As the development of intelligent and networked automobiles accelerates, the demand for various types of vehicle displays is rapidly increasing. In terms of display technology, the adoption rate of LTPS TFT LCD and OLED is increasing, and interest in Micro-LED is also growing.
According to UBI Research’s “2Q25_Quarterly OLED Emitting Material Market Tracker”, the OLED emitting material market reached $490 million in the first quarter of 2025 and is expected to achieve a total of $2.86 billion for the full year. The market is projected to grow at a compound annual growth rate (CAGR) of 6.7%, reaching $3.72 billion by 2029.
Visionox is reportedly reconsidering the expansion of its V2 line located in Guan, China. The expansion plan had been on hold due to delays in local government investment support, but recent renewed discussions with the Guan municipal government have reignited the possibility of investment.
This year, companies are engaged in intense competition to develop Micro-LED HUD products for automotive use at display exhibitions such as CES, Touch Taiwan, and SID. Major panel manufacturers such as AUO and Innolux in Taiwan, and BOE, TCL CSOT, and Tianma in China have unveiled a host of new products. These companies are the main suppliers of LCD HUD products.
According to UBI Research’s “2Q25 Medium-to-Large OLED Display Market Track,” OLED panel shipments for medium-to-large displays in Q1 2025 increased by 12.2% year-over-year, while revenue grew by 17.1%.
Aledia is a micro-LED R&D startup headquartered in Grenoble, France, which was spun out from the French National Scientific Institute CEA-Leti in 2011. LEDs and plans to supply them for all display applications that require them. The company claims that the properties of nanowires make them energy efficient and suitable for high resolution, but if the pixels are configured in the form of m x n arrays, they will also be the best choice for large-area, high-brightness product lines.
May 2025 — A research team led by Professor Stephen R. Forrest at the University of Michigan has developed a deep blue phosphorescent OLED (PhOLED) that simultaneously achieves up to more than 10 times longer lifetime and high color purity, addressing the long-standing challenge of blue OLEDs. The results are published in the latest issue of Nature Photonics, and a related paper was presented at SID2025.
At the SID 2025 Display Week, TCL showcased various sizes of inkjet OLED products. The inkjet method is considered to be a technology that is advantageous in reducing material costs compared to the vacuum deposition method due to its high utilization efficiency of luminescent materials. TCL officially announced the mass production of a 21.6-inch 4K inkjet OLED professional display in November 2024, and is currently considering investment for mass production.
Japan’s Dai Nippon Printing (DNP) is reaffirming its dominance in the Fine Metal Mask (FMM) market, a key component in OLED manufacturing. Recently, DNP signed an exclusive supply agreement with China’s leading display company BOE for FMMs used in 8.6-generation OLED panels, signaling a proactive move into the expanding large-size OLED market.
According to UBI Research’s “2Q25 Small OLED Display Market Track,” which includes performance and forecasts for applications such as smartphones, foldable phones, and smartwatches, small OLED panel shipments in the first quarter of 2025 reached 243 million units.
With the technological advancement of the automobile industry, the importance of the Camera Monitoring System (CMS) is gradually increasing.
Visionox announced at SID 2025 International Display Week that it has successfully demonstrated the commercialization potential of pTSF (Phosphor-assisted Thermally Activated Delayed Fluorescence Sensitized Fluorescence), a fourth-generation OLED technology.
Chinese OLED specialist Everdisplay Optronics (EDO) is ramping up efforts to improve profitability and prepare for a potential listing on the Hong Kong Stock Exchange. The company is currently upgrading its production lines using vacuum deposition equipment from Japan’s Ulvac to enable manufacturing of tandem-structure OLED panels.
Samsung Display proved itself as an OLED pioneer at SID 2025. Samsung Display presented the world’s best technology in three themes: the best technology possessed by OLED pioneer companies, and a three-dimensional exhibit that allowed visitors to experience in advance what tomorrow’s OLEDs will look like.
LG Display divided the SID 2025 exhibition hall into three zones to introduce the evolution of large OLED technology, vehicle display solutions targeting future mobility, and next-generation display technology for a sustainable future.
In March 2024, China’s BOE began construction of B16, an 8.6-generation (2290×2620 mm) OLED production line for IT, in Chengdu, Sichuan Province, with a total investment of RMB 63 billion (approximately KRW 12.4 trillion). In April 2024, BOE ordered a horizontal evaporator from Sunik Systems, and in May 2025, the B16 line will receive key equipment, including Abaco’s evaporator logistics system and Sunik Systems’ horizontal evaporator.
The development of LEDoS for AR glasses by Samsung Electronics’ semiconductor (DS) division has been the focus of much attention. Last year, the DS division of Samsung Electronics established a department dedicated to micro-LEDs within the CSS (Compound Semiconductor Solutions) business team, but there have been ongoing discussions with Samsung Display regarding the selection of a business manager.
According to UBI Research’s China Trend Report, Chinese display company Visionox has finalized the technical direction for its V5 OLED production line. The company will invest in two separate 7.5K capacities using its proprietary ViP (Visionox intelligent Pixelization) deposition technology and the conventional FMM (Fine Metal Mask) method. The investment in the ViP-based 7.5K capacity will be carried out first, followed by the FMM investment approximately six months later.