Market updates - Page 7

OLED-Info and MicroLED-Info are happy to announce the 2024 edition of The MicroLED Handbook. This book is the industry's trusted and comprehensive guide to MicroLED display technology, industry and market. MicroLED displays are thin, efficient, bright and flexible and are on track to revolutionize the display industry. The handbook is now updated to January 2024 and lists recent developments and new companies, initiatives, products and research activities. This is a must read for OLED professionals that want to stay updated on the main competitor for OLED displays in the future!

Reading this book, you'll learn all about:

• MicroLED technology, materials and production processes
• How MicroLEDs compare to LCDs and OLEDs
• What are the challenges towards commercial production
• LED technology and manufacturing processes
• MicroLED driving and full-color architectures
• The MicroLED displays currently on the market

The book also provides: an in-depth guide to MicroLED Microdisplays, potential applications of MicroLED displays, a comprehensive list of MicroLED companies, an introduction to other emerging display technologies (such as quantum dots and OLEDs), a current overview of the MicroLED market, market and industry forecasts and much more!

DSCC estimates that the market for OLED evaporation materials (i.e. OLED stack materials) will reach $1.7 billion in 2023, and will grow to $2.7 billion in 2027 (a 11% CAGR from 2023). If UDC will succeed to commercially introduce a blue phosphorescence material, revenues can even be much higher.

OLED materials used in TV applications (and other large-area applications) will grow from $305 million in 2023, to $492 million in 2027, a 13% CAGR. DSCC also sees very fast growth in material used to produce tandem-structure IT displays, which will grow at a 79% CAGR to reach $443 million in 2027.

According to reports in China, strong demand for flexible AMOLED panels for high-end smartphones, have resulted in an increase of panel price. This has caused smartphone makers to adopt more rigid AMOLED panels in their budget smartphones.

The report suggests that Samsung Display is especially enjoying an increase in sales of its rigid AMOLED panels to smartphone makers in China - mainly OPPO, vivo, and Xiaomi. These smartphone makers are replacing LCD displays with Samsung's rigid AMOLEDs - as the price difference is currently quite small.

US-based Pixelligent is an advanced materials company that delivers next generation optical materials applications in lighting and displays. For the OLED industry, Pixelligent offers materials that significantly increase light output by increasing the refractive index of materials in the device.

Pixelligent's President and CEO, Craig Bandes, was kind enough to answe a few questions we had, to learn more about Pixelligent and its solutions for the OLED industry.

Hello Craig! Can you explain your technology and materials and how they enhance the efficiency of OLED display?

We are best known for our high refractive index (HRI) nanocrystal formulations and dispersions that deliver breakthrough performance in next-generation electronics, like extended reality, displays, optics, and sensors. We designed our PixJet®, PixNIL®, and PixClear® products to offer the best combination of brightness, clarity, operating efficiencies, and device-lifetime. 

We are happy to report that the OLED Toolbox is progressing nicely, and we are on track to release by the end of the month.  We are also still accepting marketing materials - so if you want to share your brochures, presentations, catalogs, roadmaps, white papers or anything else, contact us now. We believe this will be a good opportunity to expose your technology to the OLED industry at large and to help us educate and inform OLED and display professionals. 

The OLED Toolbox is now ready for pre-orders, with a special early-bird discount - this is a great chance to get the upcoming report in a low price, which will not be available after the official launch. The OLED Toolbox will provide a complete set of information products and tools for OLED professionals. The Toolbox offers an unprecedented depth of OLED content, data, analysis and insights, written and compiled by the industry's leading portal, OLED-Info.com.

What you'll find inside

• OLED Guide: an expert guide to OLED technologies, the OLED market and the OLED industry, covering everything you need to know about OLEDs (over 300 slides)
• OLED Insights: OLED analysis and insights, covering all the latest and future trends and developments in the OLED industry (over 70 slides, covering over 20 trends)
• OLED Spreadsheets: excel files with detailed information on the OLED market and industry, such as OLED devices, fabs, microdisplays, and more (over 700 data rows)
• OLED Leaders: In-depth articles by leading OLED professionals to discuss industry and market topics
• OLED Library: Over 160 content items by industry players - brochures, catalogs, roadmaps, presentations, datasheets, and more

DSCC estimates that foldable smartphone shipments reached 7 million units in Q3 2023, up 16% from last year and 215% from last quarter, as Samsung successfully launched the ` and Z Fold 5 phones, and other smartphone brands from China also ramped up their foldable smartphone sales.

Samsung's market share in the smartphone market was 72%, followed by Huawei (9%) and Honor (8%). DSCC expects foldable smartphone sales to fall 35% in the next quarter (but rise 47% compared to last year) on lower Samsung shipments and delays in new product announcements. In 2023, DSCC sees foldable smartphone shipments to reach 15.8 million units in total.

We are happy to report that the OLED Toolbox is progressing very nicely, and we are still on track to release it in January 2024. This post includes more info on the toolbox, and our latest status report.

The OLED Toolbox is now ready for pre-orders, with a special early-bird discount - this is a great chance to get the upcoming report in a low price, only available until December 10, 2023. The toolbox will be a must-have information platform for companies in the display industry, and will include five different parts:

• An information guide to OLED technologies, processes, the industry and the market
• Market status and industry roadmaps
• OLED technology, market and industry analysis and insights - written by Ron Mertens based on years of experience in the display industry 
• Structured data (spreadsheets) on OLED production lines, devices with OLED displays, OLED producers, supply chain companies (with contact details) and more
• In-depth articles by multiple industry experts illuminating various processes, materials, devices, analysis, insights and more

• Brochures, presentations, catalogs and other content items contributed by industry players (display makers, supply chain companies, analysts and more)

UBI Research updated its forecast for the OLED material industry, saying that total sales of OLED materials will grow from $1.84 billion in 2023 to $2.43 billion in 2028, a growth of 5.8% CAGR.

UBI says that in 2028, SDC will purchase OLED emitters in $810 million, LGD in $550 million and BOE in $440 million.

Last week we posted the following article, but it turns out that our information was not correct. We mentioned that this was a strange report - and indeed it turns out that Trendforce analysis was misquoted, and the company did not say that Apple will stop using Sony's OLED microdisplays. We are sorry for posting this!

Apple first VR headset, the Apple Vision Pro, will use dual 1.3" 4K OLED microdisplays. Apple has been working with Sony, that produced the first OLED microdisplays, but later reports suggested that Apple is looking to replace Sony with Seeya and BOE as its suppliers to reduce costs (and also likely to increase potential supply as Sony has limited capacity). 

According to a new report by TrendForce, Apple has made some changes to its Vision Pro supply chain and has decided to already stop using Sony's OLED microdisplays - and indeed go with Seeya and BOE.