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(India.CityRegions.Com, April 24, 2018 ) According to Publisher’s analyst, the global OLED lighting market is anticipated to grow rapidly and will post a stupendous CAGR of close to 91% during the forecast period. The growing demand for energy-efficient lighting and eco-friendly lighting solutions will drive the growth prospects for the global OLED lighting market until the end of 2021. One of the major factors responsible for the increasing demand for the organic light-emitting diode (OLEDs) is the growing number of initiatives from governments and consumers to the reduce energy consumption and adopt power-saving lighting solutions as OLEDs are efficient in terms of lighting and power consumption. Also, OLEDs emit much lower levels of carbon as compared with their counterparts and solves the issue pertaining to the escalating energy cost and consumption. According to the industry research report, OLED bulbs are more durable than incandescent bulbs by up to thousands of hours while the OLED technology is extremely flexible and increases the potential for saving by effective use of lighting controls.
For more information about this report: http://www.reportsweb.com/global-organic-light-emitting-diode-lighting-market-2017-2021 .
Covered in this report The report covers the present scenario and the growth prospects of the global OLED lighting market for 2017-2021. To calculate the market size, the report considers the revenue from sales of OLED lighting panels only and excludes the sales of OLED modules, drivers, and control systems. The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global OLED lighting Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - OSRAM - LG Display - OLEDWorks
Other prominent vendors - FIRST O-LITE - Lumiotec - NEC Lighting - Pioneer - TOSHIBA
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001692663/sample .
Market driver - Flexibility in design of OLED lighting panels - For a full, detailed list, view our report
Market challenge - Declining manufacturing cost of LEDs - For a full, detailed list, view our report
Market trend - Increased scope for penetration in residential and public infrastructure sector - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2021 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001692663/buying .
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
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