2020 OLED lighting market or expanded to 29 billion 200 million yuan

The Financial Times reported, LG Chemical scheduled for March the mass consumer market launched several OLED lighting equipment, including OLED reading lamp. Others, such as MITSUBISHI chemical, Pioneer and other Japanese companies are also optimistic about the market outlook, have started mass production of OLED lighting equipment.

The global OLED lighting market is $83 million (about 515 million yuan) revenue, and related research institutions are expected, 2020 before the market revenue will be expanded to $4 billion 700 million (about 29 billion 170 million yuan), growth potential.

At present, LG Chemical in the global OLED lighting market holds 20% market share, ahead of Japan and other countries in the industry. Although the overall lighting market is still by PHILPS, OSRAM and LG Electronics singular led, but convinced that the development of OLED lighting technology chemical company and the European and American manufacturers will be closer to the distance.

The biggest advantage of OLED lighting panel is light and flexible with a thickness of only 1/10 of the LED panel, and the weight is LED panel of 1/5. The OLED panel release heat is low, and the power consumption is only 10% of traditional lighting, has been applied in the intelligent mobile phone and tablet computer screen, and the future can be used in automobile, aircraft or submarines in lighting equipment.

Although the European lighting equipment maker questioned OLED lighting equipment expensive manufacturing cost is difficult to promote the market to take off, but including Konica Minolta, MITSUBISHI, Pioneer and other Japanese chemical industry has begun production of OLED lighting equipment.

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