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Organic LED Market

Global Organic LED Market Trends, Analysis, Forecast: By Type: Flexible OLED, Rigid OLED; By Product: Display, Lighting; By Technology: Passive Matrix OLED, Active Matrix OLED, Transparent OLED, Top-emitting OLED, Foldable OLED, White OLED; By Application; By Sector; Regional Analysis; Competitive Landscape; 2024-2032

Global Organic LED Market Outlook

The global organic LED market attained USD 55.93 billion in 2023. The global organic LED market is expected to grow in the forecast period of 2024-2032 at a CAGR of 23.2% to attain USD 367.22 billion by 2032.

 

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 is a flat light emitting technology established by placing thin organic films between two conductors, also known as an organic light-emitting diode.

 

Global Organic LED Market

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The organic LED market can be broadly categorised based on types, products, technology, applications, and sectors:

Based on types, the industry can be divided into:

  • Flexible OLED
  • Rigid OLED

Based on products, the organic LED market can be divided into:

  • Display
  • Lighting

Based on products, the organic LED market can be divided into:

  • Display
  • Lighting

Based on products, the organic LED market can be divided into:

  • Display
  • Lighting

On the basis of technology, the industry can be segmented into:

  • Passive Matrix OLED (PMOLED)
  • Active Matrix OLED (AMOLED)
  • Transparent OLED
  • Top-Emitting OLED
  • Foldable OLED
  • White OLED

Based on application, the industry can be divided into:

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

Based on the sector, the industry can be divided into:

  • Commercial
  • Residential
  • Industrial

The EMR report looks into the regional markets of organic LED like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.

 

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.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Organic LED Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Organic LED Historical Market (2018-2023) 
    8.3    Global Organic LED Market Forecast (2024-2032)
    8.4    Global Organic LED Market by Type
        8.4.1    Flexible OLED
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Rigid OLED
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
    8.5    Global Organic LED Market by Product
        8.5.1    Display
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Lighting
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Organic LED Market by Technology
        8.6.1    Passive Matrix OLED
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Active Matrix OLED
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Transparent OLED
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Top-emitting OLED
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Foldable OLED
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    White OLED
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
    8.7    Global Organic LED Market by Application
        8.7.1    Television and Monitors
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Smartphones
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Laptops and Tablets
            8.7.3.1    Historical Trend (2018-2023)
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Automotive
            8.7.4.1    Historical Trend (2018-2023)
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Others
    8.8    Global Organic LED Market by Sector
        8.8.1    Commercial
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Residential
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Industrial
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
    8.9    Global Organic LED Market by Region       
        8.9.1    North America
            8.9.1.1    Historical Trend (2018-2023) 
            8.9.1.2    Forecast Trend (2024-2032)
        8.9.2    Europe
            8.9.2.1    Historical Trend (2018-2023) 
            8.9.2.2    Forecast Trend (2024-2032)
        8.9.3    Asia Pacific
            8.9.3.1    Historical Trend (2018-2023) 
            8.9.3.2    Forecast Trend (2024-2032)
        8.9.4    Latin America
            8.9.4.1    Historical Trend (2018-2023) 
            8.9.4.2    Forecast Trend (2024-2032)
        8.9.5    Middle East and Africa
            8.9.5.1    Historical Trend (2018-2023) 
            8.9.5.2    Forecast Trend (2024-2032) 
9    North America Organic LED Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Organic LED Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Organic LED Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Organic LED Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Organic LED Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        12.2.1    Au Optronics Corp. (TPE: 2409)
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Cambridge Display Technology Limited.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3     Universal Display Corporation (NASDAQ: OLED)
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    LG Electronics Inc. (KRX: 066570)
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Samsung Electronics Co., Ltd. (KRX: 005930)
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Others
17    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Organic LED Market: Key Industry Highlights, 2018 and 2032
2.    Global Organic LED Historical Market: Breakup by Type (USD Billion), 2018-2023
3.    Global Organic LED Market Forecast: Breakup by Type (USD Billion), 2024-2032
4.    Global Organic LED Historical Market: Breakup by Product (USD Billion), 2018-2023
5.    Global Organic LED Market Forecast: Breakup by Product (USD Billion), 2024-2032
6.    Global Organic LED Historical Market: Breakup by Technology (USD Billion), 2018-2023
7.    Global Organic LED Market Forecast: Breakup by Technology (USD Billion), 2024-2032
8.    Global Organic LED Historical Market: Breakup by Application (USD Billion), 2018-2023
9.    Global Organic LED Market Forecast: Breakup by Application (USD Billion), 2024-2032
10.    Global Organic LED Historical Market: Breakup by Sector (USD Billion), 2018-2023
11.    Global Organic LED Market Forecast: Breakup by Sector (USD Billion), 2024-2032
12.    Global Organic LED Historical Market: Breakup by Region (USD Billion), 2018-2023
13.    Global Organic LED Market Forecast: Breakup by Region (USD Billion), 2024-2032
14.    North America Organic LED Historical Market: Breakup by Country (USD Billion), 2018-2023
15.    North America Organic LED Market Forecast: Breakup by Country (USD Billion), 2024-2032
16.    Europe Organic LED Historical Market: Breakup by Country (USD Billion), 2018-2023
17.    Europe Organic LED Market Forecast: Breakup by Country (USD Billion), 2024-2032
18.    Asia Pacific Organic LED Historical Market: Breakup by Country (USD Billion), 2018-2023
19.    Asia Pacific Organic LED Market Forecast: Breakup by Country (USD Billion), 2024-2032
20.    Latin America Organic LED Historical Market: Breakup by Country (USD Billion), 2018-2023
21.    Latin America Organic LED Market Forecast: Breakup by Country (USD Billion), 2024-2032
22.    Middle East and Africa Organic LED Historical Market: Breakup by Country (USD Billion), 2018-2023
23.    Middle East and Africa Organic LED Market Forecast: Breakup by Country (USD Billion), 2024-2032
24.    Global Organic LED Market Structure

Key Questions Answered in the Report

The global organic LED market reached a value of USD 55.93 billion in 2023.

The market is projected to grow at a CAGR of nearly 23.2% in the forecast period of 2024-2032.

The market is estimated to reach a value of about USD 367.22 billion by 2032.       

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.

Analyst Review

The global organic LED market attained a value of USD 55.93 billion in 2023, driven by the enhanced image quality, durability, and lightweight. Aided by the rising demand for environmentally friendly goods, the industry is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 23.2%. The industry is projected to reach USD 367.22 billion by 2032. 

EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on types, the market can be segmented into flexible and rigid OLED. By product, the industry can be segmented into display and lighting. On the basis of technology, the industry can be divided passive matrix OLED, active matrix OLED, transparent OLED, top-emitting OLED, foldable OLED, and white OLED. Based on applications, the market can be segmented into television and monitors, smartphones, laptops, and tablets, and automotive, among others. By sector, the industry can be segmented into commercial, residential, and industrial. The major regional markets for organic LED are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with the Asia Pacific accounting for the largest share of the market. The key players in the above industry include 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.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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