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OLED is a new technology for bright, efficient, flexible and thin displays as well as for lighting panels. OLED driver panels are used in numerous applications, such as desktop monitor, mobile phone, TV, notebook PC, automotive, tablet, digital signage, and others. The panel industry is growing rapidly due to the increasing technological changes and rising deployment of OLED panels. Passive-matrix OLED and active-matrix OLED are basically two types of OLED technology. Active-matrix OLED is perfect for smartphone screens and other larger as well as medium displays, including in consumer and automotive applications. OLEDs are lightweight, slim and flexible. Also the acceptance of OLED display manufacturing by multiple vendors is increasing gradually.

Growing adoption of OLED displays in smartphones and the increasing investments in technology and manufacturing facilities are some of the fundamental factors driving the growth of the global OLED driver panel market. The demand for OLED driver panels is increasing owing to the various advantages provided by OLED driver panel displays such as sunlight readability, energy efficiency and easier recycling process as compared to LCDs. The light in OLED driver panel simply dims or turns off the significant pixels when the light desires to create a black color, hence, the active-matrix OLED screens provide great contrast and it also consumes less power. Low power consumption and the more transparent and flexible displays can be achieved with the use of OLED driver panels. Moreover, OLEDs enhances the aesthetics of the product, hence the adoption of OLED is growing in smartphones. These factors are some of the fundamental factors fueling the OLED driver panel market. The use of OLED panel displays in wearable is also driving the growth of the OLED displays. Advanced manufacturing facilities and increasing investments in OLED technology are also supplementing the market growth. LEDs are expected to increase the demand for OLED panels in the coming years as it widely used as a choice for backlight. In the meantime, the demand for OLED for computer screen and widow is anticipated to witness an upsurge. The huge demand from the flourishing consumer electronics market is the other factor positively influencing the growth of the global market throughout the forecast period. Additionally, various factors such as rising demand for flexible display products and growing acceptance in residential and commercial sectors are helping the global OLED driver panel market growth. However, high cost associated with OLED products may hamper the growth of the global OLED driver panel market.

The global OLED driver panel market can be segmented on the basis of type, size, application and geography. On the basis of type, the global OLED driver panel market can be segmented into rigid, flexible and transparent. The growing demand for rigid display panels owing to the increasing adoption in smartphones, smart watches, and TVs is supplementing the growth of the global OLED driver panel market. On the basis of size, the global OLED driver panel market can be bifurcated into small-sized OLED panels, medium-sized OLED panels, and large-sized OLED panels. In terms of applications, television, automotive, and mobiles and tablets and others. Geographically, the global OLED driver panel market is divided into North America, Europe, Asia Pacific, Middle East and Africa and South America. Asia Pacific is projected to grow at significant rate during the forecast period owing to the presence of large number of display panel manufacturers and increased adoption of OLED technology for different applications.

The global OLED driver panel market includes large number of players. Some of the key players are LG Display, Universal Display Corp., Samsung Electronics, BOE Technology, AU Optronics Corp., Acuity Brands, Tianma Microelectronics, Konica Minolta Pioneer OLED and OLEDWorks among others.

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  • Market trends and dynamics
  • Supply and demand
  • Market size
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  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

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  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

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Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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