OLED Lighting Panels Market –By Technology (Flexible OLEDs and Rigid OLEDs), By Color Temperature (Warm White, Neutral White, Cool White, Custom), By Application (General Lighting, Automotive Lighting, Architectural Lighting, Display and Signage, Healthcare and Biotech), By Features (Smart, Non-Smart), By End-Use (Residential, Commercial, Industrial, Automotive, Healthcare, Entertainment and Hospitality, Others), & Industry Forecast, 2024-2030

Report Code: ESR 0879 Report Format: PDF + Excel
OLED Lighting Panels Market Overview:

OLED Lighting Panels Market size is estimated to reach $1.2 Billion by 2030, growing at a CAGR of 28% over the forecast period 2024-2030. The OLED lighting panels market has experienced significant growth in recent years, driven by increased adoption in various applications, including general lighting, automotive, and displays.

The OLED (Organic Light Emitting Diode) lighting panels market is a dynamic and evolving sector within the broader lighting industry. OLED technology offers several advantages, including energy efficiency, design flexibility, and high-quality lighting, making it an attractive option for various applications. OLED lighting panels are known for their high energy efficiency and low heat emission, making them an environmentally friendly and cost-effective lighting solution. As technology advances and consumer and industry demand for energy-efficient and aesthetically pleasing lighting solutions continues to rise, OLED technology is well-positioned to play a significant role in the future of lighting across various sectors.  

OLED Lighting Panels Market - Report Coverage:

The “OLED Lighting Panels Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the OLED Lighting Panels Market.



By Technology

  • Flexible OLEDs

  • Rigid OLEDs

By Color Temperature

  • Warm White (2700 K - 3500 K)

  • Neutral White (3500 K - 4500 K)

  • Cool White (4500 K - 6500 K)

  • Custom

By Application

  • General Lighting

  • Automotive Lighting

  • Architectural Lighting

  • Display and Signage

  • Healthcare and Biotech

By Features

  • Smart

  • Non-Smart

By End-Use

  • Residential

  • Commercial

  • Industrial

  • Automotive

  • Healthcare

  • Entertainment and Hospitality

  • Others

COVID-19 / Ukraine Crisis - Impact Analysis:  

The pandemic disrupted supply chains globally, causing delays in the production and delivery of OLED lighting components, including OLED materials, substrates, and electronics. The shift to remote work and home office setups increased the demand for residential lighting solutions, including OLED panels. Consumers sought more comfortable and productive lighting environments. The pandemic accelerated digital transformation efforts in various sectors. OLED lighting panel manufacturers invested in smart lighting solutions, capitalizing on the increased interest in automation and control.

The Ukraine crisis, particularly the conflict in eastern Ukraine, disrupted the supply of critical materials used in OLED production. Ukraine is a significant global source of neon, a rare gas used in OLED manufacturing. The Ukraine crisis has underscored the importance of energy independence and sustainability in many regions. As a result, there has been an increased emphasis on energy-efficient OLED lighting solutions. To mitigate geopolitical risks, OLED lighting panel manufacturers have explored diversification strategies, such as sourcing critical materials from alternative suppliers or expanding into new markets.

Key Takeaways:

North American Region Dominates the OLED Lighting Panel Market
North America is the largest region in the OLED Lighting Panel Market, accounting for 37% of global revenue in 2023. The surge in demand for OLED lighting panels in North America is intricately tied to the region's growing emphasis on energy-efficient lighting solutions, driven primarily by the commercial sector. OLED technology, renowned for its superior energy efficiency, plays a pivotal role in meeting these demands. Unlike traditional lighting, OLED panels operate at lower temperatures, minimizing energy waste through heat dissipation.
Additionally, their thin and flexible design not only enhances aesthetics but also facilitates seamless integration into architectural elements. This blend of energy efficiency and design versatility positions OLED lighting panels as a transformative solution, aligning perfectly with North America's evolving sustainability priorities.

Flexible OLEDs Registers the Fastest Growth
Flexible OLED panels offer unique design possibilities due to their bendable and shape-conforming nature. This innovation has driven interest in applications such as curved displays and creative lighting designs. The ability to create curved and rollable lighting solutions makes flexible OLEDs suitable for various applications, including automotive lighting, wearable technology, and architectural lighting. Flexible OLEDs have gained traction in the consumer electronics market, particularly in smartphones and wearable devices, due to their thin, lightweight, and energy-efficient characteristics. 

Commercial is the Largest End-Use Segment  
Commercial settings often include public spaces such as lobbies and corridors. OLED lighting panels can offer a visually striking and energy-efficient solution for these areas. Commercial spaces, especially office environments, require high-quality lighting that can enhance productivity and create a comfortable working atmosphere. OLED lighting panels are known for their exceptional color quality and flicker-free illumination, which makes them attractive for office settings. The ability of OLED panels to provide high color rendering and uniform lighting makes them well-suited for art galleries and museums, where preserving the true colors of artworks is essential.

Demand for Energy Efficient Solutions
Energy efficiency is a significant driver of the OLED lighting panels market. Consumers and businesses increasingly prioritize energy-efficient lighting solutions to reduce electricity costs and lower their carbon footprint. OLED lighting panels are known for their energy efficiency. They emit less heat and consume less power than traditional lighting sources, making them an attractive choice for environmentally conscious consumers and businesses. This has led to increased adoption in residential and commercial spaces, contributing to market growth. 

High Cost in Comparison to Traditional Lighting Solutions
The relatively high cost of OLED lighting panels compared to traditional lighting sources is a notable challenge, particularly in price-sensitive markets. High costs have deterred widespread adoption, especially in price-sensitive segments. OLED panel manufacturers have been working to reduce production costs to address this challenge and make OLED lighting more accessible to a broader consumer base.

Limited Lifespan and Less Durability
OLED lighting panels have a limited lifespan compared to some other lighting technologies, which may result in more frequent replacements. The limited lifespan has led to concerns about maintenance and replacement costs for businesses and consumers. Manufacturers have been investing in research and development to enhance OLED panel longevity and durability. Manufacturers need to address these durability issues through rigorous testing, material advancements, and warranty assurances to build trust among consumers and overcome this challenge. 

                                                         OLED Lighting Panel Market Share (%) By Region, 2023

Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the OLED Lighting Panels Market. The top 10 companies in this industry are listed below:
1. OLED Works
2. LG Display
3. Acuity Brands
4. Konica Minolta
6. Lumiotec
7. Toshiba Group
8. Panasonic
9. Kaneka Corporation
10. Astron FIAMM

Scope of Report: 

Report Metric


Base Year Considered


Forecast Period




Market Size in 2030

$1.2 Billion

Segments Covered

Technology, Color Temperature, Application, Features, End-Use

Key Market Players

  1. OLED Works

  2. LG Display

  3. Acuity Brands

  4. Konica Minolta

  5. OSRAM

  6. Lumiotec

  7. Toshiba Group

  8. Panasonic

  9. Kaneka Corporation

  10. Astron FIAMM

1. OLED Lighting Panels Market - Overview
        1.1. Definitions and Scope
2. OLED Lighting Panels Market - Executive Summary
3. OLED Lighting Panels Market - Comparative Analysis
        3.1. Company Benchmarking - Key Companies
        3.2. Global Financial Analysis - Key Companies
        3.3. Market Share Analysis - Key Companies
        3.4. Patent Analysis
        3.5. Pricing Analysis
4. OLED Lighting Panels Market - Start-up Companies Scenario (Premium)
        4.1. Key Start-up Company Analysis by
                4.1.2. Revenue
                4.1.1. Investment
                4.1.3. Venture Capital and Funding Scenario
5. OLED Lighting Panels Market – Market Entry Scenario Premium (Premium)
        5.1. Regulatory Framework Overview
        5.2. New Business and Ease of Doing Business Index
        5.3. Case Studies of Successful Ventures
6. OLED Lighting Panels Market - Forces
        6.1. Market Drivers
        6.2. Market Constraints
        6.3. Market Challenges
        6.4. Porter's Five Force Model
                6.4.1. Bargaining Power of Suppliers
                6.4.2. Bargaining Powers of Customers
                6.4.3. Threat of New Entrants
                6.4.4. Rivalry Among Existing Players
                6.4.5. Threat of Substitutes
7. OLED Lighting Panels Market – Strategic Analysis
        7.1. Value Chain Analysis
        7.2. Opportunities Analysis
        7.3. Market Life Cycle
8. OLED Lighting Panels Market – By Technology (Market Size – $Million/$Billion) 
        8.1. Flexible OLEDs
        8.2. Rigid OLEDs
9. OLED Lighting Panels Market – by Color Temperature (Market Size – $Million/$Billion) 
        9.1. Warm White
        9.2. Neutral White
        9.3. Cool White
        9.4. Custom
10. OLED Lighting Panels Market – by Application (Market Size – $Million/$Billion) 
        10.1. General Lighting
        10.2. Automotive Lighting
        10.3. Architectural Lighting
        10.4. Display and Signage
        10.5. Healthcare and Biotech
11. OLED Lighting Panels Market – by Features (Market Size – $Million/$Billion)
        11.1. Smart
        11.2. Non-Smart
12. OLED Lighting Panels Market – by End-Use (Market Size – $Million/$Billion)
        12.1. Residential
        12.2. Commercial
        12.3. Industrial
        12.4. Automotive
        12.5. Healthcare
        12.6. Entertainment and Hospitality
        12.7. Others
13. OLED Lighting Panels Market – by Geography (Market Size – $Million/$Billion) 
        13.1. North America
                13.1.1. The U.S.
                13.1.2. Canada
                13.1.3. Mexico
        13.2. Europe
                13.2.1. UK
                13.2.2. Germany
                13.2.3. France
                13.2.4. Italy
                13.2.5. Spain
                13.2.6. Russia
                13.2.7. Rest of Europe
        13.3. Asia-Pacific
                13.3.1. China
                13.3.2. India
                13.3.3. Japan
                13.3.4. South Korea
                13.3.5. Australia & New Zealand
                13.3.6. Rest of Asia-Pacific
        13.4. South America
                13.4.1. Brazil
                13.4.2. Argentina
                13.4.3. Chile
                13.4.4. Colombia
                13.4.5. Rest of South America
        13.5. Rest of the World
                13.5.1. Africa
                13.5.2. Middle East
14. OLED Lighting Panels Market – Entropy
15. OLED Lighting Panels Market – Industry/Segment Competition Landscape Premium 
        15.1. Market Share Analysis
                15.1.1. Market Share by Product Type – Key Companies
                15.1.2. Market Share by Region – Key Companies
                15.1.3. Market Share by Country – Key Companies
        15.2. Competition Matrix
        15.3. Best Practices for Companies
16. OLED Lighting Panels Market – Key Company List by Country Premium Premium 
17. OLED Lighting Panels Market - Company Analysis
        17.1. OLED Works
        17.2. LG Display
        17.3. Acuity Brands
        17.4. Konica Minolta
        17.5. OSRAM
        17.6. Lumiotec
        17.7. Toshiba Group
        17.8. Panasonic
        17.9. Kaneka Corporation
        17.10. Astron FIAMM

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The OLED Lighting Panels Market is projected to grow at 28% CAGR over the forecast period 2024-2030.

Global OLED Lighting Panels Market size is estimated to reach $1.2 Billion by 2030.

The leading players in the OLED Lighting Panels Market are OLED Works, LG Display, Acuity Brands, Konica Minolta, and others.

Health and Wellness Lighting, Human Centric Design, and Sustainability and Environmental Concerns are some of the major OLED Lighting Panels Market trends in the industry which will create growth opportunities for the market during the forecast period.

Energy Efficiency and Design Flexibility, and Smart Lighting Integration are the driving factors of the market.