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OLED panel sales to hit $ 42.5 billion this year

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DSCC has updated its short and long term forecasts for the OLED panel market. They raised their revenue forecast for 2021 by 9% to $ 42.5 billion. They justify their optimism by increasing sales of OLED screens for smartphones at higher prices, which have been fueled by a shortage of driver chips, as well as increased sales of laptops with OLED screens due to an increase in production of corresponding panels by Samsung Display.

Looking into 2025, DSCC raised its OLED panel revenue forecast by 11% to $ 60.6 billion. Analysts say sales will be boosted by increased use of OLED panels in devices such as tablets, laptops and monitors. On the tablet front, the DSCC estimates that Apple’s launch of OLED models in 2023 will push the OLED tablet market to more than $ 1 billion in 2024. In the case of laptop panels, this mark will be taken in 2023. Sales of OLED panels for monitors in 2024 will exceed $ 500 million.

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