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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
DSCC says that OLED production will grow 94% in the Q2 2021, fueled by strong demand for OLED in smartphones, TVs and other devices - coupled with a recovery from the pandemic. Growth in OLED input area for small & medium displays is expected to grow 68%, while grow in OLED TV input area will grow by 134% over last year.
The chart above shows the total OLED (and mobile LCD) industry capacity. As you can see, flexible OLED capacity is growing - mainly from expansions by CSoT, Tianma and Visionox. There's also growth in rigid OLED capacity - from Everdisplay and JOLED.
As LG Electronics is launching its 65" rollable TV (65RX OLED) globally, market researchers from Omdia estimate that shipments of rollable TVs will be around 3,000 next year. The market will grow to 74,000 units in 2024 and 672,000 units in 2027.
This is fast growth, but numbers will still be very limited, it seems as Omdia does not expect mass market adoption for rollable TVs.
Today we published new versions of our market reports - that cover the flexible, 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 April 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!
UBI Research estimates that Ultra-Thin Glass (UTG) will hold a 80% market share in the foldable OLED panel cover material market. The rest of the market will adopt Polyimide films.
According to UBI, Samsung Display will only use UTG in its future foldable OLED displays. Transparent Polyimide films will be used in budget models, or for displays larger than 10" in size. BOE and CSoT currently use Polyimide films in foldable OLEDs, but both companies are looking to adopt UTG in future displays.
DSCC says that flexible OLED fab utilization has been low since the beginning of 2021, and this will remain so for the next quarter as well. Utilization at rigid OLED lines is higher. This has been the pattern in previous years - lower production in the first half of the year and higher volumes at the second half of the year.
LG's OLED TV fab utilization has been historically very high (and close to 100%) - until 2020 which have seen lower utilization due the ramp-up at the Guangzhou fab. But in 2021 LG has managed to increase its yields again.
According to Trendforce, smartphone brands will increase adoption of AMOLED displays in 2021, which will lead to a 39% market share for AMOLED displays in the total smartphone display market - up from 31% in 2019.
AMOLED displays are increasingly replacing high-end LTPS LCD displays in the high-end part of the smartphone market. The market share of lower-end a:Si LCD is quite stable.
UBI Research says that shipments of OLED displays reached 577.88 million in 2020, up 3.7% from 2019. Total OLED revenues in 2020 increased only 0.7% to $32.68 billion as average panel price was lower in 2020 (mostly in the smartphone market).
The main growth in the OLED industry in 2020 came from smartwatches and TVs markets. Smartphone and tablet display shipments actually decreased in 2020. In 2020, new market emerged - automotive displays, laptop displays and foldable devices.
DSCC says that foldable smartphone shipments will rise sharply starting in August 2021 - and total foldable OLED smartphone shipments in Q4 2021 will be higher than the whole period from Q1 2020 to Q2 2021 - combined.
There are several reasons for this high increase in projected shipments. First of all, Samsung is expected to release several new foldable smartphones in Q3 2021 - three models in fact, including an "aggressively priced" clamshell foldable.
In October 2020 LG Electronics started shipping the world's first rollable OLED TV, the 65" 65RX OLED TV. The price is set at KRW 100 million (USD 87,000). That price was actually cheaper than expected - but according to a report from Korea LGE managed to sell only 10 such TVs.
According to the report, it's not just the high price that is keeping consumers away - the TV, which is based on rollable glass, is not very durable.
LG Electronics announced it sold 2.04 million OLED TVs in 2020, the first time it passed the 2 million sales market. This represents a growth of 23.8% over 2019.
According to Omdia, LG Electroncis holds a 56% market share of the global OLED TV market. The average selling price of LG's OLED TVs was $1971.9, over four times higher than the average selling price of LCD TVs.