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OLED Market Revenues will Reach the Billion Dollar Mark by 2009

The Electronic Components Group at Frost + Sullivan is pleased to announce its 2008 Quarterly Analyst Briefing Presentation on the OLED display market to be held on Wednesday, May 21, 2008 at 10:00 am PDT.

Constant price reductions in LCD technology will make the OLED market a niche one. In the long term, the OLED market is expected to grow at a faster rate due to the low competency level of the TFT plants. The AMOLED price stabilization in a few years is expected to increase the growth rate of the OLED market as well. Organic light emitting diodes (OLEDs) promises to be one of the key technologies of the future, especially with respect to display and lighting applications.

This briefing will benefit all participants in the display panel manufacturers’ vertical as well as the component manufacturers’ vertical along with end users such as consumer electric manufacturers.

The key advantage of OLED displays is that they are based on an emissive technology. The absence of the back light units gives OLEDs certain advantages over LCDs. The absence of the back light in OLEDs makes it much lighter and extremely thin compared to LCDs which remain large due to the presence of back light. Reduced power consumption of OLED makes it superior to LCD as the latter requires more power.

“Some market experts anticipate that the OLED market revenues will reach the billion dollar mark by 2009; however, some research has shown that it might require a few more years to reach the billion dollar mark,” notes Frost & Sullivan Research Analyst Abhigyan Sengupta.

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