New research indicates that area demand for OLED displays will grow by 11.0% CAGR from 2022 to 2030. Major brands are gradually adopting OLED panels in their premium lineups across TVs, mobile phones, and the wider consumer electronic range, such as notebooks and tablets. According to Omdia, the OLED market share in the smartphone display market increased rapidly from 30% in 2020 to 42% in 2022, with its share expected to rise steadily in the future.
Read MoreRising from negligible levels this year, the global market for microLED displays is expected to grow to 15.5 million units in 2026 as steep declines in manufacturing costs make the emerging technology suitable for the mass market, according to IHS Markit’s Micro LED Display Technology & Market report.
Read MoreAfter declining unit-shipment volumes in 2017, global TV shipments are forecast to grow 3.6 percent year over year in 2018, with additional 1.4 percent growth in 2019, according to a new report from business information provider IHS Markit.
Read MoreConsumer demand for TV sets is poised to return to growth in 2018, according to the latest Worldwide TV Market Report from Futuresource Consulting. The recovery of several markets linked with a transition to 4K UHD models will drive trade value up by 5 percent to $85 billion.
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