How does the OLED lighting market have any prospects?
US research institutions released the latest “2014-2020 Global OLED Market Opportunities and Forecasts” report. The data shows that from 2014 to 2020, the OLED market will increase to 18.2 billion US dollars in 2020 from a compound annual growth rate of 18.3%. Recently, the United States research institutions released the latest "2014-2020 global OLED market opportunities and forecasts" report, the data show that from 2014 to 2020, OLED market will grow at a compound annual growth rate of 18.3% to 372 billion US dollars in 2020. The report covers the display and lighting panel. US research institutes pointed out that the Oled lighting market will grow rapidly at a compound annual growth rate of 45.8%; in 2014, the largest market for commercial Oled lighting market revenue will reach US$245.1 million. The industrial Oled lighting market will grow at a compound annual growth rate of 53.8% to 463 million U.S. dollars in 2020, becoming the fastest growing area.
American research institute analysts appear to be very optimistic about the Oled lighting market. Most analysts expect that the entire OLED lighting market will be less than 100 million U.S. dollars in 2015; Electroni Cast consultants estimate that the entire OLED lighting market will reach 150 million U.S. dollars in 2015; UBI believes that the entire OLED lighting market will not be able to reach the 2016 level. It reached US$100 million; ID Tech Ex believes that by 2017, the entire OLED lighting market will still be below US$80 million.
U.S. research institutions have a high forecast. For example, Display Search believes that the global OLED market will increase from 10.3 billion U.S. dollars in 2014 to 23 billion U.S. dollars in 2020; UBI believes that the OLED market will reach 65 billion U.S. dollars by 2020.
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