Energy efficiency and eco-friendly attributes associated with OLED
displays are driving its market growth globally, especially in the
developed economies – North America and Europe. OLED displays are
expected to enjoy high market penetration mainly due to the benefit of
biodegradability that they offer. Also, with increasing demand and
supply gap of electricity worldwide, OLED displays are creating a new
energy efficient method for electricity consumption. OLED displays are
known to save up to 40% of the electricity for smartphone and TV usage,
subject to the brightness and content. In addition, enhanced features
including the wider range of colors, increase in the number of times per
second a display redraws data, improved 3D adaptability, thinner
dimensions, better flexibility and transparency contributes to the
market growth of OLED displays.
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The research report on the OLED displays market is analyzed based
on major applications such as mobile phones, TV, notebooks, tablets,
digital cameras, and automotives. Among these end use application
segments, mobile phones hold the largest share in the global OLED
displays market, distantly followed by OLED TVs. However, the share of
OLED TV displays are expected to surpass the shares of mobile phone
displays by 2015, owing to the development in large sized OLED displays
and increasing acceptance of OLED technology based TVs across the
globe.
The major geographies analyzed under this research study include
North America, Europe, Asia Pacific, and Rest of the World (RoW). The
study provides forecast of the global OLED displays market considering
the factors driving and limiting the market growth and potential
opportunities for the growth of OLED displays in the global market. Asia
Pacific accounted for more than 4/5th of the overall OLED displays
market in 2012; however, with growing contribution from other regions,
its share is expected to fall below 2/3rd by 2018. The large
contribution of the Asia Pacific region primarily due to this region is
the base for major OLED manufacturers such as Samsung, Sony, RiT
Display, and Visionox among others. Europe is the fastest growing market
with a CAGR in excess of 50% from 2012 to 2018 followed by North
America.
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The report also highlights various factors that influence the
buying decision of customers and trends that determine OLED favorability
and the market attractiveness of individual end use segments. The
information provided in the research report will prove helpful for OLED
manufacturers, end use product manufacturers and distributors in
identifying markets with high potential.
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Hemendra Parmar
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Hemendra Parmar
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
sales@marketResearchReports.biz
website: http://www.marketresearchreports.biz/
Blog: http://mrrbiz.blogspot.kr/