Organic Light Emitting Diodes (OLEDs) Industry - Regional Synopsis
APAC Market Statistics
On the basis of geographical analysis, the global OLEDs market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Asia Pacific industry is likely to dominate majority revenue share by 2037, impelled by presence of major companies in the region. Moreover, the lower labor and raw material cost, and presence of large consumer base in the highly populated countries, are foreseen to provide massive growth opportunity for the market.
North America Market Analysis
The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the increasing investment in advanced electronic devices, along with constant advancement in technology. Moreover, the higher disposable income in the region is anticipated to boost the market growth.