DisplaySearch: OLED to grow from 4% of the FPD industry in 2011 to 16% in 2018 ($20 billion in revenue)

DisplaySearch says that OLED displays are estimated to take around 4% of the total flat panel display (FPD) industry in 2011, and this will grow to around 16% in 2018. Revenue wise, OLEDs will grow from over $4 billion in 2011 to over $20 billion in 2018. A few weeks ago DisplaySearch said that AMOLED display revenue will reach $3.36 billion in 2011 - which means that they forecast around $700 million in PMOLED revenue.

The company also says that OLED lighting is gaining momentum, and will reach $6 billion in revenue by 2018.