UBI Research says that LG Display will start mass producing OLED lighting panels at its 5-Gen fab by the end of September 2017, which will the growth period of the OLED lighting market.
According to UBI, the market will reach panel sales of $1.9 billion by 2021, and continue its fast growth to reach $5.8 billion by 2025. That's a CAGR of 85% from 2017 to 2025!
UBI estimates that a 100x100 mm OLED lighting panel will drop in price to below $10 once LGD manages to mass produce panels at its new fab, which will finally enable OLEDs to actually penetrate some lighting markets - including automobile lighting, display lighting and even indoor (consumer) lighting. In 2017 LG Display will have a market share of 70% and will continue to lead the OLED lighting panel with a market share of 50% in 2020.