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US OLED Market to Reach $22.22 Billion by 2030: Valued at $12.80 Billion in 2023, Growing at an 8.2% CAGR

08-13-2024 10:34 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

US OLED Market

US OLED Market

Anticipated Growth in Revenue:

US OLED market size was valued at USD 12.80 Bn. in 2023 and the total US OLED market size is expected to grow at a CAGR of 8.2% from 2024 to 2030, reaching nearly USD 22.22 Bn. by 2030.

US OLED Market Overview:

OLED technology has been designed for use in TVs, computer monitors, laptops, smartphones, and tablets, as a flat panel display technology. OLED is short for Organic Light Emitting Diode and creates light through the use of an electric current across a thin organic material layer. It leads to a high contrast ratio, broad viewing angles, and low energy usage in comparison to LCD and other display technologies. The US OLED industry is driven by the growing demand for OLED televisions, valued for their viewing angles and black levels. The increasing use of OLED panels in foldable smartphones contributes to US OLED market growth.



Major Key players like Apple and Samsung use OLED screens in their top-selling devices, like iPhones and Galaxy phones, which boost their overall sales revenue significantly. The TV market is experiencing strong demand, with brands such as LG and Sony selling OLED TVs known for their high-quality images and stylish designs, attracting consumers in search of top-tier home entertainment setups. And entertainment systems to improve the auto sector is incorporating OLED tech in car dashboard's looks and features. The revenue potential of the market continues to increase as OLED applications grow in digital signage and healthcare, driven by ongoing technological advancements and strong consumer interest.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐…๐ซ๐ž๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐จ๐Ÿ ๐Ž๐ฎ๐ซ ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ:https://www.stellarmr.com/report/us-oled-market/2310

What are US OLED Market Dynamics?

Rising demand for TV display panels, as well as the incorporation of OLED displays in smartphones, digital signage, and automotive industries, all of which contribute to the US OLED market's growth. Many key vendors, such as LG and Samsung, have manufacturing facilities in several factors, such as growing consumer interest in top-notch display technology. Improvements in OLED production, and the broadening of OLED applications across different sectors, are propelling the OLED market in the United States. The demand is largely driven by consumer electronics like smartphones, TVs, and wearable products, as OLED displays offer superior image quality, flexibility, and energy efficiency.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐€๐›๐จ๐ฎ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž + ๐†๐ซ๐š๐ฉ๐ก๐ฌ ๐‡๐ž๐ซ๐ž:https://www.stellarmr.com/report/req_sample/us-oled-market/2310

What is US OLED Market Regional Insight?

Telematics has proven to be a game changer in the mining business. Sensors connected to the internet of things (IoT) provide feedback to the fleet management, reducing downtime due to faults and assisting in maintenance planning. Companies are continuously searching for process optimization in an increasingly competitive market across all industries, which has boosted the demand for automation in the mining industry. Drones are being utilised to investigate and monitor mines. Drones guarantee that areas are clear prior to explosions, track post-blast odors, and enhance overall site safety. BHP (Australia) has been employing drones for surveillance at its Australian operations. In the mining business, automation and teleportation technologies considerably boost productivity and efficiency.

What is US OLED Market Segmentation?

By Type

Display
Lighting
By Technology

Passive-Matrix OLED (PMOLED)
Active-Matrix OLED (AMOLED)
Transparent OLED
Top-Emitting OLED
Foldable OLED
White OLED
By End Use

Consumer Electronics
Automotive
Retail
Aerospace & Defence
Healthcare

๐…๐‘๐„๐„ ๐†๐ž๐ญ ๐š ๐‚๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ! https://www.stellarmr.com/report/req_sample/us-oled-market/2310

Some of the current players in the US OLED Market are:

Universal Display Corporation
Acuity Brands Lighting Inc.
OLEDWorks LLC
Others

Key Offerings:

Past Market Size and Competitive Landscape
US OLED Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
US OLED Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

Explore our top-performing reports on the latest trends:

Graphene Market https://www.stellarmr.com/report/Graphene-Market/109

Spinning Machinery Market https://www.stellarmr.com/report/Spinning-Machinery-Market/201

US OLED Market https://www.stellarmr.com/report/Mining-Equipment-Market/258

Laptop Market https://www.stellarmr.com/report/Laptop-Market/2107

Contact Stellar Market Research:
S.no.8, h.no. 4-8 Pl.7/4 Kothrud
Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
+91 9607365656

About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage

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