GE has been working on a prototype OLED (organic light emitting diode) "light source" technology. OLED is currently "gaining momentum" for things such as "cell phones, portable media players and even some computer monitors". However, OLED can also be used to "generate a meaningful source of illumination."
"GE is now working on ways to drive the production cost of OLED technology down to a point where it could become a practical substitute for other sources of illumination. Since OLED technologies are flexible and can be engineered to change colors, there is potential for all sorts of unique lighting and display applications."
Implications - Today's eco-conscious consumer is constantly on the lookout for new ways to infuse daily life with environmental concerns.
Why This Trend Is Growing
- OLED Lighting
- The development of OLED technology for lighting and display applications, through flexible and customizable illumination.
- Sustainable Lighting
- The increasing demand for eco-friendly light sources in response to the growing concern for environmental issues.
- Cost-efficient Lighting
- The need for attainable pricing in OLED technology to compete with traditional lighting sources.
Industries Being Reshaped
- Lighting Industry
- Opportunity for the lighting industry to integrate OLED technology into their product lines by offering sustainable and customizable lighting solutions.
- Consumer Electronics Industry
- Incorporating OLED technology into portable electronic devices and smart home systems as an environmentally-friendly and premium feature.
- Architecture and Design Industry
- Potential for using OLED lighting as a flexible and customizable design element in commercial, residential, and public spaces.
