Article last updated on: Aug 11, 2019

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, flexible OLEDs, OLED for VR and AR, transparent OLEDs and more.

See below for our two most popular reports, for the flexible and transparent market reports. See the full range of our market reports here.

The Flexible OLED Market Report:

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The Transparent OLED Market Report:

  • Transparent OLED properties and advantages
  • 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.



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Recent OLED Market Reports news

IHS: the OLED smartphone market totaled $3.8 billion in Q2 2019

IHS Markit says that the global OLED smartphone market totaled $3.8 billion in Q2 2019. The top producer was Samsung Display had a market share of 82% ($3.15 billion in revenues).

Xiamoi Mi Mix 3 5G photo

The second largest OLED smartphone maker is China's BOE Display that had a 12% market share ($456 million in revenues). BOE experienced very vast growth - its market share in Q4 2018 was only 4% and in Q1 2019 it was 9%.

LG announces its 8.5-Gen OLED TV fab in Guangzhou is now in production

LG Display announced today that it started producing OLED TV panels at its 8.5-Gen OLED fab in Guangzhou, China. LG's new fab will have a monthly capacity of 60,000 substrates, which will be expanded to 90,000 by 2021.

LG Display 8.5-gen OLED TV fab in Guangzhou, China

LG says that by 2022, it will enable LGD to produce over 10 million OLED TV panels per year by 2022 - in its 8.5-gen fabs in Guangzhou and Paju, Korea (70,000 substrates per months) and its 10.5-Gen fab that it is now building in Paju. IHS expects LG to ship 5.5 million OLED TVs in 2020, 7.1 million in 2021 and over 10 million in 2022. In 2019 LG expects to ship 3.8 million units.

OLED Automotive Market Report

DSCC sees LCD investments drying up in 2023, as the display industry shifts to OLED production

DSCC updated its display equipment spending forecast, and the company now expects LCD spending to stop completely in 2023 - as all new production lines from 2023 forward will be producing OLED displays (DSCC does not include other display technologies in this report, such as QDEL, e-paper and Micro-LEDs).

Display production equipment spending, OLED vs LCD (2016-2024, DSCC)

2019 will see 26% decrease in spending from 2018, with OLED spending down 64%. DSCC sees a rebound in 2020, where OLED spending will jump 132% due to new mobile flexible OLED lines in China.

IHS: strong demand for OLED TVs helped LG become the leading premium TV vendor in Europe

IHS Markit says that LG Electronics is the leading European premium TV (over $2,500 in cost) vendor, with a market share of 33.3% in revenues and 38.7% in sales in Q1 2019. LG's strong OLED TV sales helped it increase its market share up from 22.9% (revenues) in 2018.

LG OLED C9 photo

Samsung is the second European TV maker, with a market share of 25.2% (down from 42% in 2018). Sony's market share increased to 25.5% (up from 21.5%). Together Sony, LG and Samsung took up 84.1% of the market.

Samsung says pre-orders for the Galaxy Note 10 already passed 1.3 million in Korea

Samsung's will start shipping the Galaxy Note 10 in a couple of days, but the smartphone is available for pre-orders and Samsung announced that pre-orders in Korea alone already passed 1.3 million. This is double the pre-orders of last year's Galaxy Note 9.

Samsung Galaxy Note 10 photo

The most popular model in Korea is currently the 256Gb Galaxy Note 10+. The Note 10 features a 6.3" 2280x1080, 401 PPI, Dynamic Infinity-O AMOLED display (6.8" 3040x1440, 498 PPI, on the Note 10+) with an under-the-display fingerprint sensor. Displaymate says that this is the world's best smartphone display ever.

DSCC lowers its foldable OLED market forecasts - now sees 68 million panels shipped in 2023

DSCC updated its foldable OLED market forecasts, saying that it now expects the market to grow slower than it anticipated earlier this year. In 2019 DSCC sees 360,000 foldable panels produced in 2019, with less than 250,000 actual devices sold. By 2023, the market will grow to over 68 million units (a CAGR of 272%) generating over $8 billion in revenues.

Foldable OLED market forecast (2019-2023, DSCC August 2019)

Smartphones will remain the leading devices to adopt foldable OLEDs throughout the forecast period, and starting in 2020 DSCC sees clamshell designs with at least a 60% unit share. DSCC sees ultra-thin glass as becoming a significant player, with Samsung adopting SCHOTT UTG starting in 2020. Ultra-thin glass enables an aggressive folding radius, scratch resistance, hardness and a similar touch experience to current glass based displays.

Magnachip reports record OLED driver sales, surpasses the 500 million OLED driver shipment milestone

OLED driver IC developer MagnaChip reported its financial results for Q2 2019, with revenues that exceeded its own guidance. One of the company's main growth drivers is OLED display driver ICs, which were up 7% from Q2 2018 to $73 million, the company's highest quarter ever.

Magnachip drivers and chips photo

Magnachip says that its OLED business benefited from six new OLED smartphone that were launched in Asia during the quarter, and the company also secured four new design wins. Most of its OLED driver revenues are from its 40-nm display driver, but its new 28-nm driver has entered mass production and will be a key revenue driver going forward.

Sharp to stop producing smartphone OLED displays

Business Korea reports that Sharp will withdraw from the smartphone OLED market. Sharp started producing OLEDs in low volume in August 2018, and Business Korea quotes IHS saying that Sharp understands it cannot compete with Korean and Chinese companies with both technology and price.

Business Korea says that Sharp produced a total of 60,000 smartphone OLED panels - 6.2" 1440x2992 flexible notch-type AMOLEDs that were adopted in Sharp's own Aquos Zero phone. Sharp has already stopped production last month. It is not clear if Sharp will still continue to produce OLEDs for other applications (automotive perhaps?) or will it withdraw from all production.

Riber, Coherent and Cognex post clashing views on the 2020 OLED market rebound

2019 is shaping up to be a dramatically-low investment year for the OLED industry. DSCC for example expects that the market will fall 88% in 2019 compared to 2018. Two companies reported their financial results this week, with interesting notes about the OLED market.

First up is France-based effusion cells and sources producer Riber. The company reported that H1 2019 revenues in its evaporator business fell from €10.4 in H1 2018 to only €1 million. The sharp decline is linked to the "freeze on investments in OLED screen production equipment following the major investments made in previous years".

DSCC sees the OLED material market growing from $1 billion in 2018 to over $2 billion in 2022

DSCC analysts say that OLED stack materials will grow from $1.04 billion in 2018 to over $2 billion in 2022 - a CAGR of 17%.

OLED material revenue by application (2017-2023, DSCC)

DSCC says that up until now it greatly underestimated Novaled's revenues, and it now says that Novaled generated revenues of $97 million in 2017 and $122 million in 2018. Novaled is the third largest OLED material company by revenue - following Universal Display and Merck. The three companies combined will hold a market share of 56% in 2023.

Cambridge Isotope Laboratories - Deutreated Reagents and High-Purity Gases for OLEDsCambridge Isotope Laboratories - Deutreated Reagents and High-Purity Gases for OLEDs