LED and OLED Displays and Lighting Products Market to see Huge Growth by 2028

The global LED and OLED displays and lighting products market is anticipated to grow at a CAGR of 10.1% during the forecast period. The rapid adoption of LED and OLED displays in smartphones, television, and in other electronic devices coupled with high demand for a better viewing experience, especially from smartphone and television consumers are encouraging key players to launch advanced technological LED and OLED displays to cater the demand of consumers. For instance, in September 2022, Samsung Electronics Co., Ltd. launched two new series of The Wall named The Wall All-in-One, also called the IAB Series, and The Wall IWB Series. The IAB Series brings the ease of Micro LED installation to the next level. The IAB Series requires only two hours to install as it comes with a pre-adjusted seam and pre-assembled frame kit, which includes an embedded media play S-box. The Wall All-in-One has a display thinness of just 49mm and is available in three models: 4K 146-inch, 2K 146-inch, and 2K 110-inch. Additionally, The Wall IWB Series is available in 0.63 and 0.94-pixel pitches. At 0.63-pixel pitch, the company offers its slimmest ever pixel pitch model with detailed picture and dynamic range expansion with the screen’s 120Hz frame rate, HDR10/10+, and LED HDR. The Wall IWB Series also provides a variety of screen sizes, accommodating 4K movies for 110-inch and up to incredible 8K quality for 220-inch.

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Moreover, All models in The Wall lineup feature black seal technology, enabling purer black levels with enhanced depth and details; ultra chroma technology, where narrower wavelengths produce RGB colors two times purer2 and more accurate than conventional LEDs; 20bit processing to present extraordinary contrast ratio and smooth, natural tonal gradients; and micro AI processor to enhance image contrast while removing noise instantly.

Market Coverage

  • The market number available for – 2021-2028
  • Base year- 2021
  • Forecast period- 2022-2028

Segment Covered- 

  • By Type
  • By Application

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Competitive Landscape- including 4D Systems Pty Ltd, AUO Corp., Barco NV, BOE Technology Group Co., Ltd., Daktronics, Digilent, Inc., Eagle Lighting Australia Pty Ltd, Eaton Corp., and others.

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LED and OLED Displays and Lighting Products Market Report Segment

By Type

  • Mobile Displays
  • Consumer TV Displays
  • Outdoor LED Displays

By Application  

  • Smartphone
  • Television
  • Tablet
  • Smartwatch
  • Others

LED and OLED Displays and Lighting Products Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles 

  • 4D Systems Pty Ltd
  • AUO Corp.
  • Barco NV
  • BOE Technology Group Co., Ltd.
  • Daktronics
  • Digilent, Inc.
  • Eagle Lighting Australia Pty Ltd
  • Eaton Corp.
  • LG Display Co. Ltd
  • Luceco plc
  • Mouser Electronics Inc.
  • Nokia Corp.
  • OSRAM GmbH GE Lighting (General Electric Company)
  • Panasonic Corp.
  • Pioneer Corp.
  • Raystar Optronics Inc.
  • Raystar Optronics, Inc.

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