Europe Organic LED Market Analysis and Forecast, 2020-2021 & Forecast to 2026 - Focus on Germany, UK, France, Russia, Spain, & Italy - ResearchAndMarkets.com

The "Europe Organic LED Market By Product Type, By Technology, By End User, By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

The Europe Organic LED Market is expected to witness market growth of 15.9% CAGR during the forecast period (2020-2026).

OLED is also termed as organic light-emitting diode. It is considered as a flat light-emitting diode technology created by putting thin organic films between two conductors. OLED is the prominent lighting and display technology that is able to provide power efficiency lighting.

This technology is better in comparison to fluorescent tubes and incandescent bulbs. OLED technology helps the end-users to develop flexible display and lighting panels. Moreover, the OLED displays offer a superior image quality, durability, and have a less consumption rate in comparison to LCD displays.

OLED technology is gaining high adoption and is expected to grow more in the display and lighting market in the next few years. Presently, OLED technology is in its developmental phase; though, with the emerging technological advancements, it will soon acquire a considerable position. On the basis of the features provided by the OLED technology, it is highly preferable among consumers. Few benefits of the OLED technology are less power consumption, improved efficiency, superior image quality, and flexibility.

Moreover, the market is expected to be boosted by the surge in awareness among end-users and growing demand for environment friendly lighting products. On the other hand, the growth of the OLED market is expected to be hampered by the high cost of OLED technology. Technological developments is expected to assist the OLED light manufacturing enterprises to cut down the overall cost of manufacturing an OLED.

The Germany market dominated the Europe Transparent OLED Market by Country 2019, growing at a CAGR of 16 % during the forecast period. The UK market is exhibiting a CAGR of 16.3% during (2020 - 2026). Additionally, The France market is anticipated to witness a CAGR of 18% during (2020 - 2026).

The Consumer Electronics market dominated the Spain Organic LED Market by End User 2019, thereby, achieving a market value of $489.8 million by 2026. The Automotive market is estimated to grow at a CAGR of 16.3% during (2020 - 2026). The Industrial market is showcasing a CAGR of 19.6% during (2020 - 2026). Additionally, The Commercial market is expected to witness a CAGR of 19.8% during (2020 - 2026).

Key companies profiled in the report include

• Samsung Electronics Co., Ltd. (Samsung Group)
• LG Display Co., Ltd. (LG Corporation)
• Panasonic Corporation
• Universal Display Corporation
• Konica Minolta, Inc.
• BOE Technology Group Co., Ltd.
• OSRAM GmbH
• Acuity Brands Lighting, Inc.
• Organic LEDWorks LLC
• Tianma Microelectronics Co., Ltd.

Scope of the Study

Market Segments covered in the Report:

By Product Type

• Display
• Lighting

By Technology

• PMOLED
• AMOLED
• Transparent OLED
• Top-Emitting OLED
• Foldable OLED
• Others

By End User

• Consumer Electronics
• Automotive
• Industrial
• Commercial
• Healthcare
• Retail
• Others

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Topics Covered:

Chapter 1. Market Scope & Methodology

Chapter 2. Market Overview

Chapter 3. Competition Analysis - Global

Chapter 4. Europe Organic LED Market by Product Type

Chapter 5. Europe Organic LED Market by Technology

Chapter 6. Europe Organic LED Market by End User

Chapter 7. Europe Organic LED Market by Country

Chapter 8. Company Profiles

For more information about this report visit https://www.researchandmarkets.com/r/ujymcb

View source version on businesswire.com: https://www.businesswire.com/news/home/20210520005850/en/