17% of display shipment area to be WCG by 2018

Tuesday, June 14th, 2016 
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Wide Color Gamut Displays to Comprise 17 Percent of Display Shipment Area in 2018, IHS Says

  • As competition in display market intensifies, display and TV manufacturers seek new and emerging technologies to differentiate their offerings from competitors

ENGLEWOOD, Colo. — Shipment area of wide color gamut (WCG) displays is expected to reach 32 million square meters in 2018, which represents 17 percent of total display shipment area, according to IHS Inc. (NYSE: IHS), the leading global source of critical information and insight. WCG displays include organic light-emitting diode (OLED) and quantum dot technologies.

IHS Wide colour gamut display area shipment forecast

“As competition in the display market intensifies, display and TV manufacturers are looking for new and emerging technologies to differentiate their offerings from competitors and to provide consumers with higher screen resolution,” said Richard Son, senior analyst, IHS Technology. “WCG technologies are therefore becoming more popular.”

There are two different kinds of quantum dot materials. One is cadmium-included quantum dot and the other is cadmium-free (Cd-free) quantum dot. Since cadmium is an unsafe and toxic element, the display industry developed Cd-free quantum dot technology to replace it. Cd-free quantum dot displays are forecast to comprise 80 percent of the total quantum dot display market in 2016. Quantum dot is just beginning to be used in TV displays to compete against OLED displays. Active-matrix-OLED (AMOLED), by comparison, is primarily used in smartphone displays.
OLED WCG display shipment area is forecast to reach 4.4 million square meters in 2016, growing to 9.2 million square meters in 2018. Quantum-dot WCG display shipment area will reach 13.4 million square meters in 2018, rising from 6.1 million square meters in 2016.

For information about purchasing the IHS Wide Color Gamut Display Market Tracker report, contact the sales department at IHS in the Americas at +1 844 301 7334 or [email protected]; in Europe, Middle East and Africa (EMEA) at +44 1344 328 300 or [email protected]; or Asia-Pacific (APAC) at +604 291 3600 or [email protected]