Global Automotive OLED Market 2017-2021 - Product Image

Global Automotive OLED Market 2017-2021

  • ID: 4115376
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • Astron FIAMM
  • GE
  • KONICA MINOLTA
  • LG Chem
  • NIPPON SEIKI
  • OSRAM
  • MORE
About Automotive OLED

An OLED is a LED that emits light in response to an electric current. In an OLED, the emissive electroluminescent layer is a film of organic compounds, which is responsible for the emission of light on application of electricity. OLEDs are used to create digital displays in various electronic applications such as TV screens, PC monitors, mobile phones, and gaming consoles. OLED lights can display deeper black levels on screens and are lighter and thinner than LED lights. An OLED light achieves a higher contrast ratio than a LED light in low ambient light conditions such as in dark rooms. As OLED production lines are still small, costs of OLED production are high. The automotive OLED market is at a dormant stage currently, and it would require several years to develop and become mature.

The analysts forecast the global automotive OLED market to grow at a CAGR of 16.68% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive OLED market for 2017-2021. To calculate the market size, the report covers the units produced for headlamps, rear lamps, fog lamps, side lamps, and interior displays panels.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Automotive OLED Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

Key vendors
- Astron FIAMM
- LG Chem
- OSRAM
- Philips

Other prominent vendors
- GE
- KONICA MINOLTA
- NIPPON SEIKI
- WINSTAR
- Visteon

Market drivers
- Falling price of LED displays to incentivize higher sales of OLED systems.
- For a full, detailed list, view the full report

Market challenges
- Intense vendor competition
- For a full, detailed list, view the full report

Market trends
- OLED panel acting as a switch between sunroof and source of light
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Astron FIAMM
  • GE
  • KONICA MINOLTA
  • LG Chem
  • NIPPON SEIKI
  • OSRAM
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
Key market highlights
Overview: OLED
Top-vendor offerings

PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis

PART 06: Market segmentation by application
Global automotive OLED market for exterior lighting 2016-2021
Global automotive OLED market for interior lighting 2016-2021

PART 07: Geographical segmentation
Automotive OLED market in EMEA
Automotive OLED market in the Americas
Automotive OLED market in APAC

PART 08: Market drivers
Design flexibility
Inherent advantages
Structural advantage
Improvement in the comfort, safety, and appearance of vehicles through the use of OLEDs
Falling price of LED displays to incentivize higher sales of OLED systems

PART 09: Market challenges
High cost of production
Intense vendor competition
Short lifespan

PART 10: Market trends
Increase in the adoption of fuel-efficient vehicles
Rapid commercialization
Increase in R&D spending
OLED panel acting as a switch between sunroof and source of light

PART 11: Vendor landscape
Competitive scenario
Other prominent vendors

PART 12: Key vendor analysis
Astron FIAMM
LG Chem
OSRAM
Philips

PART 13: Appendix
List of abbreviations

Exhibit 01: Evolution of automotive headlamp technologies
Exhibit 02: Headlight technology comparison
Exhibit 03: Pros and cons of OLED in vehicles
Exhibit 04: Global presence of the major vendors of OLED lighting 2016
Exhibit 05: Cost comparison OLED versus LED ($ million/10 square meter)
Exhibit 06: Product offerings
Exhibit 07: Segmentation of global automotive OLED market
Exhibit 08: Global automotive OLED market 2016-2021 (in million units)
Exhibit 09: Five forces analysis
Exhibit 10: Global automotive OLED market by application 2016
Exhibit 11: Global automotive OLED market by application 2021
Exhibit 12: Global automotive OLED market by application 2016-2021 (in million units)
Exhibit 13: Global automotive OLED market for exterior lighting 2016-2021 (millions of units)
Exhibit 14: Global automotive OLED market for interior lighting 2016-2021 (millions of units)
Exhibit 15: Global automotive OLED market by geography 2016
Exhibit 16: Global automotive OLED market by geography 2021
Exhibit 17: Unit shipment of global OLED market by region 2016-2021 (in million units)
Exhibit 18: Automotive OLED market in EMEA 2016-2021 (in million units)
Exhibit 19: Automotive OLED market in the Americas 2016-2021 (in million units)
Exhibit 20: Automotive OLED market in APAC 2016-2021 (in million units)
Exhibit 21: Manufacturing cost breakdown of automotive OLEDs
Exhibit 22: Astron FIAMM: Business segmentation
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FEATURED COMPANIES

  • Astron FIAMM
  • GE
  • KONICA MINOLTA
  • LG Chem
  • NIPPON SEIKI
  • OSRAM
  • MORE
New Report Released: – Global Automotive OLED Market 2017-2021

The author of the report recognizes the following companies as the key players in the global automotive OLED market: Astron FIAMM, LG Chem, OSRAM, and Philips.

Other Prominent Vendors in the market are: GE, KONICA MINOLTA, NIPPON SEIKI, WINSTAR, and Visteon.

Commenting on the report, an analyst from the research team said: “One trend in market is increase in the adoption of fuel-efficient vehicles. The global automotive OLED market is expected to witness increased demand from fuel-efficient vehicles. OLED lighting panels provide OEMs with increased opportunities in fuel-efficient vehicles that feature advanced technologies such as hybrids, clean diesel engines, flexible-fuel ethanol vehicles, and turbocharged direct injection systems. According to the US government, the sale of hybrid vehicles will account for 50% of new light-duty vehicle sales by 2035. It has also been estimated that the number of hybrid vehicle sales will reach 19 million by 2035. Thus, with unconventional hybrid vehicles becoming a mainstay in the future automotive market, OLED manufacturing companies will find huge opportunities by developing efficient lighting technologies.”

According to the report, one driver in market is design flexibility. The invention of OLED lighting panels has changed the lighting panel market significantly. OLED lighting products have properties such as design flexibility, low power consumption, bright light, and thin size. Design flexibility is one of the attributes driving the OLED lighting panel market. The flexible, ultra-thin OLED panels are suitable for lighting the interior of automobiles. Thus, internal automotive lighting applications of OLEDS such as OLED dashboards, digital rear-view internal mirror, and internal mood lighting will evolve faster than external automotive lighting applications of OLEDS during the forecast period. The demand for flexible OLEDs is expected to grow during the forecast period, resulting in an increase in the sales of automotive OLED panels. Customers are becoming attracted toward OLEDs as they help in catering to the functional and aesthetic needs of cars.

Further, the report states that one challenge in market is high cost of production. OLEDs are currently being used in luxury and high-end vehicles. The global automotive OLED market can grow significantly only if the use of OLEDs in the mid-priced vehicles segment increases. However, the cost of manufacturing OLED lighting products is high as the plants required for manufacturing OLED lighting products are expensive. This limits the scope of installation of OLEDs in these vehicles as the budget for the lighting segment of these vehicles is quite low in comparison to the budget required for installing OLEDs. The cost of installing OLEDs is expected to decrease in the near future but is currently acting as a challenge for the manufacturers. Strategic acquisitions are quite common among the vendors in the global automotive LED market. This is because, with rising competition, it has become crucial for vendors to have a diversified geographical and product portfolio. Setting up new units or businesses is expensive, and it takes some time to realize the gains from new businesses. Thus, strategic acquisitions are often preferred to setting up of new businesses.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • Astron FIAMM
  • LG Chem
  • OSRAM
  • Philips
  • GE
  • KONICA MINOLTA
  • NIPPON SEIKI
  • WINSTAR
  • Visteon
Note: Product cover images may vary from those shown
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