UBI Research says that while the AMOLED market is slated for a modest growth in 2014 (revenues of $10 billion, up from $8.9 billion in 2013), fast growth will resume from 2016 onwards. UBI sees a CAGR growth of 32% from 2016, till revenues reach $46.5 billion in 2020.
UBI says that 2014's revenue growth will be only 10% because both Samsung Display and LG Display delayed OLED investments. Samsung is already constructing its A3 flexible OLED line, and LG Display is also expected to start placing orders for flexible OLED production equipment for their upcoming Gen-6 fab. UBI also expects LGD to start constructing a new OLED TV fab, the M3 line (in addition to the M2 fab which is very close to mass production). So the market is expected to recover its growth in mid 2015.
