The OLED Market size was valued at USD 45.6 billion in 2022 and is expected to grow to USD 231.23 billion by 2030 and grow at a CAGR of 22.5% over the forecast period of 2023-2030.
The display and lighting segments of the OLED Market are based on application. The display segment dominated the global OLED market in 2022. OLED market offer superior display quality in comparison to alternative display systems. OLED market have a long lifespan, which is why phones use them. Increasing consumer spending across all regions has been the primary driver of smartphone sales during the projected period. The need for real-time information transmission and the growing need for mobile internet services and apps are expected to drive significant demand growth for smartphones globally. Rising disposable income in general and in the Asia Pacific region specifically is expected to drive the market.
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The substrates, encapsulation, anode, HIL, HTL, ETL, EML, and cathode are included in the segmentation of the OLED Market based on type. The global market in 2022 was dominated by the substrates category. This is due to the increasing availability and low cost of electronic devices such as televisions and smartphones. On substrates, OLEDs are constructed. Beginning in June 2021, Samsung is creating a stretchable OLED Market for wearable technology. Samsung's OLED flexible skin prototype can be stretched by up to 30% without losing functionality. This will promote new technological advancements and present new business growth opportunities, which will promote the substrate segment's growth.
High demand for OLED lighting that is economical and energy-efficient
Lighting uses about 15% of the world's total energy consumption. In addition, lighting accounts for about 5% of global carbon emissions. The United Nations Environment Programme (UNEP) has released some guidelines on energy-efficient lighting options to help reduce carbon emissions. With rapid economic growth and urbanization occurring in Europe and the Middle East, it is projected that over the next 20 years, there will be a substantial increase in demand for OLED-based lighting. Thus, it is anticipated that the need for more LED-based lighting to achieve effective cost and energy savings will fuel the global OLED market's expansion in the years to come.
Growing Need for Better Displays in Smartphones and Wearables
RESTRAIN:
Low OLED technology adoption rate
Because of their higher initial capital cost when compared to traditional lighting technologies, OLEDs are regarded as expensive. Moreover, the price includes the necessary circuitry and power supplies. Nevertheless, this only accounts for the initial outlay; when taking into account the OLED's lifespan, the overall cost would be less than that of traditional technologies. OLEDs have a lower total cost of ownership than LED and LCD sources, including maintenance and energy costs. Additionally, the early adoption of OLEDs is limited by the high initial level investments. Furthermore, OLED requires a lot of materials to manufacture, which drives up the cost of producing OLED displays and lighting. Furthermore, establishing new manufacturing facilities requires significant funding as well as government approval.
OPPORTUNITY:
OLED technology is developing quickly
OLEDs have garnered consistent attention from the global scientific and industrial community over the years. Many OLEDs with a broad range of uses across multiple industries have made their way onto the market, with a primary focus on active and passive matrix solutions. The creation of white OLEDs with a long shelf life of more than 15,000 hours at a brightness level of 1,000 cd/m2 is the main focus of research in the OLED market. In addition, bendable, lightweight, and unbreakable devices are now possible thanks to the development of flexible OLEDs with improved portability. Because OLED's are composed of organic light-emitting materials, they do not require the filtering and backlighting mechanisms found in LCD displays.
Profitable benefits provided by OLED technology
CHALLENGES:
OLED display manufacturing costs are high
During the projected period, the global market for OLED displays is anticipated to experience growth restraints due to the high cost of manufacturing. OLED display production comes at a very high cost. In actuality, compared to other modern technologies like LCD, the production of OLEDs necessitates process steps that greatly increase the overall cost of the final product.
Among the world's leading producers and exporters of arable crops, mainly cereals and oilseeds, are Russia and Ukraine. However, the majority of their domestic markets are supplied by the production of animal products. Over the previous five years, Russia and Ukraine have contributed, on average, 10% and 3% of the world's wheat production, respectively. Taking up 20% of global wheat exports, Russia and Ukraine are the top two and fifth largest exporters, respectively. In the Middle East and North Africa, where wheat is the primary staple food, both nations are vital suppliers of wheat to international markets. Less than 5% of the world's maize is produced in Russia and Ukraine combined, with Ukraine producing the majority of it. The majority of their production is exported because domestic consumption is so low; Ukraine is the third-largest exporter of maize to international markets. Large producers and exporters of other cereals, especially barley, are also Russia and Ukraine. Russia and Ukraine are the third and fourth largest barley exporters, respectively, and together they produce 20% of the world's barley. A significant portion of the barley produced in both nations is fed to domestic animals.
By Technology
Active-matrix OLED (AMOLED)
Passive-matrix OLED (PAMOLED)
Foldable OLED
White OLED
Transparent OLED
Others
By Product Type
Display
Lighting
By Display Panel Type
Rigid
Flexible
Others
By Application
Smartphone & Tablet
Smartwatches & Wearables
Television
Digital Signage Systems
PC Monitors
Laptop
Others
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Due to factors including the growing demand for TV display panels, the use of OLED screens in smartphones, digital signage, and the automotive industry, which all contribute to the market's expansion, North America is expected to hold the largest market share in the OLED market.
The OLED market is expected to grow significantly in Asia Pacific because the region is home to several major vendors, including Samsung and LG. Additionally, the region is home to companies that manufacture TVs, signage displays, and other products. One such company is Samsung Electronics; a significant producer of OLED displays with its headquarters located in South Korea. In addition, China is the center of OLED production and the consumer goods market with the fastest rate of growth, both of which are predicted to drive demand for OLED. Europe is a major producer of luxury cars; the region is also anticipated to see sustainable growth in the OLED market. However, the majority of luxury car manufacturers incorporate premium OLED displays, including central stack displays, instrument clusters, and HUDs. In the long run, this would spur demand for OLED screens and support industry expansion. Consumer electronics products are in high demand in the area, which will support market expansion generated by conventional OLED productions and featuring 30% wider viewing angles.
REGIONAL COVERAGE:
North America
US
Canada
Mexico
Europe
Eastern Europe
Poland
Romania
Hungary
Turkey
Rest of Eastern Europe
Western Europe
Germany
France
UK
Italy
Spain
Netherlands
Switzerland
Austria
Rest of Western Europe
Asia Pacific
China
India
Japan
South Korea
Vietnam
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
Middle East
UAE
Egypt
Saudi Arabia
Qatar
Rest of Middle East
Africa
Nigeria
South Africa
Rest of Africa
Latin America
Brazil
Argentina
Colombia
Rest of Latin America
Some of key players of OLED Market are Samsung Electronics, AU Optronics Corp, TDK Corporation, Sony Corporation, Rit Display, LG Display, Pioneer, Visionox, BOE Display, eMagin Corporation, Universal Display Corporation and other players are listed in a final report.
Samsung Electronics-Company Financial Analysis
January 2023: LG Display, a leader in the field of display technology, debuted the third-generation OLED TV panel at CES 2023. The manufacturer's most recent OLED TV panel, which is built using "META Technology," provides the highest quality image possible. The company's latest OLED displays have viewing angles that are 30% wider and pictures that are 60% brighter than those made by conventional OLED production thanks to the use of META Technology.
In January 2023, Samsung Display declared that a 77-inch Quantum Dot OLED panel would be produced. This company produces Quantum Dot OLED TVs for Sony, Samsung Electronics, and possibly other TV manufacturers that are keen to use the technology.
June 2022: In India, LG Electronics unveiled the UltraFine Display OLED and the CineBeam Projector. The two brand-new products from the company promise an amazing viewing experience thanks to their innovative features and aesthetically pleasing designs. The LG CineBeam HU715Q projector is powered by the WebOS operating system from LG. A professional-grade monitor, the 32EP950 UltraFine OLED Pro boasts real 10-bit color, 99 percent DCI-P3 color gamut coverage, and 99 percent Adobe Color gamut coverage in RGB.
| Report Attributes | Details |
| Market Size in 2022 | US$ 45.6 billion |
| Market Size by 2030 | US$ 231.23 billion |
| CAGR | CAGR of 22.5% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2019-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | By Technology (Active-matrix OLED (AMOLED), Passive-matrix OLED (PAMOLED), Foldable OLED, White OLED, Transparent OLED, Others), By Product Type (Display, Lighting), By Display Panel Type (Rigid, Flexible, Others), By Application (Smartphone & Tablet, Smartwatches & Wearables, Television, Digital Signage Systems, PC Monitors, Laptop, Others) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America) |
| Company Profiles | Samsung Electronics, AU Optronics Corp, TDK Corporation, Sony Corporation, Rit Display, LG Display, Pioneer, Visionox, BOE Display, eMagin Corporation, Universal Display Corporation |
| Market Opportunities | •OLED technology is developing quickly •Profitable benefits provided by OLED technology |
| Market Challenges: | •OLED display manufacturing costs are high |
OLED technology is developing quickly & Profitable benefits provided by OLED technology.
High demand for OLED lighting that is economical and energy-efficient & Growing Need for Better Displays in Smartphones and Wearables.
North America is dominating the OLED Market.
OLED Market size was valued at USD 45.6 billion in 2022
OLED Market is anticipated to expand by 22.5% from 2023 to 2030.
TABLE OF CONTENTS
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 Impact of the Ukraine- Russia war
4.2 Impact of ongoing Recession
4.2.1 Introduction
4.2.2 Impact on major economies
4.2.2.1 US
4.2.2.2 Canada
4.2.2.3 Germany
4.2.2.4 France
4.2.2.5 United Kingdom
4.2.2.6 China
4.2.2.7 Japan
4.2.2.8 South Korea
4.2.2.9 Rest of the World
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. OLED Market Segmentation, By Technology
8.1 Active-matrix OLED (AMOLED)
8.2 Passive-matrix OLED (PAMOLED)
8.3 Foldable OLED
8.4 White OLED
8.5 Transparent OLED
8.6 Others
9. OLED Market Segmentation, By Product Type
9.1 Display
9.2 Lighting
10. OLED Market Segmentation, By Display Panel Type
10.1Rigid
10.2 Flexible
10.3 Others
11. OLED Market Segmentation, By Application
11.1 Smartphone & Tablet
11.2 Smartwatches & Wearables
11.3 Television
11.4 Digital Signage Systems
11.5 PC Monitors
11.6 Laptop
11.7 Others
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America OLED Market by Country
12.2.2North America OLED Market by Technology
12.2.3 North America OLED Market by Product Type
12.2.4 North America OLED Market by Display Panel Type
12.2.5 North America OLED Market by Application
12.2.6 USA
12.2.6.1 USA OLED Market by Technology
12.2.6.2 USA OLED Market by Product Type
12.2.6.3 USA OLED Market by Display Panel Type
12.2.6.4 USA OLED Market by Application
12.2.7 Canada
12.2.7.1 Canada OLED Market by Technology
12.2.7.2 Canada OLED Market by Product Type
12.2.7.3 Canada OLED Market by Display Panel Type
12.2.7.4 Canada OLED Market by Application
12.2.8 Mexico
12.2.8.1 Mexico OLED Market by Technology
12.2.8.2 Mexico OLED Market by Product Type
12.2.8.3 Mexico OLED Market by Display Panel Type
12.2.8.4 Mexico OLED Market by Application
12.3 Europe
12.3.1 Eastern Europe
12.3.1.1 Eastern Europe OLED Market by Country
12.3.1.2 Eastern Europe OLED Market by Technology
12.3.1.3 Eastern Europe OLED Market by Product Type
12.3.1.4 Eastern Europe OLED Market by Display Panel Type
12.3.1.5 Eastern Europe OLED Market by Application
12.3.1.6 Poland
12.3.1.6.1 Poland OLED Market by Technology
12.3.1.6.2 Poland OLED Market by Product Type
12.3.1.6.3 Poland OLED Market by Display Panel Type
12.3.1.6.4 Poland OLED Market by Application
12.3.1.7 Romania
12.3.1.7.1 Romania OLED Market by Technology
12.3.1.7.2 Romania OLED Market by Product Type
12.3.1.7.3 Romania OLED Market by Display Panel Type
12.3.1.7.4 Romania OLED Market by Application
12.3.1.8 Hungary
12.3.1.8.1 Hungary OLED Market by Technology
12.3.1.8.2 Hungary OLED Market by Product Type
12.3.1.8.3 Hungary OLED Market by Display Panel Type
12.3.1.8.4 Hungary OLED Market by Application
12.3.1.9 Turkey
12.3.1.9.1 Turkey OLED Market by Technology
12.3.1.9.2 Turkey OLED Market by Product Type
12.3.1.9.3 Turkey OLED Market by Display Panel Type
12.3.1.9.4 Turkey OLED Market by Application
12.3.1.10 Rest of Eastern Europe
12.3.1.10.1 Rest of Eastern Europe OLED Market by Technology
12.3.1.10.2 Rest of Eastern Europe OLED Market by Product Type
12.3.1.10.3 Rest of Eastern Europe OLED Market by Display Panel Type
12.3.1.10.4 Rest of Eastern Europe OLED Market by Application
12.3.2 Western Europe
12.3.2.1 Western Europe OLED Market by Country
12.3.2.2 Western Europe OLED Market by Technology
12.3.2.3 Western Europe OLED Market by Product Type
12.3.2.4 Western Europe OLED Market by Display Panel Type
12.3.2.5 Western Europe OLED Market by Application
12.3.2.6 Germany
12.3.2.6.1 Germany OLED Market by Technology
12.3.2.6.2 Germany OLED Market by Product Type
12.3.2.6.3 Germany OLED Market by Display Panel Type
12.3.2.6.4 Germany OLED Market by Application
12.3.2.7 France
12.3.2.7.1 France OLED Market by Technology
12.3.2.7.2 France OLED Market by Product Type
12.3.2.7.3 France OLED Market by Display Panel Type
12.3.2.7.4 France OLED Market by Application
12.3.2.8 UK
12.3.2.8.1 UK OLED Market by Technology
12.3.2.8.2 UK OLED Market by Product Type
12.3.2.8.3 UK OLED Market by Display Panel Type
12.3.2.8.4 UK OLED Market by Application
12.3.2.9 Italy
12.3.2.9.1 Italy OLED Market by Technology
12.3.2.9.2 Italy OLED Market by Product Type
12.3.2.9.3 Italy OLED Market by Display Panel Type
12.3.2.9.4 Italy OLED Market by Application
12.3.2.10 Spain
12.3.2.10.1 Spain OLED Market by Technology
12.3.2.10.2 Spain OLED Market by Product Type
12.3.2.10.3 Spain OLED Market by Display Panel Type
12.3.2.10.4 Spain OLED Market by Application
12.3.2.11 Netherlands
12.3.2.11.1 Netherlands OLED Market by Technology
12.3.2.11.2 Netherlands OLED Market by Product Type
12.3.2.11.3 Netherlands OLED Market by Display Panel Type
12.3.2.11.4 Netherlands OLED Market by Application
12.3.2.12 Switzerland
12.3.2.12.1 Switzerland OLED Market by Technology
12.3.2.12.2 Switzerland OLED Market by Product Type
12.3.2.12.3 Switzerland OLED Market by Display Panel Type
12.3.2.12.4 Switzerland OLED Market by Application
12.3.2.13 Austria
12.3.2.13.1 Austria OLED Market by Technology
12.3.2.13.2 Austria OLED Market by Product Type
12.3.2.13.3 Austria OLED Market by Display Panel Type
12.3.2.13.4 Austria OLED Market by Application
12.3.2.14 Rest of Western Europe
12.3.2.14.1 Rest of Western Europe OLED Market by Technology
12.3.2.14.2 Rest of Western Europe OLED Market by Product Type
12.3.2.14.3 Rest of Western Europe OLED Market by Display Panel Type
12.3.2.14.4 Rest of Western Europe OLED Market by Application
12.4 Asia-Pacific
12.4.1 Asia Pacific OLED Market by Country
12.4.2 Asia Pacific OLED Market by Technology
12.4.3 Asia Pacific OLED Market by Product Type
12.4.4 Asia Pacific OLED Market by Display Panel Type
12.4.5 Asia Pacific OLED Market by Application
12.4.6 China
12.4.6.1 China OLED Market by Technology
12.4.6.2 China OLED Market by Product Type
12.4.6.3 China OLED Market by Display Panel Type
12.4.6.4 China OLED Market by Application
12.4.7 India
12.4.7.1 India OLED Market by Technology
12.4.7.2 India OLED Market by Product Type
12.4.7.3 India OLED Market by Display Panel Type
12.4.7.4 India OLED Market by Application
12.4.8 Japan
12.4.8.1 Japan OLED Market by Technology
12.4.8.2 Japan OLED Market by Product Type
12.4.8.3 Japan OLED Market by Display Panel Type
12.4.8.4 Japan OLED Market by Application
12.4.9 South Korea
12.4.9.1 South Korea OLED Market by Technology
12.4.9.2 South Korea OLED Market by Product Type
12.4.9.3 South Korea OLED Market by Display Panel Type
12.4.9.4 South Korea OLED Market by Application
12.4.10 Vietnam
12.4.10.1 Vietnam OLED Market by Technology
12.4.10.2 Vietnam OLED Market by Product Type
12.4.10.3 Vietnam OLED Market by Display Panel Type
12.4.10.4 Vietnam OLED Market by Application
12.4.11 Singapore
12.4.11.1 Singapore OLED Market by Technology
12.4.11.2 Singapore OLED Market by Product Type
12.4.11.3 Singapore OLED Market by Display Panel Type
12.4.11.4 Singapore OLED Market by Application
12.4.12 Australia
12.4.12.1 Australia OLED Market by Technology
12.4.12.2 Australia OLED Market by Product Type
12.4.12.3 Australia OLED Market by Display Panel Type
12.4.12.4 Australia OLED Market by Application
12.4.13 Rest of Asia-Pacific
12.4.13.1 Rest of Asia-Pacific OLED Market by Technology
12.4.13.2 Rest of Asia-Pacific OLED Market by Product Type
12.4.13.3 Rest of Asia-Pacific OLED Market by Display Panel Type
12.4.13.4 Rest of Asia-Pacific OLED Market by Application
12.5 Middle East & Africa
12.5.1 Middle East
12.5.1.1 Middle East OLED Market by country
12.5.1.2 Middle East OLED Market by Technology
12.5.1.3 Middle East OLED Market by Product Type
12.5.1.4 Middle East OLED Market by Display Panel Type
12.5.1.5 Middle East OLED Market by Application
12.5.1.6 UAE
12.5.1.6.1 UAE OLED Market by Technology
12.5.1.6.2 UAE OLED Market by Product Type
12.5.1.6.3 UAE OLED Market by Display Panel Type
12.5.1.6.4 UAE OLED Market by Application
12.5.1.7 Egypt
12.5.1.7.1 Egypt OLED Market by Technology
12.5.1.7.2 Egypt OLED Market by Product Type
12.5.1.7.3 Egypt OLED Market by Display Panel Type
12.5.1.7.4 Egypt OLED Market by Application
12.5.1.8 Saudi Arabia
12.5.1.8.1 Saudi Arabia OLED Market by Technology
12.5.1.8.2 Saudi Arabia OLED Market by Product Type
12.5.1.8.3 Saudi Arabia OLED Market by Display Panel Type
12.5.1.8.4 Saudi Arabia OLED Market by Application
12.5.1.9 Qatar
12.5.1.9.1 Qatar OLED Market by Technology
12.5.1.9.2 Qatar OLED Market by Product Type
12.5.1.9.3 Qatar OLED Market by Display Panel Type
12.5.1.9.4 Qatar OLED Market by Application
12.5.1.10 Rest of Middle East
12.5.1.10.1 Rest of Middle East OLED Market by Technology
12.5.1.10.2 Rest of Middle East OLED Market by Product Type
12.5.1.10.3 Rest of Middle East OLED Market by Display Panel Type
12.5.1.10.4 Rest of Middle East OLED Market by Application
12.5.2. Africa
12.5.2.1 Africa OLED Market by country
12.5.2.2 Africa OLED Market by Technology
12.5.2.3 Africa OLED Market by Product Type
12.5.2.4 Africa OLED Market by Display Panel Type
12.5.2.5 Africa OLED Market by Application
12.5.2.6 Nigeria
12.5.2.6.1 Nigeria OLED Market by Technology
12.5.2.6.2 Nigeria OLED Market by Product Type
12.5.2.6.3 Nigeria OLED Market by Display Panel Type
12.5.2.6.4 Nigeria OLED Market by Application
12.5.2.7 South Africa
12.5.2.7.1 South Africa OLED Market by Technology
12.5.2.7.2 South Africa OLED Market by Product Type
12.5.2.7.3 South Africa OLED Market by Display Panel Type
12.5.2.7.4 South Africa OLED Market by Application
12.5.2.8 Rest of Africa
12.5.2.8.1 Rest of Africa OLED Market by Technology
12.5.2.8.2 Rest of Africa OLED Market by Product Type
12.5.2.8.3 Rest of Africa OLED Market by Display Panel Type
12.5.2.8.4 Rest of Africa OLED Market by Application
12.6. Latin America
12.6.1 Latin America OLED Market by country
12.6.2 Latin America OLED Market by Technology
12.6.3 Latin America OLED Market by Product Type
12.6.4 Latin America OLED Market by Display Panel Type
12.6.5 Latin America OLED Market by Application
12.6.6 Brazil
12.6.6.1 Brazil OLED Market by Technology
12.6.6.2 Brazil OLED Market by Product Type
12.6.6.3 Brazil OLED Market by Display Panel Type
12.6.6.4 Brazil OLED Market by Application
12.6.7 Argentina
12.6.7.1 Argentina OLED Market by Technology
12.6.7.2 Argentina OLED Market by Product Type
12.6.7.3 Argentina OLED Market by Display Panel Type
12.6.7.4 Argentina OLED Market by Application
12.6.8 Colombia
12.6.8.1 Colombia OLED Market by Technology
12.6.8.2 Colombia OLED Market by Product Type
12.6.8.3 Colombia OLED Market by Display Panel Type
12.6.8.4 Colombia OLED Market by Application
12.6.9 Rest of Latin America
12.6.9.1 Rest of Latin America OLED Market by Technology
12.6.9.2 Rest of Latin America OLED Market by Product Type
12.6.9.3 Rest of Latin America OLED Market by Display Panel Type
12.6.9.4 Rest of Latin America OLED Market by Application
13 Company Profile
13.1 Samsung Electronics
13.1.1 Company Overview
13.1.2 Financials
13.1.3 Products/ Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 AU Optronics Corp
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Products/ Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 TDK Corporation
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Products/ Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Sony Corporation
13.4 Company Overview
13.4.2 Financials
13.4.3 Products/ Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Rit Display
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Products/ Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 LG Display
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Products/ Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Pioneer
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Products/ Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Visionox
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Products/ Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 BOE Display
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Products/ Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View
13.10 eMagin Corporation
13.10.1 Company Overview
13.10.2 Financials
13.10.3 Products/ Services Offered
13.10.4 SWOT Analysis
13.10.5 The SNS View
13.11 Universal Display Corporation
13.11.1 Company Overview
13.11.2 Financials
13.11.3 Products/ Services Offered
13.11.4 SWOT Analysis
13.11.5 The SNS View
14. Competitive Landscape
14.1 Competitive Bench marking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions
15. USE Cases and Best Practices
16. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
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