OLED Market Study Reveals Industry Will Reach $5.2 Billion
Aug 19, 2011
MarketResearch.com recently announced a new report of a study of the OLED lighting market concluding it will reach $5.2 billion.
The study was conducted by first looking at the structure of the OLED industry, as well as the market leaders and the competitiveness involved between the lighting/display and OLED industries. The study took into account "the impact of economic and technological conditions" and what future markets would be like. Data includes forecasts from 2010 to 2011 in addition to a 5 year projection from 2011 to 2016. There are other aspects considered such as the technology involved in the industry, trends, and what is in development.
The current data shows OLED market shipments reached $3 billion in 2010 and will increase to more than $3 billion by 2011, with the market estimated to reach $5.2 billion at the compound annual growth rate (CAGR) OF 11.6%.
For the full study:
Author: Rebecca Milne
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