Organic Light Emitting Diodes (OLEDs): Technologies and Global Markets

This publication has been discontinued on July 22, 2011.

Below is the updated product.

Organic Light Emitting Diodes (OLEDs): Technologies and Global Markets

Published: July, 2011

Product code: 205746

Introduction

• The global market for organic light-emitting diodes was worth $4.5 billion in 2008, decreased to $3.9 billion in 2009, and is expected to increase to nearly $8.1 billion in 2014. The compound annual growth rate (CAGR) for the 5-year period would be 15.3%.
• OLED displays dominate the market, generating $3.5 billion in sales in 2008 but decreasing to $2.9 billion in 2009. Sales are expected to increase in the next 5 years to reach nearly $5.9 billion in 2014, for a CAGR of 14.9%.
• The OLED lights market amounted to more than $1 billion in 2008, and is projected to decrease slightly in 2009, but rebound to $2.2 billion in 2014, for a 5-year CAGR of 16.5%.

In this study, the goal of BCC Research is to determine the current status of the market for organic light-emitting diodes (OLEDs) for 2008 and then examine their growth potential in 2009 and then to 2014. We were primarily interested in the growth in their two major markets of electronic displays and solid-state lighting. Our previous work on solid-state lighting was done in 2006 and involved only inorganic LEDs. We recently published a study on the entire display industry, but wanted to concentrate on the OLED as a prime competitor to other display technologies.

The key objective is to present a comprehensive analysis of the current market for organic light-emitting diodes and project the industry's future direction.

The scope of this study encompasses OLED electronic displays and lighting devices. BCC Research analyzes the OLED industry structure for displays and lighting, identifies the key players, and analyzes the industry's competitiveness. Then, for each technology, we determine its current status, examine the impact on future markets, and present forecasts for growth from 2008 to 2009, and then over the five-year period from 2009 to 2014. Technological issues, including the latest trends, are discussed. Other essential factors such as the economic environment are also reviewed.

BCC analyzes the OLED industry on a worldwide basis, both from a manufacturing and consumption point of view. We examine government and industry support for research and development in the major regions of the world. We also analyze market share for unit shipments and their value for each type of display and lighting product.

BCC Research presents an analysis of the units shipped for 2008 and for each major type of OLED display and lighting product. Our estimated value is what manufacturers have paid in nondepreciated U.S. dollars. Based on our surveys, we analyze the potential growth of each major product and then forecast shipments for 2009 and 2014. We also analyze pricing trends and establish shipment values for 2008, and project those for 2009 and 2014.

We interviewed approximately 125 companies to obtain data for this study. Included were manufacturers of OLED displays and components, lighting devices, consumer products, communication systems, instrumentation and transportation equipment. We also spoke with construction companies, lighting manufacturers, building contractors and lighting installers. We spoke with OLED users in a variety of industries and compiled data from current financial/trade information, such as trade publications and financial reports and government sources.

Bob Moran has worked as a technology market analyst and technology writer for more than 20 years, and is the author of numerous BCC Research reports. He has authored reports covering thin film deposition, photovoltaic solar technology, electronic gaming, magnetic and optical storage, surface modification of polymers and other technology topics.

Organic Light Emitting Diodes (OLEDs): Technologies and Global Markets

• STUDY GOALS AND OBJECTIVES
• REASONS FOR DOING THIS STUDY
• INTENDED AUDIENCE
• SCOPE OF REPORT
• METHODOLOGY
• INFORMATION SOURCES
• ANALYST CREDENTIALS
• RELATED BCC WORK CREDENTIALS
• BCC ONLINE SERVICES
• DISCLAIMER

• SUMMARY
• SUMMARY TABLE THE ORGANIC LIGHT-EMITTING DIODE MARKET THROUGH 2014 ($ MILLIONS)
• SUMMARY FIGURE VALUE OF OLED SHIPMENTS, 2008 AND 2014 ($ MILLIONS)

• THE LIGHT-EMITTING DIODE
• ORGANIC LIGHT-EMITTING DIODES
  • TABLE 1 GENERAL TYPES OF ORGANIC LEDS
  • TABLE 2 MAJOR APPLICATIONS OF OLEDS
• OLED MATERIALS
  • TABLE 3 BASIC MATERIALS USED FOR OLEDS

• TABLE 4 KEY COMPANIES INVOLVED IN THE OLED DISPLAY AND LIGHTING INDUSTRIES
• TABLE 4 (CONTINUED)
• TABLE 4 (CONTINUED)
• LABORATORY AND UNIVERSITY INVOLVEMENT
  • TABLE 5 RESEARCH FACILITIES, UNIVERSITIES AND OTHERS INVOLVED IN ORGANIC LEDS
• Semiconductor Energy Lab
• Princeton University and University of Southern California
• Georgia Tech
• OLED MANUFACTURING
• MOST MANUFACTURING DONE IN FAR EAST
  • TABLE 6 GLOBAL OLED MANUFACTURING SHARE BY REGION 2008-2014 (%)
  • FIGURE 1 OLED MANUFACTURING SHARE BY REGION, 2008, 2009 AND 2014 (%)
• OLED CONSUMPTION
• REGIONAL OLED CONSUMPTION IS MORE EVENLY DISTRIBUTED
  • TABLE 7 OLED CONSUMPTION BY REGION, 2008-2014 (%)
  • FIGURE 2 OLED DISPLAY CONSUMPTION, 2008-2014 (%)
• OLED MARKET LEADERS
  • TABLE 8 ESTIMATED MARKET LEADERS IN ORGANIC LED TECHNOLGY FOR DISPLAYS AND LIGHTING (%)
  • FIGURE 3 ESTIMATED MARKET LEADERS IN THE ORGANIC DISPLAY AND LIGHTING INDUSTRIES (%)
• COMPANY PROFILES
• AUO OPTRONICS
• CAMBRIDGE DISPLAY TECHNOLOGY LTD.
• CHI MEI OPTOELECTRONICS
• DUPONT CORP.
• EASTMAN KODAK
• GENERAL ELECTRIC GLOBAL RESEARCH
• HANNSTAR DISPLAY CORP.
• HITACHI DISPLAYS LTD.
• LG ELECTRONICS, INC.
• MERCK KGGA
• NISSAN CHEMICAL INDUSTRIES LTD.
• NOVALED AG
• OLED-T LTD.
• OSRAM OPTO SEMICONDUCTOR
• RITDISPLAY COMPANY
• SAMSUNG SEMICONDUCTOR INC.
• SEIKO-EPSON
• SIEMENS ENERGY AND AUTOMATION
• TOHOKU PIONEER CORP.
• TPO DISPLAYS
• UNIVERSAL DISPLAY CORP.
• VITEX SYSTEMS INC.

• OLED DISPLAY INDUSTRY CHARACTERISTICS
• THE CRT VERSUS THE FLAT-PANEL DISPLAY
  • TABLE 9 PRACTICAL PROBLEMS WITH THE CRT DISPLAY
• Early Flat Panels Costly and Difficult to Make
• Flat Panels Surpass CRT
• CONTINUED EXPANSION OF FLAT PANEL TECHNOLOGY
  • TABLE 10 PRODUCT AND MARKET FACTORS FAVORING FLAT-PANEL DISPLAYS
• OLED LIGHTING INDUSTRY CHARACTERISTICS
• GLOBAL LIGHTING PERSPECTIVE
  • TABLE 11 ESTIMATED GLOBAL CONSUMPTION OF ENERGY, 2008
• THE SEARCH FOR MORE EFFICIENT LIGHTING
• SOLID-STATE LIGHTING
  • TABLE 12 BENEFITS OF SOLID-STATE (LED) LIGHTING
• GOVERNMENT/INDUSTRY SUPPORT FOR OLED DISPLAYS
• UNITED STATES OLED DISPLAYS SUPPORT
• Flex Tech Alliance
  • TABLE 13 MISSION OF THE FLEX TECH ALLIANCE
• SEMI Flat-panel Display Division
• Phosphor Technology Center of Excellence (PTCOE)
  • TABLE 14 MAJOR ACTIVITIES AT PTCOE
• Impact of U.S. Display Activities
• EUROPEAN OLED DISPLAY SUPPORT ACTIVITIES
  • TABLE 15 KEY GOALS OF EUROPEAN DISPLAY EFFORTS
• European Commission Programs
• German Flat Panel Display Forum (DFF)
  • TABLE 16 MISSION OF THE GERMAN FLAT PANEL DISPLAY FORUM
• Impact of European Display Support
• ASIA-PACIFIC AND CHINA SUPPORT ACTIVITIES
• Japanese Involvement
  • TABLE 17 DEVELOPMENT OF THE JAPANESE DISPLAY INDUSTRY
• Japan' s Industry Association
• Republic of Korea
• Taiwan
• Singapore' s Activities
  • TABLE 18 GOALS OF THE SINGAPORE INSTITUTE OF MATERIALS RESEARCH & ENGINEERING
• China Joins the Display Manufacturers
• DISPLAY GOVERNMENT/INDUSTRY SUPPORT SUMMARY
• GOVERNMENT/INDUSTRY SUPPORT FOR OLED LIGHTING
• UNITED STATES ORGANIC LIGHTING SUPPORT
• Department of Energy (DOE) Programs
  • TABLE 19 INTERACTIVE PATHWAYS FOR DOE RESEARCH
• High-Efficiency Blue Emitting OLED Devices for Lighting
• Transparent Conductive Oxides for Organic Lighting Using Combinatorial Techniques
• High-quality, Low-cost Transparent Conductive Oxides
• High-Efficiency, Long Lifetime OLEDs with Stable Cathode Nanostructures
• Long-term Device Stability via Transmission Electron Microscopy
• Industry Support
• EUROPEAN ORGANIC LIGHTING SUPPORT
• European Photonics Industry Consortium
  • TABLE 20 GOVERNING BOARD MEMBERS OF EPIC
• Organic LED Lighting in European Dimensions
  • TABLE 21 PARTICIPANTS IN OLED100.EU
• JAPANESE SUPPORT ACTIVITY
• Japanese Firms Form Joint Venture for OLED Lighting
• Japanese Government Supports OLED Research
• OLED LIGHTING SUPPORT IN CHINA
• LIGHTING, INDUSTRY SUPPORT SUMMARY
• THE GLOBAL ECONOMIC CRISIS
• CURRENT SITUATION
• Drop in GDP and Falling Consumer Sales
  • TABLE 22 FIRST QUARTER 2009 ECONOMIC MILESTONES (%)
  • TABLE 23 ECONOMIC FACTORS IMPACTING THE ORGANIC LED INDUSTRY
• Impact on Current demand
• The Current Consensus on the Technology Industry
• The Economists View
• Long Term Look at the Economy
  • TABLE 24 ECONOMIC ASSUMPTIONS FOR THE GROWTH OF ORGANIC LEDS, 2009-2014
• OLED TECHNOLOGY DEVELOPMENT
• MARKET GROWTH FACTORS
• Driving Forces for Growth
• Impact of Market Growth Factors
  • TABLE 25 IMPACT OF KEY COMPETITIVENESS FACTORS ON THE GROWTH OF THE ORGANIC LED INDUSTRY (%)
  • FIGURE 4 IMPACT OF INDUSTRY COMPETITIVENESS FACTORS ON THE GROWTH OF ORGANIC LEDS (%)

• MARKET APPROACH
• MARKET PERSPECTIVE
  • TABLE 26 ESTIMATED GLOBAL ORGANIC LED REVENUES AND MARKET SHARE BY TECHNOLOGY, 2008 ($ MILLIONS, SHARE %)
  • FIGURE 5 TOTAL GLOBAL ORGANIC LED MARKET, 2008 ($ MILLIONS)
• MARKET ANALYSIS
• MEASUREMENT OBJECTIVES

• ORIGIN AND HISTORY
• ORIGIN AND HISTORY (CONTINUED)
• OLED DISPLAY MARKET STRUCTURE
  • TABLE 27 CURRENT OLED DISPLAY MANUFACTURERS, 2009
  • TABLE 27 (CONTINUED)
• BASIC OLED TECHNOLOGY
• THE MECHANICS OF LIGHT EMISSION
• DISPLAY COMPONENTS
  • TABLE 28 TYPICAL OLED DISPLAY LAYERED STRUCTURE
• Passive versus Active Displays
• Active-matrix OLEDs
• Using TFT Infrastructure
• OTHER TYPES OF OLED DISPLAYS
• Transparent OLEDs
  • TABLE 29 PROPERTIES OF TRANSPARENT OLEDS
• Top Emission OLEDs
• Flexible OLED
• Stacked OLEDs
• Flexible Display Initiative
• MORE ON POLYMER OLED DISPLAYS
• Developments in P-OLED Technology
• Similar Principles of Operation
  • TABLE 30 BASIC OPERATION OF A P-OLED
• P-OLEDs also Have Active and Passive Drivers
• FABRICATING OLEDS
  • TABLE 31 MAJOR METHODS OF FABRICATION OF OLED DISPLAYS
• Vacuum Thermal Evaporation
• Organic Phase Deposition
• Inkjet Printing
• Advantages for Flexible Displays
• TECHNICAL COMPARISON BETWEEN THE OLED AND LCD DISPLAYS
  • TABLE 32 MAKING A TFT LCD VERSUS AN ACTIVE-MATRIX OLED
• ORGANIC DISPLAY TECHNOLOGY DEVELOPMENT
• OLED DISPLAY PATENT ANALYSIS
• SCOPE OF PATENT ACTIVITY IN THIS REPORT
  • TABLE 33 TOTAL PATENTS RELATING TO OLED DISPLAYS AND LIGHTING, 2007-2009
  • FIGURE 6 NUMBER OF PATENTS RELATING TO OLED DISPLAYS AND LIGHTING 2007-2009
• A LOOK AT DISPLAY PATENTS
• PATENTS BY TECHNICAL SUBJECT
  • TABLE 34 OLED DISPLAY PATENTS BY TECHNICAL CATEGORY 2007-2009
• PATENTS BY COMPANY
  • TABLE 35 OLED PATENTS BY COMPANY 2007-2009
• SAMPLE PATENT ABSTRACTS
• Active-matrix Organic Light-emitting Diode Display
• Pixel Driving Circuit and Its Use in Active-matrix Display
• Water Dispersible Polyanilines for Electronics Applications
• Organic Light-emitting Diode Display
• Driving Method for OLED Display
• OLED DISPLAY MATERIALS
  • TABLE 36 BASIC MATERIALS USED IN OLEDS
• Dendrimers for Added Efficiency
• OLED DISPLAY APPLICATIONS
• THE LCD COMPARISON
  • TABLE 37 KEY APPLICATIONS OF OLED DISPLAYS
• BENEFITS OF OLED TECHNOLOGY
• CURRENT OBSTACLES
• OLED MARKET ASSESSMENT
• RECENT OLED GROWTH RATES
  • TABLE 38 GLOBAL SHIPMENTS OF OLED DISPLAYS, 2004-2008 (UNITS 000)
• The Major Market Thrust
• A Pause in Growth
  • TABLE 39 FORECAST ASSUMPTIONS: GROWTH OF OLED DISPLAYS
• FORECAST: GLOBAL OLED SHIPMENTS
  • TABLE 40 FORECAST: GLOBAL SHIPMENTS OF OLEDS BY DISPLAY TYPE THROUGH 2014 (UNITS 000)
• FORECAST: VALUE OF OLED SHIPMENTS
  • TABLE 41 ESTIMATED AVERAGE PRICES OF OLED PANELS BY APPLICATION, 2008-2024 ($)
  • TABLE 42 GLOBAL VALUE OF OLED DISPLAY SHIPMENTS, THROUGH 2014 ($ MILLIONS)
  • FIGURE 7 VALUE OF GLOBAL OLED SHIPMENTS, 2008-2014 ($ MILLIONS)
• FORECAST: VALUE OF SHIPMENTS BY APPLICATION
  • TABLE 43 GLOBAL SHIPMENTS OF OLED DISPLAYS BY APPLICATION, THROUGH 2014 (UNITS 000)
  • FIGURE 8 PROJECTION OF OLEDS INTO VARIOUS APPLICATIONS, 2008-2014 (000 UNITS)
• DISPLAY SUMMARY

• ORIGIN, HISTORY, AND CURRENT POSITION
• THE OLED IN CURRENT LIGHTING SYSTEMS
• The OLED in Current Lighting Systems (Continued)
  • TABLE 44 EFFICACIES OF CURRENT LIGHTING SYSTEMS (LUMENS PER WATT)
• OLED LIGHTING MARKET STRUCTURE
  • TABLE 45 CURRENT OLED LIGHTING MANUFACTURERS
  • TABLE 45 (CONTINUED)
• BASIC OLED LIGHTING TECHNOLOGY
• LEDS VERSUS OLEDS
  • TABLE 46 VISIBLE DIFFERENCES BETWEEN THE LED AND OLED
• TYPICAL STRUCTURE
  • TABLE 47 TYPICAL STRUCTURE OF AN OLED LIGHT
• HOW OLED LIGHTING WORKS
• Color Capability
• FLEXIBLE LIGHTING IS ALSO A BIG MARKET POTENTIAL
• Moisture/barrier Layer
  • TABLE 48 TYPICAL STRUCTURE OF A PROPOSED OLED FLEXIBLE SUBSTRATE LIGHT
• FABRICATION PROCESSES OF OLED LIGHTING
  • TABLE 49 KEY ADVANTAGES OF OLED LIGHTING FABRICATION METHODS
• Substrate Size Is Key
• Roll-to-Roll Method Will Be Important
  • TABLE 50 ADVANTAGES OF ROLL-TO-ROLL FABRICATION
• ORGANIC LIGHTING TECHNOLOGY DEVELOPMENT
• Advances in White Color Performance
• Advances in White ... (Continued)
• Claim White Light Record
• Novel Products
  • TABLE 51 CURRENT PERFORMANCE OF A LUMIBLADE OLED LIGHT
• Advances in Lighting Concepts
• Other Plans for the OLED
• OLED LIGHTING PATENT ANALYSIS
• SCOPE OF PATENT ACTIVITY
• OUR LOOK AT DISPLAY PATENTS
• PATENTS BY TECHNICAL SUBJECT
  • TABLE 52 OLED LIGHTING PATENTS BY TECHNICAL CATEGORY, 2007-2009
• PATENTS BY COMPANY
  • TABLE 53 OLED LIGHTING PATENTS BY COMPANY, 2007-2009
• SAMPLE PATENT ABSTRACTS
• Light-emitting Molecules and Organic Light-Emitting Devices including Light-Emitting Molecules
• Nanostructured Electrode
• Organic Compounds for Electroluminescence and Organic Devices
• Producing Light with Organic Light-Emitting Devices
• Organic Light-Emitting Diode with Improved Operational Stability
• Heat Conducting Mounting Fixture for Solid-State Lamp
• Device Structure for OLED Light Device Has Multi Element Light Extraction and Luminescence Conversion Layer
• OLEDs Doped With Phosphorescent Compounds
• OLED LIGHTING MATERIALS
  • TABLE 54 BASIC MATERIALS USED IN OLED LIGHTING
• ORGANIC LIGHTING APPLICATIONS
• Blue Efficiency Helps OLED Market
  • TABLE 55 KEY APPLICATIONS OF OLED LIGHTING TECHNOLOGY
• THE ADVANTAGES OF OLED LIGHTING OVER BULB PRODUCTS
• CURRENT OBSTACLES
• Thin Film Moisture Barrier for OLED Lamps
• OLED LIGHTING MARKET ASSESSMENT
• RECENT OLED LIGHTING GROWTH RATES
  • TABLE 56 GLOBAL SHIPMENTS OF OLED LIGHTING PRODUCTS, THROUGH 2008 (UNITS 000)
• Lighting Has Become a Key Market
• The General Illumination Market Is Primary OLED Target
• A Pause in Growth
• FORECAST ASSUMPTIONS
  • TABLE 57 FORECAST ASSUMPTIONS: GROWTH OF OLED LIGHTING
• FORECAST: GLOBAL OLED LIGHTING SHIPMENTS
  • TABLE 58 FORECAST: GLOBAL SHIPMENT OF OLED LIGHTS BY TYPE, THROUGH 2014 (UNITS 000)
• FORECAST: VALUE OF OLED LIGHTING SHIPMENTS
  • TABLE 59 ESTIMATED AVERAGE PRICES OF OLED LIGHTING DEVICES BY APPLICATION, 2008-2014 ($)
  • TABLE 60 GLOBAL VALUE OF OLED LIGHTING DEVICE SHIPMENTS THROUGH 2014 ($ MILLIONS)
  • FIGURE 9 GLOBAL VALUE OF OLEDS FOR LIGHTING DEVICES, 2008-2014 ($ MILLIONS)
• FORECAST: VALUE OF LIGHTING SHIPMENTS BY APPLICATION
  • TABLE 61 GLOBAL SHIPMENTS OF OLED LIGHTING BY APPLICATION, THROUGH 2014 (UNITS 000)
  • FIGURE 10 PROJECTION OF OLED LIGHTING INTO APPLICATIONS, 2008-2014 (UNITS 000)
• LIGHTING SUMMARY
• Lighting Summary (Continued)

• TABLE 62 GLOBAL OLED SHIPMENTS AND MARKET SHARE BY TYPE OF PRODUCT, 2008-2014 (000 UNITS AND SHARE %)
• DISPLAY SHIPMENTS
  • FIGURE 11 GLOBAL OLED SHIPMENTS BY TYPE OF PRODUCT, 2008-2014 (000 UNITS)
• LIGHTING SHIPMENTS
• VALUE OF OLED TECHNOLOGIES
  • TABLE 63 VALUE OF GLOBAL OLED SHIPMENTS AND MARKET SHARE BY TYPE OF PRODUCT, 2008-2014 ($ MILLIONS AND SHARE %)
  • FIGURE 12 VALUE OF GLOBAL OLED SHIPMENTS, 2008-2014 ($ MILLIONS)
• VALUE OF DISPLAY SHIPMENTS
• VALUE OF LIGHTING SHIPMENTS
• BENEFITS OF SOLID-STATE LIGHTING IN ILLUMINATION
• SENSORS MAY PROVIDE ADDITIONAL OLED APPLICATION
• APPLICATION OF OLEDS IN SENSORS
• BENEFITS OF OLED SENSORS
  • TABLE 64 BENEFITS OF OLED-BASED SENSORS

Related Reports