"The Report Global Organic
Light-Emitting Diode (OLED) Materials Market 2017-2021 provides
information on pricing, market analysis, shares, forecast, and
company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz has
announced the addition of a new report, titled “Global
Organic Light-Emitting Diode (OLED) Materials Market
2017-2021”. The report on global organic light-emitting diode
materials offers comprehensive insights into the key drivers and
restraints, share and size of various segments, current trends and
emerging opportunities, and competitive dynamics. The research
analyzes key developmental factors influencing the demand for OLED
displays in various end-use industries. The study highlights key
technological advancements and evaluates their role in boosting
adopting in the consumer electronics and gaming and entertainment
industries. Recent product innovations in OLED display technologies
and their market scope are also assessed in the analysis.
The surge in adoption of OLED
displays in a variety of electronic devices, especially smartphone,
is a primary factor driving the market. The extensive use of
smartphones with advanced displays has increasingly fed the demand
for OLED materials. This is evident from the recent robust shipment
of smartphones in emerging market such as China. Several phone makers
are preferring displays made up OLED materials since they consume
less battery power and offer advanced resolution. The global market
for OLED materials is expected to rise at a CAGR of 5.71% from 2017
to 2021.
The soaring popularity of tablets
and notebooks, especially in the education sector, is expected to
boost the OLED materials market. The growing popularity of OLED
displays in televisions and the extensive use of OLED displays in the
media and broadcasting industries have catalyzed the OLED materials
market growth. Recently, various prominent TV manufacturers have gone
for OLED screen upgrades, this is expected to fuel the market.
The soaring demand for OLED
materials in virtual reality technologies in the gaming industry is
further anticipated to accentuate the market growth. Advancements in
manufacturing processes, such as modern printing technologies, is
expected to augur well for the market. Increased adoption of wireless
devices and the growing popularity of cloud-based models have
positively impacted the OLED materials market. The use of OLED
materials in the automotive industry is expected to open abundant
opportunities for market players. The growing prominence of OLED as
alternative sources of lighting in homes is likely to open up
lucrative growth avenues in the coming years.
View Press Release
http://www.marketresearchreports.biz/pressrelease/4594
Asia Pacific market is the leading
market for OLED materials and accounted for the major share in 2016.
The impressive growth of the regional market is attributed by the
large presence of key electronics companies in countries such as
India and China. Furthermore, constant advancements in the
electronics industry is anticipated to fuel the OLED materials market
in various emerging and advanced nations in Asia Pacific.
Major vendors operating in the
organic light-emitting diode materials market include Universal
Display Corporation, LG Chem, Doosan Group, Konica Minolta, Sumitomo
Chemical Co., Ltd., Merck & Co., Inc., and DuPont.
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