Market Overview:
The global organic light emitting diodes (OLED) market is expected to grow at a CAGR of 16.5% from 2018 to 2030. The growth of the OLED market is mainly attributed to the increasing demand for energy-efficient and eco-friendly lighting solutions, technological advancements in the OLED technology, and rising demand for OLED displays in consumer electronics products. The global OLED market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hole transport layer materials (HTL), electron transport layer materials (ETL), electrode materials, emissive layer materials (EML), and other types. HTL held a major share of the global OLED market in 2017 owing to its high efficiency and low manufacturing cost as compared to other types of OLEDs. On the basis of application,the global OLDEmarketis divided into residential lighting, commercial & office lighting,, outdoor lighting,, automotive lighting,, display,,and other applications segments.Ontherbasisofregion,.
Product Definition:
Organic Light-Emitting Diodes (OLEDs) are a type of Light-Emitting Diode (LED) that uses organic materials to produce light. OLEDs have several advantages over traditional LEDs, including better color saturation, faster response times, and the ability to be made transparent. They are also flexible which could lead to a variety of applications such as curved displays and wearable electronics.
Hole Transport Layer Materials (HTL):
The Hole Transport Layer Materials (HTL) is a key component in the manufacturing of Organic Light Emitting Diodes (OLEDs). It is responsible for transporting holes from an electron-hole pair to the anode and then back to the cathode. The material composition of HTL has a huge impact on its properties, such as conductivity, transparency, flexibility in size and shape, resistance to wear & tear along with energy efficiency.
Electron Transport Layer Materials (ETL):
Electron Transport Layer Materials (ETL) is a material that allows electron flow between an emitter and an acceptor. It also provides the necessary conduction band gap for organic light-emitting diodes. The layer forms a part of the photovoltaic cell, which includes electrodes, interconnects, and ETL materials.
Application Insights:
The demand for the product is expected to increase in outdoor lighting applications as they can provide visibility in low light conditions. The growth of the commercial and office sectors, especially in developing countries, will drive the segment over the forecast period. The residential sector is also likely to witness significant growth owing to increasing urbanization and government initiatives regarding energy conservation.
The development of smart cities project by various governments across different regions is further anticipated to boost product demand for streetlight applications during 2018-2030 period. Organic LEDs are used as backlighting solutions for flat panel displays on computers, smartphones, tablets and televisions which drives its demand globally.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising demand from countries such as Japan, South Korea, China, and India. Rising disposable income coupled with growing population has led to an increase in commercial construction activities across these countries which will further drive product demand.
Moreover, increasing government initiatives towards infrastructure development will boost industry expansion over the next eight years. For instance; In March 2018; Government of India announced ‘Pradhan Mantri Jio Prime Minister Lighting Programme’ worth USD X million for rural areas and USD X billion for urban areas under Saubhagya Yojana (Electrification) scheme wherein LEDs are used instead of conventional lighting systems thereby boosting market growth across this region during the forecast period.
Growth Factors:
- Increasing demand for OLED displays in consumer electronics
- Rising demand for OLED lighting in automotive and architectural applications
- Growing adoption of OLEDs in medical devices and healthcare sector
- Proliferation of flexible OLED displays and panels
- Advances in manufacturing technologies for large-scale production of OLEDs
Scope Of The Report
Report Attributes
Report Details
Report Title
Organic Light Emitting Diodes Market Research Report
By Type
Hole Transport Layer Materials (HTL), Electron Transport Layer Materials (ETL), Electrode materials, Emissive Layer Materials (EML)
By Application
Residential lighting, Commercial and office lighting, Outdoor lighting, Automotive lighting, Display, Other
By Companies
Samsung, Universal Display, Kunshan Visionox Display, DLC Display, Pioneer, Sony, Philips, Acuity Brands, Seiko Epson, Innolux, Samsung, LG, OSRAM, RITEK
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Organic Light Emitting Diodes Market Report Segments:
The global Organic Light Emitting Diodes market is segmented on the basis of:
Types
Hole Transport Layer Materials (HTL), Electron Transport Layer Materials (ETL), Electrode materials, Emissive Layer Materials (EML)
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
Residential lighting, Commercial and office lighting, Outdoor lighting, Automotive lighting, Display, Other
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:
- Samsung
- Universal Display
- Kunshan Visionox Display
- DLC Display
- Pioneer
- Sony
- Philips
- Acuity Brands
- Seiko Epson
- Innolux
- Samsung
- LG
- OSRAM
- RITEK
Highlights of The Organic Light Emitting Diodes 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:
- Hole Transport Layer Materials (HTL)
- Electron Transport Layer Materials (ETL)
- Electrode materials
- Emissive Layer Materials (EML)
- By Application:
- Residential lighting
- Commercial and office lighting
- Outdoor lighting
- Automotive lighting
- Display
- Other
- 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 Organic Light Emitting Diodes 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Organic light emitting diodes are a type of LED that emits light through organic molecules. This makes them environmentally friendly, as they do not produce harmful emissions like traditional LEDs.
Some of the major players in the organic light emitting diodes market are Samsung, Universal Display, Kunshan Visionox Display, DLC Display, Pioneer, Sony, Philips, Acuity Brands, Seiko Epson, Innolux, Samsung, LG, OSRAM, RITEK.
The organic light emitting diodes market is expected to grow at a compound annual growth rate of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Organic Light Emitting Diodes 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 Organic Light Emitting Diodes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Organic Light Emitting Diodes 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 Organic Light Emitting Diodes 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 Organic Light Emitting Diodes Market Size & Forecast, 2020-2028
4.5.1 Organic Light Emitting Diodes Market Size and Y-o-Y Growth
4.5.2 Organic Light Emitting Diodes 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 Hole Transport Layer Materials (HTL)
5.2.2 Electron Transport Layer Materials (ETL)
5.2.3 Electrode materials
5.2.4 Emissive Layer Materials (EML)
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 Residential lighting
6.2.2 Commercial and office lighting
6.2.3 Outdoor lighting
6.2.4 Automotive lighting
6.2.5 Display
6.2.6 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Organic Light Emitting Diodes 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 Organic Light Emitting Diodes 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 Hole Transport Layer Materials (HTL)
9.6.2 Electron Transport Layer Materials (ETL)
9.6.3 Electrode materials
9.6.4 Emissive Layer Materials (EML)
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 Residential lighting
9.10.2 Commercial and office lighting
9.10.3 Outdoor lighting
9.10.4 Automotive lighting
9.10.5 Display
9.10.6 Other
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 Hole Transport Layer Materials (HTL)
10.6.2 Electron Transport Layer Materials (ETL)
10.6.3 Electrode materials
10.6.4 Emissive Layer Materials (EML)
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 Residential lighting
10.10.2 Commercial and office lighting
10.10.3 Outdoor lighting
10.10.4 Automotive lighting
10.10.5 Display
10.10.6 Other
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 Hole Transport Layer Materials (HTL)
11.6.2 Electron Transport Layer Materials (ETL)
11.6.3 Electrode materials
11.6.4 Emissive Layer Materials (EML)
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 Residential lighting
11.10.2 Commercial and office lighting
11.10.3 Outdoor lighting
11.10.4 Automotive lighting
11.10.5 Display
11.10.6 Other
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 Hole Transport Layer Materials (HTL)
12.6.2 Electron Transport Layer Materials (ETL)
12.6.3 Electrode materials
12.6.4 Emissive Layer Materials (EML)
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 Residential lighting
12.10.2 Commercial and office lighting
12.10.3 Outdoor lighting
12.10.4 Automotive lighting
12.10.5 Display
12.10.6 Other
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 Hole Transport Layer Materials (HTL)
13.6.2 Electron Transport Layer Materials (ETL)
13.6.3 Electrode materials
13.6.4 Emissive Layer Materials (EML)
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 Residential lighting
13.10.2 Commercial and office lighting
13.10.3 Outdoor lighting
13.10.4 Automotive lighting
13.10.5 Display
13.10.6 Other
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 Organic Light Emitting Diodes Market: Competitive Dashboard
14.2 Global Organic Light Emitting Diodes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Samsung
14.3.2 Universal Display
14.3.3 Kunshan Visionox Display
14.3.4 DLC Display
14.3.5 Pioneer
14.3.6 Sony
14.3.7 Philips
14.3.8 Acuity Brands
14.3.9 Seiko Epson
14.3.10 Innolux
14.3.11 Samsung
14.3.12 LG
14.3.13 OSRAM
14.3.14 RITEK
