After a slow increase of revenue from 2015 to 2018 due to LED cost erosion,Yole Développement’s analysts forecast a market recovery with a 23.7% CAGR between 2015 and 2021.
This trends is explained by the wider adoption of advanced front lighting systems and the slow adoption of emerging light sources such as laser and OLED. Laser technology is just at the starting point in term of adoption: there are still some questions about technology’s added-value and potential associated risks. From its side, OLED technology confirms its added-value but suffers from its very high price…
Under its latest report, Automotive Lighting: Technology, Industry & Market Trends, the "More than Moore" market research and strategy consulting is analyzing the market potential of both technologies. This new analysis presents the current status and future trends of the automotive lighting market. The market research reviews the industry structure, the technologies developed for automotive lighting and related roadmaps...
"OLED technology represents a big opportunity for interior and exterior lighting but this technology need to be more affordable and reliable", explains Pars Mukish, Business Manager, LED, OLED and sapphire activities at Yole. "At the middle term, we expect OLED technology to start spreading across various interior lighting functions and accessing some new exterior lighting functions"...
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