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Organic LED Market by Product Type (Display, Lighting), Technology (Passive-Matrix OLED (PMOLED), Active-Matrix OLED (AMOLED), Transparent OLED, Top-Emitting OLED, White OLED), Application (Television and Monitors, Smartphones, Laptops and Tablets, Automotive, and Others), End Use Sector (Commercial, Residential, Industrial), and Region 2024-2032

April 2024 | 138 pages | ID: OE8B7B4B5B9FEN
IMARC Group

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The global organic LED market size reached US$ 54.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 257.8 Billion by 2032, exhibiting a growth rate (CAGR) of 18.19% during 2024-2032. The shifting preference of consumers towards AMOLED displays, continual advancements in OLED technology, and the emerging trend of switching toward eco-friendly lighting solutions represent some of the key factors driving the market.

An organic light-emitting diode (OLED) refers to a flat light-emitting diode that offers superior power efficiency and brightness when compared to fluorescent tubes and incandescent bulbs. OLEDs are one of the most promising illumination technologies since their panels are made from organic materials that are energy efficient. The technology was developed by placing thin organic films between two conductors in order for the organic molecules to produce light. The benefits of OLEDs include wide viewing angles, improved contrast ratios, fast response times, and more saturated colors for enhanced viewing experiences. In comparison to LCDs, OLED panels are thinner, brighter, more transparent, lighter, and use lesser energy. As a result, OLEDs are extensively utilized in various devices, such as TV screens, computer monitors, smartphones, and handheld gaming consoles, to create flexible digital displays and lighting.

The shifting preference of consumers towards AMOLED displays from LCDs is one of the key factors driving the growth of the market. This can be attributed to the escalating demand for better visual experiences from television and smartphones. Also, the widespread adoption of various smart devices, including televisions, laptops, smartphones and tablets, is also acting as a significant growth-inducing factor for the market. Moreover, the augmenting uptake of high-quality OLED displays, such as HUDs, central stack displays and instrument clusters, in luxury cars, along with the rising sales of automobiles, is fueling the market. In addition to this, the rising investments by the major market players for the expansion of OLED display panel manufacturing facilities are providing an impetus to the market. Besides this, continual advancements in OLED technology, such as retina display technology and micro-LEDs, are creating lucrative growth opportunities. Furthermore, considerable growth in the semiconductor industry resulting in the reduction of raw material costs is impacting the market positively. The market is further propelled by the emerging trend of switching toward eco-friendly lighting solutions as well as smart lighting systems from their conventional counterparts among the masses. Some of the other factors creating a positive market outlook include rapid urbanization, a significant increase in various infrastructural development projects, and extensive research and development (R&D) activities conducted by key players.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the global organic LED market, along with forecasts at the global, regional, and country level from 2024-2032. Our report has categorized the market based on product type, technology, application, and end use sector.

Product Type Insights

Display
Lighting

The report has provided a detailed breakup and analysis of the organic LED market based on the product type. This includes display and lighting. According to the report, display represented the largest segment.

Technology Insights

Passive-Matrix OLED (PMOLED)
Active-Matrix OLED (AMOLED)
Transparent OLED
Top-Emitting OLED
White OLED

The report has provided a detailed breakup and analysis of the organic LED market based on the technology. This includes passive-matrix, active-matrix, transparent, top-emitting and white OLEDs, wherein Passive-Matrix OLED (PMOLED) exhibited a clear dominance in the market.

Application Insights

Television and Monitors
Smartphones
Laptops and Tablets
Automotive
Others

The report has provided a detailed breakup and analysis of the organic LED market based on the application. This includes television and monitors, smartphones, laptops and tablets, automotive, and others. According to the report, television and monitors represented the largest segment.

End Use Sector Insights

Commercial
Residential
Industrial

A detailed breakup and analysis of the organic LED market based on the end use sector has also been provided in the report. This includes commercial, residential, and industrial. According to the report, residential sector accounted for the largest market share.

Regional Insights

North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for organic LEDs. Some of the factors driving the Asia Pacific organic LED market include rapid urbanization, inflating disposable income levels, considerable growth in the semiconductor industry, continual advancements in OLED technology, expanding number of OLED display panel manufacturing facilities, etc.

Competitive Landscape
The report has also provided a comprehensive analysis of the competitive landscape in the global organic LED market. Detailed profiles of all major companies have also been provided. Some of the companies covered include AUO Corporation, DuPont de Nemours Inc., Futaba Corporation, LG Electronics Inc. (LG Corporation), OLEDWorks, Osram Licht AG (ams AG), Panasonic Holdings Corporation, RITEK Corporation, Samsung Electronics Co. Ltd. (Samsung Group), Sony Group Corporation, Toshiba Corporation, Universal Display Corporation, Visionox Technology Inc, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report:
How has the global organic LED market performed so far and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the global organic LED market?
What are the key regional markets?
Which countries represent the most attractive organic LED markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the technology?
What is the breakup of the market based on application?
What is the breakup of the market based on end use sector?
What is the competitive structure of the global organic LED market?
Who are the key players/companies in the global organic LED market?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
  2.3.1 Primary Sources
  2.3.2 Secondary Sources
2.4 Market Estimation
  2.4.1 Bottom-Up Approach
  2.4.2 Top-Down Approach
2.5 Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1 Overview
4.2 Key Industry Trends

5 GLOBAL ORGANIC LED MARKET

5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast

6 MARKET BREAKUP BY PRODUCT TYPE

6.1 Display
  6.1.1 Market Trends
  6.1.2 Market Forecast
6.2 Lighting
  6.2.1 Market Trends
  6.2.2 Market Forecast

7 MARKET BREAKUP BY TECHNOLOGY

7.1 Passive-Matrix OLED (PMOLED)
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2 Active-Matrix OLED (AMOLED)
  7.2.1 Market Trends
  7.2.2 Market Forecast
7.3 Transparent OLED
  7.3.1 Market Trends
  7.3.2 Market Forecast
7.4 Top-Emitting OLED
  7.4.1 Market Trends
  7.4.2 Market Forecast
7.5 White OLED
  7.5.1 Market Trends
  7.5.2 Market Forecast

8 MARKET BREAKUP BY APPLICATION

8.1 Television and Monitors
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2 Smartphones
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3 Laptops and Tablets
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4 Automotive
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5 Others
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 MARKET BREAKUP BY END USE SECTOR

9.1 Commercial
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2 Residential
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3 Industrial
  9.3.1 Market Trends
  9.3.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1 North America
  10.1.1 United States
    10.1.1.1 Market Trends
    10.1.1.2 Market Forecast
  10.1.2 Canada
    10.1.2.1 Market Trends
    10.1.2.2 Market Forecast
10.2 Asia-Pacific
  10.2.1 China
    10.2.1.1 Market Trends
    10.2.1.2 Market Forecast
  10.2.2 Japan
    10.2.2.1 Market Trends
    10.2.2.2 Market Forecast
  10.2.3 India
    10.2.3.1 Market Trends
    10.2.3.2 Market Forecast
  10.2.4 South Korea
    10.2.4.1 Market Trends
    10.2.4.2 Market Forecast
  10.2.5 Australia
    10.2.5.1 Market Trends
    10.2.5.2 Market Forecast
  10.2.6 Indonesia
    10.2.6.1 Market Trends
    10.2.6.2 Market Forecast
  10.2.7 Others
    10.2.7.1 Market Trends
    10.2.7.2 Market Forecast
10.3 Europe
  10.3.1 Germany
    10.3.1.1 Market Trends
    10.3.1.2 Market Forecast
  10.3.2 France
    10.3.2.1 Market Trends
    10.3.2.2 Market Forecast
  10.3.3 United Kingdom
    10.3.3.1 Market Trends
    10.3.3.2 Market Forecast
  10.3.4 Italy
    10.3.4.1 Market Trends
    10.3.4.2 Market Forecast
  10.3.5 Spain
    10.3.5.1 Market Trends
    10.3.5.2 Market Forecast
  10.3.6 Russia
    10.3.6.1 Market Trends
    10.3.6.2 Market Forecast
  10.3.7 Others
    10.3.7.1 Market Trends
    10.3.7.2 Market Forecast
10.4 Latin America
  10.4.1 Brazil
    10.4.1.1 Market Trends
    10.4.1.2 Market Forecast
  10.4.2 Mexico
    10.4.2.1 Market Trends
    10.4.2.2 Market Forecast
  10.4.3 Others
    10.4.3.1 Market Trends
    10.4.3.2 Market Forecast
10.5 Middle East and Africa
  10.5.1 Market Trends
  10.5.2 Market Breakup by Country
  10.5.3 Market Forecast

11 DRIVERS, RESTRAINTS, AND OPPORTUNITIES

11.1 Overview
11.2 Drivers
11.3 Restraints
11.4 Opportunities

12 VALUE CHAIN ANALYSIS

13 PORTERS FIVE FORCES ANALYSIS

13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes

14 PRICE ANALYSIS

15 COMPETITIVE LANDSCAPE

15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
  15.3.1 AUO Corporation
    15.3.1.1 Company Overview
    15.3.1.2 Product Portfolio
    15.3.1.3 Financials
    15.3.1.4 SWOT Analysis
  15.3.2 DuPont de Nemours Inc.
    15.3.2.1 Company Overview
    15.3.2.2 Product Portfolio
    15.3.2.3 Financials
    15.3.2.4 SWOT Analysis
  15.3.3 Futaba Corporation
    15.3.3.1 Company Overview
    15.3.3.2 Product Portfolio
    15.3.3.3 Financials
  15.3.4 LG Electronics Inc. (LG Corporation)
    15.3.4.1 Company Overview
    15.3.4.2 Product Portfolio
    15.3.4.3 Financials
    15.3.4.4 SWOT Analysis
  15.3.5 OLEDWorks
    15.3.5.1 Company Overview
    15.3.5.2 Product Portfolio
  15.3.6 Osram Licht AG (ams AG)
    15.3.6.1 Company Overview
    15.3.6.2 Product Portfolio
    15.3.6.3 Financials
  15.3.7 Panasonic Holdings Corporation
    15.3.7.1 Company Overview
    15.3.7.2 Product Portfolio
    15.3.7.3 Financials
    15.3.7.4 SWOT Analysis
  15.3.8 RITEK Corporation
    15.3.8.1 Company Overview
    15.3.8.2 Product Portfolio
    15.3.8.3 Financials
  15.3.9 Samsung Electronics Co. Ltd. (Samsung Group)
    15.3.9.1 Company Overview
    15.3.9.2 Product Portfolio
    15.3.9.3 Financials
    15.3.9.4 SWOT Analysis
  15.3.10 Sony Group Corporation
    15.3.10.1 Company Overview
    15.3.10.2 Product Portfolio
    15.3.10.3 Financials
    15.3.10.4 SWOT Analysis
  15.3.11 Toshiba Corporation
    15.3.11.1 Company Overview
    15.3.11.2 Product Portfolio
    15.3.11.3 Financials
    15.3.11.4 SWOT Analysis
  15.3.12 Universal Display Corporation
    15.3.12.1 Company Overview
    15.3.12.2 Product Portfolio
    15.3.12.3 Financials
  15.3.13 Visionox Technology Inc
    15.3.13.1 Company Overview
    15.3.13.2 Product Portfolio
    15.3.13.3 Financials
Kindly, note that this only represents a partial list of companies, and the complete list has been provided in the report.

LIST OF TABLES

Table 1: Global: Organic LED Market: Key Industry Highlights, 2023 & 2032
Table 2: Global: Organic LED Market Forecast: Breakup by Product Type (in Million US$), 2024-2032
Table 3: Global: Organic LED Market Forecast: Breakup by Technology (in Million US$), 2024-2032
Table 4: Global: Organic LED Market Forecast: Breakup by Application (in Million US$), 2024-2032
Table 5: Global: Organic LED Market Forecast: Breakup by End Use Sector (in Million US$), 2024-2032
Table 6: Global: Organic LED Market Forecast: Breakup by Region (in Million US$), 2024-2032
Table 7: Global: Organic LED Market: Competitive Structure
Table 8: Global: Organic LED Market: Key Players

LIST OF FIGURES

Figure 1: Global: Organic LED Market: Major Drivers and Challenges
Figure 2: Global: Organic LED Market: Sales Value (in Billion US$), 2018-2023
Figure 3: Global: Organic LED Market Forecast: Sales Value (in Billion US$), 2024-2032
Figure 4: Global: Organic LED Market: Breakup by Product Type (in %), 2023
Figure 5: Global: Organic LED Market: Breakup by Technology (in %), 2023
Figure 6: Global: Organic LED Market: Breakup by Application (in %), 2023
Figure 7: Global: Organic LED Market: Breakup by End Use Sector (in %), 2023
Figure 8: Global: Organic LED Market: Breakup by Region (in %), 2023
Figure 9: Global: Organic LED (Display) Market: Sales Value (in Million US$), 2018 & 2023
Figure 10: Global: Organic LED (Display) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 11: Global: Organic LED (Lighting) Market: Sales Value (in Million US$), 2018 & 2023
Figure 12: Global: Organic LED (Lighting) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 13: Global: Organic LED (Passive-Matrix OLED (PMOLED)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 14: Global: Organic LED (Passive-Matrix OLED (PMOLED)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 15: Global: Organic LED (Active-Matrix OLED (AMOLED)) Market: Sales Value (in Million US$), 2018 & 2023
Figure 16: Global: Organic LED (Active-Matrix OLED (AMOLED)) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 17: Global: Organic LED (Transparent OLED) Market: Sales Value (in Million US$), 2018 & 2023
Figure 18: Global: Organic LED (Transparent OLED) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 19: Global: Organic LED (Top-Emitting OLED) Market: Sales Value (in Million US$), 2018 & 2023
Figure 20: Global: Organic LED (Top-Emitting OLED) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 21: Global: Organic LED (White OLED) Market: Sales Value (in Million US$), 2018 & 2023
Figure 22: Global: Organic LED (White OLED) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 23: Global: Organic LED (Television and Monitors) Market: Sales Value (in Million US$), 2018 & 2023
Figure 24: Global: Organic LED (Television and Monitors) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 25: Global: Organic LED (Smartphones) Market: Sales Value (in Million US$), 2018 & 2023
Figure 26: Global: Organic LED (Smartphones) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 27: Global: Organic LED (Laptops and Tablets) Market: Sales Value (in Million US$), 2018 & 2023
Figure 28: Global: Organic LED (Laptops and Tablets) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 29: Global: Organic LED (Automotive) Market: Sales Value (in Million US$), 2018 & 2023
Figure 30: Global: Organic LED (Automotive) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 31: Global: Organic LED (Other Applications) Market: Sales Value (in Million US$), 2018 & 2023
Figure 32: Global: Organic LED (Other Applications) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 33: Global: Organic LED (Commercial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 34: Global: Organic LED (Commercial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 35: Global: Organic LED (Residential) Market: Sales Value (in Million US$), 2018 & 2023
Figure 36: Global: Organic LED (Residential) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 37: Global: Organic LED (Industrial) Market: Sales Value (in Million US$), 2018 & 2023
Figure 38: Global: Organic LED (Industrial) Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 39: North America: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 40: North America: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 41: United States: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 42: United States: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 43: Canada: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 44: Canada: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 45: Asia-Pacific: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 46: Asia-Pacific: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 47: China: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 48: China: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 49: Japan: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 50: Japan: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 51: India: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 52: India: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 53: South Korea: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 54: South Korea: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 55: Australia: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 56: Australia: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 57: Indonesia: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 58: Indonesia: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 59: Others: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 60: Others: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 61: Europe: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 62: Europe: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 63: Germany: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 64: Germany: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 65: France: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 66: France: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 67: United Kingdom: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 68: United Kingdom: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 69: Italy: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 70: Italy: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 71: Spain: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 72: Spain: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 73: Russia: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 74: Russia: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 75: Others: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 76: Others: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 77: Latin America: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 78: Latin America: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 79: Brazil: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 80: Brazil: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 81: Mexico: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 82: Mexico: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 83: Others: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 84: Others: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 85: Middle East and Africa: Organic LED Market: Sales Value (in Million US$), 2018 & 2023
Figure 86: Middle East and Africa: Organic LED Market: Breakup by Country (in %), 2023
Figure 87: Middle East and Africa: Organic LED Market Forecast: Sales Value (in Million US$), 2024-2032
Figure 88: Global: Organic LED Industry: Drivers, Restraints, and Opportunities
Figure 89: Global: Organic LED Industry: Value Chain Analysis
Figure 90: Global: Organic LED Industry: Porter's Five Forces Analysis


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