TMCnet News
Research and Markets Offers Report: Global OLED Display Market 2014- 2018 [Professional Services Close - Up](Professional Services Close - Up Via Acquire Media NewsEdge) Research and Markets has added the "Global OLED Display Market 2014-2018" report to its offerings. In a release, Research and Markets noted that report highlights include: The Global OLED Display market to grow at a CAGR of 36.7 percent over the period 2013-2018. OLEDs are organic light emitting diodes which use organic materials to produce light. The organic material is packed between conductors which are lit up when electricity is passed through it. OLED display units contain many such thin films of several types of organic molecules that produce various colors of light. OLEDs do not require backlights and filters unlike LCDs since the light emitted is bright enough for display. OLED display units include multiple layers of organic films depending upon the device's requirements. The Global OLED Display market is nearing commercialization and is expected to grow at a high rate during the forecast period. Increased adoption of OLEDs in large-screen displays is one key trend emerging in this market. Because the average selling price of OLED displays is decreasing, manufacturers are adopting this technology across large-screen displays such as TVs, PCs, and PIDBs. According to the report, one of the major drivers in the market is the inherent advantages of OLED displays such as low power consumption, eco-friendliness, bright picture, and flexibility which have prompted manufacturers to adopt OLED technology across various devices. Further, the report states that one of the key challenges in this market is the high costs associated with the production of OLED displays. The technology used in the production of OLED displays is highly complicated, thereby adding to the overall production cost. To calculate the market size, the report considers revenue generated from the sales of OLED displays used in the following devices: -Mobile Devices (Smartphones, Tablets, and other mobile devices) -TVs -PCs, Laptops, and Desktops -PIDBs -Others (game consoles, audio/video players, automobiles, other consumer electronic appliances) More information: www.researchandmarkets.com/research/mtv7q9/global_oled ((Comments on this story may be sent to [email protected])) (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |