OLEDs and paper-like display technology are rapidly leading to new opportunities in the display industry according to a new report from NanoMarkets. The report predicts that combined sales of OLED displays and paper-like displays will reach $10.2 billion by 2011 and then go on to reach $14.7 billion by 2013.
Findings from the report:
Low-cost manufacturability: OLED displays and paper-like displays can both be created on flexible substrates such as plastic or foil. This means roll-to-roll production processes for display production are increasingly viable making the manufacturing process much more efficient. At the same time, advances in both inks and equipment are enabling OLED displays to be printed, significantly reducing the capital costs associated with display manufacturing. Both of these factors will drive down the total cost of displays, a key element for this market's growth prospects.
OLEDs on TV: OLED technology will soon have color quality and resolution required for the television market. OLED televisions will reach $2.2 billion in revenues in 2001 and will take a slice out of the LCD television business.