Organic Light Emitting Diode OLED Displays Market Report 2025 (Global Edition)

Global Organic Light Emitting Diode OLED Displays Market Report 2025 Market Size Split by Display Panel Type (Rigid, Flexible, Others), by Application (Smartphones & Tablets, Smartwatches & Wearables,...

Organic Light Emitting Diode OLED Displays Market Report Description

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Competitive Landscape of the Organic light emitting diode OLED displays Market

The competitive landscape of the OLED displays market is characterized by intense rivalry among manufacturers striving to innovate and capture market share. Factors such as technological advancements, product quality, pricing strategies, and supply chain efficiency play pivotal roles in shaping the competitive dynamics within the industry.

Organic light emitting diode OLED displays Industry News 

In March 2023, Panasonic Corporation launched its latest line-up of immersive OLED Televisions - the LZ950 series. Manufactured in India, these cutting-edge OLEDs boast state-of-the-art technology within a sleek design. Available in screen sizes of 55 inches and 65 inches, they promise the ultimate home theatre experience.

(Source: https://www.panasonic.com/in/corporate/news/articles/panasonic-further-strengthens-its-tv-portfolio-introduces-a-new-range-of-4k-oled-televisions-for-delivering-ultimate-home-entertainment-experience.html)  

Top Companies Market Share in Organic Light Emitting Diode OLED Displays Industry: (In no particular order of Rank)

• Samsung Electronics
• AU Optronics Corp
• LG Display Co Ltd
• Japan Display Inc
• Innolux Corp
• E Ink Holdings Inc
• Sharp Corp
• BOE Technology Group Co Ltd
• Corning Inc
• Visionox Corp
• Emerson Electric Co
• Planar
• Panasonic Corp
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of Organic light emitting diode OLED displays Market

Which Region Dominates the Organic light emitting diode OLED displays Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue due to several factors. Firstly, the region's strong economic growth and high disposable income levels drive consumer demand for premium electronic devices equipped with OLED displays. Secondly, the presence of leading technology companies and extensive research and development efforts contribute to continuous innovation in OLED technology, enhancing product offerings and stimulating market growth. Additionally, the rising adoption of OLED displays in various applications such as smartphones, TVs, and automotive displays further propels sales in the region. Lastly, favourable government regulations and consumer preferences for high-quality visual experiences further bolster market expansion in North America.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is the fastest-growing region. Firstly, the region is home to several major manufacturing hubs, benefiting from cost-effective production processes and a skilled labour force, driving down manufacturing costs and making OLED displays more accessible to consumers. Secondly, the burgeoning middle-class population in countries like China and India, coupled with increasing urbanization and rising disposable incomes, fuels demand for electronic devices equipped with OLED displays. Additionally, the proliferation of smartphones, tablets, and televisions in the region further boosts sales. Moreover, supportive government policies and incentives for technological innovation and investment contribute to the region's growth as a leading market for OLED displays.

The current report Scope analyzes Organic Light Emitting Diode OLED Displays Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Organic Light Emitting Diode OLED Displays Market

According to Cognitive Market Research, the global organic light emitting diode OLED displays market size was estimated at USD 39154.2 Million out of which North America held the major market of around 40% of the global revenue with a market size of USD 15661.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 12.7% from 2024 to 2031. The sales of OLED displays in North America are set to surge due to several factors. The increasing adoption of OLED technology in automotive displays enhances user experience and boosts sales in the region's thriving automotive sector. Additionally, the trend towards eco-friendly products aligns with OLED's energy-efficient nature, further stimulating demand. Moreover, collaborations between tech giants and OLED manufacturers foster innovation and expand market reach. In North America, smartphones and tablets hold the highest market share, driven by consumers' preference for high-quality mobile devices with vibrant OLED screens.

Country Analysis

• According to Cognitive Market Research, The United States organic light emitting diode OLED displays market had a market share of USD 12,357.07 million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. Sales of OLED displays in the U.S. will increase due to high demand for premium smartphones and TVs, technological advancements, and the growing adoption of OLED technology in automotive displays.
• Canada organic light emitting diode OLED displays market had a market share of USD 1,879.40 million in 2024 and is projected to grow at a CAGR of 13.5% during the forecast period. In Canada, OLED display sales will rise driven by increasing consumer preference for energy-efficient electronics, government initiatives promoting OLED adoption, and the expanding market for wearable devices with OLED screens.
• Mexico organic light emitting diode OLED displays market had a market share of USD 1,425.21 million in 2024 and is projected to grow at a CAGR of 13.2% during the forecast period.

Europe Organic Light Emitting Diode OLED Displays Market

According to Cognitive Market Research, with a market value of USD 39154.2 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031. Europe accounted for a share of around 30% of the global market size of USD 11746.26 million. Europe's OLED displays market is poised for growth due to various reasons. Firstly, stringent regulations promoting energy-efficient technologies drive the adoption of OLED displays in the region. Secondly, the rise of smart city initiatives fuels demand for OLED-equipped digital signage systems and lighting solutions. Additionally, the increasing focus on sustainable manufacturing practices boosts the production of OLED displays in Europe. Moreover, collaborations between OLED manufacturers and fashion brands lead to the integration of flexible OLEDs in wearable technology. In Europe, AMOLED holds the highest market share, favoured for its vibrant colours and energy efficiency, particularly in premium smartphones and televisions.

• The United Kingdom organic light emitting diode (OLED) displays market had a market share of USD 1,973.37 million in 2024 and is projected to grow at a CAGR of 13.8% during the forecast period. In the UK, OLED display sales will surge due to rising demand for eco-friendly technologies, collaborations between OLED manufacturers and British retailers, and the integration of OLEDs in smart home automation systems.
• France organic light emitting diode (OLED) displays market had a market share of USD 1,080.66 million in 2024 and is projected to grow at a CAGR of 12.2% during the forecast period.
• Germany organic light emitting diode (OLED) displays market had a market share of USD 2,325.76 million in 2024 and is projected to grow at a CAGR of 13.2% during the forecast period. Germany's OLED display sales will increase owing to the country's leadership in automotive manufacturing, demand for OLED-equipped luxury vehicles, and government incentives promoting energy-efficient lighting solutions featuring OLED technology.
• Italy organic light emitting diode (OLED) displays market had a market share of USD 1,010.18 million in 2024 and is projected to grow at a CAGR of 12.4% during the forecast period.
• Russia organic light emitting diode (OLED) displays market had a market share of USD 1,820.67 million in 2024 and is projected to grow at a CAGR of 12.0% during the forecast period.
• Spain organic light emitting diode (OLED) displays market had a market share of USD 963.19 million in 2024 and is projected to grow at a CAGR of 12.1% during the forecast period.
• Luxembourg organic light emitting diode (OLED) displays market had a market share of USD 364.13 million in 2024 and is projected to grow at a CAGR of 13.1% during the forecast period.
• Portugal organic light emitting diode (OLED) displays market had a market share of USD 246.67 million in 2024 and is projected to grow at a CAGR of 12.8% during the forecast period.
• Greece organic light emitting diode (OLED) displays market had a market share of USD 140.96 million in 2024 and is projected to grow at a CAGR of 13.3% during the forecast period.
• Rest of Europe organic light emitting diode (OLED) displays market had a market share of USD 1,820.67 million in 2024 and is projected to grow at a CAGR of 11.7% during the forecast period.

 

Asia Pacific Organic Light Emitting Diode OLED Displays Market

According to Cognitive Market Research, the global organic light emitting diode OLED displays market size was estimated at USD 39154.2 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 9005.47 million in 2024 and will grow at a compound annual growth rate (CAGR) of 16.5% from 2024 to 2031. The Asia Pacific region is witnessing a surge in OLED display sales driven by several factors. The growing popularity of virtual reality and augmented reality applications spurs the adoption of high-resolution OLED displays. Additionally, the increasing investment in smart infrastructure projects across the region drives demand for OLED digital signage systems. Moreover, Asia Pacific's leadership in flexible OLED production fosters innovation and cost reductions. In the Asia Pacific, smartphones and tablets hold the highest market share, driven by the region's tech-savvy population and demand for premium mobile devices with OLED displays.

• According to Cognitive Market Research, China organic light emitting diode (OLED) displays market had a market share of USD 4,052.46 million in 2024 and is projected to grow at a CAGR of 16.0% during the forecast period. Sales of OLED displays in China will soar due to the country's dominance in consumer electronics manufacturing, the growing middle-class population, and investments in OLED research and development to drive technological innovation.
• Japan organic light emitting diode (OLED) displays market had a market share of USD 1,242.75 million in 2024 and is projected to grow at a CAGR of 15.0% during the forecast period.
• India organic light emitting diode (OLED) displays market had a market share of USD 1,080.66 million in 2024 and is projected to grow at a CAGR of 18.3% during the forecast period. India's OLED display sales will rise driven by the country's burgeoning smartphone market, increasing disposable incomes, and government initiatives promoting domestic manufacturing of electronic devices with OLED screens.
• South Korea organic light emitting diode (OLED) displays market had a market share of USD 900.55 million in 2024 and is projected to grow at a CAGR of 15.6% during the forecast period.
• Australia organic light emitting diode (OLED) displays market had a market share of USD 468.28 million in 2024 and is projected to grow at a CAGR of 16.2% during the forecast period.
• South East Asia organic light emitting diode (OLED) displays market had a market share of USD 621.38 million in 2024 and is projected to grow at a CAGR of 17.5% during the forecast period.
• Rest of Asia Pacific organic light emitting diode (OLED) displays market had a market share of USD 639.39 million in 2024 and is projected to grow at a CAGR of 16.3% during the forecast period.

 

South America Organic Light Emitting Diode OLED Displays Market

According to Cognitive Market Research, the global organic light emitting diode OLED displays market size was estimated at USD 39154.2 Million out of which Latin America market of around 5% of the global revenue with a market size of USD 1957.71 million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.9% from 2024 to 2031. Latin America's OLED displays market is experiencing robust growth due to various factors. The region's expanding middle-class population drives demand for consumer electronics, including smartphones and televisions equipped with OLED displays. Additionally, the increasing investment in entertainment venues and retail spaces drives demand for OLED digital signage systems. Moreover, partnerships between OLED manufacturers and local governments promote the use of OLED lighting solutions in urban development projects. In Latin America, smart watches and wearable’s hold the highest market share, driven by the region's fitness-conscious population and demand for stylish, feature-rich wearable devices with OLED screens.

• According to Cognitive Market Research, Brazil organic light emitting diode (OLED) displays market had a market share of USD 837.90 million in 2024 and is projected to grow at a CAGR of 14.5% during the forecast period. In Brazil, OLED display sales will increase due to the country's growing automotive industry, demand for OLED-equipped smartphones and televisions, and partnerships between OLED manufacturers and Brazilian retailers.
• Argentina organic light emitting diode (OLED) displays market had a market share of USD 328.90 million in 2024 and is projected to grow at a CAGR of 14.8% during the forecast period. Argentina's OLED display sales will surge owing to increasing investments in infrastructure projects, rising consumer demand for high-quality entertainment systems, and the integration of OLED technology in urban development initiatives.
• Colombia organic light emitting diode (OLED) displays market had a market share of USD 174.24 million in 2024 and is projected to grow at a CAGR of 13.7% during the forecast period.
• Peru organic light emitting diode (OLED) displays market had a market share of USD 160.53 million in 2024 and is projected to grow at a CAGR of 14.1% during the forecast period.
• Chile organic light emitting diode (OLED) displays market had a market share of USD 140.96 million in 2024 and is projected to grow at a CAGR of 14.2% during the forecast period.
• Rest of Latin America organic light emitting diode (OLED) displays market had a market share of USD 315.19 million in 2024 and is projected to grow at a CAGR of 13.0% during the forecast period.

 

Middle East and Africa Organic Light Emitting Diode OLED Displays Market

According to Cognitive Market Research, the global organic light emitting diode OLED displays market size was estimated at USD 39154.2 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 783.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 14.2% from 2024 to 2031. The Middle East and Africa (MEA) region's OLED displays market is poised for significant growth due to various factors. The region's growing hospitality sector drives demand for OLED displays in luxury hotels and resorts. Moreover, partnerships between OLED manufacturers and government agencies promote the use of OLED technology in smart city initiatives. In the MEA region, digital signage systems hold the highest market share, driven by the region's investment in smart infrastructure projects and demand for visually stunning advertising displays.

• According to Cognitive Market Research, GCC Countries organic light emitting diode (OLED) displays market had a market share of USD 335.16 million in 2024 and is projected to grow at a CAGR of 15.0% during the forecast period. Sales of OLED displays in GCC countries will increase due to the region's focus on sustainable development, demand for energy-efficient lighting solutions, and the implementation of OLED technology in luxury hospitality projects.
• Egypt organic light emitting diode (OLED) displays market had a market share of USD 82.22 million in 2024 and is projected to grow at a CAGR of 14.5% during the forecast period.
• South Africa organic light emitting diode (OLED) displays market had a market share of USD 123.73 million in 2024 and is projected to grow at a CAGR of 15.2% during the forecast period. In South Africa, OLED display sales will rise driven by the country's growing urbanization, demand for premium smartphones with OLED screens, and the integration of OLED technology in healthcare facilities to enhance patient care.
• Turkey organic light emitting diode (OLED) displays market had a market share of USD 67.35 million in 2024 and is projected to grow at a CAGR of 13.7% during the forecast period.
• Nigeria organic light emitting diode (OLED) displays market had a market share of USD 82.22 million in 2024 and is projected to grow at a CAGR of 13.3% during the forecast period.
• Rest of MEA organic light emitting diode (OLED) displays market had a market share of USD 92.40 million in 2024 and is projected to grow at a CAGR of 13.2% during the forecast period.

Organic Light Emitting Diode OLED Displays Market Analysis

Organic light emitting diode OLED displays Display Panel Type Segment Analysis

According to Cognitive Market Research, flexible held the major market share over the forecast period due to their versatility, enabling innovative designs in smartphones, wearable’s, and other devices. Additionally, the growing demand for foldable and roll able displays drives market growth. Furthermore, the durability and lightweight nature of flexible OLEDs make them appealing for various applications, including automotive displays and signage systems.

Rigid is the fastest-growing category over the forecast period due to their suitability for traditional applications such as TVs and computer monitors. Additionally, advancements in manufacturing processes have improved the cost-effectiveness of rigid OLED panels, making them more attractive to consumers. Furthermore, the high-quality visual experience offered by rigid OLED displays, including vibrant colours and deep blacks, drives adoption in premium electronic devices, contributing to sales growth.

• Rigid
• Flexible
• Others

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Organic Light Emitting Diode OLED Displays Industry. Request a Free Sample PDF!

Organic light emitting diode OLED displays Display Panel Segment Analysis

According to Cognitive Market Research, smartphones & tablets hold a prominent market share due to several factors. Firstly, the continuous innovation in smartphone technology drives the integration of OLED displays, offering consumers vibrant colors and higher resolution screens. Secondly, the increasing demand for immersive multimedia experiences and gaming on mobile devices fuels the adoption of OLED displays. Additionally, the trend towards bezel-less designs and curved screens in smartphones further boosts sales of OLED panels.

Smart watches & wearable is the fastest-growing category over the forecast period, owing to various reasons. Firstly, the increasing health and fitness awareness among consumers drives the demand for wearable devices equipped with OLED displays, facilitating real-time health monitoring and notifications. Secondly, the compact size and energy efficiency of OLED screens make them ideal for wearable gadgets, extending battery life and enhancing user experience. Furthermore, the trend towards sleek and stylish wearable designs favours the adoption of OLED technology, contributing to sales growth in this segment.

• Smartphones & Tablets
• Smartwatches & Wearables
• Television & Digital Signage Systems
• Others

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Organic Light Emitting Diode OLED Displays Technology Segment Analysis

According to Cognitive Market Research, AMOLED hold a prominent market share due to their widespread adoption in smartphones, TVs, and other electronic devices. The technology offers advantages such as high refresh rates, vibrant colours, and energy efficiency, appealing to manufacturers and consumers alike. Additionally, advancements in manufacturing processes have led to cost reductions, making AMOLED displays more affordable. Furthermore, the increasing demand for premium-quality visual experiences drives the market growth for AMOLED panels.

PMOLED is the fastest-growing category over the forecast period due to several factors. Firstly, the technology's simplicity and lower manufacturing costs make it attractive for applications such as wearable devices, small electronic appliances, and automotive displays. Secondly, PMOLEDs offer advantages such as high contrast ratios, wide viewing angles, and faster response times, enhancing user experience in various applications. Additionally, the increasing adoption of PMOLEDs in emerging markets and niche segments further fuels sales growth.

• AMOLED
• PMOLED

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Vinayak Bali

Senior Research Analyst at Cognitive Market Research

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