Novaled

Company type:  

Germany-based Novaled, established in 2003, specializes in high efficiency, long-lifetime OLED stack materials. With expertise in synthetic and analytical chemistry, the company offers complete solutions for the organic electronic markets, commercializing Novaled's Doping technology and materials. The company has over 1,300 patents granted or pending.

In 2013, Samsung acquired Novaled for 260 million Euro.

Company Address

Elisabeth-Boer-Strasse 9
01099 Dresden
Germany

DSCC: OLED material sales to reach almost $3 billion by 2026

DSCC updated its OLED material market data, and it now sees AMOLED stack material revenues growing at a 18% from 2020 ($1.07 billion) to 2026 ($2.9 billion). If UDC actually manages to release a commercial blue PHOLED, the market could even exceed $3 billion.

OLED material revenues by application (2019-2026, DSCC)

The majority of OLED material revenues from from TV applications, but the market share of mobile devices is expected to grow and reach almost 50% by 2026.

Read the full story Posted: Jul 07,2022

Novaled - Doping for brilliant OLED displays

The following is a sponsored post by Novaled

Novaled is a leading provider of proprietary organic materials and complementary innovative technologies for superior OLEDs in display and lighting and for high performance Organic Solar Cells (OSC). Being active in the field of organic electronics, Novaled's skill set is quite unique, combining expertise in physics, chemistry and engineering support. Headquartered in Dresden/Germany, Novaled has also some business and technical presence in Asia. In 2013, Novaled has become part of the Samsung Group.

Novaled Dresden offices photo

Milestones in the history of Novaled

Novaled is a former start-up, founded in 2001 as a spin-off from the Technical University of Dresden and the Fraunhofer Institute. After a phase of extensive research and development, from 2006, our materials could be tested by display manufacturers, and successfully made their way into Samsung's mass production right from the start in 2010. Initially, Samsung was the only producer of OLEDs - organic light-emitting diodes.

Read the full story Posted: Oct 28,2021

DSCC: the AMOLED material market to grow to $1.4 billion in 2021, $2.18 billion in 2025

DSCC updated its AMOLED material market forecast, saying that the market will reach $1.4 billion in 2021 (up 32% from 2020), and grow at a 16% CAGR from 2019 ($927 million) to 2025, to reach $2.18 billion by 2025.

AMOLED material revenues  forecast (2019-2025, DSCC)

DSCC takes a look into the material cost for LG Display's WOLED TV panels. LGD will likely manage to implement incremental improvements in material utilization and price, which will enable the company to almost halve the material cost of its TV panels- from $88.14 per sqm in 2019 to $47.19 per sqm by 2025.

Read the full story Posted: Aug 17,2021

DSCC posts its latest outlook for the OLED materials market

DSCC posted an interesting post with its latest views and forecasts on the OLED material market. The company expects AMOLED stack material sales to grow at a 18% CAGR in the next five years, from $294 million in 2019 to $2.46 billion in 2024. Compared to its previous estimate, DSCC sees higher sales as demand for OLED TVs and OLEDs in the IT market (tablets and notebooks) is increasing.

AMOLED material revenues by application (2019-2025, DSCC)

DSCC also posted an analysis of LGD's new evo OLED material stack. Compared to LGD's "standard" WOLED stack, the evo adds an emitting green layer to improve the brightness by 20%. This of course adds an extra material cost to the panel price.

Read the full story Posted: Feb 05,2021

DSCC - OLED material sales will grow from $951 million in 2019 to $2.69 billion in 2024

DSCC updated its OLED material market estimates, saying that AMOLED stack material sales will grow from $951 million in 2019 to $2.69 billion in 2024 - a CAGR of 23%. These new estimates take into account DSCC's reduced input area forecast due to the slowdown in demand cased by the Covid-19 pandemic.

AMOLED material revenues (2019-2024, DSCC)

DSCC says that incremental improvements in material utilization and price reductions, material costs per square meters will decline in the future. The unyielded cost of producing a square meter of a WOLED TV panel will decline from $95.21 in 2019 to $56.11 in 2024.

Read the full story Posted: May 08,2020

DSCC sees the OLED material market growing from $1 billion in 2018 to over $2 billion in 2022

DSCC analysts say that OLED stack materials will grow from $1.04 billion in 2018 to over $2 billion in 2022 - a CAGR of 17%.

OLED material revenue by application (2017-2023, DSCC)

DSCC says that up until now it greatly underestimated Novaled's revenues, and it now says that Novaled generated revenues of $97 million in 2017 and $122 million in 2018. Novaled is the third largest OLED material company by revenue - following Universal Display and Merck. The three companies combined will hold a market share of 56% in 2023.

Read the full story Posted: Jul 19,2019

Novaled inaugurates its new €30 million offices and R&D Headquarters

In January 2017 Novaled started constructing its new €30 million fab and office headquarters buildings in Dresden, a renovated old mill turned into a prestigious office building and state-of-the-art OLED R&D laboratories which increase the company's R&D OLED deposition capacity by 40%.

Novaled now officially inaugurated its new headquarters, and released the nice video above showing the new offices, facilities and laboratories - including the 110 meter long R&D center with fully equipped chemical laboratories and ISO5 and ISO7 cleanrooms. We wish all our good friends at Novaled the best of luck in the new location!

Read the full story Posted: Jun 20,2019

DSCC lowers its OLED material revenue forecasts, published Samsung's latest OLED stack

DSCC lowered its OLED material revenue forecasts, saying that the market is expected to grow at a 25% CAGR from $773 million in 2017 to $2.35 billion in 2022 (down from its previous estimates of $2.56 billion in 2022). The fastest growing (51% CAGR) OLED application will be OLED lighting, which will grow from $12 million in 2017 to $95 million in 2022.

Samsung Galaxy S9 material stack (DSCC)

DSCC also published the material stack for Samsung's latest OLEDs (used in the Galaxy S9), which you can see above.

Read the full story Posted: Apr 25,2018

Novaled orders a $3 million OLED deposition system from Sunic System

In January 2017 Novaled started constructing its new fab and office buildings in Dresden, that will comprise of a renovated old mill that will be turned into a prestigious office building and a new 110-meter long R&D plant with state-of-the-art research areas, laboratories and clean rooms. Novaled announced today that it has ordered OLED deposition systems from Sunic System for about $3 million.

Novaled's future Dresden HQ (render, 2017)

The new deposition system will increase Novaled's OLED production capacity by 40% and will offer more precise repeatability in processing. This is of course an R&D machine that is used to test Novaled's organic materials.

Read the full story Posted: Feb 07,2018

Novaled celebrates its new premises corner stone foundation, OLED-Info pays a visit to its current one

In January 2017 Novaled started constructing its new fab and office buildings in Dresden, that will comprise of a renovated old mill that will be turned into a prestigious office building and a new 110-meter long R&D plant with state-of-the-art research areas, laboratories and clean rooms. Today Novaled celebrates the corner stone foundation for the new company premises.

Novaled's future Dresden HQ (render, 2017)

Samsung's decision to invest over €25 in the property purchase and construction shows the Korean OLED developer commitment to Novaled. The site's total space will be 10,200 m² - the old mill, which is under monument protection, will be renovated and transformed into a prestigious office building. and a 110 meter long new R&D plant will be built - and it will include research area, clean rooms and new laboratories.

Read the full story Posted: Jun 12,2017