OLED Market Size, share & Forecast
The OLED Market is anticipated to expand at a remarkable CAGR during the forecast period The factors driving growth of the OLED Market includes increasing penetration of smartphones and gaming consoles around the world, Government policies supporting OLED lighting research, growing popularity of smart Televisions and improvements in the living standards. For instance, the revenue generated from the sales of video game consoles across India is expected to reach USD 13.40 billion by the end of 2022, growing at a CAGR of 10% over the forecast period (2022-2026), which will accelerate the Global OLED Market in the approaching years. Moreover, OLED displays provides enhanced image quality, increasingly used to manufacture back-window alerts, rear-view mirrors, and dashboard displays in the automobile sector and are easy to recycle as compared to LCDs, are some of the factors pushing the OLED Market Growth . Moreover, technological advancements in OLED displays, rise in the launch of ...