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.
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
In early July, we published our quarterly update for our Automotive OLED Market Report. The update this time was comprehensive, as we overhauled the complete report.
The OLED Automotive market is heating up. AMOLED displays (mostly flexible ones) are finally being adopted by commercial cars, while OLED lighting panels continue to be designed into high-end automotive taillights as the ultimate lighting solution.
DSCC has published its latest OLED market forecast. The company raised its 2021 revenue expectations by 9% (to $42.5 billion) as it sees increased smartphone display shipments and higher OLED laptop shipments.
DSCC also increased its long term OLED revenue forecast by 11% to $60.6 billion by 2025. This is driven, again, by higher smartphone AMOLED shipments and increased adoption in IT markets (tablets, laptops and monitors).
Market research firm Omdia experts OLED for laptop shipments to grow rapidly - from 150,000 units in 2019 to 1.48 million units in 2021 and 2.57 million in 2022. The new Windows 11 which was just announced by Microsoft is expected to accelerate adoption of OLED panels in laptop devices.
Omdia estimates that the entire global OLED market will grow to 258.4 million units in 2021 - a 51% increase over 2019. The pandemic has increased demand for IT devices.
Today we published new versions of our market reports - that cover the transparent, PMOLED, microdisplays and automotive 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 2021.
Information on all companies involved in this market
What kind of displays are available on the market today
Future technologies and roadmaps
The report package also provides a complete list of OLED and microLED microdisplays makers and their current (and future) products, and personal contact details into the leading microdisplays makers. Read more here!
Omdia says that according to its estimates, LG Display will produce 8.3 million OLED TVs in 2021, a 86% increase from 2020 (4.5 million units). The company increased its estimates slightly (previously Omdia said that in 2021 LGD will produce 8.1 million panels).
DSCC says that smartphone OLED shipments have increased around 50% in Q1 2021 compared to last year, and the growth will continue - around 30% in Q2 2021 and over 40% in Q3.
The market share of flexible AMOLEDs out of all OLEDs (rigid + flexible) continues to rise, and in Q1 2021 77% of all smartphone OLED displays were flexible ones. Samsung is still the largest producer by far, holding a 75% market share in Q1 2021. LG Display holds a 8% share and BOE 6%.
Market research company Omdia says that flexible OLED shipments in Q2 2021 reach 57 million units,a 54.1% increase over Q2 2020 (but a 35% drop compared to Q1 2021, due to seasonality and lower orders by Apple). Rigid OLED shipments will reach 53 million units in Q2 2021.
The leading flexible OLED maker is Samsung Display, which will ship 39.1 million flexible OLED panels in Q2 2021 (a 61.6% increase over Q1 2020). LG Display will ship 10.6 million units of flexible OLEDs, an increase of 55.9% over last year. The third largest producer, BOE, will ship 7.9 million units, a 31.9% drop from last year, as orders Huawei are shrinking.
DSCC sees Apple starting to adopt foldable OLEDs in 2023, which will boost the total market and will lead to other companies adopting foldable displays. DSCC expects foldable and rollable panels to grow at an 87.5% CAGR from 2020 to 2025. Smartphones will dominate with a market share of over 92% during the entire forecast period.
DSCC posted an interesting blog post in which the company shares its information on Samsung's upcoming foldable smartphones.
Samsung Galaxy Z Flip
First up is the Galaxy Z Flip 3 (which is a bit strange as there's no Galaxy Z Flip 2). This new phone will feature an Ultra Thin Glass cover - which for the first time will not be exclusively produced by SCHOTT. This time Corning will supply some of the UTG for Samsung. According to DSCC, Corning’s UTG will be processed by Korean supplier eCONY. This is interesting - a while back it was reported that Samsung Electronics halted its UTG project with Corning.
UBI Research says that the market for medium to large OLED displays (10-inch and up, used in IT and TV applications) has risen 156% in Q1 2021 compared the Q1 2020. Total sales reached $1.45 billion in the quarter.
Most of the growth comes from TV and laptop displays. LG Display produced 1.6 million OLED TV panels in the quarter, while sales for laptops reached 1.1 million panels. TV panels accounted for the majority of sales (as average panel price is much higher) - 81.6% of the market.