How big is the OLED Market | Manufacturers and Suppliers 2025

Code: MTA8482 Publication Date: Sep 2025

What is the size of OLED Market?

According to 6Wresearch internal database and industry insights, the Global OLED Market was valued at USD 43.2 Billion in 2024 and is expected to reach USD 87.4 Billion by 2031, growing at a compound annual growth rate of 18.40% during the forecast period (2025-2031).

The main drivers of this growth are increasing demand for energy-efficient display technologies, rising adoption in consumer electronics, and continuous innovations in flexible and transparent display panels used across smartphones, televisions, and automotive displays.

Growth Factors for OLED Industry

  • Rising adoption of OLED in high-end smartphones and premium television segments.
  • Increasing preference for thin, lightweight, and power-efficient display technologies.
  • Expansion of OLED usage in automotive dashboards and lighting systems.
  • Investments in flexible and transparent OLED research and development.
  • Adoption in wearable devices for enhanced visual quality and compact design.

OLED Market Trends

The OLED Market reflects trends in the manufacturing methods as manufacturers ramp up production, the trend of advanced screen resolutions, a wider colour gamut for OLED displays, and the development of more sustainable displays through green manufacturing methods. Businesses are working together to develop a variety of manufacturing processes and production methods. Design-driven products lead to more OLED adoption in consumer products and industrial applications. The demand for flexible displays for the next generation of consumer products is rising due to manufacturers reinventing and improving display technologies.

Developments in OLED Market

The developments in the OLED Market indicate growing capacity for manufacturing, growth in OLED manufacturing options, and efforts to reduce manufacturing costs by limiting the production components or materials. Many companies in the OLED Market are exploring new fabrication techniques, including printing technologies, novel agriculture methods, and quantum dots to improve OLED performance and lifetime, especially for larger-size applications. Developments in transparent and rollable OLED displays are gaining attention in sectors like automotive, retail signage, and wearable tech. Market players are aligning with ecosystem partners to accelerate commercialization timelines and secure stronger market presence through diversified OLED portfolios.

List of Leading Companies in the OLED Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Samsung Display

Company NameSamsung Display
Established Year1991
HeadquartersSuwon, South Korea
Official WebsiteClick Here

Samsung Display is a major OLED panel manufacturer known for pioneering flexible and foldable OLED displays.

2. LG Display

Company NameLG Display
Established Year1999
HeadquartersSeoul, South Korea
Official WebsiteClick Here

LG Display leads in large-size OLED production, especially for premium television and signage applications.

3. BOE Technology Group Co., Ltd.

Company NameBOE Technology Group Co., Ltd.
Established Year1993
HeadquartersBeijing, China
Official WebsiteClick Here

BOE is expanding its OLED capacity with a focus on smartphones and mid-size displays.

4. Visionox

Company NameVisionox
Established Year2001
HeadquartersHebei, China
Official WebsiteClick Here

Visionox specializes in flexible OLED panels and has a growing presence in foldable display applications.

5. Tianma Microelectronics

Company NameTianma Microelectronics
Established Year1983
HeadquartersShenzhen, China
Official WebsiteClick Here

Tianma develops OLED solutions for smartphones, tablets, and automotive displays.

6. AUO Corporation

Company NameAUO Corporation
Established Year1996
HeadquartersHsinchu, Taiwan
Official WebsiteClick Here

AUO focuses on AMOLED technologies for wearable and commercial display products.

7. JOLED Inc.

Company NameJOLED Inc.
Established Year2015
HeadquartersTokyo, Japan
Official WebsiteClick Here

JOLED emphasizes printed OLED technologies for efficient and scalable display manufacturing.

8. Royole Corporation

Company NameRoyole Corporation
Established Year2012
HeadquartersShenzhen, China
Official WebsiteClick Here

Royole is known for foldable OLED innovations and flexible electronics integration.

9. Innolux Corporation

Company NameInnolux Corporation
Established Year2003
HeadquartersMiaoli, Taiwan
Official WebsiteClick Here

Innolux is investing in OLED solutions for infotainment and mid-size consumer devices.

10. Epson

Company NameEpson
Established Year1942
HeadquartersNagano, Japan
Official WebsiteClick Here

Epson contributes to OLED manufacturing equipment and material development innovations.

How big is the OLED Market : FAQs

The OLED market is expected to surpass USD 87.4 Billion by 2031.
Key trends in the OLED market include flexible display adoption, printed OLED technology, transparent screens, and increased usage in automotive displays.
Major players in the OLED market include Samsung Display, LG Display, BOE Technology, Visionox, and JOLED.
Technological innovation, product differentiation, manufacturing efficiency, and strategic collaborations are intensifying competition in the OLED market.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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