The North America POLED Panel Market would witness market growth of 18.1% CAGR during the forecast period (2023-2030).
The organic emitting layer of a POLED (Plastic Organic Light Emitting Diode) display comprises polymer materials rather than small molecules. This results in greater adaptability and lower production costs. POLEDs are suitable for various applications due to the polymer layer's thinness and flexibility. These panels are utilized in smartphones, tablets, wearables, and televisions due to their flexibility, which permits curved and bendable screens, resulting in novel designs for mobile and wearable devices. In addition, these displays feature outstanding color reproduction, high contrast ratios, and fast response times, providing users with an engaging visual experience.
End consumers benefit from POLED or AMOLED panels by accessing foldable smartphones that offer a larger display when necessary while remaining portable. The deep blacks and vibrant colors improve the multimedia viewing experience. The market is anticipated to expand as technology advances, introducing innovative and captivating devices across numerous industries.
One primary use of POLED panel displays is consumer electronics, particularly smartphones and wearable devices. The flexibility of these panel screens enables manufacturers to create curved and foldable displays, offering innovative and stylish designs that enhance the user experience. Moreover, their energy efficiency contributes to longer battery life in portable devices.
The U.S. has a sizeable population of tech-savvy consumers willing to try new technologies, providing an initial industry for foldable smartphones. With the smartphone industry reaching saturation, manufacturers are looking for ways to differentiate their products. Foldable smartphones offer a novel user experience. Larger and more versatile screens make foldable smartphones an attractive option for media consumption, a significant smartphone use-case in the U.S. The multitasking capabilities and more substantial screen real estate can be selling points for business users. Therefore, with the growing technological advancements and the expanding smartphone industries will drive the growth of market in this region.
The US market dominated the North America POLED Panel Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $630,714.6 Thousands by 2030. The Canada market is experiencing a CAGR of 20.7% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 19.7% during (2023 - 2030).
Based on Application, the market is segmented into Smartphones, and Wearables. Based on Type, the market is segmented into Flexible, Foldable, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The POLED Panel Market is Predict to reach $2.6 Billion by 2030, at a CAGR of 18.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include LG DISPLAY CO., LTD., Apple Inc., Google (Alphabet Inc.), Sumitomo Chemical Co., Ltd. and Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
Market Segments Covered in the Report:
By Application
By Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- LG DISPLAY CO., LTD.
- Apple Inc.
- Google (Alphabet Inc.)
- Sumitomo Chemical Co., Ltd.
- Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America POLED Panel Market, by Application
1.4.2 North America POLED Panel Market, by Type
1.4.3 North America POLED Panel Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Strategies Developed in POLED Pannel Market
4.3 Porter’s Five Forces Analysis
Chapter 5. North America POLED Panel Market, by Application
5.1 North America Smartphones Market, by Country
5.2 North America Wearables Market, by Country
Chapter 6. North America POLED Panel Market, by Type
6.1 North America Flexible Market, by Country
6.2 North America Foldable Market, by Country
6.3 North America Others Market, by Country
Chapter 7. North America POLED Panel Market, by Country
7.1 US POLED Panel Market
7.1.1 US POLED Panel Market, by Application
7.1.2 US POLED Panel Market, by Type
7.2 Canada POLED Panel Market
7.2.1 Canada POLED Panel Market, by Application
7.2.2 Canada POLED Panel Market, by Type
7.3 Mexico POLED Panel Market
7.3.1 Mexico POLED Panel Market, by Application
7.3.2 Mexico POLED Panel Market, by Type
7.4 Rest of North America POLED Panel Market
7.4.1 Rest of North America POLED Panel Market, by Application
7.4.2 Rest of North America POLED Panel Market, by Type
Chapter 8. Company Profiles
8.1 LG Display Co., Ltd. (LG Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Apple, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Google LLC (Alphabet Inc.)
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 SWOT Analysis
8.4 Sumitomo Chemical Co., Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
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:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
TABLE 1 North America POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 2 North America POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 3 North America POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 4 North America POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 5 North America Smartphones Market, by Country, 2019 - 2022, USD Thousands
TABLE 6 North America Smartphones Market, by Country, 2023 - 2030, USD Thousands
TABLE 7 North America Wearables Market, by Country, 2019 - 2022, USD Thousands
TABLE 8 North America Wearables Market, by Country, 2023 - 2030, USD Thousands
TABLE 9 North America POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 10 North America POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 11 North America Flexible Market, by Country, 2019 - 2022, USD Thousands
TABLE 12 North America Flexible Market, by Country, 2023 - 2030, USD Thousands
TABLE 13 North America Foldable Market, by Country, 2019 - 2022, USD Thousands
TABLE 14 North America Foldable Market, by Country, 2023 - 2030, USD Thousands
TABLE 15 North America Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 16 North America Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 17 North America POLED Panel Market, by Country, 2019 - 2022, USD Thousands
TABLE 18 North America POLED Panel Market, by Country, 2023 - 2030, USD Thousands
TABLE 19 US POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 20 US POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 21 US POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 22 US POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 23 US POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 24 US POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 25 Canada POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 26 Canada POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 27 Canada POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 28 Canada POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 29 Canada POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 30 Canada POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 31 Mexico POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 32 Mexico POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 33 Mexico POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 34 Mexico POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 35 Mexico POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 36 Mexico POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 37 Rest of North America POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 38 Rest of North America POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 39 Rest of North America POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 40 Rest of North America POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 41 Rest of North America POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 42 Rest of North America POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 43 Key information – LG Display Co., Ltd.
TABLE 44 Key Information – Apple, Inc.
TABLE 45 Key Information – Google LLC
TABLE 46 Key Information – Sumitomo Chemical Co., Ltd.
TABLE 47 Key Information – Motorola Mobility Holdings, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 North America POLED Panel Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting POLED Panel Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - POLED Panel Market
FIG 6 North America POLED Panel Market share, by Application, 2022
FIG 7 North America POLED Panel Market share, by Application, 2030
FIG 8 North America POLED Panel Market, by Application, 2019 - 2030, USD Thousands
FIG 9 North America POLED Panel Market share, by Type, 2022
FIG 10 North America POLED Panel Market share, by Type, 2030
FIG 11 North America POLED Panel Market, by Type, 2019 - 2030, USD Thousands
FIG 12 North America POLED Panel Market share, by Country, 2022
FIG 13 North America POLED Panel Market share, by Country, 2030
FIG 14 North America POLED Panel Market, by Country, 2019 - 2030, USD Thousands
FIG 15 SWOT Analysis: LG Display Co., Ltd.
FIG 16 SWOT Analysis: Apple, Inc.
FIG 17 SWOT Analysis: Google LLC
FIG 18 SWOT Analysis: Sumitomo Chemical Co., Ltd.
FIG 19 SWOT Analysis: Motorola Mobility Holdings, Inc.