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The global organic light emitting diode market size will grow by USD 22.41 billion during 2019-2023. This market report provides a detailed analysis of the market by type (rigid OLED and flexible OLED), product (OLED display and OLED lighting), and geography (Americas, APAC, and EMEA).
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The global organic light-emitting diode (OLED) market is expected to post a CAGR of more than 14% during the period 2019-2023, according to the latest market research report by Technavio. However, the growth momentum will decelerate in the coming years because of the decrease in year-over-year growth. Looking for more information on this market?Request a free sample report These advantages of digital signage make it a better alternative when compared to other advertising media such as posters and banners. Moreover, vendors are adopting interactive touch displays to enhance user experience. OLED displays are lighter, thinner, more flexible, and emit brighter colors than other existing display technologies such as LCDs. Thus, the growing popularity of digital signage applications will fuel the OLED market growth during the forecast period. As per Technavio, the increasing adoption of OLED displays in the automotive sector will have a positive impact on the market and contribute to its growth significantly over the forecast period. This global organic light-emitting diode (OLED) market 2019-2023 research report also analyzes other important trends and market drivers that will affect market growth over 2019- 2023. Global Organic Light-Emitting Diode (OLED) Market: Increasing Adoption of OLED Displays in the Automotive Sector The automotive industry is exploring the potential applications of OLED displays. OLED displays consume less energy and provide wide viewing angles, thus making them ideal for automotive infotainment applications. Thus, many vendors are showcasing the latest automotive OLED displays, which is expected to increase its popularity in the coming years. Thus, the increasing adoption of in-vehicle infotainment systems and the growing popularity of OLED displays will boost the OLED market size during the forecast period. Global Organic Light-Emitting Diode (OLED) Market: Segmentation Analysis This market research report segments the global organic light-emitting diode (OLED) market by type (rigid OLED, and flexible OLED), product (OLED display, and OLED lighting), and geographic regions (APAC, the Americas, and EMEA). The APAC region led the organic light-emitting diode (OLED) market in 2018, followed by the Americas, and EMEA, respectively. The growth of the organic light-emitting diode (OLED) market in APAC can be attributed to several factors such as the growing demand for consumer electronics devices, the presence of established vendors, the entry of new players, and the introduction of innovative products. Some of the key topics covered in the report include: Market Landscape Market ecosystem Market characteristics Market segmentation analysis Market Sizing • • •
Market definition Market size and forecast Five Forces Analysis • • Market Segmentation Geographical Segmentation Regional comparison Key leading countries Market Drivers • • Market Challenges Market Trends Vendor Landscape Vendors covered Vendor classification Market positioning of vendors Competitive scenario • • • • Browse full Report - http://bit.ly/2nrq5Og