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OLED Market was worth US$ 41.27 Bn. in 2023 and total revenue is expected to grow at a rate of 13.9 % CAGR from 2024 to 2030, the OLED Market is reaching almost US$ 102.65 Bn. in 2030.
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OLED Marketglobal Analysis Report 2025-230 Published by: Priti, Healthcare
Market Size & Overview: The global OLED market was valued at approximately USD 41.27 billion in 2023 and is projected to reach around USD 102.65 billion by 2030, growing at a CAGR of 13.9% during the forecast period. OLED technology is widely used in various applications, including smartphones, wearables, laptops, and televisions, due to its advantages such as high brightness, low power consumption, and superior contrast ratios.
Market Growth & Opportunities The rapid advancement of OLED technology has led to the development of flexible, lightweight, and durable devices, enhancing portability and user experience. Governments worldwide are promoting the adoption of OLED lighting to reduce energy consumption and carbon emissions, providing further growth opportunities. For instance, the German government offers subsidies to municipalities for replacing old street lighting with OLED technology. Sample Request
Market Segmentation • by Technology • AMOLED (Active-Martix OLED) • PMOLED (Passive-Matrix OLED) • By Material • WOLED Materials (White OLED) • FMM RGB Materials • AMOLED Materials • by Application • Smartphone • Laptop & Pc Monitor • Single/large Format Display • Tablets • Smart Watch • Vehicle & Public Transport • Television • Others
Regional Analysis: • North America: The region is experiencing significant growth in the OLED market, driven by the advanced automotive sector and high technology adoption rates. The market was valued at approximately USD 1.35 billion in 2023 and is projected to reach USD 7.0 billion by 2032. • Europe: Europe is witnessing increased demand for high-performance OLED displays in vehicles, with the market expected to grow from USD 1.2 billion in 2023 to USD 6.0 billion by 2032. • Asia-Pacific (APAC): APAC dominates the OLED market due to the presence of major automotive manufacturers and electronics companies. The market was valued at USD 1.7 billion in 2023 and is anticipated to reach USD 9.0 billion by 2032
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Merges and Acquisition • Universal Display and Wuhan China Star Optoelectronics: In May 2020, they signed a new OLED technology license agreement and supplemental material purchase agreement, with Universal Display supplying phosphorescent OLED materials for display products. • Tianma: In May 2020, Tianma initiated its 6th-generation flexible AMOLED production line project, investing RMB 48 billion to expand its OLED manufacturing capabilities. • Samsung Display: In September 2024, Samsung Display Co. announced plans to invest $1.8 billion in a new factory in northern Vietnam to produce OLED displays for automobiles and technology equipment, increasing its total investment in the region Buy This Report
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