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The global flexible Organic Light Emitting Diode (OLED) market size reached USD 4.48 Billion in 2021 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research.
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Flexible Organic Light Emitting Diode Market Size Worth USD 99.72 Billion in 2030 www.emergenresearch.com Rapid growth of smartphone industry and increasing need to reduce thickness of display are some key factors driving market revenue growth . 2
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Market Summary The global flexible Organic Light Emitting Diode (OLED) market size reached USD 4.48 Billion in 2021 and is expected to register a revenue CAGR of 41.2% during the forecast period, according to latest analysis by Emergen Research. Rapid growth of smartphone industry and increasing need to reduce thickness of display are expected to support market revenue growth between 2022 and 2030. Additionally, increasing need for fast response time to the user will drive revenue growth of market. Increasing development of material science and technology has led to development of several flexible display devices. Rising use of flexible OLED technology in e-papers, electronic posters and labels, smart devices, and televisions are expected to drive market revenue growth during the forecast period. For instance, an OLED can theoretically have less than a 0.01-ms response time enabling a refresh rate of up to 100,000 Hz whereas LCDs are capable of between 1 and 16 ms response times leading to a refresh rate of 60 to 480 Hz. Moreover, flexible OLED also causes less eyes irritation as compared to other conventional displays. Increasing need for faster and more convenient experience combined with improved safety for users is expected to propel market revenue growth during the forecast period. Read More : https://www.emergenresearch.com/industry-report/flexible-organic-light-emitting-diode-market www.emergenresearch.com
Market Summary Some Key Findings From the Report: Active-Matrix OLED (AMOLED) segment is expected to account for a larger revenue share during the forecast period, owing to increasing need for better viewing angles and faster refresh rate for smoother interaction Curved display segment is expected to register significantly rapid CAGR during the forecast period due to increasing need for wide field of view that causes less eye irritation Smartphones segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing need for better contrast ratio and improved brightness consistency Consumer electronics segment is expected to lead in terms of revenue contribution to the global market over the forecast period due to increasing need for thinner, lighter, and more flexible devices, as well as improved image quality Request Free Sample : https://www.emergenresearch.com/request-sample/1002 www.emergenresearch.com
Market Summary Technology Outlook (Revenue, USD Billion; 2019–2030) Passive-Matrix OLED (PMOLED) Active-Matrix OLED (AMOLED) Flexibility Type Outlook (Revenue, USD Billion; 2019–2030) Curved Display Foldable Display Application Outlook (Revenue, USD Billion; 2019–2030) Lighting Smart Phones Television Monitor Wearables Others Request customization of the report @ https://www.emergenresearch.com/request-for-customization/1002
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