Albany, NY -- (SBWire) -- 12/04/2014 --MarketResearchReports.biz has added a report on 'OLED Lighting Opportunities 2014-2025: Forecasts, Technologies, Players' to its repository. The report estimates the global OLED lighting market to reach US$1.3 billion by 2023, charting an annual growth rate of 40-50%. Organic light emitting diodes (OLED) are the latest to join existing lighting technologies such as CFL and LEDs.
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The monetary value of the global OLED lighting market is forecast by estimating the market share held by OLED lighting in each market segment, calculating sector-wise total lighting area of OLEDs, estimating lumen output for each segment, and estimating number of units sold across each sector.
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The report assesses the outcomes of competition between the global OLED lighting and LED lighting market, both of which solid-state technologies with similar value propositions across key market segments. The analysis states that OLED will achieve higher market shares if it can successfully overcome its pain points associated with cost and performance (as compared to LED lighting).
The report delves into two aspects of the global OLED lighting market: Technology and market assessment. The former provides a detailed overview of LED and OLED lighting technology and device attributes. The latter comprises a market assessment composed of cost projections, cost evolution, and more.
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This report then goes on to analyze the value propositions offered by devices in the global OLED market on parameters such as: form factor, light quality, longevity and light intensity. The report further conducts a rigorous comparison between LED and OLED performance based on the above parameters.
Furthermore, the report draws up a comparison between the size of the OLED market and the LED market for applications such as automotive, residential, and backplane.
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MarketResearchReports.biz: Global OLED Lighting Opportunities 2014-2025 – Forecasts, Technologies, Players
The Report OLED Lighting Opportunities 2014-2025: Forecasts, Technologies, Players provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz