Is There Room for OLED?

 

According to a report by IDTechEx, OLED lighting will account for just 1.3 percent of the market size of LED lighting in 2023.

 

The difference between the two lighting technologies is that OLED lighting is a surface emission device. While OLED lighting offers unique design features, it may only find a niche market for certain applications due to it being less efficient and more costly than LED.

 

Right now, OLED lags behind LED in terms of efficiency with 20-50 lumens per watt (lm/W) compared to 90-100 lm/W in LEDs. OLED lights also offer fewer hours than LED.

 

Of course, OLED is still in its developing stages. “The growth of the OLED display industry will aid the OLED lighting sector with cheaper, higher performance devices over time.”

 

Source: CEPro

 

By Gaylen Davenport

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.