Long live OLED Panel DSCC analysts have expressed similar sentiments, predicting a massive increase in the use of OLED panels in consumer devices this year.
DSCC Quarterly Report In 2021, global revenue forecasts have risen to 42.5 billion (approximately 30 billion / euro $ 57 billion), which is 9% higher than its forecast.
The company cites a number of factors for the increase, including the “increasing number of OLED smartphones” as well as the use of more OLED panels in laptops. Samsung’s OLED panels are expected to reach 1 billion in revenue before the end of 2021.
This number will continue to grow in the years to come. The DSCC predicts a 43% increase between 2021 and 2025, with only more smartphones, tablets and laptops set to advance panel technology. Monitors are expected to do the biggest job, however, with a 238% increase expected between now and 2025 as Samsung displays and LG displays target the OLED monitor market more aggressively.
No need to mention this new announcement Nintendo OLED switch, A gaming console with an unlocked 7-inch OLED screen that could replace the LCD display of previous models, eliminating the predictable model in the years to come.
OLED, OLED everywhere
So why did OLED capture the imagination of manufacturers and consumers around the world?
Despite the fact that LCD screens are still in many segments of the market – generally cheaper and easier to produce – OLED panels are becoming more accessible, due to the large production lines. The unit allows lower manufacturing costs. LG Display finally opened a new factory in Guangzhou, China last year. Which almost doubles with its help OLED TV Production in 2021.
OLED panels as a whole still make thin storage devices, the given OLED pixels can emit their light and no additional backlight is required behind the panel to visualize the images.
For the world of luxury smartphones that need to fit in the average pocket or handbag, or Smart watches For those who need to fit comfortably on the wrist, slim design is essential – and there are definitely aesthetic and space-saving benefits for home laptops, monitors and TVs.
However, OLED panels are reaching a point of saturation. While growth continues, it is also slow, with the DSCC predicting year-on-year growth over the next two or three years, with the expected reluctance until 2025. But, of course, if the demand for OLEDs starts to stagnate, this is likely to be the only reason Mini LED And Micro LED Challengers have begun to stop it.