Organic EL display market to maintain 40% growth by 2015

FPD related market research conducted by the United States DisplaySearch company data show that the active matrix (hereinafter referred to as AM) organic EL panel market is rapidly expanding. 2008 global sales of organic EL panel AM increased 110% over the previous year. Make up for the passive matrix (hereinafter referred to as PM) stagnation, pulling the organic EL panel market. PM organic EL panel to create a peak of $450 million in 2006, the size of the market has been reduced, it is expected that the first half of the AM type organic EL panel in 2009 sales will exceed the PM type organic EL panel. In addition, DisplaySearch expects 2014 organic EL lighting sales will exceed PM organic EL panel.

DisplaySearch predicts organic EL panel market will continue to grow in the future, in 2008 global sales of $591 million, while in 2015 will exceed $6 billion. Although organic EL sales in 2008 accounted for less than 1% of the total FPD market, but is expected to reach about 5% by 2015. DisplaySearch is expected until 2015, the average annual growth rate of the entire FPD market will remain at around 3%, while organic EL will grow at an average annual rate of about 40%.