OIDA LED will forecast the next ten years with the traditional lighting OLED contend for hegemony, the development is slow

At the ninth annual global market summary and forecast of photoelectron, OIDA announced its latest market data: 2006 Optoelectronics Market Innovation, electronic products and components of $565 billion, more than 05 years ($494 billion) increased by 14.5%. It is expected that in the next ten years, the market of optoelectronic products and components will grow at a CAGR of (2007-2017), which will grow to more than $12000 by 2017. The LCD display as the biggest driving force in the market, will appear in the TV, mobile phones to digital assistants and other customer based products. In optoelectronic products, solar energy, computing / processing and consumption display / TV in 17.3%, 5.6% and 6.3% compound annual growth rate become the main revenue is expected to 2017, these three markets will reach $425 billion. In 2006, the revenue of these markets was $198 billion. Inspired by white light (HB) LED, LED market in 2017 more than 14 billion U.S. dollars, semiconductor lighting, automotive and signal / display will be the main force to promote the market. By 2017, the semiconductor lighting device in the lighting market share will be more than 30%, and incandescent lamp, fluorescent lamp competition. The next ten years, with HB LED as the mainstream semiconductor lighting market will exceed $60 billion, while OLED due to the high cost structure, will slow penetration into the market.

Source: China Semiconductor Lighting Network