OLED Lighting to See Bright Future
Lighting Japan has its fifth exhibition kicks off in Tokyo, Japan. The exhibition not only demonstrates innovative technology but also incorporates views about the latest trends. There are two significant trends in this exhibition.
According to show Management Company Reed Japan, the number of exhibitors has grown by 10% YoY at 410 in this year; where nPora has drawn much spotlight among all Korean companies. In addition to the specialized exhibition section for Taiwanese vendors, players including Genesis Photonics, Everlight and Optotech all host big individual booths at the show. But as for the host Japan, big names including Panasonic and Toshiba have no absence.
In addition, OLED also gains much traction in this exhibition. And more OLED vendors have joined with actual OLED products showcased, backed by the growing maturity on technology front. Due to the disadvantage of low-yield and high price, the growth rate of OLED falls behind LCD. In particularly, based on this year of CES in Las Vegas, the majority of TV manufacturers all highlighted the application of 4K LCD in 2013. And market research firm NPD Displaysearch also predicted that 4K LCD TV will ship more than OLED TV. But at the same time, Samsung, LG and Panasonic have unveiled OLED displays at CES, which shows OLED TV is growing rapidly.
Based on Research and Markets, in 2011 the OLED displays output worldwide more than tripled compared to the previous year to approximately $3.3 billion. And it also forecasts that global output is projected to reach $6.7 billion in 2012, more than double the 2011 figure. The shipment of OLED display panels around the globe reached 190 million pieces in 2012, with the share in medium and small-sized display screens climbing up to 8.4%.
Looking ahead of the future OLED market, with the increase of yield and the resulting price dropping as well as the promotion of energy-saving and environment protection awareness and the consumers’ requirement for better vision experience, OLED will achieve rapid development in the near future.