OLED Expected to Be 20.6% of Global TV Display Business in 2025, Says IHS

Global revenue for active-matrix OLED TV displays will increase to $7.5 billion in 2025, from $2.9 billion in 2019, reported IHS Markit Thursday. OLED TVs are “rapidly gaining share,” and expected to become 20.6 percent of the $36 billion global TV display market in 2025, up from 8.6 percent in 2019, said IHS. Higher average selling prices compared with LCD sets have hampered wider consumer adoption but are expected to begin declining due to increases in manufacturing capacity, it said.