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OLED Sales to Reach $3.1 Billion by 2012, Study Says
The OLED Technology Report expects sales to grow 380 percent in 2008.
Sony XEL-1 OLED
OLED display sales are expected to reach over $3.1 billion by 2012, says a new report by DisplaySearch.
"The OLED Technology Report" expects a five-year compound annual growth rate of 96 percent, saying OLED displays are expected to surge 69 percent to more than $826.5 million in 2008, and then by 83 percent in 2009 and 53 percent in 2010.
"2008 will be a break-out year for AMOLED displays as Samsung SDI, LG Display, Sony and CMEL deliver almost 17M displays, which is up over 380% compared to 2007," says DisplaySearch senior advisor and consultant Barry Young.
"The displays will be used in products such as mobile phones, digital cameras, digital photo frames, handheld TVs and free standing TVs.
"By 2009, OLED display manufacturers are expected to commence shipments of displays for notebooks and then move rapidly into TVs, building on the success of the Sony XEL-1, arguably the TV with the most vivid and realistic image."
"The OLED Technology Report" expects a five-year compound annual growth rate of 96 percent, saying OLED displays are expected to surge 69 percent to more than $826.5 million in 2008, and then by 83 percent in 2009 and 53 percent in 2010.
"2008 will be a break-out year for AMOLED displays as Samsung SDI, LG Display, Sony and CMEL deliver almost 17M displays, which is up over 380% compared to 2007," says DisplaySearch senior advisor and consultant Barry Young.
"The displays will be used in products such as mobile phones, digital cameras, digital photo frames, handheld TVs and free standing TVs.
"By 2009, OLED display manufacturers are expected to commence shipments of displays for notebooks and then move rapidly into TVs, building on the success of the Sony XEL-1, arguably the TV with the most vivid and realistic image."
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Steve Crowe, Web Editor
Steve is an editor for cepro.com. He graduated from Emerson College with a B.A. in Journalism. He joined the CE Pro staff in 2008. Steve is also a freelance sports writer for The Boston Globe and other various publications.
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