Market Overview:
Micro OLED is a display technology that uses very small organic light emitting diodes (OLEDs) to create displays. These displays are typically less than 1 inch on each side, and can be used in a variety of applications, including intelligent water meters, electronic measure equipment medical facilities telecom equipment smart wearable devices point-of-sale machines and others. The global micro OLED market is expected to grow at a compound annual growth rate (CAGR) of 27.5% from 2018 to 2030.
Product Definition:
Micro OLED is an emerging technology that refers to the use of OLED displays in small, portable devices. Due to its small size and low power requirements, micro OLED displays are perfect for wearable electronics and other portable devices.
Graphic Display:
graphic display is a technology that enhances the image quality and aesthetic appeal of electronic devices by creating images with the help of text or graphics. It's used in various applications such as mobile phones, digital cameras, e-readers, etc. Micro OLED has many advantages over traditional LCDs; it’s smaller in size & lighter in weight which helps to reduce energy consumption and increase battery life.
Character Display:
Character display is a method to show information and text in the form of individual pixels or symbols on an OLED screen. It can be used for various applications such as product promotion, brand advertisement, status update etc. The size of the character display can vary from 1 pixel up to 64 pixels depending upon the requirement.
Application Insights:
The telecom equipment segment accounted for the largest revenue share in 2017 and is projected to continue leading over the forecast period. The growing demand for wearable devices, such as fitness trackers, smartwatches, and health monitoring systems is expected to drive the growth of this segment. Furthermore, increasing use of flexible displays in communication devices including smartphones will further fuel market growth during the forecast period.
The medical facility application segment was valued at USD 281.0 million in 2017 owing to rising product adoption across hospitals and diagnostic centers worldwide due to their lightweight characteristics that aid easy handling along with high visibility features required by healthcare professionals globally. In addition, these panels offer a wide range of color options that can be changed according to specific needs which aids its versatility in various applications across medical facilities worldwide without having any impact on energy consumption or resources required for its implementation which is expected fuel market demand over the coming years.
Regional Analysis:
Asia Pacific region is expected to emerge as the fastest-growing regional market over the forecast period. The growth can be attributed to increasing product penetration and rising demand for cost-effective, high-performance devices from various end users such as consumer electronics, medical & healthcare, industrial & transportation equipment, and others.
The Asia Pacific regional market is characterized by a large number of local vendors that are offering their products at relatively lower prices compared to those offered by global players in developed regions. This trend will continue over the next eight years due to several factors such as low labor costs in countries like China and Taiwan along with easy access to capital for R&D activities.
Growth Factors:
- Increasing demand for miniaturization in portable electronics
- Rising demand for OLED displays in automotive applications
- Growing adoption of Micro OLED technology in medical devices and sensors
- Proliferation of wearable electronics and the Internet of Things (IoT)
- Advances in manufacturing technologies that reduce production costs
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro OLED Market Research Report
By Type
Graphic Display, Character Display
By Application
Intelligent Water Meter, Electronic Measure, Medical Facility, Telecom Equipment, Smart Wearable Device, POS Machine, Others
By Companies
BOE, Sony Semiconductor Solutions Corporation, Panox Electronics Co.,Ltd., Seiko Epson Corporation., US Micro Products, WINSTAR Display Co., Ltd., Raystar Optronics., Inc., SparkFun Electronics, Shenzhen Enrich Electronics Co.,Ltd, Shenzhen Ok Smart-Lcm Photoelectric Co., Ltd., Samsung
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
186
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Micro OLED Market Report Segments:
The global Micro OLED market is segmented on the basis of:
Types
Graphic Display, Character Display
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Intelligent Water Meter, Electronic Measure, Medical Facility, Telecom Equipment, Smart Wearable Device, POS Machine, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BOE
- Sony Semiconductor Solutions Corporation
- Panox Electronics Co.,Ltd.
- Seiko Epson Corporation.
- US Micro Products
- WINSTAR Display Co., Ltd.
- Raystar Optronics., Inc.
- SparkFun Electronics
- Shenzhen Enrich Electronics Co.,Ltd
- Shenzhen Ok Smart-Lcm Photoelectric Co., Ltd.
- Samsung
Highlights of The Micro OLED Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Graphic Display
- Character Display
- By Application:
- Intelligent Water Meter
- Electronic Measure
- Medical Facility
- Telecom Equipment
- Smart Wearable Device
- POS Machine
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro OLED Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Micro OLED is a type of OLED display that has a smaller size than traditional OLED displays. This makes it more efficient and easier to produce, which could make it more popular in the future.
Some of the key players operating in the micro oled market are BOE, Sony Semiconductor Solutions Corporation, Panox Electronics Co.,Ltd., Seiko Epson Corporation., US Micro Products, WINSTAR Display Co., Ltd., Raystar Optronics., Inc., SparkFun Electronics, Shenzhen Enrich Electronics Co.,Ltd, Shenzhen Ok Smart-Lcm Photoelectric Co., Ltd., Samsung.
The micro oled market is expected to register a CAGR of 27.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro OLED Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Micro OLED Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Micro OLED Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Micro OLED Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Micro OLED Market Size & Forecast, 2020-2028 4.5.1 Micro OLED Market Size and Y-o-Y Growth 4.5.2 Micro OLED Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Graphic Display
5.2.2 Character Display
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Intelligent Water Meter
6.2.2 Electronic Measure
6.2.3 Medical Facility
6.2.4 Telecom Equipment
6.2.5 Smart Wearable Device
6.2.6 POS Machine
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro OLED Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro OLED Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Graphic Display
9.6.2 Character Display
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Intelligent Water Meter
9.10.2 Electronic Measure
9.10.3 Medical Facility
9.10.4 Telecom Equipment
9.10.5 Smart Wearable Device
9.10.6 POS Machine
9.10.7 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Graphic Display
10.6.2 Character Display
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Intelligent Water Meter
10.10.2 Electronic Measure
10.10.3 Medical Facility
10.10.4 Telecom Equipment
10.10.5 Smart Wearable Device
10.10.6 POS Machine
10.10.7 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Graphic Display
11.6.2 Character Display
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Intelligent Water Meter
11.10.2 Electronic Measure
11.10.3 Medical Facility
11.10.4 Telecom Equipment
11.10.5 Smart Wearable Device
11.10.6 POS Machine
11.10.7 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Graphic Display
12.6.2 Character Display
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Intelligent Water Meter
12.10.2 Electronic Measure
12.10.3 Medical Facility
12.10.4 Telecom Equipment
12.10.5 Smart Wearable Device
12.10.6 POS Machine
12.10.7 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Graphic Display
13.6.2 Character Display
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Intelligent Water Meter
13.10.2 Electronic Measure
13.10.3 Medical Facility
13.10.4 Telecom Equipment
13.10.5 Smart Wearable Device
13.10.6 POS Machine
13.10.7 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro OLED Market: Competitive Dashboard
14.2 Global Micro OLED Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BOE
14.3.2 Sony Semiconductor Solutions Corporation
14.3.3 Panox Electronics Co.,Ltd.
14.3.4 Seiko Epson Corporation.
14.3.5 US Micro Products
14.3.6 WINSTAR Display Co., Ltd.
14.3.7 Raystar Optronics., Inc.
14.3.8 SparkFun Electronics
14.3.9 Shenzhen Enrich Electronics Co.,Ltd
14.3.10 Shenzhen Ok Smart-Lcm Photoelectric Co., Ltd.
14.3.11 Samsung