- OLED Display, Lighting Markets to Expand to $10.9 Billion by 2012
- The market for OLEDs used in displays and lighting applications is expected to reach $10.9 billion by 2012, and grow to $15.5 billion by the year 2014, according to a new report from NanoMarkets, an industry analyst firm.
A key finding is that OLEDs are now offering more than adequate lifetimes, brightness and spectrum ranges, and are beginning to find opportunities in the lighting business.
Lighting applications that are likely to emerge for OLEDs will include backlighting for LCD displays and consumer electronics, aviation lighting, and mood lighting in restaurants and public buildings.
NanoMarkets expects the market for OLED-based lighting to exceed $1 billion by 2014.
The new NanoMarkets report, OLED Markets: 2007 & Beyond forecasts major markets for OLEDs including mobile displays, televisions, computer displays, automotive, consumer electronics, backlighting and general illumination.
In addition, the report reviews new developments in OLED production and materials.
NanoMarkets (website) tracks and analyzes emerging market opportunities created by developments in advanced materials.
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