The Latin America, Middle East and Africa POLED Panel Market would witness market growth of 20.9% CAGR during the forecast period (2023-2030).
The advancements in materials and manufacturing techniques have contributed to the enhanced performance and cost-effectiveness of POLED panels. Ongoing R&D efforts have focused on improving the durability, brightness, and color accuracy of POLEDs, making them more dependable and competitive with other display technologies. These panels become accessible to many industries and applications as production techniques become more streamlined and manufacturing costs decrease.
Thus, the prominence of these panels can be attributed to their adaptability, energy efficiency, and material and manufacturing advancements. Collectively, these factors drive the adoption of these panels across multiple industries, establishing them as a prospective and influential display technology for the future.
These panels compete with various technologies, including MicroLED, traditional OLED, and quantum-dot LED (QLED). Each has advantages and disadvantages, and market share will be influenced by cost, power efficiency, and color accuracy. Like all electronics, the production and disposal of these panels have environmental implications. Research is ongoing to make the production process more sustainable.
Latin America has a growing gaming and entertainment industry. POLED displays can be used in gaming consoles, virtual reality (VR) headsets, and immersive entertainment experiences. Latin America is home to diverse ecosystems and faces environmental challenges. These panels can be used in environmental monitoring devices for tracking air quality, water quality, and other environmental parameters. These panels can be used for digital signage and advertising displays. The adoption of these panels in Latin America will rely on factors like cost, availability, and the specific needs of each market. As technology advances and production costs decrease, it can expect more significant integration of these panels across various regional industries. Additionally, government initiatives and incentives for technology adoption may further accelerate their use in Latin America.
The Brazil market dominated the LAMEA POLED Panel Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $50,560.3 Thousands by 2030. The Argentina market is showcasing a CAGR of 21.6% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 20.6% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide POLED Panel Market is Projected to reach USD 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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA POLED Panel Market, by Application
1.4.2 LAMEA POLED Panel Market, by Type
1.4.3 LAMEA 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. LAMEA POLED Panel Market, by Application
5.1 LAMEA Smartphones Market, by Country
5.2 LAMEA Wearables Market, by Country
Chapter 6. LAMEA POLED Panel Market, by Type
6.1 LAMEA Flexible Market, by Country
6.2 LAMEA Foldable Market, by Country
6.3 LAMEA Others Market, by Country
Chapter 7. LAMEA POLED Panel Market, by Country
7.1 Brazil POLED Panel Market
7.1.1 Brazil POLED Panel Market, by Application
7.1.2 Brazil POLED Panel Market, by Type
7.2 Argentina POLED Panel Market
7.2.1 Argentina POLED Panel Market, by Application
7.2.2 Argentina POLED Panel Market, by Type
7.3 UAE POLED Panel Market
7.3.1 UAE POLED Panel Market, by Application
7.3.2 UAE POLED Panel Market, by Type
7.4 Saudi Arabia POLED Panel Market
7.4.1 Saudi Arabia POLED Panel Market, by Application
7.4.2 Saudi Arabia POLED Panel Market, by Type
7.5 South Africa POLED Panel Market
7.5.1 South Africa POLED Panel Market, by Application
7.5.2 South Africa POLED Panel Market, by Type
7.6 Nigeria POLED Panel Market
7.6.1 Nigeria POLED Panel Market, by Application
7.6.2 Nigeria POLED Panel Market, by Type
7.7 Rest of LAMEA POLED Panel Market
7.7.1 Rest of LAMEA POLED Panel Market, by Application
7.7.2 Rest of LAMEA 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 LAMEA POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 2 LAMEA POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 3 LAMEA POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 4 LAMEA POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 5 LAMEA Smartphones Market, by Country, 2019 - 2022, USD Thousands
TABLE 6 LAMEA Smartphones Market, by Country, 2023 - 2030, USD Thousands
TABLE 7 LAMEA Wearables Market, by Country, 2019 - 2022, USD Thousands
TABLE 8 LAMEA Wearables Market, by Country, 2023 - 2030, USD Thousands
TABLE 9 LAMEA POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 10 LAMEA POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 11 LAMEA Flexible Market, by Country, 2019 - 2022, USD Thousands
TABLE 12 LAMEA Flexible Market, by Country, 2023 - 2030, USD Thousands
TABLE 13 LAMEA Foldable Market, by Country, 2019 - 2022, USD Thousands
TABLE 14 LAMEA Foldable Market, by Country, 2023 - 2030, USD Thousands
TABLE 15 LAMEA Others Market, by Country, 2019 - 2022, USD Thousands
TABLE 16 LAMEA Others Market, by Country, 2023 - 2030, USD Thousands
TABLE 17 LAMEA POLED Panel Market, by Country, 2019 - 2022, USD Thousands
TABLE 18 LAMEA POLED Panel Market, by Country, 2023 - 2030, USD Thousands
TABLE 19 Brazil POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 20 Brazil POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 21 Brazil POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 22 Brazil POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 23 Brazil POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 24 Brazil POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 25 Argentina POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 26 Argentina POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 27 Argentina POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 28 Argentina POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 29 Argentina POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 30 Argentina POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 31 UAE POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 32 UAE POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 33 UAE POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 34 UAE POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 35 UAE POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 36 UAE POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 37 Saudi Arabia POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 38 Saudi Arabia POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 39 Saudi Arabia POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 40 Saudi Arabia POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 41 Saudi Arabia POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 42 Saudi Arabia POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 43 South Africa POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 44 South Africa POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 45 South Africa POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 46 South Africa POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 47 South Africa POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 48 South Africa POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 49 Nigeria POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 50 Nigeria POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 51 Nigeria POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 52 Nigeria POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 53 Nigeria POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 54 Nigeria POLED Panel Market, by Type, 2023 - 2030, USD Thousands
TABLE 55 Rest of LAMEA POLED Panel Market, 2019 - 2022, USD Thousands
TABLE 56 Rest of LAMEA POLED Panel Market, 2023 - 2030, USD Thousands
TABLE 57 Rest of LAMEA POLED Panel Market, by Application, 2019 - 2022, USD Thousands
TABLE 58 Rest of LAMEA POLED Panel Market, by Application, 2023 - 2030, USD Thousands
TABLE 59 Rest of LAMEA POLED Panel Market, by Type, 2019 - 2022, USD Thousands
TABLE 60 Rest of LAMEA 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 LAMEA 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 LAMEA POLED Panel Market share, by Application, 2022
FIG 7 LAMEA POLED Panel Market share, by Application, 2030
FIG 8 LAMEA POLED Panel Market, by Application, 2019 - 2030, USD Thousands
FIG 9 LAMEA POLED Panel Market share, by Type, 2022
FIG 10 LAMEA POLED Panel Market share, by Type, 2030
FIG 11 LAMEA POLED Panel Market, by Type, 2019 - 2030, USD Thousands
FIG 12 LAMEA POLED Panel Market share, by Country, 2022
FIG 13 LAMEA POLED Panel Market share, by Country, 2030
FIG 14 LAMEA 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.