OLEDs are organic light emitting diodes which use organic materials to produce light. The organic material is packed between conductors which are lit up when electricity is passed through it. OLED display units contain many such thin films of several types of organic molecules that produce various colors of light. OLEDs do not require backlights and filters unlike LCDs since the light emitted is bright enough for display. OLED display units include multiple layers of organic films depending upon the device’s requirements. The Global OLED Display market is nearing commercialization and is expected to grow at a high rate during the forecast period.
Analysts forecast the Global OLED Display market to grow at a CAGR of 36.7 percent over the period 2013-2018.
The Report recognizes the following companies as the key players in the Global OLED Display Market: RiTdisplay Corp., Samsung Display, Tohoku Pioneer Corp. and Visionox Display Corp.
Other Prominent Vendors in the market are: AU Optronics, Futaba, LG Display, Nippon Seiki and OSD Display.
Increased adoption of OLEDs in large-screen displays is one key trend emerging in this market. Because the average selling price of OLED displays is decreasing, manufacturers are adopting this technology across large-screen displays such as TVs, PCs, and PIDBs.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global OLED Display market for the period 2014-2018. To calculate the market size, the report considers revenue generated from the sales of OLED displays used in the following devices:
Mobile Devices (Smartphones, Tablets, and other mobile devices)TVsPCs, Laptops, and DesktopsPIDBsOthers (game consoles, audio/video players, automobiles, other consumer electronic appliances)
It also presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Global OLED Display market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends that are emerging in the market.
Global OLED Display Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global OLED Display market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers in the market is the inherent advantages of OLED displays such as low power consumption, eco-friendliness, bright picture, and flexibility which have prompted manufacturers to adopt OLED technology across various devices.
Further, the report states that one of the key challenges in this market is the high costs associated with the production of OLED displays. The technology used in the production of OLED displays is highly complicated, thereby adding to the overall production cost.
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