Organic Light Emitting Diodes (OLEDs): Technologies and Global Markets
Global shipments of OLEDs totaled $3.2 billion in 2011 and $4.9 billion in 2012. Total OLED shipment value is expected to reach $20.3 billion in 2017 after increasing at a five-year compound annual growth rate (CAGR) of 32.6%.
The study analyzes the global market for OLED electronic displays and lighting devices through 2017, as well as the geographical breakdown of OLED production and consumption. The market for other emerging OLED applications, such as sensors, is also covered in less detail.
The study also includes the following major elements:
- Industry structure.
- Technology trends and patent analysis.
- Global economic environment.
- Government, industry and academic support.
The original report on which this updated edition is based was prepared by Bob Moran. Mr. Moran has worked as a technology market analyst and technology writer for more than 20 years and is the author of numerous BCC Research reports. He has authored reports covering thin film deposition, photovoltaic solar technology, electronic gaming, magnetic and optical storage, surface modification of polymers, and other technology topics. He has also served as the editor of BCC Research publications, including Display Industry News and Micro and Nanotechnology.
The analyst responsible for updating the report is Andrew McWilliams, a partner in the Boston–based international technology and marketing consulting firm, 43rd Parallel LLC. Mr. McWilliams is the author or co-author of many other BCC studies, including studies in related fields such as NAN031D Nanotechnology: A Realistic Market Assessment; NAN036B Nanotechnology for Photonics: Global Markets; AVM078A New Electronic Materials and Device Technologies: Global Markets; and SMC018D Light-Emitting Diodes (LEDs) for Lighting Applications.
Total organic light-emitting diode market shipments reached $3 billion approximately in 2010 and will increase to more than $3 billion by 2011. And this market is estimated to reach to $5.2 billion at a compound annual growth rate (CAGR) of 11.6%.
- The global market for organic light-emitting diodes was worth $4.5 billion in 2008, decreased to $3.9 billion in 2009, and is expected to increase to nearly $8.1 billion in 2014. The compound annual growth rate (CAGR) for the 5-year period would be 15.3%.
- OLED displays dominate the market, generating $3.5 billion in sales in 2008 but decreasing to $2.9 billion in 2009. Sales are expected to increase in the next 5 years to reach nearly $5.9 billion in 2014, for a CAGR of 14.9%.
- The OLED lights market amounted to more than $1 billion in 2008, and is projected to decrease slightly in 2009, but rebound to $2.2 billion in 2014, for a 5-year CAGR of 16.5%.