OLED Display Market to Reach $25.5Bn in 2018

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The new IDTechEx Research report "Global OLED Display Forecasts and Technologies 2019-2029" provides a comprehensive assessment of OLED display technologies and markets based on primary research conducted globally by IDTechEx analysts.

IDTechEx Research finds that in 2018 the OLED industry will be worth $25.5Bn, rising to $30.72Bn in 2019.

OLEDs used in mobile devices dominate the OLED industry, comprising of 88% of the market revenue in 2018. These are predominately supplied by Samsung but recent capacity additions come from BOE Display, CSOT, EDO, Tianman and Visionox, all based in China.

The second largest sector is OLED TVs, supplied by LG, which are 8% of the total market by revenue in 2018, but 27% of the market by display area.

The third largest OLED application in 2018 is wearables, which is 2% by market value and 0.4% by area in 2018. The thinness, flexibility and appearance of the display are desirable in these applications versus LCDs.