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Oct 15, 2013

Market report company UBI Research says that the flexible OLED market is set to grow quickly - in fact shipments in 2018 will reach 200 million panels, up over 2600% from 2014 (7.5 million panels).

UBI research flexible OLED forecasts (2014-2018)



In terms of revenue, the market will grow from $714 million in 2014 to almost $15 billion by 2018. UBI is much more optimistic than IHS which forecasts that the flexible OLED market will reach only $100 million in 2014. Both companies agree though that growth will be fast, and IHS sees the market reaching $4 billion in 2018 and $12 billion by 2020.

This will mostly depend on LGD's and Samsung's capacity increases. I think IHS assumes that the companies will stay with the same production rates throughout 2013 and 2014, while UBI sees new production lines starting production early in 2014.

Flexible OLED market report