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Home>Global and China $15.7 Bn Organic Light-Emitting Diode (OLED) Market 2017-2021 - Research and Markets

Global and China $15.7 Bn Organic Light-Emitting Diode (OLED) Market 2017-2021 - Research and Markets

Global and China $15.7 Bn Organic Light-Emitting Diode (OLED) Market 2017-2021 - Research and Markets

09/25/2017

Global and China $15.7 Bn Organic Light-Emitting Diode (OLED) Market 2017-2021 - Research and Markets

The "Global and China Organic Light-Emitting Diode (OLED) Industry Report, 2017-2021" report has been added to Research and Markets' offering.

Global OLED market size approximated USD15.7 billion in 2016, a 20.8% rise from a year earlier. Stimulated by reports that Apple will adopt OLED screen for multiple iPhone models in 2017-2018, OLED screen has become a hotspot in the smartphone market.

Thanks to the introduction of more than 20 OLED phone models by Huawei, Xiaomi, VIVO, OPPO and other vendors, the demand for OLED has been growing rapidly, expected to create a market worth USD19.4 billion in 2017 and USD39.9 billion in 2021, showing an AAGR of over 20%.

OLED finds the largest application in mobile phone market which consumed 77% of OLED panels worldwide in 2016. Besides, OLED has made its way into TV, intelligent wearable device, lighting, VR and automobile fields. With regard to OLED television in 2017, Sony introduced OLED A1E Series television after ten years, Toshiba and Panasonic have rolled out OLED TVs, and Sharp will launch OLED television by 2018. Thus, more than 13 major color TV brands including LG, Skyworth, Changhong, Sony, Sharp, Panasonic, Toshiba, Konka, and Philips have chosen to use OLED display.

South Korean Samsung and LG Display held a combined over 90% of global OLED capacity. Specializing in small and medium-sized panels, Samsung accounted for 97% of global shipments of OLED panels for mobile phone in 2016; LG Display focuses on large-size OLED panels which are used in TV and other fields. Faced with the burgeoning OLED market, the two companies are speeding up capacity expansion so as to consolidate their market position.

Key Topics Covered:

1 Overview of OLED

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