Market updates - Page 15

The Elec reports that LG Display lowered its internal OLED TV panel shipment goal in 2022, as it realizes it will not be able to ship the 7.8 million panels it hoped for. The TV market in general is seeing lower demand this year, and in addition LGD's hopes to sell panels to Samsung Electronics did not materialize.

Looking to 2023, however, LGD plans to produce 9.2 million OLED TV panels (out of which 5.4 million will be produced at the company's Guangzhou fab).

DSCC says that spending on equipment for the production of large area OLED panels (used in TVs and monitors) have decreased from $3 billion in 2019 to $2.05 billion in 2020, $1.47 billion in 2021 and will drop further to $1.42 billion in 2022.

DSCC estimates that in 2023, the spending on such equipment will be zero. But OLED producers will resume buying large OLED equipment in 2024. Spending in 2024 will amount $2.01 billion, and in 2025 - $1.51 billion.

UBI Research estimates that sale revenues of medium and large OLED displays (UBI defines these from 10-inch and up) rose 22.9% in Q2 2022 compared to the previous quarter and 11.2% compared to last year - to reach $1.67 billion.

In term of sales, UBI estimates that total shipments in 2022 will reach 26.3 million units. Most of the growth in 2022 will come from laptop displays - where shipments almost doubled in the second quarter to 2.18 million units.

We're happy to announce an update to our Perovskite for the Display Industry Market Report. This market report, brought to you by the world's leading perovskite and OLED industry experts, is a comprehensive guide to next-generation perovskite-based solutions for the display industry that enable efficient, low cost and high-quality display devices. The report is now updated to September 2022, with all the latest commercial and research activity.

Reading this report, you'll learn all about:

• Perovskite materials and their properties
• Perovskite applications in the display industry
• Perovskite QDs for color conversion
• Prominent perovskite display related research activities

The report also provides a list of perovskite display companies, datasheets and brochures of pQD film solutions, an introduction to perovskite materials and processes, an introduction to emerging display technologies and more.

UBI Research estimates that in 2022, a total of 724.8 million small-area OLED panels will ship. By 2027, the market will grow to 937.8 million units.

In Q2 2022, UBI says small-area OLED revenue were $7.87 billion, a 16% decrease from the first quarter, and a 9.7% increase compared to last year. In terms of shipments, 130 million units were shipped in Q2, down from 150 million. UBI expects that rigid OLED market revenues will continue to shrink as OLED makers in China are reducing the price of their OLED panels.

UBI Research says that OLED emitting material sales amounted to $412 million in the second quarter of 2022, up 7.8% from last year. Sales decreased about 2.1% from Q1 2022.

UBI says that the sales of OLED panels were seasonably low in the second quarter (compared to Q1), but this was somewhat offset due to favorable exchange rates, and supply of new materials with higher prices.

DSCC says that in Q2 2022, OLED panel revenues increased 12% compared to Q2 2021, while shipment units declined 3%. Fewer OLEDs were shipped, but revenues increased as we've seen an increased growth in high value panels (gaming, monitors, laptops, automotive, etc) and also an improved form factor adoption in smartphones.

In Q2 2022, smartphones remained the largest OLED application with a 76% unit and revenue share. OLED smartwatches had a 16% unit share (and a 6% revenue share), and OLED TVs had a 11% revenue share (up from 8% in Q1 2022).

Today we published a new edition of our Automotive OLED Market Report, with all the latest information. The new edition includes news from LGD, BOE, EDO, Samsung, BMW and others.

Reading this report, you'll learn all about:

• OLED advantages and challenges
• PMOLED and AMOLED displays adopted in cars today
• Why OLED lighting is exciting for car makers
• All about flexible and transparent OLEDs

The report package also provides:

• A directory of all OLED automotive display makers
• OLED lighting roadmaps
• Personal contact details into leading OLED produces
• Car concepts with OLED technologies
• Free updates for a year

This OLED Automotive market report provides a great introduction to OLED display and lighting solutions for the automotive industry. This is a great guide for anyone involved with the automotive market - car makers, suppliers and aftermarket solutions.

Samsung Electronics says that it expects its sales of foldable OLED devices to increase, and even exceed its annual historic Note series sales (which is now discontinued). The company is set to start offering foldable displays in mainstream devices.

According to IDC, Samsung shipped around 190 million Note devices in total. So far, Samsung sold just over 10 million foldable phones, since launching the original Galaxy Fold in 2019. But if we look at specific phones, the gap is not so big: The last Note device, the Note 20, sold around 12 million units. The Note 10 sold around 14 million units. According to estimates, Samsung shipped around 8 million Galaxy Z Flip 3 and Galaxy Z Fold 3.

Today we published a new edition of our Transparent OLED and MicroLED Market Report, with all the latest information. The new edition includes news from LGD, BOE, new microLED display prototypes and two new datasheets.

Reading this report, you'll learn all about:

• Transparent OLED and MicroLED properties and advantages
• The transparent OLED and MicroLED industry
• What kind of transparent OLEDs are currently on the market
• The transparent OLED lighting market

The report package also provides:

• Transparent OLED display product listing
• A guide into buying transparent OLEDs
• The main challenges towards transparent displays
• Free updates for a year

This transparent displays market report provides a great introduction to transparent OLED and MicroLED technologies and covers everything you need to know about the market and industry now and in the future. This is a great guide for anyone who's thinking about adopting transparent displays in their products or that wants to understand this industry and market throughout.