The global market for PMOLEDs was valued at USD 1.8 billion in 2018; it is expected to reach USD 6.3 billion by the end of the forecast period at a CAGR of 19.7%. The trend of PMOLED is gaining popularity and companies are continuously focusing on developing technologies for various commercial and industrial applications of these displays. Increase in the usage of hand-held devices and the growing use of wearable devices in the form of fitness bands that use PMOLED displays is expected to drive the market during the forecast period.

The key players in the PMOLED market are US Micro Products (US), Visionox (China), Sony Corporation (Japan), Panasonic Corporation. (Japan), Samsung Electronics (South Korea),  Apple Inc (US), Accelopment AG (Switzerland), Raystar Optronics Inc (Taiwan), Japan Display (Japan), LG Display (South Korea), WiseChip Semiconductor Inc.(Taiwan), and Sharp Corporation (Japan) among others.

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Segmental Analysis

By type, the PMOLED market has been segmented into transparent PMOLED and flexible PMOLED. By application, the PMOLED market has been segmented into display and lighting. By end user, the PMOLED market has been segmented into residential, commercial, and industrial. By region, the PMOLED market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.