OLED Lighting to Take Off in 2011, Says Display Search

DisplaySearch (Austin, TX) has released its report, OLED Lighting in 2009 and Beyond: The Bright Future, which says the OLED-lighting will take off in 2011, with OLED-lighting revenues surpassing PMOLED displays in the 2013/2014 timeframe, reaching $6 billion by 2018.

“The unique features of OLED lighting are inspiring the imagination of designers. OLED lighting 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,” said Jennifer Colegrove, Ph.D., DisplaySearch’s director of display technologies.

Market size, in both area (square meters) and revenue, are forecast through 2018, with breakdowns for six applications, including automotive, display backlights, decorative/general lighting, healthcare/industrial, and signage/advertisement. Market forecasts are also given by substrate type, detailed by flexible versus rigid.

In the future, the report says the OLED-lighting industry will pick up in 2011, with Philips, GE, Konica Minolta, Lumiotec and OSRAM entering mass production.