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An increasing penetration rate has allowed the global value of OLED materials to be estimated at US$2.23 billion in 2022, with a YoY growth rate of 30%. Production values are expected to reach US$3 billion by 2025, owing to the support of manufacturers.
TrendForce’s latest research revealed that shipments of gaming monitors have seen their first decline since 2016 due to high inflation, resulting in only 19.8 million units being shipped in 2022 for a 13% YoY decline.
TrendForce projects that shipments will reach 36.7 million units in 2Q23—a 15.1% QoQ growth. Comparing this number to pre-pandemic figures, with 37.3 million shipments in 2Q18 and 35.4 million shipments in 2Q19, we can see that the figures are almost on par.
The prices of large-sized DDIs have been resistant to falling as it’s too difficult for wafer prices to return to their pre-pandemic levels. The ASP of DDIs is expected to remain level throughout 2Q23 or dip slightly by 1–3%.
TrendForce estimates that shipments of display panels used in notebook computers (NB panels) will total 38.7 million pieces for 1Q23, showing a QoQ decline of 10.4% and a YoY decline of 45.6%.
