What They Say
DSCC published extracts from its Advanced IT Display Market report on monitors (after tablets last week) and forecast 241% growth in the market for OLED and miniLED devices.
Although both grew, in 2021, panel procurement for MiniLED models outpaced OLED models by a ~10:1 ratio. MiniLED monitors accounted for a 91% share in 2021. In 2022, with the launch of 42” and 48” WOLED models and more 27” and 32” IJP RGB OLED models, the MiniLED share is expected to decrease to 80%.
The launch of the Apple Studio Display was expected and DSCC expects the new 27” MiniLED monitor to account for a 30% unit share on a panel procurement basis for the MiniLED monitor category and 24% share of the Advanced Monitor category in 2022.
In 2022, for the OLED monitor category, WOLED models that include display sizes from 27” to 48” are expected to account for a 51% unit share, followed by QD-OLED models with 25% and IJP RGB OLED models with 23%. DSCC expects three more vendors to announce QD-OLED monitors.
Future cost optimized G8.5 IGZO FMM VTE RGB OLED fabs will help OLEDs sustain a 22% to 25% share from 2023, the firm believes and over the forecast period, it expects Advanced Monitors to grow at a 70% CAGR with OLED monitors growing at a 104% CAGR and MiniLED monitors growing at a 65% CAGR.
What We Think
As usual, there is more detail in the full article. It’s good to see monitor brands increasing the range of performance levels that are available to buyers. Maintaining a healthy monitor industry depends on being able to upsell buyers in specification, but also in image quality. OLEDs and miniLED sets will help to drive the market. The challenge for miniLED will be cost, I think, with supply chains a major factor for OLED. (BR)
