When Will OLED TVs Become Affordable?
As of August 2023, OLED TVs have been gradually becoming more affordable primarily due to advancements in manufacturing processes and increased competition among brands. With entry-level OLED models now available for under $1000, it is likely that mid-range models will become more accessible, possibly in the $700-$800 range by 2024 and beyond. However, the exact timeline for widespread affordability can be influenced by various factors including supply chain issues, market demand, and the introduction of new technologies like Mini-LED or MicroLED, which could also impact OLED pricing.
Current Trends in OLED TV Pricing
Over the years, OLED TVs have seen a significant drop in prices, thanks to improved manufacturing processes. Entry-level OLED models are now more affordable, as brands compete to offer models at more competitive prices. While some of the newest models still come with a premium price tag, the trend is clearly towards more affordability. According to recent reports, some entry-level OLED models are now available for less than $1000. By 2024, mid-range models are expected to be even more affordable, making them accessible to a broader audience.
The Role of Manufacturing Process in OLED TV Affordability
OLED TVs are expected to become even more affordable when the manufacturing process is refined enough to eliminate the current high scrap rates for the screens. As technology continues to improve, we can anticipate that prices will continue to come down in a manner similar to how LCD screens have become more affordable over the years. This process involves not only reducing costs but also improving the overall quality and reliability of the OLED technology.
Current Affordability and Picture Quality Considerations
While OLED TVs are becoming more affordable, the question of accessing high picture quality remains. It’s important to note that OLED TVs are already priced at historically low levels, with some models available for prices competitive with high-end LCD-based QLED TVs. Retail platforms like Amazon, Best Buy, and local retailers often offer the latest pricing information, helping consumers make informed decisions.
That being said, LCD TVs have made significant improvements in picture quality, making them a strong competitor to OLEDs. LCDs now offer excellent picture quality in 55” and 65” sizes, reflecting advancements in technology that have reduced the price gap with OLEDs. Additionally, the rapid advancements in LCD technology have led to full-array backlighting, which has largely negated one of OLED’s key advantages: true blacks. Unless you have a fully light-controlled room that you can make entirely dark, it's often better to choose a higher-end LCD over an OLED today.
Future Prospects and Sales Events
To find affordable OLED TVs, it's important to stay informed and watch for sales events like Black Friday or major product launches. These occasions often offer significant discounts, making OLED TVs more accessible to a wider range of consumers. As the market continues to evolve, expect to see ongoing improvements in technology, leading to further reductions in prices.
While the exact timeline for OLED TVs to become extremely affordable is uncertain, the current trends indicate that they are becoming more and more accessible to the broader market. As technology continues to advance and competition remains strong, we can expect to see OLED TVs priced at increasingly competitive levels.