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AM-OLED display market accelerating growth reaching US$23 billion by 2022

The growth of the AM-OLED display market is accelerating, with the focus of the market is predicted to shift from mobile to TV as the profitability of LCD panels is on the decline

16 Jun 2015 | Editor

A news article on the Business Korea website is suggesting that DisplaySearch is forecasting the sales of the global AM-OLED market to grow from US$10.34 billion in 2014 to US$23.07 billion in 2022. However, this wasn't the case between 2013 and 2014 when the market actually declined by 17%, industry opinion makers are expecting the market to rebound this year and see double-digit annual growth for the next 5 to 10 years.

It would appear that the main driver will be the rapid adoption of AM-OLED displays in the large area TV market. t is the TV market that is expected to grow at a particularly rapid pace.

DisplaySearch - AM-OLED market forecast

Figure: DisplaySearch - AM-OLED market forecast

www.displaysearch.com    www.businesskorea.co.kr   

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