NanoMarkets provides market research and industry analysis of opportunities within advanced materials and emerging energy and electronics markets
The OLED encapsulation sector has changed considerably in the past two years. OLEDs have broken out of their previous niche market pattern, in which they were used mostly for simple, passive matrix displays for MP3 players, cell-phone sub-displays, etc., that had modest encapsulation needs well served by simple cover glass technologies.
Today, however, the OLED industry is booming, with full-color, active-matrix (AM) OLEDs leading the way. Indeed, OLED displays have gone mainstream, and OLED lighting is not far behind:
• OLED displays are the fastest growing primary display type in mass-market smartphones, tablets, and other mobile computing products.
• Meanwhile, OLED lighting is now on the market in the form of designer light kits, as well as in luxury luminaires, and NanoMarkets is predicting that larger segments of the lighting market are likely to be penetrated by OLED lighting in the next few years.
• OLED TVs appear to be – finally – on the verge of mass-market introduction, with products from Samsung and LG expected in 2012 and 2013, respectively.
These trends mean that the addressable market for OLED encapsulation materials is rapidly growing and should continue to do so.