Several companies released new forecasts for the OLED market. First up was DisplaySearch that sees the OLED market growing 128% in 2012 to reach over 242 million units (in terms of revenues, it will reach almost $6 billion - up 102% from 2011). DisplaySearch sees 176.5 million OLED for smartphone displays in 2012, up from 81.3 million in 2010. In 2013, OLED for smartphones will reach 261 million units.
UBI Research says that AMOLED shipments in 2012 will reach 155 million units (up 70% from 2011). In 2012 AMOLED revenues will reach $4.4 billion (60% growth). Total OLED (PMOLED+AMOLED) shipments in 2012 will pass 200 million units. The market will continue its fast growth and will reach 500 million units in 2015 (25% of the total mobile display market).
Finally, Nanomarkets released a new report on the OLED lighting market, in which they forecast that OLED lighting panel prices will drop sharply in the next two years as mass production will start. Nanomarkets expects that the total market for OLED lighting luminaires will reach approximately $6.3 billion in 2017.
Looking good, despite Canaccord's best efforts to talk our stock down.