The global organic light emitting diode market is anticipated to reach USD 39.85 billion by 2024. The market is likely to grow at a CAGR of 12.05% during the forecast period. Factors attributing to the market growth include; growing demand for energy efficient lighting products, rising adoption of electronic devices and gadgets, and increasing application of OLED in many end-use industries. Furthermore, the increasing demand for slimmer and lighter bodies of smart phones and smart watches with various designs is further augmenting the growth of the market.
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