The next-generation display materials market in the North America region is expected to showcase a positive growth of XX% from 2019 to 2029. The U.S. has always been on the forefront of the world map when it comes to technological advancements. Like other disruptive technologies, OLED and quantum dots have also extended its roots in the U.S. market. In terms of manufacturing, most of the prominent companies are U.S-based, offering significant impetus to the growth of this market in the U.S. as well as the whole of North America.
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Even the companies which are not U.S-based have significant presence in the U.S., either because of their manufacturing facilities or R&D bases. Since the U.S. is one of the most industrialized nations in the world, display technology finds tremendous application potential in all the verticals, especially manufacturing and enterprise sector, in this country.
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The demand for OLED materials in North America is expected to grow at a high CAGR of XX% from 2019 to 2029. The increasing use of OLED display panels and materials in smartphones and TVs and monitors across the region are one of the major reasons for such increased demand. The adoption of OLED technology by Apple and Samsung for their smartphones and TVs is expected to drive the demand for OLED display materials during the forecast period.
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