Market updates | OLED-Info

Article last updated on: Aug 11, 2019

Are you looking for OLED market reports? OLED-Info publishes the world's leading hands-on market reports, covering a wide range of areas such as automotive OLEDs, flexible OLEDs, OLED for VR and AR, transparent OLEDs and more.

See below for our two most popular reports, for the flexible and transparent market reports. See the full range of our market reports here.

The Flexible OLED Market Report:

Why flexible displays and lighting panels are so exciting
What kind of flexible displays are currently on the market
What the future holds for flexible OLEDs
How to acquire flexible OLEDs for your products

The report package provides a good introduction to the flexible OLED market - present and future. It details both flexible displays and lighting technologies.

The Transparent OLED Market Report:

Transparent OLED properties and advantages
What are the main challenges towards transparent OLEDs
What kind of transparent OLED displays are currently on the market
The transparent OLED lighting market

The report package provides a good introduction to the transparent OLED market - present and future. It details both displays and lighting technologies.

The OLED Handbook

OLED-Info offers the OLED Handbook, a comprehensive guide to OLED technology, industry and market. Our leading guide to OLED technologies OLED Handbook is the best way to quickly get in-depth OLED knowledge and become an OLED expert.

Reading this book, you'll learn all about:

OLED technology, materials and production processes
What kind of OLED panels are available on the market today
What are the obstacles on the way for cheaper OLEDs
The OLED TV market
The future of OLED displays and lighting and the challenges ahead
And a lot more!

Recent OLED Market Reports news

DSCC lowers its foldable OLED market forecasts - now sees 68 million panels shipped in 2023

DSCC updated its foldable OLED market forecasts, saying that it now expects the market to grow slower than it anticipated earlier this year. In 2019 DSCC sees 360,000 foldable panels produced in 2019, with less than 250,000 actual devices sold. By 2023, the market will grow to over 68 million units (a CAGR of 272%) generating over $8 billion in revenues.

Foldable OLED market forecast (2019-2023, DSCC August 2019)

Smartphones will remain the leading devices to adopt foldable OLEDs throughout the forecast period, and starting in 2020 DSCC sees clamshell designs with at least a 60% unit share. DSCC sees ultra-thin glass as becoming a significant player, with Samsung adopting SCHOTT UTG starting in 2020. Ultra-thin glass enables an aggressive folding radius, scratch resistance, hardness and a similar touch experience to current glass based displays.

Read the full story Posted: Aug 15, 2019

Magnachip reports record OLED driver sales, surpasses the 500 million OLED driver shipment milestone

OLED driver IC developer MagnaChip reported its financial results for Q2 2019, with revenues that exceeded its own guidance. One of the company's main growth drivers is OLED display driver ICs, which were up 7% from Q2 2018 to $73 million, the company's highest quarter ever.

Magnachip drivers and chips photo

Magnachip says that its OLED business benefited from six new OLED smartphone that were launched in Asia during the quarter, and the company also secured four new design wins. Most of its OLED driver revenues are from its 40-nm display driver, but its new 28-nm driver has entered mass production and will be a key revenue driver going forward.

Read the full story Posted: Aug 04, 2019

The OLED Marketplace, find your OLED here

Sharp to stop producing smartphone OLED displays

Business Korea reports that Sharp will withdraw from the smartphone OLED market. Sharp started producing OLEDs in low volume in August 2018, and Business Korea quotes IHS saying that Sharp understands it cannot compete with Korean and Chinese companies with both technology and price.

Business Korea says that Sharp produced a total of 60,000 smartphone OLED panels - 6.2" 1440x2992 flexible notch-type AMOLEDs that were adopted in Sharp's own Aquos Zero phone. Sharp has already stopped production last month. It is not clear if Sharp will still continue to produce OLEDs for other applications (automotive perhaps?) or will it withdraw from all production.

Read the full story Posted: Aug 03, 2019

Riber, Coherent and Cognex post clashing views on the 2020 OLED market rebound

2019 is shaping up to be a dramatically-low investment year for the OLED industry. DSCC for example expects that the market will fall 88% in 2019 compared to 2018. Two companies reported their financial results this week, with interesting notes about the OLED market.

First up is France-based effusion cells and sources producer Riber. The company reported that H1 2019 revenues in its evaporator business fell from €10.4 in H1 2018 to only €1 million. The sharp decline is linked to the "freeze on investments in OLED screen production equipment following the major investments made in previous years".

Read the full story Posted: Jul 31, 2019

DSCC sees the OLED material market growing from $1 billion in 2018 to over $2 billion in 2022

DSCC analysts say that OLED stack materials will grow from $1.04 billion in 2018 to over $2 billion in 2022 - a CAGR of 17%.

OLED material revenue by application (2017-2023, DSCC)

DSCC says that up until now it greatly underestimated Novaled's revenues, and it now says that Novaled generated revenues of $97 million in 2017 and $122 million in 2018. Novaled is the third largest OLED material company by revenue - following Universal Display and Merck. The three companies combined will hold a market share of 56% in 2023.

Read the full story Posted: Jul 19, 2019

AVC: OLED TV sales in China to reach 800,000 units in 2020, as China is set to become the world's largest market for OLED TVs

China-based All View Cloud consultancy says that OLED TV sales in China will reach 380,000 units in 2019, (up from 210,000 in 2018 and 120,000 in 2017) and will rise to 800,000 units in 2020. By 2021 or 2021 the sales will surpass 2 million units - which will make China the world's largest market for OLED TVs.

LG 2019 ThinQ AI OLED TV ad

According to AVC, Skyworth is leading the Chinese OLED TV market with 46% of total OLED sales in 2017, followed by LG (16%) and Sony (14.9%). The penetration of OLED TVs in China is relatively low, compared to the US, Europe and Japan and there's much room for growth.

Read the full story Posted: Jul 13, 2019

OLED-Info's foldable, flexible, VR/AR, transparent, microdisplays, PMOLED, automotive and graphene OLED market reports updated to July 2019

Today we published new versions of our market reports - that cover the flexible, VR/AR, microdisplays, automotive, PMOLED and graphene OLED markets. OLED-Info provides comprehensive niche OLED market reports, and our reports cover everything you need to know about the niche market, and can be useful if you want to understand how the OLED industry works and what this technology can provide for your own industry. The reports are now updated to July 2019.

The Flexible and Foldable OLED Market Report:

Why flexible displays and lighting panels are so exciting
What kind of flexible displays are currently on the market
All about the foldable OLED market and industry
What the future holds for flexible OLEDs
How to acquire flexible OLEDs for your products

The report package provides a good introduction to the flexible and foldable OLED market - present and future. It details both flexible displays and lighting technologies. Read more here!

Read the full story Posted: Jul 10, 2019

DSCC: smartwatch OLED display shipments to grow 28% in 2019

DSCC says that shipments of smartwatch OLED displays grew 124% in the first quarter of 2019, and the company expects yearly shipments to grow 28% in 2019 to reach 63.9 million units.

Smartwatch OLED shipments (2018-2019, DSCC)

Even though each single display is small (around 1.4-inch), smartwatches are the third largest OLED application in terms of revenues (after smartphones and TVs) and total revenues will reach $1.5 billion in 2019.

Read the full story Posted: Jul 03, 2019

DSCC: Samsung, Apple and Huawei are the world's top flexible AMOLED smartphone customers

DSCC published an interesting note, detailing the world's top 10 devices by flexible AMOLED sales in the first half of 2019. The list contains only three vendors: Samsung, Apple and Huawei.

Huawei Mate P30 Pro photo

Total flexible AMOLED revenues for these ten devices are almost $4.7 billion, and Samsung phones account for 53% ($2.5 billion). Apple has only 2 leading models, but accounts for 30% of the revenues ($1.4 billion) and Huawei phones generated $723 million in flexible AMOLED revenues.

Read the full story Posted: Jun 29, 2019

IHS: Ink-Jet printing to finally become a mass production OLED production process in 2020

IHS says that ink-jet printing of OLED displays is finally ready to enter mass production in 2020. Production will begin at a rate of around 105,000 yearly substrates (209,000 sqm) in 2020, but will grow 12-fold within 4 years to reach 1.3 million yearly substrates in 2024 (or 7.3 million sqm).

OLED TV production cost comparison (IHS, WOLED vs IJP, June 2019)

The first producer to begin mass production using ink-jet printing will be JOLED who will enter mass production in 2020 (it already produces panels but at very low volume). OLED makers in China will quickly follow JOLED with mass production investments starting in 2020 or 2021.

Read the full story Posted: Jun 28, 2019