NanoMarkets forecasts 2011 Asian OLED lighting market

America NanoMarkets predicts that by 2016, OLED lighting output in Asia will reach $2 billion 100 million.

Industry analysis firm NanoMarkets will be released in April 22nd its latest report entitled "Oled lighting market in Asia in 2011," the report pointed out that by 2016 the Asian OLED lighting output value will reach $2 billion 100 million. This report is the latest report of NanoMarkets's ongoing research on the global OLED market.

The report analyzes the market opportunities in Asia Lighting and OLED lighting market development, OLED lighting market of each country's supply and demand structure is considered in detail, considering the OLED lighting mode of each country is adopted and the regulatory environment of the OLED lighting market, lighting market and provides the forecast for the next eight years. The report focuses on whether it will be due to natural disasters in Japan and OLED lighting manufacturing industry to China's market prospects.

NanoMarkets's report said that although the lighting market in Japan will be affected by the earthquake and tsunami has weakened, but its OLED industry in 2014 until the time is still in a dominant position. Japanese consumer enthusiasm for OLED is no less than a passion for LED, while Japanese companies in the entire OLED lighting supply chain, such as design, manufacture and wholesale distribution are in a critical position. Expected in 2016, Japan's OLED lighting sales will reach $1 billion 100 million.

OLED lighting market in China is relatively small, is expected to 2016, according to NanoMarkets, OLED China lighting market will reach $420 million, the development of China OLED lighting market to benefit from the national industrial policy, the domestic market is based on the needs of developing high technology industry.

Although South Korea in OLED lighting started earlier, but NanoMarkets predicts that by 2016, its OLED lighting sales of only $230 million. However, like Samsung and LG have a huge influence on the company of OLED has also increased research efforts, the prospect is still uncertain how, NanoMarkets also pointed out that Samsung Electronics will have OLED display into the mainstream, can not ignore the Samsung Corp of OLED lighting technology research and development potential.

The main countries involved in the report include Japan, China, South Korea, and other Asian countries, such as India and Philippines. The types of lighting covered in the report include general lighting, building lighting and vehicle lighting.