Global OLED lighting technology/company trend and market forecast (2010-2020)

DUBLIN, IRELAND: Research and Markets has announced the addition of the "Global OLED Lighting Technology/Company Trend and Market Forecast (2010-2020)" report to its offering.

The most widely used lighting sources are .incandescent light and fluorescent light. However, these cause world power consumption of lighting fixtures to amount to 2.1 trillion KW each year, corresponding to about 12-15 percent of the entire electricity. As a result, about 1.7 billion tons of CO2 are being discharged each year, causing mercury contamination or various types of environmental pollution. Thus, there is a need for new eco-friendly lighting allowing for human sensitivity as well as high efficiency.

The best known type of this new concept lighting might be LED. However, OLED is also at the height of technical development, making the best use of its success in the display industry as a springboard in the field of lighting.

Since OLED lighting has the advantages -no emission of contaminants such as mercury and high efficiency- like LED, it is considered as eco-friendly lighting that can reduce power consumption compared to existing lighting types. Moreover, in that it is a surface light source, it allows a variety of choices in design, a wide range of applications (transparent) and flexible lighting, which indicates its high market potential.

In addition, it is expected that new technologies to be adopted in the field of display in the future will be also applied to the field of OLED lighting, due to a relatively low technical level of OLED lighting compared to OLED display.