Lighting Industry Market Control by Stable Major Companies, OLED Lighting Shakes It Up

Key companies of lighting industry, such as Osram, Philips, Panasonic, and GE Lighting, occupies approximately 70% of total lighting market and maintains stable entry barrier. Most of the key companies are also actively carrying out OLED lighting development as next generation lighting. As they reveal new OLED lighting panels each year, it is estimated that these companies will play a major role in next generation lighting market.

Total Lighting Market Structure Forecast>

OLED lighting market is currently being formed through specialized uses such as for interior/outdoor design, shop, restaurant, medical, and cosmetic. Konica Minolta has already completed mass production line investment and the line has been in operation since the end of 2014. LG Chem. is also positively considering mass production line investment. When OLED lighting panel’s active mass production begins, the market is forecast to expand as specialized lighting and replacement lighting for incandescent and fluorescent lights. From 2020, when OLED lighting panel is estimated to achieve reasonable price as interior lighting through major panel companies’ active mass production, it is estimated it will grow by encroaching part of LED lighting market.

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Interior Lighting Market Forecast>

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