OLED lighting is expected to create a new situation for the global lighting market in 2027

OLED lighting is expected to create a new situation for the global lighting market in 2027

  • 2020-10-22
  • Views:0

OLED lighting is expected to create a new situation for the global lighting market in 2027

(Summary description)

  • Categories:NEWS
  • Author:
  • Origin:
  • 2020-10-22
  • Views:0

OLED lighting is a new kind of solid state lighting technology, the biggest characteristic is its no glare (Non - Glaring) features, to light in the darkness for a long time, and will not let tired eyes. The OLED lighting market is expected to grow to $2.5 billion by 2027, which is expected to break new ground for the global lighting market.

Khasha Ghaffarzadeh, head of consultancy IDTechEx, said the lighting market is structured in a very broad way, with a variety of technology combinations and different customer needs. Homes, offices, industrial plants, shops, outdoor environments, and so on all have varying degrees of demand for energy efficiency, service life, light intensity, color temperature, and design.

According to the field division, indoor application fields such as hotels and stores will be imported into OLED lighting first. Given BMW's announcement in 2015 that it will introduce OLED lighting in its car lights, the introduction of automotive lighting is also very optimistic. However, life and reliability still need to be improved. As soon as costs are reduced and service life is extended, OLED can gradually be introduced into homes, offices and outdoor areas.

OLED lighting is light and flexible, allowing for more flexibility and versatility in application design and the use of fewer materials. In addition, OLED lighting does not emit heat and does not contain ULTRAVIOLET light, making it ideal for outdoor lighting. Ultraviolet light from man-made sources can damage human skin and attract insects, but OLED light sources don't have ultraviolet light, so they can be used outdoors to protect people from mosquitoes.

IDTechEx predicts the OLED lighting market will grow to $2.5 billion by 2027. Until 2020, however, growth will be very slow. In particular, LED lighting has been successfully introduced into the market, and the technology, cost structure and supply chain have been greatly improved, which has widened the huge cost gap between LED and OLED. Although leading OLED lighting manufacturers such as Konica Minolta and LG have made important technological gains in recent years, the performance gap has not narrowed much.
Therefore, the primary challenge OLED lighting faces is to differentiate the market. Many companies such as Osram and Philips have been successful in LED lighting and their business volumes are growing. The OLED investment provides a hedge bet and a way to stand out in the increasingly commoditized LED market.


Scan the QR code to read on your phone


E-mail: info@tonghuilighting.cn

ADD: No. 1, Guiding Road, Licang District, Qingdao, Shandong, China

Tel: +86-532-80928966      +86-532-80925662


Powered by www.300.cn