wearable
15.4.5. Lighting
15.4.6. Others
15.5. End User Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
15.5.1. Consumer Electronics
15.5.2. Automotive
15.5.3. Sports & Entertainment
15.5.4. Others
15.6. Country Analysis 2017 – 2021 and Forecast, 2022 – 2028 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
15.6.1. Gulf Cooperation Council (GCC) Countries
15.6.2. Israel
15.6.3. South Africa
15.6.4. Rest of MEA
15.7. MEA OLED Market – Opportunity Analysis Index, By Technology Type, Material, Display Panel Size, Application, End User and Country, 2020 – 2026
15.8. MEA OLED Market Dynamics – Trends
16. Competition Landscape 
16.1. Strategic Dashboard of Top Market Players
16.2. Company Profiles (Introduction, Financial Analysis, Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
16.2.1. Acuity Brands
16.2.2. AU Optronics Corp.
16.2.3. BOE Technology
16.2.4. IGNIS Innovation Inc
16.2.5. Konica Minolta Pioneer OLED
16.2.6. LG Display
16.2.7. OLED Works
16.2.8. OSRAM GmbH
16.2.9. Samsung Electronics
16.2.10. Tianma Microelectronics
16.2.11. Universal Display Corp.
17. Research Methodology
18. Key Assumptions and Acronyms

Report

Company Profile

  • Acuity Brands
  • AU Optronics Corp.
  • BOE Technology
  • IGNIS Innovation Inc
  • Konica Minolta Pioneer OLED
  • LG Display
  • OLED Works
  • OSRAM GmbH
  • Samsung Electronics
  • Tianma Microelectronics

Description

The OLED Market size is valued at USD 34,748.9 million in 2021 and is expected to grow at a significant CAGR of 21.2% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the market and that can be segmented by Technology Type, Material, Display Panel Size, Application, and End User. By Technology type, the OLED market has been segmented into AMOLED, PAMOLED. The AMOLED segment is likely to be the largest and fastest-growing segment in terms of technology. Based on material, the OLED market is segmented into FMM RGB, WOLED.  Among these, the FMM RGB segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on Display Panel Size, the OLED market is segmented into Up to 6 Inches, 6–20 Inches, 20–50 Inches, more than 50 Inches. up to 6 Inches are expected to dominate the market in the future. Based on application, the market has been segmented into Smartphones & Tablets, TV, Laptops & Monitors, Wearable, Lighting, Others. Smartphones & Tablets segment expected to grow at the highest CAGR over the forecast years. Based on the end-user, the market has been segregated into Consumer Electronics, Automotive, Sports & Entertainment, and Others. The Consumer Electronics segment is to dominate other segments in the OLED market according to Precision Business Insights.

Key Development:

In June 2020, LG announced the launch of a new vivid, transparent OLED display for digital signage solutions. The new display offers cutting-edge touch screen technology and uses projected capacitive (p-cap) film technology to deliver a highly responsive, accurate touch experience. The new OLED display is built from anti-reflective, tempered, shatter-resistant front glass to make it suitable for commercial use.

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