OLED Market - Global Forecast to 2023 - Rapid Adoption of OLED Displays in Smartphones to Drive Growth - Research and Markets

DUBLIN--()--The "OLED Market by Display Application, Panel Type, Technology, Size, Material, Lighting Application, Panel Type & Vertical and Geography - Global Forecast to 2023" report has been added to Research and Markets' offering.

The global OLED market was valued at USD 16.58 billion in 2016 and is expected to reach USD 48.81 billion by 2023, at a CAGR of 15.2% between 2017 and 2023.

The key factors driving the growth of the market include the rapid adoption of OLED displays in smartphones and the growing investments in technology and manufacturing facilities. The growth of the market is further driven by positive user experience pertaining to OLED devices, advancements in technology and benefits offered by the technology, and government support with regard to OLED lighting research. However, the market growth is restrained by the high growth of the market for micro-LED and direct-view LED display technologies, and low market acceptance of OLED lighting fixtures.

The display market for vehicles, televisions, and signage/large format displays is expected to grow at a high rate during the forecast period. An AMOLED display is used in Audi's R18 as a digital rare-view mirror. BMW A8 includes an OLED display for passengers in the back, which can be used to control the car's infotainment systems. In January 2015, Continental AG (Germany) unveiled flexible AMOLED displays for the automotive sector. LG Display is developing a full HD, 12.3-inch curved plastic-based flexible OLEDs for automotive applications. The company has collaborated with Tesla, Cadillac, and Mercedes, and expects to manufacture these display panels and make them commercially available by 2018. LG dominates the OLED display market for television and signage applications. The company has launched various models based on OLED panels. Samsung Display showcased new OLED prototypes for automotive applications at SID 2016.

Companies Mentioned

  • AU Optronics
  • Acuity Brands
  • BOE Technology
  • Konica Minolta Pioneer OLED
  • Kopin Corporation
  • LG Display
  • Luminescience Technology (Lumtec)
  • Lumiotec
  • OLEDworks
  • Osram
  • Pixelligent Technologies
  • Royole Corporation
  • Samsung Electronics
  • Tianma Microelectronics
  • Universal Display Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 OLED Display Market, By Application

8 OLED Display Market, By Display Panel Type

9 OLED Display Market, By Technology

10 AMOLED Display Market, By Material

11 OLED Display Market, By Display Panel Size

12 OLED Lighting Market, By Application and Panel Type

13 OLED Lighting Market, By Vertical

14 Geographical Analysis

15 Competitive Landscape

16 Company Profiles

For more information about this report visit https://www.researchandmarkets.com/research/fmz353/oled_market_by

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: OLED (Organic Light Emitting Diodes)

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: OLED (Organic Light Emitting Diodes)