Global Organic Light-Emitting Diode (OLED) Market 2019-2023

Global Organic Light-Emitting Diode (OLED) Market 2019-2023

Global Organic Light-Emitting Diode (OLED) Market: About this market

Organic light-emitting diode (OLED) are organic material-based diodes that produce light without any external light source for projection and are used in lighting and displays. Technavio’s organic light-emitting diode (OLED) market analysis considers sales from both OLED display and OLED lighting. Our analysis also considers the sales of organic light-emitting diode (OLED) in the Americas, APAC, and EMEA. In 2018, the OLED display segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as rising demand for OLED display in smartphones and increasing incorporation of OLED display in consumer electronics will play a significant role in the OLED display segment to maintain its market position. Also, our global organic light-emitting diode (OLED) market report also looks at factors such as increasing number of patent-related activity by market vendors, growing investments in fabrication facilities, and growing popularity of digital signage applications. However, availability of less expensive substitutes, emergence of quantum dot technology, and increase in bill or material (BOM) may hamper the growth of the organic light-emitting diode (OLED) industry over the forecast period.

Global Organic Light-Emitting Diode (OLED) Market: Overview

Growing popularity of digital signage applications

Digital signage is an effective way to interact with customers which can influence purchase behavior by displaying customized messages. Retail sector is the major contributor in digital signage applications which is widely used to display discounts and offers to customers. Vendors are increasingly adopting OLED displays as they are thinner, lighter, more flexible, and emit brighter colors. This demand for OLED displays in digital signage applications will lead to the expansion of the global organic light-emitting diode (OLED) market at a CAGR of over 14% during the forecast period.

Emergence of quantum dot technology

Quantum dots are used in various applications such as displays, LED lighting, and solar cells. TV manufacturers are shifting their focus towards quantum dot-based TVs due to their benefits such as high color purity, high efficiency, and low power consumption. This development is expected to have a negative impact on the overall market growth.

For the detailed list of factors that will drive the global organic light-emitting diode (OLED) market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of a few major players, the global organic light-emitting diode (OLED) market is highly concentrated. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading organic light-emitting diode (OLED) manufacturers, that include BOE Technology Group Co. Ltd., Japan Display Inc., LG Electronics Inc., Samsung Electronics Co. Ltd., and Tianma Micro-electronics Co. Ltd.

Also, the organic light-emitting diode (OLED) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


Companies Mentioned

BOE Technology Group Co. Ltd., Japan Display Inc., LG Electronics Inc., Samsung Electronics Co. Ltd., and Tianma Micro-electronics Co. Ltd.

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global electronics market
      • Table Segments of global electronics market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by type
    • Table Type - Market share 2018-2023 (%)
    • Comparison by type
      • Table Comparison by type
    • Rigid OLED - Market size and forecast 2018-2023
      • Table Rigid OLED - Market size and forecast 2018-2023 ($ millions)
      • Table Vendors and products incorporating OLED displays
      • Table Rigid OLED - Year-over-year growth 2019-2023 (%)
    • Flexible OLED - Market size and forecast 2018-2023
      • Table Flexible OLED - Market size and forecast 2018-2023 ($ millions)
      • Table Flexible OLED - Year-over-year growth 2019-2023 (%)
    • Market opportunity by type
      • Table Market opportunity by type
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • OLED display - Market size and forecast 2018-2023
      • Table OLED display - Market size and forecast 2018-2023 ($ millions)
      • Table Benefits of OLED over other technology
      • Table OLED display - Year-over-year growth 2019-2023 (%)
    • OLED lighting - Market size and forecast 2018-2023
      • Table OLED lighting - Market size and forecast 2018-2023 ($ millions)
      • Table OLED lighting - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Some of the patent right by the vendors in the market
    • Market challenges
      • Table Display technology and their costs
      • Table Impact of drivers and challenges
  • Market trends
    • Increasing adoption of OLED displays in automotive sector
    • Rise in strategic partnerships
    • Emergence of QD-OLEDs
  • Vendor Share
    • Table Vendor share
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • BOE Technology Group Co. Ltd.
      • Table BOE Technology Group Co. Ltd. - Vendor overview
      • Table BOE Technology Group Co. Ltd. - Product segments
      • Table BOE Technology Group Co. Ltd. - Organizational developments
      • Table BOE Technology Group Co. Ltd. - Geographic focus
      • Table BOE Technology Group Co. Ltd. - Segment focus
      • Table BOE Technology Group Co. Ltd. - Key offerings
    • Japan Display Inc.
      • Table Japan Display Inc. - Vendor overview
      • Table Japan Display Inc. - Business segments
      • Table Japan Display Inc. - Organizational developments
      • Table Japan Display Inc. - Geographic focus
      • Table Japan Display Inc. - Segment focus
      • Table Japan Display Inc. - Key offerings
    • LG Electronics Inc.
      • Table LG Electronics Inc. - Vendor overview
      • Table LG Electronics Inc. - Business segments
      • Table LG Electronics Inc. - Organizational developments
      • Table LG Electronics Inc. - Geographic focus
      • Table LG Electronics Inc. - Segment focus
      • Table LG Electronics Inc. - Key offerings
    • Samsung Electronics Co. Ltd.
      • Table Samsung Electronics Co. Ltd. - Vendor overview
      • Table Samsung Electronics Co. Ltd. - Business segments
      • Table Samsung Electronics Co. Ltd. - Organizational developments
      • Table Samsung Electronics Co. Ltd. - Geographic focus
      • Table Samsung Electronics Co. Ltd. - Segment focus
      • Table Samsung Electronics Co. Ltd. - Key offerings
    • Tianma Micro-electronics Co. Ltd.
      • Table Tianma Micro-electronics Co. Ltd. - Vendor overview
      • Table Tianma Micro-electronics Co. Ltd. - Organizational developments
      • Table Tianma Micro-electronics Co. Ltd. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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