A Global Flexible Organic Light Emitting Diode Market Research Report from Emergen Research was created after careful consideration of the Flexible Organic Light Emitting Diode industry's crucial commercial information and wide-ranging geographical coverage. This report addresses both qualitative and quantitative aspects of the Flexible Organic Light Emitting Diode market in addition to offering significant statistical data regarding the Flexible Organic Light Emitting Diode market. In addition to past data from 2017 to 2018, the research study offers a precise projection for the Flexible Organic Light Emitting Diode market through 2027. The research provides a thorough analysis of both existing and up-and-coming market participants. The report also includes information on the companies' business overviews, product portfolios, and expansion plans.
The global flexible Organic Light Emitting Diode (OLED) market size reached USD 4.48 Billion in 2021 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid growth of smartphone industry and increasing need to reduce thickness of display are expected to support market revenue growth between 2022 and 2030. Additionally, increasing need for fast response time to the user will drive revenue growth of market. Increasing development of material science and technology has led to development of several flexible display devices. Rising use of flexible OLED technology in e-papers, electronic posters and labels, smart devices, and televisions are expected to drive market revenue growth during the forecast period. Increasing urbanization and rising disposable incomes have also resulted in a rapid increase in adoption of high-end televisions, wearables, and smartphones. Furthermore, devices with flexible OLED takes less time in responding to users’ need which is further boosting demand for flexible OLED. For instance, an OLED can theoretically have less than a 0.01-ms response time enabling a refresh rate of up to 100,000 Hz whereas LCDs are capable of between 1 and 16 ms response times leading to a refresh rate of 60 to 480 Hz. Moreover, flexible OLED also causes less eyes irritation as compared to other conventional displays. Increasing need for faster and more convenient experience combined with improved safety for users is expected to propel market revenue growth during the forecast period.
The COVID-19 pandemic's current mobility restrictions and lockdowns are anticipated to have a severe impact on the expansion of the Flexible Organic Light Emitting Diode industry. The Flexible Organic Light Emitting Diode sector is anticipated to be impacted by the COVID-19 pandemic in addition to other significant worldwide markets. The slowdown in economic expansion and the rapid shifts in demand will have an even greater impact on industry growth. The investigation of the COVID-19 pandemic's effects on the entire Flexible Organic Light Emitting Diode industry is covered in the report.
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Leading companies operating across the global Flexible Organic Light Emitting Diode market:
Samsung Electronics Co. Ltd., Sony Group Corporation, Koninklijke Philips N.V., DuPont de Nemours, Inc., LG Display Co. Ltd., BOE Technology Group Co. Ltd., AU Optronics Corporation, Japan Display, Inc., OSRAM GmbH, and Pioneer Corporation
Global Flexible Organic Light Emitting Diode Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- RD Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The most recent study offers an incisive overview of the market's broad competitive landscape while highlighting the main competitors and their business profiles. The research has addressed a wide range of strategic actions done by these organisations, including new business deals, mergers and acquisitions, collaborations, joint ventures, technical advancement, and recent product introductions. The competitive environment of the market is examined in the research in several ways, including the regulatory standards and policies put in place recently across the sector. Our team of industry professionals has used a number of strong analytical tools, including Porter's Five Forces analysis and SWOT analysis, to provide a thorough overview of the global Flexible Organic Light Emitting Diode market and identify the key growth trends.
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Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales distribution channels
Segments Covered in this report are:
Technology Outlook (Revenue, USD Billion; 2019–2030)
- Passive-Matrix OLED (PMOLED)
- Active-Matrix OLED (AMOLED)
Flexibility Type Outlook (Revenue, USD Billion; 2019–2030)
- Curved Display
- Foldable Display
Application Outlook (Revenue, USD Billion; 2019–2030)
- Lighting
- Smart Phones
- Television
- Monitor
- Wearables
- Others
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Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
- Besides offering a vivid depiction of the global Flexible Organic Light Emitting Diode business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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