14 DAY TRIAL // According to a recent report from DisplaySearch, the worldwide OLED market has increased significantly during the second quarter of the ongoing year, registering $192 million in revenue during the time frame. Compared to the previous quarter, the revenues are 32 percent higher, the firm says, adding that the increase is of 22 percent when compared to the same time frame a year ago.
Things are expected to move to the better in the future as well, the research firm states. Thus, the total OLED display market is expected to reach $6.2 billion by 2016, up from the $600 million it saw in 2008, and should register a CAGR (compound annual growth rate) of 33 percent. When it comes to the mobile phone displays, the market segment is expected to register revenues of around $3 billion in 2016, and should be the leading application for OLED.
The growth in mobile phone display shipments also drove an increase in AMOLED shipments, DisplaySearch notes. Samsung Electronics, Nokia and Sony Ericsson are among the mobile phone makers that promoted devices with AMOLED displays in the first half of the ongoing year, the research firm states, noting that over 15 handsets launched in 2009 came to the market with AMOLED main displays.
“AMOLED displays have become an important differentiating feature for high end electronic products,” noted Jennifer Colegrove, PhD, director of Display Technologies at DisplaySearch. “This technology is not only used for mobile phone main displays, but has also penetrated the market for portable media players, digital still cameras and other applications. There will be about 20 new or upgraded AMOLED production lines installed or upgraded worldwide in the next three years,” she added.
PMOLED shipments managed to stabilize in the second quarter of the year, DisplaySearch reports, after registering a rather weak first quarter. In addition, the research firm also showed that the leading company on the market remains Samsung Mobile Display (SMD), with 38 percent market share due to strong shipments, and that RiTdisplay is placed second.