OLED TV Market 2015 to grow at a CAGR of 76.20% by 2019: Market Research Store

Deerfield Beach, FL -- (SBWire) -- 09/21/2015 --About OLED TVs
OLED TVs work on the OLED display technology. They are thinner, lighter, and brighter, and provide better refresh rates and consume less energy compared with its counterparts LCD, plasma, or LED. Global OLED TV market to grow at a CAGR of 76.20% over the period 2014-2019. OLED TVs do not require backlight unlike LED TVs, because each pixel itself emits light, thus making OLED TV contrast electroluminescent. The self-emitting diodes differentiates OLED TV display from others by creating real colors, perfect contrast, and blur-free
picture.

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OLED TVs: About the Report

According to the latest market research report, OLED display technology boasts several advantages over older technologies. OLED TVs offer a viewing angle of 180 degrees, superior contrast ratio, better refresh rate and a sharper image quality when compared to LCDs and LED displays.

"The inherent benefits of OLED TVs will increase the demand and production of OLED TVs, thus accelerating market growth,".

Covered in this Report

This report covers the present scenario and the growth prospects of the global OLED TV market for the period 2015-2019. The market size is calculated by considering the revenue generated from the shipments of OLED TVs globally. The report covers OLED TVs across all the resolutions, OLED curved TVs, and flat TVs. However, the report does not consider the following to calculate the market size:

- Aftermarket sales of OLED TVs
- Shipment of LCD or plasma TVs
- Shipment of OLED monitors or any large screen applications other than TVs
- Shipment of accessories and peripherals of OLED TVs

Global OLED TV Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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The new report also emphasizes the increase in R&D spending, as vendors seek to invest in the new technology to strengthen their market presence. Leading market vendors like LG Electronics, Konka Group, Panasonic and Sony have increased their investments in R&D on OLED displays to tap the huge growth potential of the market.

"Vendors are working on developing a set of technology standards for all end-products through an effective R&D process,"