OLED Market Size Worth $33.1B by 2020 - Shipment, Capacity and Competitive Landscape Analysis Report
OLED Market Size Worth $33.1B by 2020 - Shipment, Capacity and Competitive Landscape Analysis Report
PUNE, India, July 6, 2016 /PRNewswire/ --
ReportsnReports.com adds "Global and China Organic Light-Emitting Diode (OLED)
Industry Report, 2016-2020" to its online business intelligence library. The OLED market
has been developing rapidly worldwide over the recent years, and its market size reached
USD13 billion in 2015.
Complete report on Organic Light-Emitting Diode market spread across 100 pages and 76
List of Charts is available at
http://www.reportsnreports.com/reports/606863-global-and-china-organic-light-emitting-diode-oled-industry-report-2016-2020.html
.
With technology and capacity construction, OLED market products (from small-sized
panels about 5-inch) find fast growing application and is anticipated to substitute for
LCD. Once Apple starts to apply OLED panels in iPhone, the demonstration effect will be
brought and OLED market demand will be further spurred. It is expected that, till 2020,
the global OLED market size will be up to USD33.1 billion, presenting an AAGR of about
20%.
By application, mobile phone is the largest applied OLED market, and over 76% of OLED
panels were applied in mobile phone field in 2015. In future, OLED will get increasingly
used in emerging domains such as wearable device, TV, illumination, VR and automobile.
Currently, the world's OLED market and panel manufacturers are mainly concentrated in
South Korea - Samsung Display and LG Display, among which the former focuses on medium and
small sizes which are chiefly applied in mobile phone, while the latter gives priority to
large-sized products primarily for TV. The two companies are now enlarging their
production capacity.
During 2015-2017, Samsung Display will make total investments of USD3.6 billion to
establish the novel OLED panel production line in South Korea, mainly involving in medium
and small-sized OLED display screens which are still targeted at consumer electronics like
smart phone. In 2016-2017, Samsung Display will lavish USD7.4 billion into the production
equipment for Apple-used curved OLED display screen. As scheduled, the capacity of Samsung
Display will be expanded to 30,000-45,000 substrates in 2016 and to 45,000 substrates in
2017.
Order a copy of Global and China Organic Light-Emitting Diode (OLED) Market Report,
2016-2020 at http://www.reportsnreports.com/Purchase.aspx?name=606863 .
LG Display is primarily focused on OLED TV and OLED illumination at present. In
September 2014, LG Display launched the world's first 4K curved OLED TV. At the end of
2015, LG Display took over all OLED illumination business of LG Chem. In July 2015, LG
Display announced to invest KRW1.05 trillion to newly establish a 6-generation flexible
OLED production line (code: E5) in Gumi Plant, Gyeongsang, South Korea. This 2016 OLED
market report says monthly planned capacity of this production line is up to 7,500 pcs (be
subject to glass substrates which have been put into), and it plans to realize
mass-production in the first half of 2017.
In China, companies like Everdisplay Optronics, BOE, Tianma Micro-electronics, and
Visionox are tapping into the OLED market. On November 21, 2015, BOE's 5.5th-generation
AMOLED production line was put into production in Ordos, Inner Mongolia, which is not only
Chinese Mainland's first 5.5th-generation AMOLED production line but also the world's
second 5.5th-generation AMOLED production line behind Samsung. In 2016, BOE will start the
Chengdu-based 6th-generation LTPS/AMOLED production line project and will add the
investment of RMB24.5 billion to produce AMOLED display products, mainly targeting at
medium and small-sized high-end display markets, according to this new OLED market
research.
Tianma Micro-electronics began to construct China's first AM-OLED pilot line in
Shanghai in 2010 and has produced many models of samples. Tianma, says this OLED market
report, plans to newly build a 5.5th-generation production line and set up three
independent OLED production lines. In May 2015, the 5.5-inch AMOLED product of Visionox
was launched. On the Auto China 2016, the concept vehicle Haval HB-02 of Great Wall Motor
is equipped with Visionox' OLED display screen system, which is the first publicized show
of AMOLED display screen used for in-vehicle system in China.
Explore more reports on the Semiconductor and Electronics market at
http://www.reportsnreports.com/market-research/semiconductor-and-electronics .
Another research titled "United States OLED TV Industry 2016 Market Research Report"
is a professional and in-depth study on the current state of US OLED TV market. With 136
tables and figures the report provides key statistics on the state of the industry and is
a valuable source of guidance and direction for companies and individuals interested in US
OLED TV market. Key manufacturers listed in this OLED TV market report include LG
Electronics, Samsung Electronics, Skyworth, Hisense, Konka and Changhong. Read more at
http://www.reportsnreports.com/reports/513114-united-states-oled-tv-industry-2016-market-research-report.html
.
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