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Market research firm Intertech Pira recently released a report that the global OLED lighting and display market will grow from 615 million US dollars in 2008 to more than 6.7 billion US dollars in 2014, with a compound annual growth rate (CAGR) of up to 44 in five years. %.
IntertechPira said that in terms of OLED displays, it is predicted that the market will have a CAGR of 35% in revenue from 2009 to 2014, with a scale of approximately US$4.7 billion. Its main growth drive, early application of AMOLED displays in portable products. In the future, AMOLED TV sets; in terms of OLED lighting, starting from a small market scale in 2010, with a growth rate of 112% CAGR, reaching a scale of 1.985 billion US dollars in 2014.
In addition, due to the development of OLED materials and technology, the agency believes that some OLED display manufacturers will turn to the field of OLED lighting. IntertechPira said that OLED displays were launched in the late 1990s, with major manufacturers being Japan, Taiwan and South Korea; by 2014, the proportion of Chinese manufacturers will gradually increase. As for European manufacturers, it mainly develops OLED lighting technology.
As for the PMOLED display market, IntertechPira expects that the market will continue to scale down between 2009 and 2014. In contrast, AMOLED displays will grow at a compound annual growth rate of 42%; while the automotive OLED lighting market will be in 2011. It started to take off, and by 2014, it grew rapidly with 100% CAGR.
Due to its adaptability and printability, IntertechPira is very optimistic about the application potential of this technology. In the future, it may be used as a product for luminous wallpaper, product packaging, advertising signs, clothing, greeting cards, or to enter medical applications. 