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Gobal OLED Display market is expected to reach 63.98 million USD by 2025

Author: QYResearch | Publish date: 2018-04-27 | Views: 22
The global OLED Display market is valued at 20.76 million USD in 2017 and is expected to reach 63.98 million USD by the end of 2025, growing at a CAGR of 15.11% between 2017 and 2025. Worldwide increasing energy demand created high consumption in industrial and commercial end-use is a key growth driving factor for the industry.

OLED Display is a coherent part of globally rising commercial end-use industry. This end-use will foresee a high traction globally due to growing hospitality industry in North America and APAC region. This phenomenon is expected to increase demand in next eight years.


The traditional screen display technologies are LCD and OLED, but the display principle is completely different. LCD adopts the backlight panel, which is used to block the backlight in front of the backplate, forming different brightness points, and then combining the filter color film to realize the color display; OLED is made of small glowing materials that are stimulated by current.


LCD should block the backlight, but the backlight cannot be completely blocked. When the black screen is displayed, it will leak out certain light so that LCD display will get great real.  OLEDs are active emitting light, and the black screen can be turned off, so the contrast is much higher. Therefore, OLED screens are more vivid than LCDs.


In the color field, LCD is generated by color filter, and the color field is limited. Therefore, the color of the common LCD phone screen is also relatively weak, which usually can only be 70%~80% of the standard color range of NTSC. OLED can easily exceed 100%, showing a more beautiful color.  In response time, OLEDs switch faster and have better results.

 

Global OLED Display Market Research Report 2017 report released by QYResearch provides a basic overview of the OLED Display industry players, regions, product types and end industries; this report analyzes the top players in global and United States market and splits the OLED Display market by product type and applications/end industries.


Click to view the full report: https://www.qyresearch.com/index/detail/264694/global-oled-display-panel-sales-market



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