NanoMarkets has just published its latest forecasts of worldwide OLED lighting markets. According to NanoMarkets, OLED lighting will generate $6 billion in revenues by 2015 driven by the need for cost efficient lighting in a number of different applications, including general illumination, architectural lighting, backlighting, vehicular lighting and signage. The report titled, “OLED Lighting, An Eight-Year Market Forecast (2010),” is part of the firm’s “OLED Lighting Market Planning and Advisory Service.”
Most of the firms offering or planning to supply OLED lighting are focusing on the general illumination and/or the architectural lighting sectors, which together, NanoMarkets believes, will account for just over $4 billion by 2015. However, there are also other applications for OLED lighting with considerable potential. For example, vehicular lighting is expected to bring in more than $750 million in revenues in 2015. NanoMarkets’ forecasts in this report also include two different scenarios for OLED backlighting; one in which OLED prove themselves to be an effective substitute to today’s electroluminescent lighting and one in which OLED technology reaches a level of development where it can provide an effective backlighting technology for LCD displays. Under this second scenario, NanoMarkets believes that OLED backlighting could generate revenues as high as $1.4 billion.
For more information, visit NanoMarkets.
Report Sees $6 Billion OLED Lighting Markets by 2015
