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Download Free sampleThe global OLED Display market was valued at 264.9 Million USD in 2021 and will grow with a CAGR of 23.2% from 2021 to 2027, based on Research newly published report.
The prime objective of OLED Display Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, OLED Display Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
The OLED (Organic Light Emitting Diode) is a brighter, higher contrast display that has faster response times, wider viewing angles and consumes less power than conventional VFD, LED or Liquid Crystal Displays. OLED displays are self-illuminating due to their organic material and require no backlight for maximum visibility in all environments.OLED Displays are made up of a layer of organic material placed between two conductors. These two conductors (an anode and a cathode) are then between a glass top plate (seal) and a glass bottom plate (substrate). When an electric current is applied to the two conductors, the organic material produces a bright, electro-luminescent light. When energy passes from the negatively charged layer (cathode) to the other (anode) layer, it stimulates the organic material between the two, which in turns emits lights that is visible through the outermost layer of glass. At present, the OLED Display industry is still in the developing stage, the world`s large production is mainly concentrated in Korea. The technology and market share is monopolized by Samsung and LG. Many manufacturers are in the research level and begin to mass production in 2015, Like EDO, established in 2012 in china, announce the AMOLED Display capacity is 15K/month. And JOLED Inc., joint venture of Japan Display, Sony and Panasonic, which set up to break the monopoly of Samsung and LG, JOLED will mainly target laptops and tablets. OLED Display is a high technology industry, especially the manufacturing material and equipment. With the expansion of downstream application area, the cost will decrease. If it replace the LCD/LED, the market is very huge. Although OLED Display brings a lot of opportunities, the research group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
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