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OLED TVs to Grow Most, Study Says
Will have a 167 percent compound annual growth rate over next eight years.
Future TV Technologies
OLED seems to be thought of as the future of TVs. Panasonic certainly thinks OLED is the way to go when it comes to developing future TV technologies. Panasonic plans on… View this discussion thread.
OLED seems to be thought of as the future of TVs. Panasonic certainly thinks OLED is the way to go when it comes to developing future TV technologies. Panasonic plans on… View this discussion thread.
OLED shipments will have a 167 percent compound annual growth rate (CAGR) from 2007-2015, says a new DisplaySearch study.
The "Q2'08 Worldwide Flat Panel Forecast Report" says OLED will be the fastest-growing application over the next eight years.
DisplaySearch also predicts OLED sales will surpass $3.1 billion by 2012, a five-year CAGR of 96 percent.
The CAGR for mini-note PC applications shipments will be the second most at more than 74 percent over the same span, according to the report.
"OLED TV and mini-note PC applications are the next big opportunity for flat panel suppliers," explains David Barnes, VP of strategic analysis for DisplaySearch.
"Last year, we identified the potential for digital picture frame demand to lead unit growth.
"That application is still growing strong but these two applications will be even stronger."
The following table lists the top ten growth prospects by application and their Q1’08 panel shipments in thousands.
The "Q2'08 Worldwide Flat Panel Forecast Report" says OLED will be the fastest-growing application over the next eight years.
DisplaySearch also predicts OLED sales will surpass $3.1 billion by 2012, a five-year CAGR of 96 percent.
The CAGR for mini-note PC applications shipments will be the second most at more than 74 percent over the same span, according to the report.
"OLED TV and mini-note PC applications are the next big opportunity for flat panel suppliers," explains David Barnes, VP of strategic analysis for DisplaySearch.
"Last year, we identified the potential for digital picture frame demand to lead unit growth.
"That application is still growing strong but these two applications will be even stronger."
The following table lists the top ten growth prospects by application and their Q1’08 panel shipments in thousands.
Top Ten Flat Panel Applications
| Application | Q1’08 Units | Q1'08 Q/Q | Q1'08 Y/Y | 8-Year CAGR (2007-2015 |
| OLED TV | 5 | 58% | N/A | 167% |
| Mini-Note PC | 1,129 | 135% | 2,409% | 74% |
| Digital Picture Frame | 6,560 | 21% | 646% | 32% |
| Public Display | 354 | 2% | 36% | 26% |
| Notebook PC | 32,998 | 2% | 44% | 17% |
| LCD TV | 27,865 | -10% | 78% | 12% |
| Industrial | 5,812 | -13% | 37% | 10% |
| Automobile Monitor | 4,608 | 0% | 24% | 9% |
| Portable Navigation Device | 12,540 | -5% | 181% | 9% |
| Portable Media Player | 11,498 | -59% | -12% | 9% |
| Total FPD | 881,705 | -12% | 15% | 5% |
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About the Author
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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