With the growing adoption of OLED (organic light-emitting diode) displays in smartphones and high-end flat-panel TVs, major panel manufacturers are ramping up investments in new OLED production facilities. According to a recent report from IHS Markit, global AMOLED panel production capacity—covering both RGB OLEDs and white OLEDs (WOLEDs)—is projected to surge from 11.9 million square meters in 2017 to 52.1 million square meters by 2022, representing a staggering 320% increase.
OLED production is set to quadruple over the next five years. The report highlights that RGB OLED panel capacity will grow from 8.9 million square meters in 2017 to 31.9 million square meters by 2022, while WOLED capacity is expected to rise from 3 million to 18.2 million square meters during the same period. Samsung Display and Leyin Display have taken distinct approaches: Samsung has focused on RGB OLEDs for mobile applications, while Leyin has concentrated on WOLEDs for television markets. As smartphones and other mobile devices continue to drive demand, LCDs are gradually being replaced by RGB OLEDs, particularly due to their full-screen and flexible design advantages. Since 2017, LG has started producing RGB OLED panels for its TV lineup. Meanwhile, Chinese panel makers such as BOE, ChinaStar, Tianma, Visionox, EverDisplay, Truly, and Royole are actively expanding their RGB OLED production capacities to meet rising global demand. According to IHS Markit’s analysis, the share of Korean panel manufacturers in global AMOLED production is expected to drop from 93% in 2017 to 71% by 2022. In contrast, Chinese companies—including BOE, Huaxing, Tianma, Visionox, Hefa, and Rouyu—are projected to increase their market share from 5% in 2017 to 26% by 2022, signaling a significant shift in the industry's power dynamics. This trend reflects the growing influence of Asian manufacturers in shaping the future of display technology.
OLED production is set to quadruple over the next five years. The report highlights that RGB OLED panel capacity will grow from 8.9 million square meters in 2017 to 31.9 million square meters by 2022, while WOLED capacity is expected to rise from 3 million to 18.2 million square meters during the same period. Samsung Display and Leyin Display have taken distinct approaches: Samsung has focused on RGB OLEDs for mobile applications, while Leyin has concentrated on WOLEDs for television markets. As smartphones and other mobile devices continue to drive demand, LCDs are gradually being replaced by RGB OLEDs, particularly due to their full-screen and flexible design advantages. Since 2017, LG has started producing RGB OLED panels for its TV lineup. Meanwhile, Chinese panel makers such as BOE, ChinaStar, Tianma, Visionox, EverDisplay, Truly, and Royole are actively expanding their RGB OLED production capacities to meet rising global demand. According to IHS Markit’s analysis, the share of Korean panel manufacturers in global AMOLED production is expected to drop from 93% in 2017 to 71% by 2022. In contrast, Chinese companies—including BOE, Huaxing, Tianma, Visionox, Hefa, and Rouyu—are projected to increase their market share from 5% in 2017 to 26% by 2022, signaling a significant shift in the industry's power dynamics. This trend reflects the growing influence of Asian manufacturers in shaping the future of display technology.
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