OLED market size will reach 33. 1 billion US dollars in 2021

In recent years, the OLED market has developed rapidly, and its market scale reached 13 billion US dollars in 2015. With the development of technology and construction capacity, OLED (From the small panel about 5 inch)Rapid growth is expected to replace LCD. The research and marketing company released the report on the OLED industry in China from 2016 to 2020. In recent years, the OLED market has developed rapidly, and its market scale reached 13 billion US dollars in 2015. With the development of technology and construction capacity, OLED (From the small panel about 5 inch)Rapid growth is expected to replace LCD. Once Apple starts using OLED panels, its demonstration effect will further stimulate market demand. It is estimated that the market size of OLED will reach 33. 1 billion US dollars by 2020, with an average annual growth rate of about 20. Mobile phone is OLED Big of Application Market 2015 about 76 of OLED panel applied to mobile phone field. In the future, OLED will be more and more widely used, such as wearable devices, televisions, lighting, virtual reality and automobiles. At present, OLED panel manufacturers are mainly concentrated in South Korea, such as Samsung Display and LG Display. Samsung focuses on the production of small and medium-sized panels applied to mobile phones, and LG mainly produces large panels for televisions. The two companies are now expanding their production capacity. From 2015 to 2017, Samsung will invest a total of 3. 6 billion US dollars in South Korea to establish a new OLED panel production line, mainly producing small and medium-sized OLED displays, mainly for consumer electronics such as smart phones. From 2016 to 2017, Samsung Display will invest 7. 4 billion US dollars to produce curved OLED display for Apple. According to the original plan, the production capacity of Samsung monitors will be expanded to 30000 in 2016- 45000 substrates, reaching 45000 substrates in 2017. LG Display mainly focuses on oled TV and OLED lighting. In September 2014, LG Display launched the first 4K curved oled TV. At the end of 2015, LG Display took over all OLED Lighting Services of LG Chem. On July 2015, LG Display announced an investment of 1. 5 trillion won to build a new 6th-generation flexible OLED production line in Guowei factory. The monthly planning capacity of the production line is as high as 7500 units (Glass substrate already put in) And plans to achieve mass production in the first half of 2017. In China, like Hehui Optoelectronics, BOE, Tianma Microelectronics and visino are entering the OLED field. Hehui Optoelectronics will develop a flexible AMOLED display in 2017, a foldable product in 2019, and a crimp product in 2020.