Lighting technology has evolved from traditional incandescent bulbs to energy-efficient LED lights, and now more advanced OLED lights are popping up. Acuity Brands, North America's largest lighting company, believes it is time to roll out commercial and domestic OLED lamps. Research firm Nanomarkets also forecasts that the global OLED market could reach $1.4 billion by the end of 2020.
OLED (Organic light-emitting diode) is a lamp-shaped light source that replaces LED points of light, CNET reported Wednesday. OLED light is not blinding or dazzling, and does not need a hood to block it. It can also be folded and bent, making it more versatile. However, OLED lights are currently priced too high, which is the biggest obstacle to entering the market, and Acseveral Brands believes that the price of OLED lights will fall sharply in the next few years.

The nikkei reported on February 12, Pioneer will use in yamagata prefecture meters in March and mass production bases in the "luminous layer coated type (formed by coating process light-emitting layer)" production technology of OLED lighting panels, is 10 cm square panel conversion with side length, its thousands of pieces in the early period, the monthly output and plan to after the second half of 2014 (October 2014 - March 2015) will yield increase about 40000 pieces.
Pioneer, which has teamed up with Mitsubishi Chemical to set up an OLED lighting sales company, aims to capture 30 percent of the OLED lighting market in 2019 with a revenue challenge of 30 billion yen. According to Nikkei, OLED lighting emits more natural light than LED lighting, but even with the coated technology, the unit price is still two to three times that of LED lighting.