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BY Tali Aaron : December 23

LED and organic LED (OLED) are growth markets according to Market Research

osram LEDs


Market researchers forecast a threefold increase up to almost 13 billion Euros by 2012 for light emitting diodes (LEDs) and organic LEDs (OLEDs). These technologies offer a particularly small size, a long lifetime and top levels of energy-efficiency, thus opening up new applications and new markets. As Osram CEO Martin Goetzeler proclaimed: "We are shaping the lighting market of the future and are a leading manufacturer in all stages of the LED value chain. We already achieve 15 percent of our sales with these new technologies. In connection with classic technologies our LED portfolio of products, systems and solutions will raise energy savings for lighting up to the 60 percent."  Solutions such as the "Star of the South", which has been lighting up the sky on the outskirts of Munich since the first Sunday in Advent, show the design opportunities these new technologies have to offer.

LEDs are already well established in some market segments, such as backlighting for cell phones and television sets or in the automotive sector. In other areas, such as outdoor lighting (tunnels/streets) and the private domain, LEDs are on the verge of a breakthrough. Osram expects that LED retrofits as replacements for incandescent lamps will take hold on the market and trigger rising demand. Growth will be driven by falling prices, further technical developments, and global political efforts to ban inefficient bulbs. New and established technologies such as halogen and energy-saving light bulbs will continue to exist side-by-side on the market for many years to come.

Osram sees the next development step in the lighting market in the field of organic LEDs (OLEDs). "In November we launched "Orbeos", thus becoming the first company to offer an OLED for installation in designer luminaires. This has given us a head start in this young and promising market," commented Dr. Rudiger Muller, head of Osram's LED operations. He added: "We expect the greatest impact in those areas where OLED technology's unique selling points really come into their own, namely as extremely slim, efficient and transparent surface-emitting panels with a very good light quality." OLEDs are therefore not only a light source but also provide modern design opportunities even when they are switched off.

At the same time, these new technologies are also extremely energy-efficient. A recent study conducted by Osram confirms that LED lights today are just as environmentally-friendly as energy-saving lamps, and much more energy efficient than conventional bulbs. The latest generation of Osram LED lamps achieves a lifetime of 25,000 hours with a power input of 8 watts. 25 conventional 40-watt light bulbs would be needed to achieve the same burning life, each with an average lifetime of 1,000 hours. Over 66 percent of Osram sales come from energy-efficient products.  Osram expects this to increase up to 80 percent within the next years.

9 Responses to LED and organic LED (OLED) are growth markets according to Market Research

  1. what is a living wall on January 26, 2013 at 6:13 pm


    There's definately a lot to find out about this issue. I really like all the points you've made.

  2. Green Eco News on December 25, 2012 at 3:02 pm


    LED and organic LED (OLED) are growth markets according to Market Research http://t.co/sYVX87wv via @newspin

  3. buildaroo on December 25, 2012 at 1:59 pm


    LED and organic LED (OLED) are growth markets according to Market... http://t.co/q1DSL2eq #eco #cleantech #greenbuilding #renewableenergy

  4. buildaroo on February 18, 2011 at 10:01 am


    LED and organic LED (OLED) are growth markets according to Market... http://bit.ly/7mGvbb #eco #cleantech #greenbuilding #renewableenergy

  5. filippos Karitinos on May 22, 2010 at 3:47 am


    In public lighting that provided by law, there will be a replacement for Saving Energy LED

  6. φιλιππος καρυτινος on May 22, 2010 at 3:43 am


    Με τον δημοτικο φωτισμο τι προβλεπει η νομοθεσια, θα υπαρξει αντικατασταση με LED ΓΙΑ ΕΞΟΙΚΟΝΟΜΙΣΗ ΕΝΕΡΓΕΙΑΣ


  7. [...] Light Emitting Diodes (OLEDs) are rapidly becoming the ‘go to’ technology for electronic display applications such as mobile phones, MP3 players, and TV screens. It seems [...]


  8. [...] Organic LED (OLED) lighting is taking another step into the consumer market with Kaneka Corp.’s announcement that it is ready to ship its mass-produced OLED lighting panels. Kaneka follows Lumiotec Inc. to become the second Japanese company to venture into the rapidly growing OLED lighting market. [...]


  9. [...] has introduced the TDM-150W. This is their new 15 inch monitor that combines the best features of OLED technology with the thrill of [...]

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