A report on the latest OLED materials and the market for OLED encapsulation was released by Nano Markets for the year 2011. The report is titled ‘Markets for OLED Encapsulation- 2011’.
The data provided in the report draws a connection between the market opportunities for suppliers of OLED encapsulation and the emerging trend of OLED lighting concepts. The market predictions for OLED encapsulation are promising in the year 2016 with an expected turnover of $ 170 million and OLED lighting opportunities will also surface in the market around the same time.
Nano Markets provides detailed quantitative analysis of the market opportunities for the suppliers in the OLED market in the report. Various product development opportunities and the market strategies of the top companies of the OLED encapsulation area are also discussed in the report. Some of the notable companies discussed in the report are DuPont and Corning, Tera Barrier and 3M. Apart from the market trends, the report also provides market forecasts spanning eight years on the OLED encapsulation market. Nano Markets has observed that a number of firms have devoted their resources into the area of encapsulation for many years now and are now realizing the importance of high quality encapsulation. These firms are expecting more opportunities in this sector. It is expected that the OLED market will grow rapidly in the area of mobile computing displays and television displays etc over the next few years providing the value for the money of the customers. Encapsulation techniques using glass have been dominating the market and will continue to do so. However, with the OLED panels expanding in size and with emerging lighting trends the dominance of glass encapsulation is expected to reduce in the long run. With the technological advancements in this field, the cost of OLED displays has shown a receding trend.