OLED-Info's flexible, transparent, VR/AR, microdisplays, automotive and graphene OLED market reports updated to October 2017

Oct 10, 2017

Today we published new versions of our market reports - that cover the flexible, transparent, VR/AR, microdisplays, automotive 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 October 2017.

The OLED for VR/AR Market Report:

  • Why OLEDs are adopted in almost all VR HMDs
  • What kind of displays are required for VR and AR applications
  • What the future holds for the VR and AR markets
  • Current and future VR and AR systems

The report package provides a great introduction to the emerging VR and AR market, and details the role that OLED displays will have. Read more here!

DSCC updates their OLED forecasts up, sees over $60 billion in revenues by 2022

Oct 09, 2017

Market research company DSCC has updated their OLED models, as the company sees more capital spending then before and a larger OLED market going forward.

OLED market revenue forecast (2016-2022, DSCC)

The OLED market in general will grow 57% in 2017, according to DSCC, to reach $23.2 billion. Growth will continue to be strong with a 50% increase in 2018 (to $34.9 billion) and a CAGR of 27% from 2016 to 2022. In 2022 the market will surpass $60 billion.

The OLED Marketplace, find your OLED here

IHS: sales of flexible OLED displays more than double in Q2 2017

Sep 25, 2017

IHS estimates that sales of mobile flexible AMOLED displays reached about $2 billion in Q2 2017 - more than double compared to Q2 2016 ($886 million).

Samsung quad-edge flexible AMOLED (SID 2017)

Samsung still commands this market - IHS says that SDC had a market share of 98.3% in the second quarter. The second flexible OLED market is LG Display which is reportedly still struggling with yield and quality issues at its new E5 flexible OLED line and so has a low capacity. LGD will hopefully soon increase its capacity dramatically. Chinese OLED makers are now initiating flexible OLED production as well.

UBI: the OLED lighting market will reach $1.9 billion by 2021

Sep 17, 2017

UBI Research says that LG Display will start mass producing OLED lighting panels at its 5-Gen fab by the end of September 2017, which will the growth period of the OLED lighting market.

OLED lighting market forecast (2017-2025, UBI)

According to UBI, the market will reach panel sales of $1.9 billion by 2021, and continue its fast growth to reach $5.8 billion by 2025. That's a CAGR of 85% from 2017 to 2025!

LG Display wants to hear your predictions of the OLED market

Sep 14, 2017

LG Display teamed up with Cultivate Labs to launch a 6-month forecasting tournament about the display industry. The two companies wants to hear from a diverse group of thought-leading engineers, researchers, gamers, graphic artists, consultants, and high-end display experts to participate in the "LG Display Futurecasting" tournament.

LGD 18'' rollable OLED prototype (CES 2016)

The tournament will begin in mid-October, and LGD will award over $10,00 in prize money for forecast accuracy, participation, and qualitative input. Anyone that is interested in participating can sign-up here.

KGI Securities estimates that SDC's flexible OLEDs will cost apple $120 per unit

Sep 08, 2017

KGI Securities' analyst Ming-Chi Kuo estimates that SDC charges Apple $120 to $130 for each flexible OLED display to be used in the upcoming iPhone OLED edition. Ming-Chi says that the 5.5" LCD used in the iPhone 7+ costs $45-$55.

SDC is the exclusive supplier of OLEDs to Apple (mostly because no other company can produce such high quality displays and at such high volumes) and so can enjoy a high premium on its flexible OLEDs. Other estimates we hear, though, say that the price premium of SDC's flexible OLEDs is only about $50 over a competing LCD. It is a bit difficult to compare these two kinds of displays, though, as flexible OLEDs offer functionality that LCD cannot compete with.

IHS: The OLED encapsulation material market will grow at a 16% CAGR to reach $233 million by 2021

Aug 31, 2017

According to IHS, the OLED encapsulation material grew 4.7% in 2017 to reach $117 million. IHS expects the market to grow at a 16% CAGR to reach $233 by 2021.

OLED encapsulation material market forecasts (IHS, 2016-2021)

The market growth rate will increase as new OLED fabs begin operation in China and Korea. IHS categorizes OLED encapsulation materials into metal, frit glass, TFE and hybrid. The metal type is mostly used for OLED TVs, in which IHS expects the fastest growth in terms of substrate size. Glass encapsulation will remain strong but will lose market share in the future.

UBI sees small growth of mobile OLED shipments in Q2 2017, fast growth in OLED TV panels

Aug 30, 2017

UBI Research estimates smartphone OLED display shipments reached 95.3 million units in Q2 2017, up 2.6% from last year (92.9 million Q2 2016) while TV panel shipments grew 165% to reach 370,000 units.

Smartphone OLED shipments (2Q16 - 2Q17, UBI)

Compared to last quarter (Q1 2017), smartphone shipments grew 0.6%. Samsung Display is still the clear market leader - with a market share of 96.7%. OLED TV panel shipments increased 21.2% from Q1 2017, and UBI expects this market to continue growing gradually throughout 2017.

Truly sees large demand for PMOLED displays, to dramatically increase capacity by next year

Aug 27, 2017

OLED maker Truly Semiconductor, based in Hong Kong, sees a large increase in PMOLED demand in the near future, and the company is executing an ambitious PMOLED capacity expansion plan.

Truly is currently operating two production lines: the P1 and P2 lines, both 2.5-Gen and with a monthly capacity of 625K and 1.25M pcs (Truly counts its capacity as per 1" displays). Truly has set out to build two new production lines. The P3 line which is a 2.5-Gen line with a capacity of 3.13 million 1” panels monthly is almost ready and will start mass production by the end of the month.

IHS and DSCC seem to disagree on the future of QLED-LCD TVs

Aug 26, 2017

According to IHS, sales of quantum-dot enhanced LCD TVs, or QLED TVs, dropped 48% in Q2 2017 compared to Q1 2017. Total sales in Q2 amounted to only 351,000 units - down from 671,000 in Q1 2017. OLED TV sales, meanwhile, increased from 29% from 212,000 units to 282,000 units.

Following this report, Business Korea speculates that Samsung Electronics may have to change its premium TV strategy, as it faces market share lose in this very important segment and may lose its leading position in the total TV market.

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