Organic Light Emitting Diodes (OLEDs) Sector: Growth Drivers and Challenges
Growth Drivers
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Improved Video Display with OLED
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Growing Technological Advancement in Electronic Devices
Challenges
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High Cost Associated with Organic LED
Organic Light Emitting Diodes (OLEDs) Market: Key Insights
|
Base Year |
2024 |
|
Forecast Year |
2025-2037 |
|
CAGR |
19.8% |
|
Base Year Market Size (2024) |
USD 67.6 billion |
|
Forecast Year Market Size (2037) |
USD 707.76 billion |
|
Regional Scope |
|
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of OLEDs is estimated at USD 78.98 billion.
Organic Light Emitting Diodes (OLEDs) Market size was over USD 67.6 billion in 2024 and is anticipated to cross USD 707.76 billion by 2037, growing at more than 19.8% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is likely to dominate majority revenue share by 2037, impelled by presence of major companies in the region.
The major players in the market are Samsung Display Co., Ltd., Futaba Corporation, Universal Display Corporation, RITEK Corporation, Osram Licht AG, OLEDWorks LLC, Innolux Corporation, Seiko Epson Corporation, Koninklijke Philips N.V., and others.