Market research company Omdia estimates that LG Display held a 92.5% share in the automotive AMOLED panel market in 2020, in terms of sales. Samsung Displays accounted for 6.9% and BOE 0.6%.
LG 12.8-inch P-OLED in Mercedes Benz 2021 S-Class
OMDIA estimates that the total AMOLED automotive market in 2020 was 240,000 units, and says that the market will experience a fast growth of 60% CAGR to reach 4.4 million units in 2025.
LG Display had P-OLED design wins with high-end cars from Cadillac and Mercedes-Benz. The company started developing AMOLED technologies for the automotive market back in 2014, and it is now enjoying its market lead and aims to increase its sales into the automotive market. Samsung Display is also seeking to expand its market share, and has been supplying OLEDs to Audi and has recently announced a design win for Hyundai's IONIQ 5.
