Article last updated on: Aug 10, 2021

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, transparent OLEDs, OLED microdisplays, and more.

The OLED Handbook

OLED-Info offers the OLED Handbook, a comprehensive guide to OLED technology, industry and market. Our leading guide to OLED technologies 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: the OLED market remained flat in Q1 2022 at $9.5 billion

DSCC says that global OLED revenues in Q1 2022 were around $9.5 billion, the same as in Q1 2021, even though unit shipments declined 4%.

OLED market revenue 2020Q1-2022Q1 (DSCC)

Smartphone remained the leading OLED application, with a 79% revenue share, even though shipments decreased 8% (and revenues decreased 3%). The second largest application by shipments is wearables (16% in Q1 2022 by shipments and in 6% market share by revenues).

Magnachip says it shipped over 730 million OLED drivers since 2007

OLED driver IC developer MagnaChip started shipping OLED display drivers in 2007, and the company announced yesterday that it has shipped over 730 million units since.

Magnachip DDIC OLED TV ICs photo

MagnaChip recently expanded its business area into new markets such as foldable smartphones, automotive displays and OLED TVs. The company expects the OLED DDIC market to grow rapidly in the next new years and quotes Omdia's estimate of 1.2 billion OLED panels shipped in 2028.

DSCC Increases its OLED market forecast, see $65 billion in revenues in 2026

DSCC has updated its OLED market forecasts, as it sees faster growth than what it estimated earlier this year. DSCC says the market will grow at a 9% CAGR from 2021 to 2026, to reach $65 billion in revenues in 2026.

OLED panel revenues by applications (2021-2026, DSCC)

Most of the growth will be driven by demand to IT panels - monitor panels will grow at 70% CAGR (revenue), laptop panels at 52% CAGR and tablet panels at 52% CAGR. DSCC sees OLED TV shipments growing at 13% (units) and 6% (revenue), while smartphone panel shipments will grow at a CAGR of 11% in the period (with revenues growing at 6% CAGR).

DSCC: AMOLEDs and OLED microdisplays to re-enter the VR market in 2023-2024

In recent years we have seen AMOLED displays fall out of favor in the VR market, as most devices have opted for high-end LCDs, due to the better image definition, mostly. According to DSCC, this is set to change next year (in 2023).

VR-panel shipments by type (2021-2024, DSCC)

Sony has already adopted high density (>800PPI) AMOLED displays in the Playstation VR2, DSCC says that this trend will continue. DSCC also sees OLED microdisplays finally entering the VR market in 2023, with around 15 million such displays shipped in this market by 2024.

OLED-Info's OLED Market Reports updated to April 2022

Today we published new versions of our market reports - that cover the transparent, microdisplays, PMOLED 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 2022.

The OLED and MicroLED Microdisplays Market Report:

  • The advantages of OLED and MicroLED microdisplays
  • 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!

OLED lighting for automotive application - early 2022 market snapshot

The OLED lighting market is still in its very early stages – as currently commercial shipments mostly consist of premium lamps and installations, and the industry target niche applications - such as commercial lighting, health-related solutions and the automotive industry.

Audi A8 2018 OLED structure slide

OLEDs offer several unique advantages to the automotive market, and it's also a market with defined premium cars that can be used for early adoption of high cost technology. In the past few years, we've seen several car makers (including Audi, Mercedes and BMW) that started to adopt OLED lighting in car taillights. Initial adoption was for optional modules, but today several car models come with OLED lighting as standard. OLED lighting can be used for several applications within the automotive market.

DSCC: the foldable OLED market will grow to 86 million units by 2026

DSCC estimates that just over 10 million foldable OLED displays shipped in 2022, and the market is set to grow to 86 million units by 2026 (54% CAGR).

Foldable OLED sales forecast (2020-2026, DSCC)

DSCC says that foldable smartphone revenues rose 342% in 2021, and have reached $5.8 billion. The most popular foldable smartphone was the Galaxy Z Flip 3 (51% market share in 2021), followed by the Galaxy Z Fold 3 (26% market share) and the Huawei Mate X2 (6% market share).

Omdia: LGE OLED TV shipments grew over 100% in 2021 to over 4 million units

Market research firm Omdia says that LG Electronics shipped over 4 million OLED TVs in 2021, more than double its shipments in 2020. In the fourth quarter alone, LGE shipped 1.41 million OLED TVs.

LG Display OLED EX Technology photo

Omdia expects LG to double its shipments again in 2022 and reach sales of over 8 million TVs. The total OLED TV market, according to Omdia, was 6.5 million OLED TVs in 2021 (LGE holds a 62% market share).

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