IHS Markit - the Automotive OLED market is set to grow from $20 million in 2019 to over $4.5 billion in 2026

IHS Markit says that the automotive OLED market is set for fast growth - from around $20 million in 2019 (almost all from PMOLED displays) to over $360 million in 2020 and almost $4.5 billion in 2026.

Automotive OLED Market revenues forecast (2019-2026, IHS)

It seems as if IHS believes that AMOLED displays will finally penetrate the automotive market in 2020. Currently the only company that adopted AMOLEDs in its automobiles is Audi, and this is only in premium cars and niche applications.

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AMOLEDs offer several advantages over LCDs - higher efficiencies, better image quality, better durability and lower weight - but most importantly design freedom as OLEDs can be curved and flexible.

To learn more about how and when OLEDs will take the automotive market, check out our OLED Automotive Market Report.

Posted: Dec 20,2019 by Ron Mertens