The North America Organic LED Market would witness market growth of 15.8% CAGR during the forecast period (2020-2026). A flat light producing technology that is created by putting thin organic films between two conductors is known as Organic Light Emitting Diode (OLED).
OLED technology offers beneficial properties such as it is power-efficient, thinner, lighter in weight, brighter, and provides better contrast in comparison to the LCDs. Due to these properties; OLED technology is gaining high traction. In order to improve the viewing experience of end-users, OLEDs provide broad viewing angles, quicker response time, superior contrast rations, and more saturated colors. OLED technology facilitates the end-users to develop flexible display and lighting panels.
Various factors such as the usage of OLED in smartphones owing to the advantages provided by these displays like readability in sunlight, energy-efficiency, and have a simpler recycling process than LCDS, are expected to boost the growth of the OLED displays. AMOLED screens have better contrast, as the light on the screen is produced from every specific pixel instead of a backlight, which takes less power. The technology finds potential applications in various end-use industries due to its capability to generate higher brightness, better flexibility, and superior color performance.
The US market dominated the North America Organic LED Lighting Market by Country 2019, and would continue to be a dominant market till 2026. The Canada market is experiencing a CAGR of 21.3% during (2020 - 2026). Additionally, The Mexico market would witness a CAGR of 20.3% during (2020 - 2026).
The PMOLED market dominated the Canada Organic LED Market by Technology 2019; thereby, achieving a market value of $809.8 million by 2026, growing at a CAGR of 16.6 % during the forecast period. The AMOLED market is estimated to grow at a CAGR of 17.7% during (2020 - 2026). Additionally, The Transparent OLED market is expected to witness a CAGR of 19.7% during (2020 - 2026).
Based on Product Type, the market is segmented into Display and Lighting. Based on Technology, the market is segmented into PMOLED, AMOLED, Transparent OLED, Top-Emitting OLED, Foldable OLED and Others. Based on End User, the market is segmented into Consumer Electronics, Automotive, Industrial, Commercial, Healthcare, Retail and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Organic LED Market in North America is expected to register a CAGR of 15.8% during the forecast period (2020-2026)
The market research report covers the analysis of key stake holders of the market. 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, and Tianma Microelectronics Co., Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product Type
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
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Organic LED Market, by Product Type
1.4.2 North America Organic LED Market, by Technology
1.4.3 North America Organic LED Market, by End User
1.4.4 North America Organic LED Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Jul – 2021, Feb) Leading Players
Chapter 4. North America Organic LED Market by Product Type
4.1 North America Organic LED Display Market by Country
4.2 North America Organic LED Lighting Market by Country
Chapter 5. North America Organic LED Market by Technology
5.1 North America PMOLED Market by Country
5.2 North America AMOLED Market by Country
5.3 North America Transparent OLED Market by Country
5.4 North America Top-Emitting OLED Market by Country
5.5 North America Foldable OLED Market by Country
5.6 North America Other Technology Organic LED Market by Country
Chapter 6. North America Organic LED Market by End User
6.1 North America Consumer Electronics Organic LED Market by Country
6.2 North America Automotive Organic LED Market by Country
6.3 North America Industrial Organic LED Market by Country
6.4 North America Commercial Organic LED Market by Country
6.5 North America Telecom & IT Organic LED Market by Country
6.6 North America Retail Organic LED Market by Country
6.7 North America Others Organic LED Market by Country
Chapter 7. North America Organic LED Market by Country
7.1 US Organic LED Market
7.1.1 US Organic LED Market by Product Type
7.1.2 US Organic LED Market by Technology
7.1.3 US Organic LED Market by End User
7.2 Canada Organic LED Market
7.2.1 Canada Organic LED Market by Product Type
7.2.2 Canada Organic LED Market by Technology
7.2.3 Canada Organic LED Market by End User
7.3 Mexico Organic LED Market
7.3.1 Mexico Organic LED Market by Product Type
7.3.2 Mexico Organic LED Market by Technology
7.3.3 Mexico Organic LED Market by End User
7.4 Rest of North America Organic LED Market
7.4.1 Rest of North America Organic LED Market by Product Type
7.4.2 Rest of North America Organic LED Market by Technology
7.4.3 Rest of North America Organic LED Market by End User
Chapter 8. Company Profiles
8.1 Samsung Electronics Co., Ltd. (Samsung Group)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 LG Display Co., Ltd. (LG Corporation)
8.2.1 Company Overview
8.2.1 Financial Analysis
8.2.2 Regional Analysis
8.2.3 Research & Development Expense
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.2.4.2 Acquisition and Mergers:
8.2.5 SWOT Analysis
8.3 Panasonic Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Universal Display Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Konica Minolta, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Partnerships, Collaborations, and Agreements:
8.5.5.2 Product Launches and Product Expansions:
8.6 BOE Technology Group Co., Ltd.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Recent strategies and developments:
8.6.3.1 Partnerships, Collaborations, and Agreements:
8.7 OSRAM GmbH
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Acuity Brands Lighting, Inc.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Partnerships, Collaborations, and Agreements:
8.8.5.2 Acquisition and Mergers:
8.9 OLEDWorks LLC
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Partnerships, Collaborations, and Agreements:
8.9.2.2 Product Launches and Product Expansions:
8.10. Tianma Microelectronics Co., Ltd.
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
TABLE 1 North America Organic LED Market, 2016 - 2019, USD Million
TABLE 2 North America Organic LED Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– OLED Market
TABLE 4 Product Launches And Product Expansions– OLED Market
TABLE 5 Acquisition and Mergers– OLED Market
TABLE 6 North America Organic LED Market by Product Type, 2016 - 2019, USD Million
TABLE 7 North America Organic LED Market by Product Type, 2020 - 2026, USD Million
TABLE 8 North America Organic LED Display Market by Country, 2016 - 2019, USD Million
TABLE 9 North America Organic LED Display Market by Country, 2020 - 2026, USD Million
TABLE 10 North America Organic LED Lighting Market by Country, 2016 - 2019, USD Million
TABLE 11 North America Organic LED Lighting Market by Country, 2020 - 2026, USD Million
TABLE 12 North America Organic LED Market by Technology, 2016 - 2019, USD Million
TABLE 13 North America Organic LED Market by Technology, 2020 - 2026, USD Million
TABLE 14 North America PMOLED Market by Country, 2016 - 2019, USD Million
TABLE 15 North America PMOLED Market by Country, 2020 - 2026, USD Million
TABLE 16 North America AMOLED Market by Country, 2016 - 2019, USD Million
TABLE 17 North America AMOLED Market by Country, 2020 - 2026, USD Million
TABLE 18 North America Transparent OLED Market by Country, 2016 - 2019, USD Million
TABLE 19 North America Transparent OLED Market by Country, 2020 - 2026, USD Million
TABLE 20 North America Top-Emitting OLED Market by Country, 2016 - 2019, USD Million
TABLE 21 North America Top-Emitting OLED Market by Country, 2020 - 2026, USD Million
TABLE 22 North America Foldable OLED Market by Country, 2016 - 2019, USD Million
TABLE 23 North America Foldable OLED Market by Country, 2020 - 2026, USD Million
TABLE 24 North America Other Technology Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 25 North America Other Technology Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 26 North America Organic LED Market by End User, 2016 - 2019, USD Million
TABLE 27 North America Organic LED Market by End User, 2020 - 2026, USD Million
TABLE 28 North America Consumer Electronics Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 29 North America Consumer Electronics Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 30 North America Automotive Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 31 North America Automotive Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 32 North America Industrial Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 33 North America Industrial Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 34 North America Commercial Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 35 North America Commercial Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 36 North America Telecom & IT Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 37 North America Telecom & IT Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 38 North America Retail Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 39 North America Retail Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 40 North America Others Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 41 North America Others Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 42 North America Organic LED Market by Country, 2016 - 2019, USD Million
TABLE 43 North America Organic LED Market by Country, 2020 - 2026, USD Million
TABLE 44 US Organic LED Market, 2016 - 2019, USD Million
TABLE 45 US Organic LED Market, 2020 - 2026, USD Million
TABLE 46 US Organic LED Market by Product Type, 2016 - 2019, USD Million
TABLE 47 US Organic LED Market by Product Type, 2020 - 2026, USD Million
TABLE 48 US Organic LED Market by Technology, 2016 - 2019, USD Million
TABLE 49 US Organic LED Market by Technology, 2020 - 2026, USD Million
TABLE 50 US Organic LED Market by End User, 2016 - 2019, USD Million
TABLE 51 US Organic LED Market by End User, 2020 - 2026, USD Million
TABLE 52 Canada Organic LED Market, 2016 - 2019, USD Million
TABLE 53 Canada Organic LED Market, 2020 - 2026, USD Million
TABLE 54 Canada Organic LED Market by Product Type, 2016 - 2019, USD Million
TABLE 55 Canada Organic LED Market by Product Type, 2020 - 2026, USD Million
TABLE 56 Canada Organic LED Market by Technology, 2016 - 2019, USD Million
TABLE 57 Canada Organic LED Market by Technology, 2020 - 2026, USD Million
TABLE 58 Canada Organic LED Market by End User, 2016 - 2019, USD Million
TABLE 59 Canada Organic LED Market by End User, 2020 - 2026, USD Million
TABLE 60 Mexico Organic LED Market, 2016 - 2019, USD Million
TABLE 61 Mexico Organic LED Market, 2020 - 2026, USD Million
TABLE 62 Mexico Organic LED Market by Product Type, 2016 - 2019, USD Million
TABLE 63 Mexico Organic LED Market by Product Type, 2020 - 2026, USD Million
TABLE 64 Mexico Organic LED Market by Technology, 2016 - 2019, USD Million
TABLE 65 Mexico Organic LED Market by Technology, 2020 - 2026, USD Million
TABLE 66 Mexico Organic LED Market by End User, 2016 - 2019, USD Million
TABLE 67 Mexico Organic LED Market by End User, 2020 - 2026, USD Million
TABLE 68 Rest of North America Organic LED Market, 2016 - 2019, USD Million
TABLE 69 Rest of North America Organic LED Market, 2020 - 2026, USD Million
TABLE 70 Rest of North America Organic LED Market by Product Type, 2016 - 2019, USD Million
TABLE 71 Rest of North America Organic LED Market by Product Type, 2020 - 2026, USD Million
TABLE 72 Rest of North America Organic LED Market by Technology, 2016 - 2019, USD Million
TABLE 73 Rest of North America Organic LED Market by Technology, 2020 - 2026, USD Million
TABLE 74 Rest of North America Organic LED Market by End User, 2016 - 2019, USD Million
TABLE 75 Rest of North America Organic LED Market by End User, 2020 - 2026, USD Million
TABLE 76 Key Information –Samsung Electronics Co., Ltd.
TABLE 77 Key information – LG Display Co., Ltd.
TABLE 78 Key Information – Panasonic Corporation
TABLE 79 key information – Universal Display Corporation
TABLE 80 Key Information –Konica Minolta, Inc.
TABLE 81 Key Information – BOE Technology Group Co., Ltd.
TABLE 82 Key Information – OSRAM GmbH
TABLE 83 Key Information – Acuity Brands Lighting, Inc.
TABLE 84 key Information – OLEDWorks LLC
TABLE 85 key information – Tianma Microelectronics Co., Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2016, Jul – 2021, Feb) Leading Players
FIG 5 Recent strategies and developments: Samsung Electronics Co., Ltd.
FIG 6 SWOT Analysis: Samsung Electronics CO. Ltd.
FIG 7 Recent strategies and developments: LG Display Co., Ltd.
FIG 8 SWOT Analysis: LG Display Co., Ltd.
FIG 9 SWOT Analysis: Panasonic Corporation
FIG 10 Recent strategies and developments: Universal Display Corporation
FIG 11 Recent strategies and developments: Konica Minolta, Inc.
FIG 12 Recent strategies and developments: Acuity Brands, Inc.
FIG 13 Recent strategies and developments: OLEDWorks LLC