Market share of OLED lighting in the entire lighting market per segment as a function of year OLED lighting market measured in number of equivalent Samsung Galaxy II smart phones as a function of year Total light output produced globally by OLED lighting and the equivalent number of 60W incandescent bulbs replaced as a function of year* Total accumulated capital investment (blue) and growth rate (red) in investment as a function of year Production capacity (blue) and capacity utilisation (red) as a function year required for sustaining the forecast growth in the OLED lighting sector OLED lighting market size (in million $) per lighting sector as a function of year between 20 OLED lighting market size (in million $) and growth rate (as a % of market size) as a function of year between 20 Light output (klm) - OLED lighting market by lighting sector Market size (number of units)* - OLED lighting market by lighting sector Value (percentage) - OLED lighting market by lighting sectorĪrea (sqr m)* - OLED lighting market by lighting sector Timeline for penetration of OLED lighting in different market sectors Series of radar charts assessing the value proposition of OLED lighting for different market segments Timeline of M&A and investment activity in the OLED industry Market Analysis - Implications for production capacity and capital investmentĭeveloping a tangible feel for the scale of the IDTechEx market forecastĬomparing the attributes of OLED and LED lighting using a radar chartĪverage lifetime requirements for lighting technologies for use in residential, office, industrial, shop, hospitality, outdoor, and architectural segments. Price as a function of year in $/m2 and $/klm units Inset: Product-level yield as a function of year The total material costs are broken down between materials, integrated substrates and encapsulation layers. Material cost projection as a function of year. OLED value proposition per lighting sector - a parameterized analysis The changes in configuration anticipated (and required) for cost reduction LED lightingĬapital investment in LED lighting globally Integrated substrates - system configuration and cost projection Increase in production capacity of LED lighting in m2 /year and total lumen output in klm*Įncapsulation - system configuration and cost projection The relative price sensitivity of different lighting market segments Market growth of LEDs in the backlighting, automotive and general lighting sectors between 20* Please contact us today to learn more about how OLED lighting works and to explore additional products you may enjoy.OLED LIGHTING MARKETS, FORECASTS AND ASSESSMENT 2013-2023Īnticipated reduction in LED lighting price at package level OLED bulbs might not be ready to fully replace your entire home lighting, but they do make excellent decorative and accent pieces. If you’re curious about what an OLED light bulb would be like in your home, Aamsco offers a versatile collection you can browse at your leisure. Experts suggest that the OLED lighting market will grow to over $1 billion by 2023, so it’s likely more businesses and homes will begin to consider organic light fixtures and panels in their design. As prices lessen, production will also change, and it will be interesting to see how the style of OLED lighting evolves to suit the times.īecause OLED lighting is still in its infancy, the technology behind it will likely change significantly over the next five to 10 years. OLED light fixtures will gradually become more common, which will reduce the overall cost of the average OLED light bulb. While it will likely not come to fully replace LED light bulbs any time soon, the eco-conscious design of the OLED light panel will certainly make its design one worth advancing. The Future of OLED Light Bulbs and PanelsĪs we look forward to the future, it is likely that the trajectory of OLED light design will be similar to that of the LED.
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