NEW YORK , Sept. 19, 2024 /PRNewswire/ -- Report with the AI impact on market trends- The global organic light-emitting diode market size is estimated to grow by USD 65.78 billion from 2024-2028, according to Technavio.
The market is estimated to grow at a CAGR of 18.52% during the forecast period. Increasing number of patent-related activities by market vendors is driving market growth, with a trend towards increasing adoption of oled displays in automotive sector.
However, availability of less expensive substitutes poses a challenge. Key market players include AUO Corp., BOE Technology Group Co.
Ltd., Futaba Corp., Innolux Corp.
, Japan Display Inc., Konica Minolta Inc., Kopin Corp.
, Kyocera Corp., LG Electronics Inc., Lumiotec Inc.
, Nippon Seiki Co. Ltd., OLEDWorks LLC, OSRAM Licht AG, RiTdisplay Corp.
, Samsung Electronics Co. Ltd., Sharp Corp.
, Sumitomo Chemical Co. Ltd., Tianma Microelectronics Co.
Ltd., Truly International Holdings Ltd., Universal Display Corp.
, and Visionox Co.. Key insights into market evolution with AI-powered analysis.
Explore trends, segmentation, and growth drivers- View the snapshot of this report Market Driver The automotive industry is experiencing a shift towards advanced visual technologies, with organic light-emitting diode (OLED) displays gaining significant traction. OLED technology offers vibrant colors, high contrast ratios, and exceptional color reproduction, making it an ideal choice for various in-vehicle applications. The market for O.