Taiwan's ITRI showcased over 30 new OLED lighting lamp designs, it co-developed with the Taiwan Lighting Fixture Export Association (TLFEA). ITRI also demonstrated a new automotive OLED lighting prototype it co-developed with Ta Yih, which you can see below.
ITRI is reportedly building a Roll-to-Roll (R2R) R&D pilot line to produce flexible OLED lighting panels on flexible glass substrates. The line will be operative by 2017, and will be able to produce about 700 panels per month.
ITRI's Industrial Economics & Knowledge Center (IEK) says that the OLED lighting market generated less than $100 million in revenues in 2015, but is expected to grow and reach $1.9 billion by 2025.
Market research company Yole Developpement predict a $1.5 billion OLED lighting market in 2021 (up from almost $30 million in 2015). ElectroniCast Consultant estimates the OLED lighting market in 2015 to have generated $150 million in revenues - and expects the market to grow to almost $2.4 billion in 2020 and $6.7 billion in 2023. UBI sees OLEDs becoming the dominant lighting technology by 2025 - as OLEDs grab about 10% of the total lighting market with almost $6 billion in panel revenues.
Other analysts are not so optimistic. N-Tech Research (Nanomarkets) see the OLED lighting market reaching $1 billion in sales by 2020 and over $2.2 billion by the end of 2022, while Cintelliq sees OLED competing with LEDs in 2016, and 500 million 100x100 mm OLED lighting panels produced in 2023. IHS estimates the 2014 OLED lighting market (at the panel level) at $2.7 million, and says that the market will only reach $26 million by 2020.
