The Rise of LTPO OLED Screens: Shipments to Exceed 520 Million Units in the Next Five Years

The Rise of LTPO OLED Screens: Shipments to Exceed 520 Million Units in the Next Five YearsMarket research firm Omdia recently published a report forecasting that LTPO (low-temperature polycrystalline oxide) OLED screen shipments for smartphones will reach a staggering 520 million units by 2031. This represents over 52% of the total smartphone OLED display market, surpassing traditional LTPS (low-temperature polysilicon) OLED technology

The Rise of LTPO OLED Screens: Shipments to Exceed 520 Million Units in the Next Five Years

Market research firm Omdia recently published a report forecasting that LTPO (low-temperature polycrystalline oxide) OLED screen shipments for smartphones will reach a staggering 520 million units by 2031. This represents over 52% of the total smartphone OLED display market, surpassing traditional LTPS (low-temperature polysilicon) OLED technology. The report reveals the continued expansion of LTPO OLED in the smartphone display sector and its potential to become a mainstream technology in the future.

According to Omdia's projections, smartphone OLED screen shipments will exceed 800 million units in 2024, demonstrating a 28.8% year-on-year increase. By 2031, these shipments are expected to surpass 1 billion units. Meanwhile, LTPS OLED shipments are projected to decline at a rate of 1% annually, while LTPO OLED boasts a high compound annual growth rate of 8%.

LTPO OLED's technological superiority has propelled its rapid rise in the high-end smartphone market. Compared to traditional LTPS OLED, LTPO OLED offers significant advantages:

• Higher refresh rates: LTPO OLED can support higher refresh rates, such as 120Hz or even higher, resulting in a smoother and more fluid visual experience.

• Lower power consumption: LTPO OLED can dynamically adjust its refresh rate based on screen content, effectively reducing power consumption in low refresh rate scenarios and extending battery life.

• Faster response times: LTPO OLED boasts faster response times, delivering sharper visual details and proving particularly beneficial for scenarios demanding high visual fluidity, such as gaming and video streaming.

These advantages have led to the adoption of LTPO OLED by numerous flagship smartphone manufacturers, including Apple, Samsung, Google, and Motorola. For instance, Samsung debuted LTPO OLED screens on its Galaxy Note20 Ultra in 2020, subsequently integrating them into other flagship models. Apple began incorporating LTPO OLED displays on its iPhone 13 Pro/Pro Max in 2021, making it a standard feature for its flagship models. Additionally, devices such as the Google Pixel 7 Pro, Motorola Razr, and Huawei MateX5 all incorporate LTPO OLED screens.

The applications of LTPO OLED extend beyond smartphones. Its advantages make it a promising technology for smartwatches, tablets, and other devices. Panel manufacturers are actively developing various types of LTPO driver circuits to meet the specific requirements of different OLED products.

Looking ahead, LTPO OLED development is poised to maintain its rapid growth trajectory. As the technology matures and its cost continues to decrease, LTPO OLED is expected to become widespread in more smartphones and electronic devices, offering users an unparalleled visual and auditory experience.