Frost & Sullivan released a new report titled “European OLED Market”.  This report analyses the current and future trends in the European OLEDs market with analysis by each OLED types (lighting and displays), opportunity and competition in the European market, market drivers and restraints along with the industry challenges. The research also highlights the trend in the LEDs market.

Regarding OLED lighting, F&S says that OLEDs energy efficiency offers offers numerous opportunities for large-scale adoption. The EU are investing sizeable amounts in R&D - and they want to develop a large-scale, geographically extensive OLED lighting industry. This leads to an increased optimism regarding the future of OLEDs. The reports suggests that EU will also help to adopt OLEDs in the long-term with funding and legislations.

Europe accounts for nearly 40 per cent of the world’s lamp market. The demand for energy-efficient lighting solutions will, therefore, boost demand for OLEDs in this region.