OLED Display Market by Abhinav Singh

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OLED Display Market Expected To Witness a Sustainable Growth Over 2031 By Transparency Market Research Published May 16, 2022

The global OLED display market is signi몭cantly driven by factors such as the rising disposable income of consumers, rapid urbanization, and acceptance of OLED displays in smartphones, smart television, etc. Modernization, technological advancements, and a surge in demand for a better viewing experience are driving the global OLED display market during the forecast period. Advancements in OLED technology, an increase in demand for AMOLED displays in AR/VR headset applications, and a rise in support from governments for R&D activities are also contributing to the global OLED display market growth. Companies in the global OLED display market are increasing their production capacity to leverage revenue opportunities in the global market. Get a PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=B&rep_id=808 The rise in Usage of OLED Displays in Smart Television Drives Market Growth There is an increasing demand for OLED displays in smart television across the globe. The increase in the use of the OLED technology in the manufacturing of various electronic products such as smartphones, tablets, televisions, etc. is driving the demand for OLED displays. The OLED technology can be used in smart TVs in order to provide beautiful lighting panels. Many consumers are more likely to opt for OLED displays for better image quality. Digital growth in various economies is responsible for the emergence of smart electronic devices.

Increasing sales of digital televisions with Internet-connected technologies is expected to drive the OLED display market during the forecast period. Digital television offers online interactive media, online video streaming, online music, over-the-top content (OTT), on-demand streaming, etc. All these factors are contributing to the rising demand for OLED displays in smart television, which, in turn, boost the global market during the forecast period. Booming Semiconductor and Electronics Industries to Boost OLED Display Market The growth and advancement of the semiconductor and electronics industries can be attributable to the growth of the OLED display market. Some of the key bene몭ts of using OLED displays in the semiconductor and electronics industries are excellent performance reliability, durability, and cost-e몭ciency. Flourishing growth and advancement in the mobile phones segment can be ascribed to the rising demand for OLED display. There is a consistent demand for mobiles and smartphones across the globe. Rising sales of mobile phones and an increasing number of mobile manufacturers are expected to drive the demand for OLED displays. Increasing applications of OLED displays in various consumer electronics products are due to their ability to consume less power. The global OLED display market is anticipated for healthy growth in the upcoming years, due to collaborative efforts of market stakeholders and product manufacturers to provide innovative and technologically advanced products. The increasing popularity of AMOLED is creating value-grab opportunities in the global market. Potential Growth Opportunities for Market Players in Asia Paci몭c Asia Paci몭c accounts for the largest share of the global OLED display market. Rapid urbanization, an increase in the production of electronic devices, and a rise in presence of key manufacturers operating in the Asia Paci몭c are factors contributing to the market growth. India and China are major countries driving the demand for various consumer electronics products. The increasing adoption of online distribution channels and eCommerce platforms is expected to drive the expansion of the market in Asia Paci몭c. Additionally, various OLED display manufacturers are continuously focusing on R&D activities in order to improve their product portfolio, thereby boosting the

OLED display market in the region. The Asia Paci몭c OLED display market is driven by factors such as the lucrative presence of manufacturers, increase in adoption of consumer electronics, and rapid economic growth. Manufacturers operating in the Asia Paci몭c OLED display market are gaining pro몭table growth opportunities. Key market players operating in the global OLED display market are focusing on expanding their production capacity due to rising demand from various end-users. Get a Customized Research Report @ https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=CR&rep_id=808 Increase in Disposable Income and Adoption of Smart Electronics Products Rising disposable income, changing lifestyles, rapid urbanization, digitalization, and advancements in technology are some of key factors driving the global OLED display market. Consumers are more likely to invest in premium electronic products. Key market contributors of OLED displays are focused on the design of cost-effective products to attract more customers. The increasing sales of smart electronic products boost the global OLED display market. The rising popularity of online distribution channels also creates potential opportunities for market players operating in the global OLED display market during the forecast period. OLED Display Market: Overview According to Transparency Market Research’s latest research report on the global OLED display market for the historical period, 2017–2020 and the forecast period 2022–2031, an increase in the use of OLED display for various applications in consumer electronics is likely to fuel the market during the forecast period Rapid Adoption of OLED Smart TVs: Key Driver of OLED Display Market OLED technology that provides e몭cient and beautiful lightning panels is currently being used in smart TVs A smart TV is a digital television with internet-connected technologies. It is basically a traditional television set but is integrated with the internet and interactive Web 2.0 features. This enables users to stream music and videos or browse the internet and view photos. Apart from the traditional functions of television sets, smart

TVs can provide Internet TV, over-the-top content (OTT), on-demand streaming, online interactive media, etc. Demand for OLED displays remained high in the television market. Consumers are willing to pay a price premium for OLED displays, as they offer better image quality and reduce power consumption Considering these factors, demand for OLED display is anticipated to rise during the forecast period Inquiry Before Buying: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=EB&rep_id=808 Increase in Demand for OLED Display in Semiconductor & Electronics Industries to Boost OLED Display Market OLED displays are being extensively utilized in various consumer electronics products subject to the product’s ability to consume less power. Mobile smartphones among these are poised to generate signi몭cant returns for market. Utility of OLED displays in television sets is also rising, since technological advancements have supported the development of large-sized displays. Other consumer products such as washing machines and microwave ovens are also being incorporated with OLEDs, as they help make the product highly environment-friendly. AMOLED, one of the types of OLED displays, is gaining traction worldwide. These components are commonly used in large displays to ease the transfer of energy in different large displays. Better refresh rates due to easy activation of pixels and enhanced viewing angles are estimated to boost the product demand, which, in turn, is estimated to boost the AMOLED segment during the forecast period OLED Display Market: Competition Landscape Detailed pro몭les of providers of OLED display have been provided in the report in order to evaluate their 몭nancials, key product offerings, recent developments, and strategies Key players operating in the global OLED Display market include Samsung Electronics LG Display

AU Optronics Universal Display Corporation OLED Display Market: Key Developments Key providers of OLED display are focused on the design of cost-effective OLED display to attract more customers. Other key developments in the global OLED display market have been highlighted below: In June 2020, LG announced the launch of a new vivid, transparent OLED display for digital signage solutions. The new display offers cutting-edge touchscreen technology and uses projected capacitive (p-cap) 몭lm technology to deliver a highly responsive, accurate touch experience. The new OLED display is built from anti-re몭ective, tempered, shatter-resistant front glass to make it suitable for commercial use. In August 2019, AU Optronics launched a 17.3-inch OLED display with UHD 4K image quality and 120 Hz refresh rate, 5.6-inch AMOLED display, 12.1-inch full-color TFT driven Micro LED vehicle display, and optical in-cell 몭ngerprint LTPS LCD. In May 2020, Universal Display and Wuhan China Star Optoelectronics Semiconductor Display Technology Co., Ltd. signed a new OLED technology license agreement and supplemental material purchase agreement. Under the long-term agreements, UDC would supply phosphorescent OLED materials to Wuhan China Star Optoelectronics for use in display products through its wholly-owned subsidiary UDC Ireland Limited. In the global OLED display market report, we have discussed individual strategies, followed by company pro몭les of providers of OLED display. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global OLED display market. TMR Latest News Publication: https://www.prnewswire.com/newsreleases/smart-antenna-markets-strides-to-unlock-value-in-5g-connectivity-forshaping-next-gen-digital-future-revenues-estimated-to-climb-at-cagr-of-8-5from-2021-to-2031-tmr-301285693.html About Us

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision-makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts so that it always re몭ects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact 90 State Street, Suite 700 Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll-Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com

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