The global OLED market size (display and lighting) was estimated at $46.6 billion USD in 2023 and is expected to be worth over to $200 billion USD by 2031, poised to grow at a CAGR of 19.85% over the period of 2024 to 2034 according to the market forecast published by Precedence Research. According to Grand View Research, the OLED market (display and lighting) is expected to register a CAGR of 19.4 from 2024 to 2030 consistent with the report from Precedence Research. Counterpoint (DSCC) reported that OLED panel revenues increased 28% in Q3 2024.
Market Opportunity
-
Solving the persistent instability problem of high efficiency Blue OLED devices
- Providing broader supply options for high performing Emitter Materials