Global OLED Materials Market - 2019-2026
|OLEDマテリアルの世界市場：2019-2026年 Global OLED Materials Market - 2019-2026|
|出版日: 2020年07月18日||ページ情報: 英文||
市場は、ワイヤレス技術デバイスの実装が急増しているスマートフォン、LED、デジタルディスプレイの世界的な販売の増加に伴うOLEDマテリアルの需要拡大に牽引されています。 OLEDマテリアルは、世界的に数が増加しているディスプレイ、スマートフォンの照明、テレビ、 ワイヤレスデバイスの製造に使用される原料です。 2018年の5G America Organizationによると、4G Long Term Evolution（LTE）を含むワイヤレス技術により、IoT接続は世界で約37億の接続数を記録し、最も速いペースで成長しています。
OLED Materials is composed of electrically conductive layers of organic materials situated between two electrodes, the anode and cathode can be deposited on a substrate. Organic light-emitting materials are available in different colors like red, blue and green for the mass production of active-matrix organic light-emitting diode (AMOLED) panels. The organic materials LED are more efficient, thinner brilliant colors, infinite contrast, fast response rate and wide viewing angles and even rollable. The common materials consists of a hole transport layer (HTL), an electron transport layer (ETL), and a capping layer (CPL); and functional materials used for making curve digital displays, LED television etc. The global OLED Materials market valued USD XX million in 2018 and it is expected to grow at a CAGR of XX% to reach USD XX million by 2026.
The market is driven by the rising demand for OLED materials with increasing sale of smartphones, LED, digital displays with surge in implementation of wireless technology devices by the people around the world. As OLED materials are the raw resources used for manufacturing of displays, lightings in smartphones, Televisions, and wireless devices with surge in the global population. According to the 5G America Organization in 2018, wireless technology including 4G Long Term Evolution (LTE), IoT connectivity has been growing at fastest pace with registering around 3.7 billion connections worldwide.
There is a rise in the launch of new innovative digital technology implemented of OLED Materials for various applications and rising the research and development investment for OLED materials. For instance, 12th June 2019, Novaled Company had opened new headquarter with state of art research and development center for cutting-edge OLED technology at Dresden Germany. The Company had invested around Euro30 million for quantum leap in the development of new materials for high-performance OLEDs technology by increasing the capacity of plant.
The global OLED Materials market is segmented based on type, voltage capacity, application, end user, and region.
In terms of Type the global OLED materials market is bifurcated into Substrates, Encapsulation, Anode, Hole Injection Layer (HIL), Hole Transport Layer (HTL), Electron Transport Layer (ETL), Emissive Layer (EML) and Cathode. Among this substrate segment has the highest market share in 2019, owing to increasing and for LED lightings due to low cost availability and rising LED lighting market penetration for saving electricity. According to the Climate Energy Organization in 2020, the LED lighting market has been estimated to around USD 160 billion per year due to LEDs capacity to save energy up to 50 to 70%.
Similarly, Encapsulation, Anode, Hole Injection Layer (HIL), Hole Transport Layer (HTL), Electron Transport Layer (ETL), Emissive Layer (EML) and Cathode segments also increasing at fastest pace owing to surge in the adoption LEDs with surge in the global population and growing launching of digital displays for manufacturing of LED televisions, smartphones, digital wearable's etc. For instance in June 2020, Samsung Company had launched its QT67 series QLED TV models in South Korea with first-class energy efficiency. This will propels the segmental growth for the OLED materials all over the world.
Depending on the application, the global OLED Materials are segmented into smartphones, automotive, television & monitors, notebooks & tablets and others.
Among this, smartphones segment has the highest market share in 2019. This growth is anticipated due rise in the growing smartphone sale all over the world with surge in internet users. According to International Monetary Fund in 2016, the global smartphone sale was around 1.5 billion units and is increasing continuously 1.1 billion per year by 2024 with surge in number of internet users.
Similarly, automotive, television & monitors, notebooks & tablets segment are also growing at faster pace due to adoption of digital technology with surge in global population especially in developing countries like China, India, and many others. According to the India Brand Equity Foundation, the television industry in India has been increased from USD 9.23 billion in 2016 to USD 11.78 billion by 2018, registering a growth of 13%.
Further, the market is also classified based on the end-users as industrial, commercial and residential. Among this, residential has highest market share in 2019, owing to increasing demand for LED lighting for household usage due to high energy saving capacity with surge in the global population. The International Energy Agency (IEA) in 2019, LED lightings including luminaires, bulbs, tubes, and modules sales has been reached to a critical milestone with more than 10 billion units. This is due to increasing adoption of LED lightings for residential usage.
Similarly, industrial and commercial segment is also growing the demand for energy savings for eco-friendly environment in the industrial area with surge in industrialization.
By region, the global OLED Materials market is segmented into North America, South America, Europe, Asia-Pacific, Middle-East, and Africa. Among all of the regions, Asia Pacific dominated the global OLED materials market and expected to grow at the highest CAGR during the forecasted period due to presence of number of LED manufacturers with surge in population demand especially in India and China. China is the world leader in LED manufacturing due to presence of raw materials, considerable government subsidies and incentives. According to climate group organization, China accounted for around 46% of LED products around the globe led by manufacturing, considerable government support, subsidies and incentives. Furthermore government supports and programs for promoting the LED lighting for household may drives the demand for OLED materials market. For instance Indian Government has held UJALA programme to provide affordable LEDs which has been helped deploy more than 360 million units in 2015, and reached to around 770 million units in 2019.
The North America and Europe region is expected to have positive market growth due to the growing technological advancement like digital wearable's, highest quality designed LED products. According to the Climate Group Organization, North America region has around 30% market share for the LED products followed by and Europe at 17% dominated due to world's highest quality LED products and design
The global OLED Materials market is highly competitive with the presence of several international and local markets. Product diversification, revenue generation, and opportunities intensify the market competition. Sigma-Aldrich Co., DuPont, TCI America, The Dow Chemical Company, Idemitsu Kosan Co., Ltd., Novaled GmbH, Merck KGaA, LG Chem, Sumitomo Chemical, Universal Display are the leading market players with significant market share.
Companies are entering into the collaborations, acquisitions, mergers, and licensing for increasing their market penetration. For instance, in June 2020, Samsung Company had announced to invest around USD 13.1 trillion for building World's first line of QD Display and scheduled to start production in 2021 with an initial 30,000 sheets for a huge QD display of 65 inches or larger. Furthermore, on 3rd December 2018, Idemitsu Kosan Company had been established manufacturing facility for OLED materials in Chengdu, China in order to accommodate the growing demand for organic light-emitting diode (OLED) materials in China.