OLED market will maintain a 40% growth rate in the next 5 years

FPD related market research conducted by the United States DisplaySearch company data show that the active matrix (hereinafter referred to as AM) OLED panel market is rapidly expanding. 2008 global sales of AM panel OLED increased 110% over the previous year. Make up for the passive matrix (hereinafter referred to as PM) stagnation, pulling the OLED panel market. PM type OLED panel in 2006 hit a peak of $450 million, the market has been shrinking, it is expected in the second half of 2009 AM OLED panel sales will exceed PM OLED panel. In addition, DisplaySearch expects 2014 OLED lighting sales will exceed PM type OLED panel.

DisplaySearch predicts that the OLED panel market will continue to grow in the future, with global sales of $591 million in 2008 and $6 billion by 2015. Although OLED sales in 2008 accounted for less than 1% of the total FPD market, but is expected to reach about 5% by 2015. DisplaySearch is expected until 2015, the average annual growth rate of the entire FPD market will remain at around 3%, while OLED will grow at an average annual rate of about 40%.

OLED monitors and sales across the FPD industry are on the move (from: DisplaySearch)

DisplaySearch Jennifer Colegrove director, said: in the case of the OLED market growth, the key is to deal with the liquid crystal technology has not yet occupied the niche market demand. For example, flexible displays, transparent displays or lighting. In addition, the touch panel and other popular technologies for integration is also very important".