Market Scope
Market Research Future (MRFR) asserts that by the end of 2023, the global LED and OLED display market 2020 can touch a tremendous valuation of 121 billion. The market can also expect to procure a CAGR of 24% between 2017 and 2023 (assessment period). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.
Growth Inducers and Key Deterrents
The report focuses on the long-term impact of COVID-19, with governments everywhere doing everything they can to deal with the current situation. They are implementing favorable initiatives and policies including lower interest rate, exceptions in tax and financial packages. While countries are struggling to find a COVID-19 breakthrough, the LED and OLED display market share can expect to gain impetus in the near future on account of the soaring demand for flexible display products.
Escalating use of LED and OLED displays in outdoor promotions and advertisements can be a critical growth booster in the global market. Appealing features such as environment friendly, energy efficiency, high durability and low operational cost lead to higher use of these displays among advertisers and marketers for promotional campaigns as well as advertisements. The surge in live concerts, corporate exhibitions and sport competitions also boosts the market growth speed worldwide.
The LED & OLED display market’s rapid growth can also be attributed to the mounting focus of end-users on energy conservation. With the rising penetration of LED and OLED technology in backlights of laptops, monitors and TVs, the market is observing higher investments by leading global manufacturers. Sensing the significant opportunities in the industry, more and more new vendors are gaining entry into the market, with more number of players expected to enter in the years ahead.
COVID-19 Analysis
The lockdown following the COVID-19 outbreak has led to an economic crisis that has hit various industries. While many business sectors have borne the brunt of the pandemic, the semiconductor industry has been the most impacted. Post the SARS-CoV-2 outbreak, various companies were faced with tough decisions, in terms of finance and cost-cutting measures to ensure uninterrupted flow of operations. The lockdown situation has been the short term impact that the novel coronavirus, affecting the manufacturing sectors and resulting in a plummeting demand among consumer electronics providers. The weak demand has had a domino effect throughout the semiconductor industry, with the drop in the prices. The COVID-19 outbreak and the resultant lockdown has led to shutting down of operations, as well as the e-commerce and retail stores, making the supply chains weak and creating a larger gap between supply and demand.
However, despite the COVID-19 impact on the market, the escalating applications of for LED and OLED display in consumer electronics, automotive, enterprise, healthcare, media & entertainment, and education can fortify the market position throughout the review period.
Get Free Sample Copy of Report @ https://www.marketresearchfuture.com/sample_request/1096
Regional Insight
The geographical dissection of the LED & OLED display market has been conducted for North America, APAC or Asia Pacific, Europe, and RoW or rest of the world.
The widespread uptake of LED and OLED displays in the consumer electronic industry has led to North America’s dominance in the global market. With widely recognized companies present in the region, frequent technical advancements and the consequent fall in the prices of LED and OLED displays also benefit the regional market to a large extent.
Increasing use of smartphones, tablets and other consumer electric products in Taiwan and China induces the growth of the LED & OLED display market in APAC. The infrastructural improvement along with the mounting number of sport events, especially in India also adds to the market strength in the region.
Market Segmentation
LED and OLED display industry has been considered for type, display type, display size, and end user.
The types covered in the study are active-matrix OLED (AMOLED), passive-matrix OLED (PMOLED), inorganic OLED, high brightness LED and organic LED (OLED).
The types of displays considered in the report are flat panel display, transparent panel display as well as flexible display.
Display size-wise market categories are up to 20”, 20”-50”, and 50” above.
The primary end users in the industry include media & entertainment, healthcare, automotive, education, consumer electronics, enterprise, industrial, commercial, and others.
Leading Players
Leading players identified by MRFR are LG Electronics Inc.(South Korea), OSRAM GmbH (Germany), Samsung Electronics Co. Ltd. (South Korea), Universal Display Corporation (U.S.), Panasonic Corporation (Japan), Microchip Technologies (U.S.), Sony Corporation (Japan), Philips Electronics (Netherlands), Corning (U.S.), and more.
Some more players listed in the report include Futaba Corporation (Japan), Dresden Microdisplay GmbH (Germany), Shenzhen China Star Optoelectronics Technology Co., Ltd. (China), Fraunhofer-Gesellschaft (Germany), EverDisplay Optronics (Shanghai) Limited (China), BOE Technology Group Co., Ltd. (China), eMagin, Inc. (U.S.), Newvision Corporation (China), AU Optronics Corp. (Taiwan), Chunghwa Picture Tubes, LTD. (Taiwan), to mention a few.
Get Complete Report @ https://www.marketresearchfuture.com/reports/led-oled-display-market-1096
About Market Research Future:
Market Research Future (MRFR) is a global market research firm that takes great pleasure in its services, providing a detailed and reliable study of diverse industries and consumers worldwide. MRFR's methodology integrates proprietary information with different data sources to provide the client with a comprehensive understanding of the current key trends, upcoming events, and the steps to be taken based on those aspects.
Our rapidly expanding market research company is assisted by a competent team of research analysts who provide useful analytics and data on technological and economic developments. Our deemed analysts make industrial visits and collect valuable information from influential market players. Our main goal is to keep our clients informed of new opportunities and challenges in various markets. We offer step-by-step assistance to our valued clients through strategic and consulting services to reach managerial and actionable decisions.
Media Contact:
Market Research Future (Part of Wantstats Research and Media Private Limited)
99 Hudson Street, 5Th Floor
New York, NY 10013
United States of America
+1 628 258 0071 (US)
+44 2035 002 764 (UK)
Email: [email protected]
Website: https://www.marketresearchfuture.com
The OLED Display Market research report provides the latest industry data, growth, key segments and future trends on the basis of the detailed study.
This market report also allows you to identify the future opportunity and growth rate of the leading segment based on regions and countries.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.
An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global OLED Display Market Research Report" by requesting FREE Sample Copy athttps://www.valuemarketresearch.com/contact/oled-display-market/download-sampleMarket DynamicsThe market of OLED is gaining traction on the account of the advancement of the technology which has led to the development of large sizes displays.
Growing usage of OLED in high-end automobiles in components like back-window alerts, rear-view mirrors, and dashboard displays is also expected to augment the market growth.
Increasing demand for consumer products like microwave ovens and washing machines which are also being embedded with OLED is further projected to expand the market size.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis.
These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.
As per the research by Market Research Future Reports (MRFR), the global foldable display market is estimated to thrive at a CAGR of 62%, valuing USD 1,549.4 million during the review period.
The increasing demand for smartphones is the most significant factor driving the global foldable display market 2020.
The incorporation of flexible displays in smartwatches is projected to be an important factor in driving the market growth.The continuous development in technologies is a crucial factor leading to market expansion.
We will provide COVID-19 impact analysis with the report.Key Players The forefront players of the global foldable display market are LG Display Co., Ltd (South Korea), Samsung Electronics Co., Ltd (South Korea), BOE Technology Group Co. (China), Royole Corporation (China), Applied Materials, Inc. (US), Visionox Technology Inc. (US), Semiconductor Energy Laboratory Co., Ltd (Japan), C3Nano, Inc. (the US), Tianma Microelectronics Co., Ltd (China), Altenergy Power System, Inc. (the US).
Apart from these players, Apple Inc. (US), M Company (US), AGC Inc. (Japan), Ares Materials, Inc. (US), DuPont (US), Huawei Technologies Co. Ltd (China), FUJIFILM Holdings Corporation (Japan), and a few more are the players that contribute 35-40% in the foldable display market.Get Free Sample Report@ https://www.marketresearchfuture.com/sample_request/7675 Market Segmentation The global foldable display market can be segregated on the basis of application, type, and region.Based on application, the worldwide foldable display market can be classified into Based on type, the worldwide foldable display market can be classified into OLED, LED, and AMOLED.Based on the region, the worldwide foldable display market can be classified into North America, Europe, Asia-Pacific, and the Rest of the World.Regional Analysis The regional study of North America, Europe, Asia-Pacific, and the Rest of the World (RoW) has been conducted.
The region consists of established players such as Samsung Electronics and LG Displays.
