Market Overview:
The global OLED luminaires market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for energy-efficient lighting solutions and the growing trend of using OLED luminaires in residential and commercial applications. The global OLED luminaires market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into white OLED, flexible OLED, transparent OLED, and other types. The white LED segment is expected to hold a major share in terms of revenue in 2018 owing to its high efficiency and low cost as compared to other types of LED lights. However, transparent LED lights are witnessing high growth due their ability to emit light through thin surfaces such as glass windows or doors without compromising transparency levels. They are also being increasingly used for backlighting purposes in displays such as televisions and smartphones. On the basis of application, the global OLDE luminaire market is divided into residential applications and commercial applications segments.
Product Definition:
Organic light-emitting diode (OLED) luminaires are lighting fixtures that use OLEDs to generate light. OLEDs are made of organic materials, so they are more environmentally friendly than traditional light sources. They also produce a higher quality of light, making them ideal for use in residential and commercial applications.
White OLED:
White OLED (WOLED) is a type of Organic Light Emitting Diode (OLED) display technology that produces light with the appearance of white color. It is also known as cold-cathode fluorescent lamp in some regions. The major advantage of this technology over conventional LCD and LED displays is its ability to deliver high contrast ratio, better viewing angle, and low energy consumption.
Flexible OLED:
Flexible OLED is a new technology that allows for the construction of large-size flexible displays. It has potential applications in lighting as well as electronic devices. The development of flexible organic light-emitting diode (OLED) display is still in its nascent stage; thus, it does not possess any commercial applications at present. However, with continuous research and development efforts, the technology is expected to mature over the forecast period and exhibit a high growth rate from 2018 to 2025.
Application Insights:
The commercial segment held the largest share of exceeding 70.0% in 2017. The growing adoption of OLED products in various commercial applications such as retail stores, museums, hotels and others is expected to drive the demand for the product over the forecast period. Moreover, increasing investments by companies such as Samsung and LG are expected to boost industry growth over the coming years. For instance, in April 2018, SAMSUNG announced about its new flexible OLED display production line with a capacity of one million units per year at its factory in Vietnam which will help expand market reach for flexible displays across Asia Pacific region.
Residential application is projected to be fastest-growing segment owing to rising consumer preference for energy-efficient lighting solutions coupled with government initiatives aimed at improving residential infrastructure across various countries worldwide including China India Japan Mexico United States South Africa Australia Indonesia Malaysia Philippines Russia Saudi Arabia Singapore Thailand Turkey UAE).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a revenue share of more than 45% in 2017 owing to high demand from countries such as China, Japan, South Korea, and India. Rising adoption of innovative technologies coupled with growing commercial construction activities is projected to drive regional growth over the forecast period.
The Asia Pacific market was followed by Europe that accounted for more than 25% of the total revenue share in 2017 owing to rising product demand from countries such as Germany, France, Italy, Spain Russia among others due to their aesthetically appealing designs along with superior performance characteristics compared to other conventional lighting solutions available in the market. Moreover increasing R&D activities relatedto OLED technology are driving industry growth across this region which will further boost product penetration across various applications including retail stores/shops/offices etc.
Growth Factors:
- Increasing demand for OLED luminaires from the automotive sector on account of their low power consumption and high efficiency.
- Rising demand for OLED luminaires in the signage and advertising industry as they offer better picture quality as compared to traditional light sources.
- Growing popularity of OLED luminaires in the residential sector due to their sleek design, low heat emission, and long life span.
- Increasing adoption of OLED luminaires in commercial applications such as hotels, restaurants, and retail stores on account of their energy-efficiency and superior performance characteristics.
Scope Of The Report
Report Attributes
Report Details
Report Title
OLED luminaires Market Research Report
By Type
White OLED, Flexible OLED, Transparent OLED, Other
By Application
Residential, Commercial
By Companies
Philips Lighting, Osram, GE Lighting, Trilux
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
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global OLED luminaires Market Report Segments:
The global OLED luminaires market is segmented on the basis of:
Types
White OLED, Flexible OLED, Transparent OLED, Other
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, Commercial
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:
- Philips Lighting
- Osram
- GE Lighting
- Trilux
Highlights of The OLED luminaires 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:
- White OLED
- Flexible OLED
- Transparent OLED
- Other
- By Application:
- Residential
- Commercial
- 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 OLED luminaires 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?
OLED luminaires are a type of lighting that uses organic light emitting diodes (OLEDs). OLEDs offer many benefits over traditional light sources, including high efficiency and low energy consumption. They also have a long lifespan and can be easily replaced.
Some of the key players operating in the oled luminaires market are Philips Lighting, Osram, GE Lighting, Trilux.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. OLED luminaires Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. OLED luminaires Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. OLED luminaires Market - Supply Chain
4.5. Global OLED luminaires Market Forecast
4.5.1. OLED luminaires Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. OLED luminaires Market Size (000 Units) and Y-o-Y Growth
4.5.3. OLED luminaires Market Absolute $ Opportunity
5. Global OLED luminaires Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. OLED luminaires Market Size and Volume Forecast by Type
5.3.1. White OLED
5.3.2. Flexible OLED
5.3.3. Transparent OLED
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global OLED luminaires Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. OLED luminaires Market Size and Volume Forecast by Application
6.3.1. Residential
6.3.2. Commercial
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global OLED luminaires Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. OLED luminaires Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global OLED luminaires Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. OLED luminaires Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global OLED luminaires Demand Share Forecast, 2019-2026
9. North America OLED luminaires Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America OLED luminaires Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America OLED luminaires Market Size and Volume Forecast by Application
9.4.1. Residential
9.4.2. Commercial
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America OLED luminaires Market Size and Volume Forecast by Type
9.7.1. White OLED
9.7.2. Flexible OLED
9.7.3. Transparent OLED
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America OLED luminaires Demand Share Forecast, 2019-2026
10. Latin America OLED luminaires Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America OLED luminaires Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America OLED luminaires Market Size and Volume Forecast by Application
10.4.1. Residential
10.4.2. Commercial
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America OLED luminaires Market Size and Volume Forecast by Type
10.7.1. White OLED
10.7.2. Flexible OLED
10.7.3. Transparent OLED
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America OLED luminaires Demand Share Forecast, 2019-2026
11. Europe OLED luminaires Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe OLED luminaires Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe OLED luminaires Market Size and Volume Forecast by Application
11.4.1. Residential
11.4.2. Commercial
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe OLED luminaires Market Size and Volume Forecast by Type
11.7.1. White OLED
11.7.2. Flexible OLED
11.7.3. Transparent OLED
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe OLED luminaires Demand Share, 2019-2026
12. Asia Pacific OLED luminaires Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific OLED luminaires Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific OLED luminaires Market Size and Volume Forecast by Application
12.4.1. Residential
12.4.2. Commercial
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific OLED luminaires Market Size and Volume Forecast by Type
12.7.1. White OLED
12.7.2. Flexible OLED
12.7.3. Transparent OLED
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific OLED luminaires Demand Share, 2019-2026
13. Middle East & Africa OLED luminaires Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa OLED luminaires Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa OLED luminaires Market Size and Volume Forecast by Application
13.4.1. Residential
13.4.2. Commercial
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa OLED luminaires Market Size and Volume Forecast by Type
13.7.1. White OLED
13.7.2. Flexible OLED
13.7.3. Transparent OLED
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa OLED luminaires Demand Share, 2019-2026
14. Competition Landscape
14.1. Global OLED luminaires Market: Market Share Analysis
14.2. OLED luminaires Distributors and Customers
14.3. OLED luminaires Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Philips Lighting
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Osram
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. GE Lighting
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Trilux
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
