The Asia Pacific POLED Panel Market would witness market growth of 19.7% CAGR during the forecast period (2023-2030).
The rise in demand for energy-efficient POLED panels in wearable technology is a significant factor expected to drive the growth of the market during the forecast period. The market's upward trend is fueled by the popularity of these displays in wearable technology, which is rendered by their low power consumption, significantly improving battery life, making them perfect for smartwatches, fitness trackers, and other wearable devices for market growth.
The rise in popularity of these panels can be attributed to several important factors. With the rising demand for innovative and aesthetically appealing devices, flexibility enables the development of curved and foldable displays. This distinctive characteristic distinguishes POLED technology in the competitive consumer electronics industry, propelling its sales expansion in smartphones, wearables, and other portable devices.
Additionally significant is the energy efficacy of these panels. POLEDs are self-emissive, indicating that each pixel emits light independently, reducing power consumption. This attractive quality extends the battery life of mobile devices, making POLED panels an attractive option for both manufacturers and consumers, given the growing importance of energy conservation.
Japan has been a significant player in the display technology industry, and there have been opportunities for various display technologies, including POLED (Plastic Organic Light Emitting Diode) panels, in the Japanese industry. Japan is home to several major electronics manufacturers, such as Sony, Panasonic, and Sharp. These companies have a history of innovation in display technology. Opportunities may exist for POLED panels in smartphones, TVs, and other consumer electronics where thin and flexible displays are in demand. Flexible and transparent POLED displays can be used in innovative retail displays and advertising applications. Japan's bustling retail and advertising sectors may offer opportunities for such technology. Due to the above-mentioned factors, the market will grow in this region.
The China market dominated the Asia Pacific POLED Panel Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $229,627.7 Thousands by 2030. The Japan market is registering a CAGR of 18.9% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 20.4% during (2023 - 2030).
Based on Application, the market is segmented into Smartphones, and Wearables. Based on Type, the market is segmented into Flexible, Foldable, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global POLED Panel Market is Predict to reach $2.6 Billion by 2030, at a CAGR of 18.9%
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include LG DISPLAY CO., LTD., Apple Inc., Google (Alphabet Inc.), Sumitomo Chemical Co., Ltd. and Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
Market Segments Covered in the Report:
By Application
By Type
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- LG DISPLAY CO., LTD.
- Apple Inc.
- Google (Alphabet Inc.)
- Sumitomo Chemical Co., Ltd.
- Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific POLED Panel Market, by Application
1.4.2 Asia Pacific POLED Panel Market, by Type
1.4.3 Asia Pacific POLED Panel Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
Chapter 4. Competition Analysis – Global
4.1 Market Share Analysis, 2022
4.2 Strategies Developed in POLED Pannel Market
4.3 Porter’s Five Forces Analysis
Chapter 5. Asia Pacific POLED Panel Market, by Application
5.1 Asia Pacific Smartphones Market, by Country
5.2 Asia Pacific Wearables Market, by Country
Chapter 6. Asia Pacific POLED Panel Market, by Type
6.1 Asia Pacific Flexible Market, by Country
6.2 Asia Pacific Foldable Market, by Country
6.3 Asia Pacific Others Market, by Country
Chapter 7. Asia Pacific POLED Panel Market, by Country
7.1 China POLED Panel Market
7.1.1 China POLED Panel Market, by Application
7.1.2 China POLED Panel Market, by Type
7.2 Japan POLED Panel Market
7.2.1 Japan POLED Panel Market, by Application
7.2.2 Japan POLED Panel Market, by Type
7.3 India POLED Panel Market
7.3.1 India POLED Panel Market, by Application
7.3.2 India POLED Panel Market, by Type
7.4 South Korea POLED Panel Market
7.4.1 South Korea POLED Panel Market, by Application
7.4.2 South Korea POLED Panel Market, by Type
7.5 Singapore POLED Panel Market
7.5.1 Singapore POLED Panel Market, by Application
7.5.2 Singapore POLED Panel Market, by Type
7.6 Malaysia POLED Panel Market
7.6.1 Malaysia POLED Panel Market, by Application
7.6.2 Malaysia POLED Panel Market, by Type
7.7 Rest of Asia Pacific POLED Panel Market
7.7.1 Rest of Asia Pacific POLED Panel Market, by Application
7.7.2 Rest of Asia Pacific POLED Panel Market, by Type
Chapter 8. Company Profiles
8.1 LG Display Co., Ltd. (LG Corporation)
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expenses
8.1.5 SWOT Analysis
8.2 Apple, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 SWOT Analysis
8.3 Google LLC (Alphabet Inc.)
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 SWOT Analysis
8.4 Sumitomo Chemical Co., Ltd.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 SWOT Analysis
8.5 Motorola Mobility Holdings, Inc. (Lenovo Group Limited)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
TABLE 1 Asia Pacific POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 2 Asia Pacific POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 3 Asia Pacific POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 4 Asia Pacific POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 5 Asia Pacific Smartphones Market, by Country, 2019 - 2022, USD Thousands
TABLE 6 Asia Pacific Smartphones Market, by Country, 2023 - 2030, USD Thousands
TABLE 7 Asia Pacific Wearables Market, by Country, 2019 - 2022, USD Thousands
TABLE 8 Asia Pacific Wearables Market, by Country, 2023 - 2030, USD Thousands
TABLE 9 Asia Pacific POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 10 Asia Pacific POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 11 Asia Pacific Flexible Market, by Country, 2019 - 2022, USD Thousands
TABLE 12 Asia Pacific Flexible Market, by Country, 2023 - 2030, USD Thousands
TABLE 13 Asia Pacific Foldable Market, by Country, 2019 - 2022, USD Thousands
TABLE 14 Asia Pacific Foldable Market, by Country, 2023 - 2030, USD Thousands
TABLE 15 Asia Pacific Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 16 Asia Pacific Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 17 Asia Pacific POLED Panel Market, by Country, 2019 - 2022, USD Thousands
TABLE 18 Asia Pacific POLED Panel Market, by Country, 2023 - 2030, USD Thousands
TABLE 19 China POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 20 China POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 21 China POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 22 China POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 23 China POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 24 China POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 25 Japan POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 26 Japan POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 27 Japan POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 28 Japan POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 29 Japan POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 30 Japan POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 31 India POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 32 India POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 33 India POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 34 India POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 35 India POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 36 India POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 37 South Korea POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 38 South Korea POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 39 South Korea POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 40 South Korea POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 41 South Korea POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 42 South Korea POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 43 Singapore POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 44 Singapore POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 45 Singapore POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 46 Singapore POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 47 Singapore POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 48 Singapore POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 49 Malaysia POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 50 Malaysia POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 51 Malaysia POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 52 Malaysia POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 53 Malaysia POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 54 Malaysia POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 55 Rest of Asia Pacific POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 56 Rest of Asia Pacific POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 57 Rest of Asia Pacific POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 58 Rest of Asia Pacific POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 59 Rest of Asia Pacific POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of Asia Pacific POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 61 Key information – LG Display Co., Ltd.
TABLE 62 Key Information – Apple, Inc.
TABLE 63 Key Information – Google LLC
TABLE 64 Key Information – Sumitomo Chemical Co., Ltd.
TABLE 65 Key Information – Motorola Mobility Holdings, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific POLED Panel Market, 2019 - 2030, USD Thousands
FIG 3 Key Factors Impacting POLED Panel Market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - POLED Panel Market
FIG 6 Asia Pacific POLED Panel Market share, by Application, 2022
FIG 7 Asia Pacific POLED Panel Market share, by Application, 2030
FIG 8 Asia Pacific POLED Panel Market, by Application, 2019 - 2030, USD Thousands
FIG 9 Asia Pacific POLED Panel Market share, by Type, 2022
FIG 10 Asia Pacific POLED Panel Market share, by Type, 2030
FIG 11 Asia Pacific POLED Panel Market, by Type, 2019 - 2030, USD Thousands
FIG 12 Asia Pacific POLED Panel Market share, by Country, 2022
FIG 13 Asia Pacific POLED Panel Market share, by Country, 2030
FIG 14 Asia Pacific POLED Panel Market, by Country, 2019 - 2030, USD Thousands
FIG 15 SWOT Analysis: LG Display Co., Ltd.
FIG 16 SWOT Analysis: Apple, Inc.
FIG 17 SWOT Analysis: Google LLC
FIG 18 SWOT Analysis: Sumitomo Chemical Co., Ltd.
FIG 19 SWOT Analysis: Motorola Mobility Holdings, Inc.