UBI: The OLED IT panel market will grow at a CAGR of 41% to reach 31 million units by 2027

UBI Research estimates that 7.9 million AMOLED displays for IT applications (tablets, notebooks and monitors) will ship in 2023, growing to 31 million by 2027 (a CAGR of 41%). Apple's adoption of OLED screens starting in 2024 will fuel much of the demand.

OLED makers, led by Samsung, LG, BOE and Visionox are all expected to start producing IT OLED panels in existing 6-Gen production lines, and companies are also planning to construct new dedicated 8.5-Gen lines for IT applications.

 

This is an impressive growth, but actually only a year ago UBI estimated that the market will reach 48 million units by 2027.

Posted: Oct 09,2023 by Ron Mertens