An organic light-emitting diode (OLED) is made of electroluminescent layer which has a film of organic based compound that produce light. OLED display offers minimum response time, higher refresh frequencies, has deeper black levels, and is comparatively lighter and thinner than a liquid crystal display (LCD). In dark, an OLED display can attain a better contrast ratio compared to LCD, irrespective of whether the LCD is based on an LED backlight or cold cathode fluorescent lamps (CCFL).Further, OLED displays are compact, thin, has larger viewing angle and use optimal power. OLED displays are popularly used in televisions, wearable devices, healthcare products, transportation, lighting, signage, television, and medical devices.
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The global OLED display market is segmented on the basis of technology and end-user. The technology segment consist of driving electronics, electroluminescent materials, and other technology. Electroluminescent materials segment comprises of polymer OLEDs and small molecules. Whereas, driving electronics segment includes active matrix OLEDs (AMOLEDs), passive matrix OLEDs (PMOLEDs), and hybrid OLEDs (HOLEDs). Other technology includes OLED displays such as transparent, phosphorescent, top emission, stacked and flexible OLEDs. The global OLED display market is further segmented based on end-use verticals into displays, computers, digital cameras, automotive, and wearable technology. The global OLED display market is also segmented based on geographical distribution into North America, Europe, Asia-Pacific (APAC), Middle East & Africa (MEA), and South America (SAM).
PMOLED and AMOLED are the key OLED display technologies existing in the market. Even though PMOLEDs are economical and simple to construct, they are limited in resolution and size, which restricts their acceptance. In...