The Global Flexible Organic Light Emitting Diode Market Research Report published by Emergen Research has been formulated by analysis of key business details and extensive geographical spread of the Flexible Organic Light Emitting Diode industry. The study offers comprehensive coverage of the qualitative and quantitative analysis of the Flexible Organic Light Emitting Diode market along with crucial statistical data about the Flexible Organic Light Emitting Diode market. The research study provides historical data from 2017 to 2018 and offers accurate forecast estimation until 2027. The report also profiles established and emerging players of the market, covering the business overview, product portfolio, strategic alliances, and business expansion strategies.
The global flexible Organic Light Emitting Diode (OLED) market size reached USD 4.48 Billion in 2021 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid growth of smartphone industry and increasing need to reduce thickness of display are expected to support market revenue growth between 2022 and 2030. Additionally, increasing need for fast response time to the user will drive revenue growth of market. Increasing development of material science and technology has led to development of several flexible display devices. Rising use of flexible OLED technology in e-papers, electronic posters and labels, smart devices, and televisions are expected to drive market revenue growth during the forecast period. Increasing urbanization and rising disposable incomes have also resulted in a rapid increase in adoption of high-end televisions, wearables, and smartphones. Furthermore, devices with flexible OLED takes less time in responding to users’ need which is further boosting demand for flexible OLED. For instance, an OLED can theoretically have less than a 0.01-ms response time enabling a refresh rate of up to 100,000 Hz whereas LCDs are capable of between 1 and 16 ms response times leading to a refresh rate of 60 to 480 Hz. Moreover, flexible OLED also causes less eyes irritation as compared to other conventional displays. Increasing need for faster and more convenient experience combined with improved safety for users is expected to propel market revenue growth during the forecast period.
The current COVID-19 pandemic is expected to have an effect on the growth of the Flexible Organic Light Emitting Diode industry majorly attributable to the movement restrictions and impact on the supply and demand due to the lockdowns. The COVID-19 pandemic has affected several sectors of the global market, and the Flexible Organic Light Emitting Diode sector is expected to feel the impact of the pandemic. The economic slowdown and dynamic changes in the demands will further affect the growth of the industry. The report covers the impact analysis of the COVID-19 pandemic on the overall Flexible Organic Light Emitting Diode industry.
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Market Dynamics:
The report offers insightful information about the market dynamics of the Flexible Organic Light Emitting Diode market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Flexible Organic Light Emitting Diode market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Flexible Organic Light Emitting Diode market.
The report covers the following chapters:
- Impact of COVID-19 – This section describes the impact of COVID-19 on the Flexible Organic Light Emitting Diode market.
- Global Market Size and Growth – This section contains the global historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values, and drivers and restraints that support and control the growth of the market in the historic and forecast periods.
- Regional Analysis – This section contains the historic (2015-2019) and forecast (2019-2023), (2023-2025), and (2025-2030) market values and growth and market share comparison by region.
- Segmentation – This section contains the market values (2015-2030) and analysis for different segments.
- Global Macro Comparison – The global Flexible Organic Light Emitting Diode market comparison with macro-economic factors gives the Flexible Organic Light Emitting Diode market size, percentage of GDP, and average Flexible Organic Light Emitting Diode market expenditure.
- Supply Chain – The supply chain section of the report defines and explains the key players in the Flexible Organic Light Emitting Diode industry supply chain.
- Product/Service Analysis – The product/service analysis section of the report describes the leading products/services in the Flexible Organic Light Emitting Diode market along with key features and differentiators for those products/services.
- Customer Information – This chapter covers recent customers’ trends/preferences in the global Flexible Organic Light Emitting Diode market.
- Trends and Strategies – This chapter describes the major trends shaping the global Flexible Organic Light Emitting Diode market. This section highlights likely future developments in the market and suggests approaches companies can take to exploit these opportunities.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Samsung Electronics Co. Ltd., Sony Group Corporation, Koninklijke Philips N.V., DuPont de Nemours, Inc., LG Display Co. Ltd., BOE Technology Group Co. Ltd., AU Optronics Corporation, Japan Display, Inc., OSRAM GmbH, and Pioneer Corporation
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Flexible Organic Light Emitting Diode Market Segmentation:
-
Technology Outlook (Revenue, USD Billion; 2019–2030)
- Passive-Matrix OLED (PMOLED)
- Active-Matrix OLED (AMOLED)
-
Flexibility Type Outlook (Revenue, USD Billion; 2019–2030)
- Curved Display
- Foldable Display
-
Application Outlook (Revenue, USD Billion; 2019–2030)
- Lighting
- Smart Phones
- Television
- Monitor
- Wearables
- Others
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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