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Analysts have named OLED as one of the key technologies of the future

Experts from the specialized division of the Electronic Components Group, which is part of the analytical company Frost & Sullivan, analyzed the prospects for the organic light-emitting diode (OLED) market and published the corresponding conclusions.

According to analysts, the constant decline in prices for liquid crystal panels (LCD) so far limits the proliferation of OLED technology. However, lower prices will do LCD badly – liquid crystal panel factories operating on the brink of profitability will in the long run lose their ability to compete with rapidly advancing OLED technology. The stabilization of prices for AMOLED panels, expected in the coming years, will be a kind of signal for the start of the OLED offensive. As a result, OLED technology will become one of the key in the future, especially considering its applications, including displays and lighting.

The main advantage of OLED displays is that they use light-emitting elements, whereas LCD panels have to be equipped with backlight systems. As a result, OLED displays are much lighter and thinner than LCDs. In addition, OLEDs also benefit in terms of energy consumption.

Source: Frost & Sullivan

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