PUBLISHER: The Business Research Company | PRODUCT CODE: 1923951
PUBLISHER: The Business Research Company | PRODUCT CODE: 1923951
Organic light-emitting diodes (OLEDs) are solid-state monolithic devices composed of multiple organic thin films layered between two thin-film conducting electrodes. OLEDs are employed in display and lighting applications due to their ability to produce bright, vibrant colors and deep blacks. Their energy efficiency, flexibility, and potential for manufacturing as thin panels make them ideal for a wide range of devices, offering superior viewing angles.
The primary products stemming from OLED technology are displays and lighting. OLED displays stand out by not requiring a backlight, generating their own light source. This characteristic contributes to superior picture quality, reduced power consumption, albeit at a higher cost. Various technologies are employed, including Active-matrix OLED (AMOLED), passive-matrix OLED (PAMOLED), foldable OLED, white OLED, and transparent OLED. These OLED technologies cater to rigid, flexible, and other display panels utilized across diverse industries, such as consumer electronics, automotive, retail, industrial, commercial, aerospace and defense, healthcare, among others. The broad spectrum of applications underscores the adaptability and widespread adoption of OLED technology in multiple sectors.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have influenced the oled market by increasing costs for imported organic materials, thin-film deposition equipment, driver ICs, and specialized substrates required for display and lighting production. Regions such as Asia-Pacific, Europe, and North America experience cost pressures and extended lead times, particularly for flexible and high-resolution panels. Despite challenges, tariffs are prompting investments in regional OLED fabrication, greater localization of material supply chains, and innovation in cost-effective OLED manufacturing processes aimed at improving long-term market competitiveness.
The OLED research report is one of a series of new reports from The Business Research Company that provides OLED market statistics, including the OLED industry's global market size, regional shares, competitors with OLED market share, detailed OLED market segments, market trends and opportunities, and any further data you may need to thrive in the OLED industry. This OLED market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The organic light emitting diode (oled) market size has grown rapidly in recent years. It will grow from $52.8 billion in 2025 to $59.14 billion in 2026 at a compound annual growth rate (CAGR) of 12.0%. The growth in the historic period can be attributed to early adoption in smartphone displays, reliance on thin-film organic materials, initial deployment in premium televisions, expansion of oled signage applications, growth in automotive interior lighting.
The organic light emitting diode (oled) market size is expected to see rapid growth in the next few years. It will grow to $94.93 billion in 2030 at a compound annual growth rate (CAGR) of 12.6%. The growth in the forecast period can be attributed to rising demand for foldable oled displays, increasing adoption of transparent oled panels, development of high-efficiency white oled lighting, expansion of wearable oled devices, growing use of oleds in medical and industrial imaging. Major trends in the forecast period include adoption of advanced oled display technologies, development of energy-efficient oled lighting, expansion of oleds in electric mobility displays, integration of intelligent manufacturing for oled panels, growth of IoT-connected oled applications.
The OLED market is expected to experience growth due to increasing demand from the automotive industry. The automotive sector, encompassing the design, development, manufacturing, marketing, and sale of motor vehicles, has seen a rising utilization of OLEDs for their self-illuminating properties, providing vibrant colors, deep blacks, and wide viewing angles in applications such as instrument clusters, navigation systems, and infotainment screens. For instance, in February 2023, sales data from MotorCycles Data indicated a 4.9% increase in sales for Honda Motor Co., Ltd., a prominent Japanese automobile and motorcycle manufacturing company, reaching 17.6 million units with a 29.4% market share worldwide. This surge in demand from the automotive industry contributes significantly to the growth of the OLED market.
Major companies operating in the organic light emitting diode market are focusing on developing innovative solutions such as in-vehicle infotainment (IVI) display upgrades to enhance the driver experience, improve visual clarity, and integrate energy-efficient, high-resolution OLED screens into modern automobiles. In-vehicle infotainment (IVI) display upgrade refers to the enhancement of a vehicle's built-in multimedia and information system with advanced screens, such as OLED panels, to deliver higher resolution, better color quality, and improved functionality for navigation, entertainment, and connectivity. For instance, in April 2023, Ferrari, an Italy-based luxury sports car manufacturer, partnered with Samsung Display, a South Korea-based electronics company, to integrate Samsung's OLED panels into upcoming vehicle models. This collaboration enables Ferrari to upgrade in-car displays with vibrant visuals, enhanced energy efficiency, and advanced design flexibility, elevating the overall user experience.
In May 2023, eMagin, a US-based microOLED display company, signed a definitive merger agreement with Samsung Display to advance microOLED technology development and broaden its global market presence. The merger aims to combine eMagin's expertise in microOLED displays with Samsung Display's advanced OLED manufacturing capabilities to drive innovation and promote the adoption of high-resolution displays in augmented reality (AR), virtual reality (VR), and wearable devices. Samsung Display is a South Korea-based electronics company specializing in OLED and advanced display technologies.
Major companies operating in the organic light emitting diode (oled) market are Panasonic Corporation, Toshiba Corporation, BOE Technology Group Co. Ltd., LG Display Co. Ltd., Corning Incorporated, DuPont de Nemours Inc., AUO Corporation, Tianma Microelectronics Co. Ltd., Japan Display Inc., Truly Semiconductors Ltd, OSRAM Licht AG, Universal Display Corporation, Everdisplay Optronics (Shanghai) Co. Ltd., Futaba Corporation, Royole Corporation, Wisechip Semiconductor Inc., Kopin Corporation, Winstar Display Co. Ltd., OLEDWorks LLC, Newhaven Display International Inc, FlexEnable Limited, Luminescence Technology Corp., General Digital Corporation, Raystar Optronics Inc, Pixelligient Technologies LLC, Lumiotec Inc., Dresden Microdisplay GmbH, Samsung Display Co. Ltd.
North America was the largest region in the OLED market in 2025. The regions covered in the organic light emitting diode (oled) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the organic light emitting diode (oled) market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The OLED market includes revenues earned by providing services such as device management, content services, software updates, repair, and maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. The OLED market also includes sales of watches, notebooks, tablets, automobile displays, advertising displays, and virtual reality (VR) headsets. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Organic Light Emitting Diode (OLED) Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses organic light emitting diode (oled) market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for organic light emitting diode (oled) ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The organic light emitting diode (oled) market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
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