Display Supply Chain Consultants (DSCC) released its new OLED supply, demand and equipment quarterly report, and the company supplied some interesting forecasts from that report.
DSCC sees OLED capacity rising from 7.5 million m2 in 2016 to 40.4 million m2 in 2021 - a CAGR of 52%. In terms of shipments, DSCC sees 389 million panels shipped in 2016, growing to 1.34 billion in 2021. Most of the capacity investment in the near future will be for flexible displays - and so flexible mobile OLED capacity will overtake rigid capacity in early 2018.
OLED TV production capacity is also expected to rise quickly - at a 52% CAGR (similar to the total OLED capacity growth), and by 2021 production capacity will be enough for 8.4 million 55" panels. Korea-based producers will have market share of 63% in 2021, down from 92% in 2016. The market share of Chinese-based vendors will reach 32% in 2012.