The Organic Light-Emitting Diode Lighting market touched xxx million USD with a CAGR xx % from 2015-2019 around the world. In the future, it is predicted to reach xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Organic light emitting diode (OLED) are electronic devices which emits light when an external electrical voltage is applied to it. Organic light emitting diode uses thin film organic electroluminescent materials, these material emit light when stimulated by electricity, and each pixel can change its state instantly. Organic light emitting diode have the exclusive properties such as lightweight, flexibility, transparency and color tuning ability that makes them an ideal modern light source. Organic light emitting diode (OLED) have advantages over traditional LED in terms of good contrast ratio, good viewing angles, good motion blur pictures and fast response time.
One of the major factors responsible for the increasing demand for the organic light-emitting diode (OLEDs) is the growing number of initiatives from governments and consumers to the reduce energy consumption and adopt power-saving lighting solutions as OLEDs are efficient in terms of lighting and power consumption.
Also, OLEDs emit much lower levels of carbon as compared with their counterparts and solves the issue pertaining to the escalating energy cost and consumption. According to the industry research report, OLED bulbs are more durable than incandescent bulbs by up to thousands of hours while the OLED technology is extremely flexible and increases the potential for saving by effective use of lighting controls.
s the report focuses on global Organic Light-Emitting Diode Lighting market, mainly in Europe and Asia Pacific, North America, Middle East and Africa, and South America. This report segmented the market on the basis of regions, manufacturers, applications, and type.
in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report.
In global market, the following companies are covered:
Osram
Koninklijke Philips
LG Display
GE Lighting
Oledworks
Toshiba
First O-Lite
Lumiotec
NEC Lighting
Pioneer
Panasonic
Market Segment by Product Type
Monochrome
Multi Color
Full Color
Market Segment by Application
Architectural
Residential
Automotive
Hotel
Other
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
Apart from the drivers, restraints, and opportunities, the report also offers competitive landscape, including various growth strategies adopted by profiled players for establishing significant position in the industry. The segmentation included in the comprehensive report will help respectable manufacturers to set up their processing units in the regions and increase their global presence. This would also benefit the industry and increase the company\'s product portfolio.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Organic Light-Emitting Diode Lighting market for the forecast period 2020 - 2025?
• What are the driving forces in the Organic Light-Emitting Diode Lighting market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Organic Light-Emitting Diode Lighting industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?