NanoMarkets declared the release of a recent report entitled "OLED Materials Markets 2012."
This report examines the opportunities for OLED materials suppliers over the next eight years in display as well as lighting sectors. According to the forecast of NanoMarkets, the total market value of OLED materials will show rapid growth from $524 M in 2012 to more than $7.4 B by the end of 2019, at a CAGR of over 45%.
The report analyzes recent market strategies, technical and product developments in materials. It also examines the effects of performance improvements in the addressable OLEDs markets.
The report includes granular eight-year forecasts of materials shipments in OLED panel area as well as in value terms. Based on material type, classification can be made as vapor vs. solution processing and small molecule vs. polymer deposition technology, while based on panel type, it can be divided as rigid vs. flexible. Functional OLED materials in the emissive layer, electrodes and encapsulation technologies fall under material categories.
Last year, the OLED market witnessed considerable changes. With the introduction of Samsung's Galaxy phones that outsmarts OLED-free Apple iPhones, OLEDs have become a major driving force for the display markets. There is an ongoing shift toward OLEDs with larger panel sizes as OLED TVs and OLED lighting evolves.
The commercial momentum can be maintained when technology and cost requirements are fulfilled by the materials suppliers. Materials suppliers to the OLED industry can establish competitive advantages in disciplines such as materials that increase efficiency, long-life blue emitter systems, high performance solution-processable materials that enable cost-effective large-area manufacturing, and enhanced encapsulation and substrate technologies that increase panel lifetime and expand design capabilities.
Source: http://www.nanomarkets.net/
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