OLED Display Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2025 – 2034
Report ID: GMI3827
Download Free PDF
Pre Book Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Pre Book Now

OLED Display Market
Get a free sample of this reportGet a free sample of this report OLED Display Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
OLED Display Market Size
The global OLED display market generated notable revenue in 2024 and is estimated to grow at a notable CAGR during 2025-2034 driven by the increasing consumer demand for high-resolution and energy-efficient displays, and flexible display technologies. For instance, in May 2025, Acer introduced its ProCreator Series monitors to boost creative workflows with Calman-verified, high-resolution display. The monitors offered wide color gamut coverage, and color accuracy up to Delta E1, and were equipped with Acer Creator Hub software. Some models included OLED or touchscreen panels, built-in webcams for collaboration, and support for AMD FreeSync Premium Pro and NVIDIA G-SYNC Compatible technologies.
There are several distinct verticals that have adopted OLED displays, including consumer electronics, automotive, healthcare, and industrial. Rising interest in OLED displays can be due to the better image quality and contrast ratios associated with OLED technology, and the smaller, lighter, and more compact geometric structure of OLED technologies which outperforms a conventional LCD display.
OLED display panels also feature a more flexible and innovative design spectrum, including foldable displays, flexible displays, curved displays, and are used in smartphones, televisions, and wearables. Each type of OLED display utilizes one or more of the advantages of OLED technologies, such as direct emitting of light with or without a backlight or utilizing less power, which makes OLED increasingly appealing. Cellular 5G adoption and increased consumer demand for ultra-HD content in smartphones will remain critical elements for the future evolution of the global market.
OLED Display Market Trends
The OLED display industry is the subject of several powerful trends that are shaping its future in the coming years. First, one of the most incredible trends is the continued move towards flexible, foldable, and rollable OLED displays, all of which will usher in new products and user experiences. OLED is a clear preference in these applications because of its better aesthetic appeal and its superior brightness and contrast from other types of displays.
Energy efficiency is also important, especially in applications where battery life is a critical differentiator. Continued efficiency in OLED materials means displays consume less power while providing better image quality. Furthermore, another important emerging trend is the development of transparent OLEDs that will unlock new applications such as smart windows, augmented reality, and commercial signage. Finally, micro-OLED displays are generating increasing interest in applications such as VR/AR headsets because of their compact size and high pixel density.
OLED Display Market Analysis
The AMOLED segment held the largest share in 2024, driven by the strong adoption rates in flagship smartphones, smartwatches, and televisions. AMOLED displays incorporate an active matrix of OLED pixels, which massively produce light on an individual basis, allowing for thinner and lighter OLED panels that are more energy efficient and allow less lag with faster refresh rates and better contrast ratios. The improvement in color accuracy, blacks, and responsiveness drove premiums to the capabilities of AMOLED displays.
The current developments including new trends of under-display fingerprint sensors and camera modules injected into the AMOLED screen, making them more compelling in applications where enhanced visual performance is desired fuels the market growth. Moreover, the growth of foldable smartphones is directly correlated to improvements in flexible AMOLED technology, allowing screens to bend, without any loss to display integrity. Companies like Samsung, BOE, and LG Display are leading the charge on the next generation of AMOLED panels, which come with ultra-thin glass and plastic substrates, which can be more durable and flexible.
The OLED display market from consumer electronics segment held a substantial share in 2024. Due to their low power consumption, thin profiles, and incredible display performance, OLED displays have become standard in top-tier mobile phone models. Rather than just in flagship mobile phone models, people are now also seeing OLED displays begin to enter mid-range mobile phones as well. Additionally, OLED is also progressing strongly into TVs, benefiting from the recent demand for 4K (and even 8K) ultra-high-definition content, as well as the rise in demand for home entertainment systems.
OLED TVs deliver perfect black levels, terrific color gamut, and wide viewing angles, providing an immersive experience and therefore reside in the upper echelons of the TV markets. Considering most of the common consumer electronics applications of OLED displays, they are also getting into wearables including smart watches and healthy fitness trackers, where high power efficiency and readability in various lighting scenarios are important. In applications other than smartphones and televisions, such as tablets, laptops, and gaming devices, manufacturers are incorporating OLED-type panels to take advantage of all the responsiveness and color accuracy that OLED displays offer.
Asia Pacific OLED display market is expected to maintain substantial growth during 2025-2034. The largest countries for panel manufacturing are South Korea, China, Japan, and Taiwan. Given the concentration of panel manufacturers such as Samsung Display, LG Display, BOE Technology, and AU Optronics, Asia Pacific had the largest market share in 2023.
This is primarily due to the manufacturing concentration, technological infrastructure, and consumer demand from developed and emerging economies for OLED-enabled electronic devices. South Korea is still the leader in the production and innovation of AMOLED panels for mobile and television sets, led by developments by Samsung and LG. China is a major player in the OLED market, with the firm's home-grown manufacturers rapidly expanding their manufacturing capacity and forming collaborations with local manufacturers to enhance output and benefit from the technological advancements of globally recognized brands.
With the expansion of the consumer electronics industry in the region, increased disposable income, and urbanization, there is strong sales growth for all products containing OLED-enabled devices. Smart wearables, foldable smartphones, and ultra-thin laptops are part of the desires of technically oriented consumers. The increase in disposable income combined with governmental plans to support advanced manufacturing technologies and the local availability of skilled and competitive labor is reinforcing the availability of OLED consumers.
OLED Display Market Share
Major players involved in the OLED display industry include:
To strengthen their position, the major players are taking several actions. They will have to offer OLED panels that are more durable, efficient, and flexible. Companies like Samsung Display, LG Display, and BOE are investing huge amounts in R&D to develop OLED panels that have durability, efficiency, and flexibility. In the case of strategic partnerships with consumer electronics manufacturers, panel makers can secure long-term supply agreements and partner together to innovate new devices, such as foldable phones.
Many OLED IF manufacturers are expanding their production capacity in locations such as China and South Korea, to reduce manufacturing costs while meeting demand due to increased acceptance and utilization of OLED technology. At the same time, companies are diversifying into different applications and extending OLED technologies into other markets such as automotive, healthcare, and industrial applications. Lastly, companies that acquire or partner with materials science companies cement their access to advanced organic materials which allows them to maintain an edge in the evolving market landscape.
OLED Display Industry News