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Report
OLED Panel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 139 Pages I IMARC Group
Market Overview:
The global OLED panel market size reached US$ 35.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 71.0 Billion by 2028, exhibiting a growth rate (CAGR) of 12.2% during 2023-2028.
Organic light-emitting diode (OLED) panels are manufactured from organic materials that emit light when electricity is applied. They comprise a substrate, backplane, frontplane, and encapsulation layer to avoid oxygen and moisture. They are efficient, thinner, and flexible due to the elimination of backlights and filters compared to liquid-crystal display (LCD) panels. They offer superior viewing angles, fast response time, and small size form factors. As they provide enhanced image quality, bright colors, fast motion, and high contrast, OLED panels are currently widely used on televisions (TVs), smartphones, handheld game consoles, computer monitors, and personal digital assistants (PDAs).
OLED Panel Market Trends:
At present, the growing demand for OLED televisions among the masses due to various advantages with viewing angles and black levels represents one of the key factors driving the market. Besides this, the rising utilization of OLED panels in manufacturing enhanced and foldable smartphones across the globe is contributing to the growth of the market. In addition, key market players are extensively investing in research and development (R&D) activities to install transparent OLED display panels as digital screens. They are also focusing on incorporating active-matrix organic light-emitting diode (AMOLED) panels in their products, which is positively influencing the market. Moreover, the growing demand for consumer electronics, such as computers, laptops, smartphones, tablets, gaming consoles, wearables, digital cameras, and virtual reality (VR) and augmented reality (AR) devices, is offering a positive market outlook. Apart from this, the rising awareness among the masses about the benefits of OLED displays, such as energy-efficient, sunlight-readable, and easier recycling process, compared to liquid-crystal display (LCDs) panels is offering lucrative growth opportunities to industry investors.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global OLED panel market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, technology, size and end user.
Breakup by Type:
Flexible
Rigid
Transparent
Breakup by Technology:
PMOLED Display
AMOLED Display
Breakup by Size:
Small-sized OLED Panel
Medium-sized OLED Panel
Large-sized OLED Panel
Breakup by End User:
Mobile and Tablet
Television
Automotive
Wearable
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BOE Technology Group Co. Ltd., Innolux Corporation, Koninklijke Philips N.V., LG Display (LG Electronics Inc.), OSRAM OLED GmbH (OSRAM GmbH), Raystar Optronics Inc., RITEK Corporation, Samsung Display Co. Ltd. (Samsung Electronics Co., Ltd.), Sony Group Corporation, Universal Display Corporation, Visionox Co. Ltd, Winstar Display Co. Ltd. and WiseChip Semiconductor Inc.
Key Questions Answered in This Report
1. What was the size of the global OLED panel market in 2022?
2. What is the expected growth rate of the global OLED panel market during 2023-2028?
3. What are the key factors driving the global OLED panel market?
4. What has been the impact of COVID-19 on the global OLED panel market?
5. What is the breakup of the global OLED panel market based on the type?
6. What is the breakup of the global OLED panel market based on the technology?
7. What is the breakup of the global OLED panel market based on size?
8. What are the key regions in the global OLED panel market?
9. Who are the key players/companies in the global OLED panel market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global OLED Panel Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Type
6.1Flexible
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Rigid
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Transparent
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Technology
7.1PMOLED Display
7.1.1 Market Trends
7.1.2 Market Forecast
7.2AMOLED Display
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Size
8.1Small-sized OLED Panel
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Medium-sized OLED Panel
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Large-sized OLED Panel
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by End User
9.1Mobile and Tablet
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Television
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Automotive
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Wearable
9.4.1 Market Trends
9.4.2 Market Forecast
9.5Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1BOE Technology Group Co. Ltd.
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.2Innolux Corporation
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.2.3 Financials
15.3.3Koninklijke Philips N.V.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.3.4 SWOT Analysis
15.3.4LG Display (LG Electronics Inc.)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.5OSRAM OLED GmbH (OSRAM GmbH)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6Raystar Optronics Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7RITEK Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.8Samsung Display Co. Ltd. (Samsung Electronics Co., Ltd.)
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9Sony Group Corporation
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.9.3 Financials
15.3.9.4 SWOT Analysis
15.3.10Universal Display Corporation
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.10.3 Financials
15.3.11Visionox Co. Ltd
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 Financials
15.3.12Winstar Display Co. Ltd.
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13WiseChip Semiconductor Inc.
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
Figure 1: Global: OLED Panel Market: Major Drivers and Challenges
Figure 2: Global: OLED Panel Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: OLED Panel Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: OLED Panel Market: Breakup by Type (in %), 2022
Figure 5: Global: OLED Panel Market: Breakup by Technology (in %), 2022
Figure 6: Global: OLED Panel Market: Breakup by Size (in %), 2022
Figure 7: Global: OLED Panel Market: Breakup by End User (in %), 2022
Figure 8: Global: OLED Panel Market: Breakup by Region (in %), 2022
Figure 9: Global: OLED Panel (Flexible) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: OLED Panel (Flexible) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: OLED Panel (Rigid) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: OLED Panel (Rigid) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: OLED Panel (Transparent) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: OLED Panel (Transparent) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: OLED Panel (PMOLED Display) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: OLED Panel (PMOLED Display) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: OLED Panel (AMOLED Display) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: OLED Panel (AMOLED Display) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: OLED Panel (Small-sized OLED Panel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: OLED Panel (Small-sized OLED Panel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: OLED Panel (Medium-sized OLED Panel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: OLED Panel (Medium-sized OLED Panel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: OLED Panel (Large-sized OLED Panel) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: OLED Panel (Large-sized OLED Panel) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: OLED Panel (Mobile and Tablet) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: OLED Panel (Mobile and Tablet) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: OLED Panel (Television) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: OLED Panel (Television) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: OLED Panel (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: OLED Panel (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: OLED Panel (Wearable) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: OLED Panel (Wearable) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: OLED Panel (Other End Users) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: OLED Panel (Other End Users) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: North America: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: North America: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: United States: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: United States: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: Canada: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: Canada: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Asia-Pacific: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Asia-Pacific: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: China: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: China: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Japan: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Japan: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: India: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: India: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: South Korea: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: South Korea: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: Australia: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: Australia: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Indonesia: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Indonesia: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Others: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Others: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Europe: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Europe: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Germany: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Germany: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: France: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: France: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: United Kingdom: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: United Kingdom: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Italy: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Italy: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Spain: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Spain: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Russia: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Russia: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Others: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Others: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Latin America: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Latin America: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Brazil: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Brazil: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Mexico: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Mexico: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Others: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Others: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Middle East and Africa: OLED Panel Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Middle East and Africa: OLED Panel Market: Breakup by Country (in %), 2022
Figure 83: Middle East and Africa: OLED Panel Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 84: Global: OLED Panel Industry: SWOT Analysis
Figure 85: Global: OLED Panel Industry: Value Chain Analysis
Figure 86: Global: OLED Panel Industry: Porter's Five Forces Analysis
Table 1: Global: OLED Panel Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: OLED Panel Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: OLED Panel Market Forecast: Breakup by Technology (in Million US$), 2023-2028
Table 4: Global: OLED Panel Market Forecast: Breakup by Size (in Million US$), 2023-2028
Table 5: Global: OLED Panel Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: OLED Panel Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: OLED Panel Market: Competitive Structure
Table 8: Global: OLED Panel Market: Key Players
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