High-end TVs and smartphones driven the demand for AMOLED panels in 2021

A new report from Omdia shows that last year's strong sales of high-end OLED TVs coupled with a rebound in smartphone sales have driven a substantial increase in demand for AMOLED display panels. The total panel demand area reached 14.2 million square meters, an increase of 52% compared to 2020.

Omdia's latest report pointed out that although it will decline compared with the growth level in 2021, the demand for AMOLED display panels in 2022 will continue to maintain strong growth, and then will enter a higher level in the next few years. Stable demand patterns. The company expects global AMOLED display panel demand growth by area to reach 11.6% CAGR (compound annual growth rate) from 2021 to 2028.

According to the report, Omdia analysts said that AMOLED has successfully entered the smartphone market and is expected to have a market share of more than 35% in 2021. Most smartphone brands have adopted AMOLED panels on high-end models and have recently begun to actively launch foldable. smartphone.

In addition, Omdia expects OLED TV panel demand to grow by 63% year-on-year in 2021. TV market OLED demand by area will surpass smartphone market demand for the first time in 2021.

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