Press release
OLED Lighting Global Market Forecast 2015-2025
ElectroniCast projects that the worldwide consumption value of selected lighting OLEDs reached $144 million in last year; consumption value is forecast to increase at an average annual growth rate of 74.8 percent to nearly $2.36 billion in 2020.
The total value of OLED lighting is forecast an increase to $6.7 billion in the year 2023, before slipping to $5.544 billion in 2025. Quantity/unit volume is forecast to continue to climb through 2025; however, sharp decreases in average selling prices will eventually cause the overall market value to decrease.
The United States Department of Energy (DOE) estimates that lighting for buildings accounts for more than 20 percent of U.S. energy use. Over the next 20 years, the agency estimates that widespread adoption of LED and OLED lighting could reduce electricity demands 60 percent and prevent almost 260 metric tons of carbon emission.
To view a detailed description and Table of Contents please visit: https://www.reportsworldwide.com/report/oled-lighting-global-market-forecast-2015-2025
This report provides the market data by the following regional segments:
Global (Total)
• America
• United States and Canada
• Latin America
• EMEA
• Northern Europe
• Southern Europe
• Western Europe
• Eastern Europe
• Middle East and Africa
• APAC
• People's Republic of China (PRC)
• Japan
• Republic of Korea (ROK)
• Rest of APAC
This report provides the forecast by the following functions:
• Consumption Value: US$, Million
• Quantity: Number of square meter (m2) in Millions
• Average Selling Prices: ASP US$, per square meter
To enquire about this Report please visit @ https://www.reportsworldwide.com/enquiry?report_id=2333
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