According to UBI Research, sales of AMOLED in the first quarter of 2017 were US$ 4.31 billion, up 15% from the same quarter last year (Q1 2016). Shipments amounted to 99.1 million units, up 9% from the same period last year.
AMOLED accounted for 88% of smartphone sales and 7% of TV sales. Especially, TV sales market share grew by 5% YoY and it shows big growth of OLED TV market.
With Samsung Electronics’ Galaxy S8 and S8+ launches and mass production of AMOLED panels for Apple, and joining OLED TV market of Japanese companies such as Sony, Toshiba and Panasonic, the AMOLED market will continue to grow even after Q2. Mobile AMOLEDs are expected to ship more than 100 million units each quarter, and TV AMOLEDs are expected to ship more than 300,000 units per quarter.
UBI Research estimates that the total AMOLED market will grow to a CAGR of 33% by 2020, reaching US$ 59.3 billion.