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AMOLED Market Expected to Turn around in 2015
AMOLED Panels
AMOLED Market Expected to Turn around in 2015
  • By matthew
  • April 15, 2014, 02:00
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AMOLED panels are used in the Samsung Galaxy Note series of devices. (Photo by 彭家杰  via Wikimedia Commons)
AMOLED panels are used in the Samsung Galaxy Note series of devices. (Photo by 彭家杰 via Wikimedia Commons)

 

It has been forecast that the global AMOLED panel market is likely to shrink in size this year due to the stagnation of the mobile device sector, which accounts for the majority of AMOLED panel demand.

UBI Research held an industry outlook seminar on April 10 at the Seoul Trade Exhibition Center, predicting that this year’s market size would decrease 24 percent year-on-year from US$8.876 billion to US$6.757 billion. “Still, the global AMOLED market is expected to show a turnaround next year to record an annual growth rate of 61 percent in 2017,” said UBI Research analyst Jang Han-bit, adding, “The market size will expand to US$27.154 billion in that year and to US$74.784 billion in 2020, with yearly growth rate remaining over 50 percent until 2018, thanks to the increase in the production of high-price flexible AMOLED panels.”

The negative outlook for this year can be attributed to the slowdown of the global smartphone market. AMOLED panels for smartphones are expected to take up 93 percent of the total demand this year. However, the percentage is likely to go down to 20 percent by 2018, while more expensive TV and tablet PC panels are expected to take its place. Their ratios are predicted to reach 50 percent and 29 percent in 2020, respectively.

In particular, the TV panel segment is forecast to grow from US$427 million to US$17.233 billion between this year and 2018, as late starters in the industry begin to supply a quantity of large panels for TV sets from 2017.