Frost & Sullivan: Innovations Illuminate the Global Organic Light-Emitting Diode Market

Frost & Sullivan: Innovations Illuminate the Global Organic Light- Emitting Diode Market PR Newswire MOUNTAIN VIEW, California, Sept. 19, 2012 - Self-emissive features give organic light-emitting diodes a significant competitive edge over other displays MOUNTAIN VIEW, California, Sept. 19, 2012 /PRNewswire/ -- The exciting new display technology of organic light- emitting diodes (OLEDs) is gradually taking the lead over competing lighting and display technologies, including liquid crystal displays (LCDs). The market's emerging dominance furthers, with innovate technologies like active matrix OLED (AMOLED). New analysis from Frost & Sullivan (http://www.smt.frost.com), Analyzing Global Opportunities in the OLED Market, finds that the market earned revenues of over $1.69 billion in 2011 and estimates this to reach $7.39 billion in 2016 at a compound annual growth rate (CAGR) of 34 percent. If you are interested in more information on this research, please send an email to Jeannette Garcia, Corporate Communications, at jeannette.garcia@frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. OLEDs take an advantage over LCDs by having thinner, lightweight and printable displays. As a matter of fact, OLEDs are five times thinner than conventional LCDs because they are self-emissive/luminous and do not require additional backlighting.