LONDON Global active matrix (AM) OLED revenues in the first quarter of 2009 surpassed passive matrix (PM) OLED sales, according to market research group DisplaySearch (Austin, TX).
The market trackers also suggest the total OLED display market will grow to $7.1 billion by 2016, from $0.6 billion in 2008, representing a CAGR of 36 percent. The market this year is expected to be worth just shy of $1 billion, growing to $5 billion by 2014.
AMOLED revenue is increasing strongly due to strong mobile phone main display shipments, as Nokia, Samsung Electronics, and Sony Ericsson heavily promoted AMOLED mobile phones in first half of 2009, DisplaySearch suggests.
More than 10 mobile phone models with AMOLED main displays were said to have been released in 2009.
PMOLED has been the revenue leader in the OLED display market, driven by high unit shipments. However, in the first quarter of this year, PMOLED shipments were down significantly due to weakness in MP3 and mobile phone sub-display applications.
According to Jennifer Colegrove, Director of Display Technologies at DisplaySearch, AMOLED is likely to pass PMOLEDs in terms of unit shipments in 2010. "There will be about 20 new or upgraded AMOLED production lines installed or upgraded worldwide in the next three years," Colegrove added.
The company also said worldwide OLED display revenue in Q1'09 was $143 million, down 8 percent quarter-on-quarter. AMOLED revenues were up 17 percent Q/Q.
Samsung Mobile Display (SMD), created from Samsung SDI's OLED business and Samsung Electronics' mobile display business, which started operation in January 2009, is said to have had a strong Q1'09, and kept its leading position in shipments with a 37 percent market share, followed by RiTdisplay in second slot.
DisplaySearch notes that OLED manufacturers are planning to make TV panels larger than 11 inch this year. LG Display is mass-producing small-size AMOLED currently, and has announced it will mass-produce 15 inch AMOLED panel for TV application at the end of 2009.