Home > Semiconductors & Electronics > Lighting > LED > OLED Market

OLED Market Share

Report ID: GMI12386
Published Date: Nov 2024
Report Format: PDF

Download Free Sample

OLED Market Share

LG Display is a leading player in the OLED industry, renowned for its innovative display technologies and extensive portfolio. The company specializes in manufacturing OLED panels for various applications, including televisions, smartphones, and automotive displays. LG Display’s commitment to research and development has positioned it as a pioneer in large-screen OLED technology, offering superior picture quality, vibrant colors, and energy efficiency. With strategic partnerships and a robust global supply chain, LG Display continues to expand its reach, driving the adoption of OLED technology in the consumer electronics market and beyond.

Samsung Display is a dominant force in the OLED industry, leveraging its advanced manufacturing capabilities and cutting-edge technology. As a key supplier of OLED panels for smartphones, tablets, and televisions, Samsung Display is recognized for its innovation in flexible and foldable display technologies. The company’s OLED solutions deliver outstanding color accuracy, brightness, and energy efficiency, making them highly sought after by major device manufacturers. With a strong focus on research and development, Samsung Display continually enhances its product offerings, solidifying its leadership position in the competitive display market and driving the widespread adoption of OLED technology across various industries.

OLED Market Companies

Major players operating in the OLED industry are:

AU Optronics (AUO)
BOE Technology Group
CSOT (China Star Optoelectronics Technology)
Japan Display Inc. (JDI)
LG Display
Samsung Display
Visionox

Authors: Suraj Gujar, Saptadeep Das

Frequently Asked Questions (FAQ) :

The global market size for OLED was valued at approximately USD 50.8 billion in 2023 and is expected to reach around USD 157.9 billion by 2032, driven by a CAGR of 13.7% from 2024 to 2032.

The AMOLED segment is projected to reach a value of USD 60 billion by 2032, driven by its superior contrast, deeper blacks, and vibrant colors.

The North America market accounted for a share of 32.3% of the global market in 2023, driven by its robust ecosystem of innovative companies, research institutions, and advanced manufacturing capabilities.

Major players in the industry include AU Optronics (AUO), BOE Technology Group, CSOT (China Star Optoelectronics Technology), Japan Display Inc. (JDI), LG Display, Samsung Display, and Visionox.