OLED market grows abnormally! TV and mobile phones become the main force

With Apple’s newly announced mobile phone, OLED panels will be used, which will drive the follow-up of other mobile phone brand manufacturers, and will drive the OLED market to grow rapidly. It is estimated that AMOLED production capacity will grow at a CAGR of 41% between 2016 and 2021. , from 5.3 million square meters to 29.4 million square meters. According to statistics, OLED revenue in 2017 will reach 21 billion U.S. dollars, a 46% increase over 2016! In 2021, it will reach 46 billion U.S. dollars. As the current smartphone is still the largest OLED application product in OLED, the market share in 2017 will be 86%, and it will reach 81% in 2021.

OLED TVs gradually occupy the high-end market
The second largest application is OLED TVs, while other applications such as smart phones and AR helmets account for a relatively small market share. In terms of shipments, smartphones accounted for 94% of OLED shipments. The second and third largest applications were VR helmets and smart watches, respectively. In addition, OLED TV shipments will reach 6.5 million units in 2021, and the compound growth rate from 2016 to 2021 is expected to reach 49%.
The current major manufacturers of OLED mobile display screens are Samsung Electronics and Apple. It is estimated that in 2018, Apple will account for 38% of the mobile product market, but it will decline to 25% from 2021. Foreign media expects that Apple will continue to invest in Samsung and LG Display to ensure production capacity. After the first quarter of 2018, it is expected that soft OLEDs will rise above and exceed the generally hard OLEDs.

Samsung took the lead in the small-size OLED field
In addition, with China's new OLED input capacity, driven by a rapid increase in production capacity, the annual compound growth rate will reach 114%, while the Chinese OLED manufacturer's AMOLED market share will increase from 4% in 2016 to 2021. 34%.

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