A new report entitled, “OLED Lighting Markets Europe-2011” has been released by NanoMarkets. The report highlights the market opportunities for OLED lighting in Europe. According to the latest report, the European OLED lighting market will generate $1.5 billion (USD) by 2016 through the sale of OLED lighting panels.
NanoMarkets has also released an update on its global market prediction for OLED lighting and reports on OLED lighting markets in Asia. The company will publish an analysis and prediction of global OLED lighting manufacturing capability in September 2011.
According to the report by NanoMarkets, Germany will record one fourth of the sale of all OLED lighting from 2011 to 2018. Germany will be the main country in Europe to focus on OLED manufacturing because major facilities managed by Fraunhofer IPMS, Heraeus, BASF, Ledon, Merck, Philips, Novaled and Osram are all based in Germany. OLED lighting panel sales in Germany will reach nearly $360 million by 2016.
The report also shows that next to Germany, the U.K. will have maximum earnings from the sale of OLED panel. The sale of OLED panels in the U.K. will reach nearly $210 million by 2016. Several OLED companies such as E2M, CDT, PolyPhotonix and Lomox are operating from the U.K.
The global OLED luminaires market is dominated by many European companies such as Blackbody, Philips and Osram. Nearly 20 luminaires have been already created by European companies, including Tom Dixon and Ingo Maurer.