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Organic Light-Emitting Diode Lighting Market Forecast Showing 90.58% CAGR to 2021
Market Size Forecasters Added New Report “Global Organic Light-Emitting Diode Lighting Market 2017-2021” new report to its research database.About Organic Light-Emitting Diode Lighting market
Marketsizeforecasters.com adds new global OLED lighting market report that lists top active companies as OSRAM, LG Display, and OLEDWorks.
Other Prominent Vendors in the market are: FIRST O-LITE, Lumiotec, NEC Lighting, Pioneer, and TOSHIBA.
Research analysts forecast the global OLED lighting market to grow at a CAGR of 90.58% during the period 2017-2021.
Request a sample copy of Organic Light-Emitting Diode Lighting Market Research Report @ https://marketsizeforecasters.com/get-sample/18216
Commenting on the report, an analyst team said: The latest trend gaining momentum in the market is Increased scope for penetration in residential and public infrastructure sector. Rapid urbanization worldwide, especially in emerging economies, is leading to the increased demand for lighting devices in growing number of households. The residential sector is one of the major contributors to the growing demand for lighting devices.
The listed pricing for this Organic Light-Emitting Diode Lighting Market report starts at $ 3500.
Request Discount for Organic Light-Emitting Diode Lighting Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/18216
According to the report, one of the major drivers for this market is flexibility in design of OLED lighting panels. Products fitted with OLED technology have superior attributes such as design flexibility, low power consumption, enhanced light source, and thinner size. Design flexibility is one of the major driving attributes in the growing OLED lighting panel market.
Further, the report states that one of the major factors hindering the growth of this market is declining manufacturing cost of LEDs. The manufacturing costs of LEDs have been witnessing a continuous decline since 2012. This is mainly because of the declining ASPs of chips and components used in the manufacturing process of LED devices. This reduction in manufacturing costs is leading to a decline in the overall installation costs of LED lamps and fixtures. This is accelerating the installation of new LED lamps and fixtures across all the application segments.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse full table of contents and data tables For Organic Light-Emitting Diode Lighting Market Report of 70 pages https://marketsizeforecasters.com/global-organic-light-emitting-diode-lighting-market
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