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Yole Developpements sees the printed and flexible OLED equipment and materials markets emerging in 2015
Market research company Yole Developpement released a new report (Market & Technology Trends in Materials & Equipment for Printed & Flexible Electronics) in which they estimate that by 2020, the equipment & materials market for printed & flexible electronics will reach $1.65 billion.
Yole estimates that the materials market will emerge in 2018, driven by the OLED industry (in 2020, the material market for printed and flexible OLEDs will reach $170 million). The equipment market will ramp-up in 2015. Yole expects the OLED equipment market to reach $1.3 billion in 2020.
Yole expects that in 2020 the OLED industry will produce almost 3 million m² of processed surface - this will represent 77% of the total printed electronics market. Market growth and technical innovation will be more challenging in non-OLED related fields.