October 12, 2020

COVID-19 to affect the LED and OLED Display Industry

Market Synopsis

LED (light-emitting diode) is a distinct type of p-n junction diode that is capable of emitting incoherent light by the phenomenon of injection electroluminescence.

Market Research Future (MRFR) asserts that by the end of 2025, the global LED and OLED Display Industry 2020 can touch a tremendous valuation of 121 billion. The market can also expect to procure a CAGR of 24% between 2020 and 2025 (assessment period). We will provide covid-19 impact analysis with the report, offering an in-depth review following the coronavirus disease outbreak.

OLED (Organic Light Emitting Diodes) is made by placing a thin film of electroluminescent organic material, PPV (polyphenylene vinylene), between two conductors possessing different work functions, one of which is transparent. OLEDs can be used for large and small area flat-panel flexible self-luminous displays in consumer electronics

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Key Player

Leading players identified by MRFR are LG Electronics Inc.(South Korea), OSRAM GmbH (Germany), Samsung Electronics Co. Ltd. (South Korea), Universal Display Corporation (U.S.), Panasonic Corporation (Japan), Microchip Technologies (U.S.), Sony Corporation (Japan), Philips Electronics (Netherlands), Corning (U.S.), and more.

Market Segmentation

LED & OLED Display Market has been considered for type, display type, display size, and end user.

The types covered in the study are active-matrix OLED (AMOLED), passive-matrix OLED (PMOLED), inorganic OLED, high brightness LED and organic LED (OLED).

LED and OLED display industry has been considered for type, display type, display size, and end user.

The types covered in the study are active-matrix OLED (AMOLED), passive-matrix OLED (PMOLED), inorganic OLED, high brightness LED and organic LED (OLED).

Regional analysis

The global market for LED & OLED displays is estimated to grow at a significant rate during the forecast period from 2017 to 2023. The geographical analysis of LED & OLED display market is done for North America, Europe, Asia Pacific, and the rest of the world. Due to higher acceptance of LED and OLED displays in consumer electronics, North America is expected to dominate the LED and OLED Display Industry during the forecast period. The growth in this region can also be attributable to the presence of established market players and growing technical base. Additionally, rapid adoption of LED & OLED displays by countries such as China and Taiwan is expected to contribute to the market share of Asia Pacific region.

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LIST OF TABLES

Table 1 LED & OLED Display Market, By Region, 2018–2023

Table 2 North America: LED & OLED Display Market, By Country, 2018–2023

Table 3 Europe: LED & OLED Display Market, By Country, 2018–2023

Table 4 Asia Pacific: LED & OLED Display Market, By Country, 2018–2023

Table 5 The Middle East & Africa: LED & OLED Display Market, By Country, 2018–2023

Continued…….

LIST OF FIGURES

FIGURE 1 Global LED & OLED Display Market Segmentation

FIGURE 2 Forecast Methodology

FIGURE 3 Porter’s Five Forces Analysis Of Global LED & OLED Display Market

FIGURE 4 Value Chain Of Global LED & OLED Display Market

FIGURE 5 Share Of LED & OLED Display Market In 2018, By Country (In %)

Continued…….

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