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Subject OLED lighting market to reach $6 B by 2018
Name Administrator Date 2009.03.16 Click 2823

The OLED lighting industry will pick up momentum in 2011, with Philips, GE, Konica Minolta, Lumiotec and OSRAM entering mass production, according to LEDs Magazine.

 

LED’s magazine referenced a recently released report by DisplaySearch titled, OLED Lighting in 2009 and Beyond: The Bright Future.

The OLED lighting market will have revenues reaching $6 B by 2018 and surpassing PMOLED displays in the 2013/2014 timeframe.

 

OLED lighting has unique features that will help its growth, says Jennifer Colegrove, director of Display Technologies at DisplaySearch. Its “devices emit from the surface, can be made flexible/rollable, and even transparent like a window or reflective like a mirror. OLED lighting is thin, rugged, lightweight, and has fast switch-on times, wide operating temperatures, no noise and is environmentally friendly. The power efficiency of OLED lighting has also improved dramatically in recent years.”

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