OLEDs will be used in more electronics equipment

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The use of organic light emitting diodes will grow steadily in electronics equipment
By James Carbone
The organic light emitting diode (OLED) market will grow from about $475 million in 2006 to $1.4 billion in 2013 as OLED technology competes with liquid crystal displays (LCDs) for use in electronics equipment, according to researcher Frost and Sullivan.

"OLEDs promise to be one of the key technologies of the future, especially with

respect to display and lighting applications," says Abhigyan Sengupta, an analyst for Frost & Sullivan.

"The key advantage of OLED displays is that they are based on an emissive technology, besides which the absence of back light units gives OLEDs certain advantages over LCDs," he says.

The absence of the backlight in OLEDs makes them much more energy efficient, lighter and thin compared to LCDs, which tend to be large due to the presence of backlights. OLEDs are commonly used in MP3 players and mobile phones. They will have “tremendous potential in a range of applications including thin TVs, flexible displays, transparent monitors and white-bulb replacement," says Sengupta.

Constant price reductions in LCD technology will make the OLED market a niche for a number of years. Although the performance benefits of OLEDs surpass LCDs, the decreasing cost of LCDs remains a key factor constraining the OLED industry.

"With declining prices, OLEDs might compete strongly with LCD technology in the future, but at present, LCDs have better market presence and penetration rate even though OLEDs offer superior technology."

To establish a significant market presence, OLED manufacturers should build on energy efficiency, improve resolutions and boost OLED lifecycles.