Yole Développement released a new report (OLED for lighting 2012-2020) in which they forecast that the OLED lighting market will kickstart in 2014, and grow to $1.7 billion in revenues by 2020. Growth will be driven mainly by General Lighting applications, representing more than 70% of the overall OLED lighting business in 2020.
Yole says that traditional lighting makers will not choose to invest in OLED mass production - as the costs are high and the production difficulties are numerous. OLED lighting development will therefore depend on bottom of the supply chain companies that will need to offer more vertical integration.
Posted: Nov 02,2012 by Ron Mertens
