About LED and OLED Display
The OLED display is self-illuminating, and the LED display is used to light an LCD display. LED are less expensive than OLED displays. LED display technology has highly improved over the past few decades. The OLED display is highly improved from factor, product integration and application, color quality, and cost. OLED displays illuminate each individual pixel, offering various picture quality advantages.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global LED and OLED Display is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching New Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Universal Display Corporation (United States), LG Display Co., Ltd. (South Korea), Samsung Electronics Co., Ltd. (South Korea), AU Optronics Corp. (Taiwan), Koninklijke Philips N.V. (Netherlands), Innolux Corporation (Taiwan), Sharp Corporation (Japan), Japan Display Inc. (Japan), Hannstar Display Corporation (Taiwan) and Panasonic Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Pioneer Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global LED and OLED Display market by Type (LED (SMD LED, COB LED, Color LED, and Others) and OLED (LEC, PMOLED, AMOLED, and Others)), Application (Television Screens, Computer Monitors, Smartphones, Handheld Game Consoles and Others) and Region.
On the basis of geography, the market of LED and OLED Display has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Technological Advancement over the Globe and The popularity of LED and OLED Display Products
Market Growth Drivers:
Growing Adoption of LED and OLED Display Products
Challenges:
OLED displays are generally more expensive to manufacture compared to traditional LED displays.
Restraints:
High Cost Associated with the LED and OLED Display Products
Opportunities:
Surging Demand from Emerging Economies and Growing Adoption of Televisions
Market Leaders and their expansionary development strategies
On April 2019 - JDA Software, Inc. and Panasonic Corporation today announced an agreement between JDA Japan and Panasonic to establish a joint venture company to further promote sales of the companies' joint solutions for the manufacturing, logistics, and retail industries in Japan.
In January 2024, Samsung Electronics announced its latest QLED, MICRO LED, OLED and Lifestyle display lineups ahead of CES. The announcement also served to kick off the AI screen era through the introduction of a next-generation AI processor poised to redefine the perception of smart display capabilities.
Key Target Audience
LED and OLED Display Manufacturers, LED and OLED Display Suppliers and Distributors, Regulatory Bodies, New Entrants, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.