According to UBI Research, the AMOLED market reach $2.3 billion in Q1 2014, up 42% from Q4 2013 (which was a soft quarter, 36% lower than Q3 2013). Samsung Display is still of course the major AMOLED producer.

LGD's market share was only 2% - producing flexible OLEDs and 55" OLED TV panels. But UBI expects LGD's market share to expand gradually. UBI says that LGD sold 50% more OLED TVs in the quarter compared to Q4 2013 (this is by revenue, which means that shipments almost doubled as the price keeps dropping). UBI expects LGD's OLED TV sales to grow by more than 60% in Q2 2014 as Chinese TV start marketing TVs with LGD's OLED panels, and LG Electronics expand OLED TV sales to more countries.

UBI also released their forecasts for the OLED lighting market. In 2015, the market will still be very small, but in terms of performance, OLED panels will pretty much be on par with LEDs. UBI sees OLED panels reaching 100 lm/W, 5,000 cd/m2 and 30,000 lifetime hours.

This will encourage the lighting companies to finally start investing in full-scale OLED panel production. Led by LG Chem, the OLED lighting market will grow quickly to over $2 billion by 2018 and $4.7 billion in 2020.

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