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Report Overview

The global organic LED market attained USD 55.93 billion in 2024. The global organic LED market is expected to grow in the forecast period of 2025-2034 at a CAGR of 23.2% to attain USD 367.22 billion by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

Global Organic LED Market

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The growing demand for environmentally friendly goods can be a significant opportunity for this industry to expand. The Asia Pacific is leading the organic LED industry, accounting for the majority of the market revenue share.

Market Segmentation

“Organic LED Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Flexible OLED
  • Rigid OLED

Market Breakup by Product

  • Display
  • Lighting

Market Breakup by Technology

  • Passive Matrix OLED
  • Active Matrix OLED
  • Transparent OLED
  • Top-emitting OLED
  • Foldable OLED
  • White OLED

Market Breakup by Application

  • Television and Monitors
  • Smartphones
  • Laptops and Tablets
  • Automotive
  • Others

Market Breakup by Sector

  • Commercial
  • Residential
  • Industrial

Market Breakup By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Organic LED Market

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Market Analysis

Favourable properties of the product like high productivity, low power utilisation, enhanced image quality, durability, and lightweight are the major factors affecting the organic LED market positively. The Asia-Pacific is leading the organic LED market globally, followed by North America and Europe.

Global Organic LED Market

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Competitive Landscape

The report presents a detailed analysis of the following key players in the global organic LED market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Au Optronics Corp. (TPE: 2409)
  • Cambridge Display Technology Limited.
  • Universal Display Corporation (NASDAQ: OLED)
  • LG Electronics Inc. (KRX: 066570)
  • Samsung Electronics Co., Ltd. (KRX: 005930)
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The global organic LED market reached a value of USD 55.93 billion in 2024.

The market is projected to grow at a CAGR of nearly 23.2% in the forecast period of 2025-2034.

The market is estimated to reach a value of about USD 367.22 billion by 2034.       

The major drivers of the market include rising disposable incomes, increasing population, and the product’s high productivity, low power utilisation, enhanced image quality, durability, and lightweight.

The rising demand for environmentally friendly goods is expected to be a key trend guiding the growth of the market.

North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market.

The major types of organic LED are flexible OLED and rigid OLED.

The leading products in the market are display and lighting.

The significant technologies of organic LED in the market are passive matrix OLED, active matrix OLED, transparent OLED, top-emitting OLED, foldable OLED, and white OLED.

The major application segments in the market are television and monitors, smartphones, laptops and tablets, and automotive, among others.

The leading sectors in the market are commercial, residential, and industrial.

The leading players in the market are Au Optronics Corp. (TPE: 2409), Cambridge Display Technology Limited, Universal Display Corporation (NASDAQ: OLED), LG Electronics Inc. (KRX: 066570), and Samsung Electronics Co., Ltd. (KRX: 005930), among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Product
  • Technology
  • Application
  • Sector
  • Region
Breakup by Type
  • Flexible OLED
  • Rigid OLED
Breakup by Product
  • Display
  • Lighting
Breakup by Technology
  • Passive Matrix OLED
  • Active Matrix OLED
  • Transparent OLED
  • Top-emitting OLED
  • Foldable OLED
  • White OLED
Breakup by Application
  • Television and Monitors
  • Smartphones
  • Laptops and Tablets
  • Automotive
  • Others
Breakup by Sector
  • Commercial
  • Residential
  • Industrial
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Au Optronics Corp. (TPE: 2409)
  • Cambridge Display Technology Limited.
  • Universal Display Corporation (NASDAQ: OLED)
  • LG Electronics Inc. (KRX: 066570)
  • Samsung Electronics Co., Ltd. (KRX: 005930)
  • Others
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