By Dr. Guillaume Chansin, Dr. Khasha Ghaffarzadeh and Dr. Harry Zervos, IDTechEx10.12.16
OLED technology has recently gained significant market share in the display market. OLED displays are now mass produced for mobile phones, tablets, TVs, and wearables. IDTechEx forecasts the market for all types of OLED displays will reach nearly $16bn this year and will grow to $57bn in 2026.
The latest evolution is plastic and flexible displays. Compared to conventional glass-based displays, plastic AMOLED panels are much thinner and lighter, enabling either slimmer devices or bigger batteries. Future flexible displays will also make foldable mobile devices a reality.
The two main segments are currently smart phones and wearable devices such as smart watches. However, as the technology matures it will be possible to use those displays in other applications, such as automotive displays. Both Samsung Display and LG Display have recently announced significant investment to expand their production capacity.
IDTechEx has upgraded the forecast and now expects pla
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