DUBLIN, Jun 11, 2021--(BUSINESS WIRE)--The "LAMEA Organic LED Market By Product Type, By Technology, By End User, By Country, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.
The Latin America, Middle East and Africa Organic LED Market is expected to witness market growth of 16.3% CAGR during the forecast period (2020-2026).
The OLED market is expected to witness various growth avenues due to many factors including massive acceptance of OLED displays in smartphones, considerable funding for creating new units to make OLED panels, huge demand for the superior viewing experience particularly from smartphone and television consumers, technological developments in OLED technology, growing demand for AMOLED displays in AR/VR headset applications, and investments from governments across the world for OLED lighting research.
The Brazil market dominated the LAMEA Industrial Organic LED Market by Country 2019, thereby, achieving a market value of $149.6 million by 2026. The Argentina market is expected to witness a CAGR of 18.7% during (2020 - 2026). Additionally, The UAE market is experiencing a CAGR of 17.7% during (2020 - 2026).
The Display market dominated the South Africa Organic LED Market by Product Type 2019, and is expected to continue to be a dominant market till 2026; growing at a CAGR of 16.2 % during the forecast period. The Lighting market is expected to witness a CAGR of 20.2% during (2020 - 2026).
Based on Product Type, the market is segmented into Display and Lighting. Based on Technology, the market is segmented into PMOLED, AMOLED, Transparent OLED, Top-Emitting OLED, Foldable OLED and Others. Based on End User, the market is segmented into Consumer Electronics, Automotive, Industrial, Commercial, Healthcare, Retail and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Samsung Electronics Co., Ltd. (Samsung Group), LG Display Co., Ltd. (LG Corporation), Panasonic Corporation, Universal Display Corporation, Konica Minolta, Inc., BOE Technology Group Co., Ltd., OSRAM GmbH, Acuity Brands Lighting, Inc., Organic LEDWorks LLC, and Tianma Microelectronics Co., Ltd.
Scope of the Study
Market Segments covered in the Report:
By Product Type
By End User
Rest of LAMEA
Samsung Electronics Co., Ltd. (Samsung Group)
LG Display Co., Ltd. (LG Corporation)
Universal Display Corporation
Konica Minolta, Inc.
BOE Technology Group Co., Ltd.
Acuity Brands Lighting, Inc.
Organic LEDWorks LLC
Tianma Microelectronics Co., Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/2hdltn
View source version on businesswire.com: https://www.businesswire.com/news/home/20210611005166/en/
Laura Wood, Senior Press Manager
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