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Industry News
NanoMarkets Announces Release Of Latest Report On OLED Materials Market
June 28, 2012

Industry analyst firm NanoMarkets has announced that it will begin shipping its latest report that analyzes the opportunities for OLED materials suppliers in both the display and lighting sectors over the next eight years. The report, "OLED Materials Markets 2012," estimates that the total market value of materials used in OLED lighting and display applications will grow quickly from over $500 million ($US) in 2012 to over $7 billion by 2019. Of the total OLED materials market value, the active OLED materials -- emissive materials, hosts, and hole/electron injection and transport materials are expected to account for nearly $3 billion.

Additional details about the report are available at: http://nanomarkets.net/market_reports/report/oled_materials_markets_2012

About the Report:

This latest NanoMarkets report on the OLED industry provides an analysis and forecast of the OLED materials market in the next eight years in both the booming OLED display and the nascent OLED lighting industry. The report examines some of the latest market strategies, products and technical developments in materials, and it identifies how performance improvements are growing some addressable markets for OLEDs, especially in the larger-size OLED lighting and OLED TV sectors.

The report also includes NanoMarkets' assessments of the strategies of several of the leading OLED materials suppliers. Key players mentioned in the report include Samsung, LG, Universal Display, Visionox, BASF, Merck, Novaled, Philips, Osram, GE, DuPont, Sumitomo, Idemitsu Kosan, Sony, Panasonic, and others.

This report contains granular eight-year forecasts of materials shipments in both OLED panel area and value terms, with breakouts by application, vapor deposition vs. solution processing and/or small molecule vs. polymer, and by panel type.

From the Report:

OLEDs have broken through in the past 18 months, and there are now clear signs that OLEDs will finally live up to their long-promised potential. In this new environment, the demand for OLED materials is also growing, and the next few years will present plenty of opportunities for OLED materials suppliers to break out of their niche, specialty status.

OLED displays are now part of the mainstream, with Samsung's Galaxy smartphone products, the shipments of which exceeded iPhones in the first quarter of 2012, leading the way. OLED TVs from both LG and Samsung are entering the market this summer and fall, and other manufacturers, like AUO, Panasonic, and Sony, is likely to follow in the near term. Finally, OLED-based lighting is also already on the market, and although today's OLED lighting products consist almost entirely of low-volume designer "kits," the industry is striving toward larger panels markets that may just be the next big things in the lighting market.

All of these trends mean that the addressable market for OLED materials is rapidly growing and will continue to do so. Not only is the number of modules growing, but also the average sizes are getting steadily larger. Materials suppliers to the OLED industry will have expanded opportunities to generate revenues selling their materials - from substrates and transparent conductors to organic semiconductors, emissive materials, and encapsulation technologies. The key determinants of success will be device efficiency, lifetime, and reduction in total cost of ownership.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities in solid-state lighting, energy, electronics and other markets created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of this kind and has been covering the organic electronics space since 2005.

Visit www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.
 

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