News-Spot | Business News | Jul 29, 2014

cintelliq Finds that OLED Lighting Continues to Gather Momentum

cintelliq limited is pleased to announce the release of their latest market report “OLED Lighting: Products, prices, capacity costs and forecasts 2014 - 2023”. According to cintelliq OLED lighting is expected to become a strong competitor to LED lighting by 2016 one year earlier than previously thought. OLED lighting may have had a gentle start but it is now firmly gaining market traction as an increasing number of OLED panels and luminaires reach the market – with the efficacy and lifetimes of current OLED panels at a performance level to last more than ten years under normal operating conditions they are rapidly becoming an alternative to LED lighting.

The potential of the OLED market in the short-term may be debated but what our analysis shows is that during the 2020 – 2023 period OLED lighting is set to become a major alternative to LED lighting in terms of performance, price and lifetimes.

The recent 66% price drop by LG Chem and brighter panels offered by Philips are clear signs that OLED lighting is here for the long-term as the two leading manufacturers seek to secure key market share in this rapidly growing market. Konica Minolta will launch the world’s first roll-to-roll OLED panel manufacturing line in the latter part of 2014, and this will see increases in capacity and increases in choice for luminaire manufacturers and end-users. Increased competition among OLED panel manufacturers will see greater product innovation and further price falls.

By 2020 OLED panels will be priced at €200 per m2 and operate at a brightness of 5,000cd per m2 and we could see OLED panels priced at less than €14/klm. By 2023 worldwide OLED panel production may exceed 500 million 100mm x 100mm panel equivalents.

“Now in its 3rd year this report provides a consistent review and analysis of how the market is changing annually, how big the market will grow, how many panels will be produced, how many machines will be required to meet the forecast revenues”, said Craig Cruickshank, lead analyst with cintelliq limited, “this report is becoming an essential reference for those wishing to understand the current and future evolution of the OLED lighting industry”

“OLED Lighting: Products, prices, capacity costs and forecasts  2014 - 2023” This 149 page report analyses the OLED lighting industry to understand how current products, pricing, capacity, and costs will evolve in the future and how this will impact market forecasts.

For more information about the report please visit http://www.cintelliq.com/oled-lighting/ppccf-2014-q2.html

About cintelliq ltd:
Founded in 2002, cintelliq focuses exclusively on providing information services and strategic consulting based on independent and objective analysis of the development of the emerging organic semiconductor industry.
Its services address the needs of both individuals and organisations with an interest in the development of technologies and applications across the whole of the organic semiconductor industry.
cintelliq invests its resources in: monitoring and tracking commercial and technology developments; attending exhibitions and conferences; conducting independent research; and codifying its analysis.
As well as publishing the industry’s leading weekly newsletter ‘OSA Direct’, cintelliq publishes a range of reports on the industry, conducts workshops, and carries out consultancy. For more information see: www.cintelliq.com.

FEATURED

WHITE PAPER - LEDs Lead the Way for Horticultural Lighting

WHITE PAPER - LEDs Lead the Way for Horticultural Lighting Horticultural lighting is one of the fastest growing markets in the LED lighting industry today. Currently estimated at being worth $690 million dollars annually by LEDInside, this figure is projected to reach billions in the coming years. Read more »

FEATURED

LUXTECH Introduces FLEX Color, Architectural Grade RGB Tape

LUXTECH Introduces FLEX Color, Architectural Grade RGB Tape LUXTECH, a leading American manufacturer of architectural grade LED modules, introduces FLEX Color to their line of flexible LED strips. The RGB strip light is populated by high quality LEDs with tight binning to maintain color consistency. Read more »

FEATURED

Job Opportunity

Job Opportunity Synergy 21 has been a successful, well-known brand in the lighting industry for around 9 years. We satisfy our customers with top-notch planning, development, production, and distribution of high-quality lighting fixtures. We also offer an attractive working environment to over 200 employees at 6 ... Read more »

FEATURED

XP-G2 High Efficacy LEDs Use Less Power, Drop-in Compatible

XP-G2 High Efficacy LEDs Use Less Power, Drop-in Compatible Cree, Inc. announces the new High Efficacy (HE) version of the XLamp® XP-G2 LED that delivers improved performance compared to standard XP-G2 LEDs, with higher output and greater efficiency to enable smaller, lighter, lower-cost designs. The original XLamp XP-G2 LED pioneered a broad set of LED ... Read more »

EDITORIAL

High Conductive Foils Enabling Large Area Lighting

High Conductive Foils Enabling Large Area Lighting Fraunhofer Institute for Organic Electronics, Electron Beam and Plasma Technology FEP as one of the leading partners for research and development for surface technologies and organic electronics and Sefar AG, a leading manufacturer of precision fabrics from monofilaments, developed a roll-to-roll ... Read more »

page_peel