The global organic electronics market size is expected to reach USD 178.25 Billion at a steady CAGR of 15.4% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for consumer electronic products and increasing focus on integrating advanced functionalities at reduced cost. Organic electronics offer several more benefits as compared to electronic products based on inorganic materials such as silicon and gallium arsenide.
For example, organic semiconductors along with being lightweight and cost-effective, provide mechanical flexibility and possibility of chemical modifications. In addition, organic electronic materials consume less power. Additionally, a significant property of organic materials-based devices is that these can be produced at room temperature, which allows for integration of large-area electronic functions cost-effectively on flexible substrates.
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Some Key Highlights From the Report
- Organic electronic displays are made up of an organic film to generate light energy via phosphorescence instead of deploying backlight. Organic electronic displays devices such as OLEDs offer several benefits over LCDs such as highly reduced screen thickness, enhanced image quality with improved contrast, viewing angle, wider color gamut, increased brightness, and better refresh rates. Also, simpler design of OLEDs allows for foldable, flexible, and transparent displays.
- Organic electronics market in Asia Pacific accounted for fastest revenue CAGR in 2020 and the trend is expected to continue over the forecast period due to rapid growth of the consumer electronics industry and increasing disposable income. In addition, presence of leading manufacturers of organic electronics in countries in the region are causative of steady market growth.
- Key players in the market include Covestro AG, Novaled GmbH, Koninklijke Philips NV, Sumitomo Corporation, BASF SE, Siemens AG, LG Display Co. Ltd., Universal Display Corporation, Samsung Display Co. Ltd., and Evonik Industries.
Organic Electronics Market Segmentation:
Emergen Research has segmented the global organic electronics market on the basis of material type, application, and region:
- Material Type Outlook (Revenue, USD Billion; 2018–2028)
- Semiconductor
- Dielectric
- Conductor
- Substrate
- Application Outlook (Revenue, USD Billion; 2018–2028)
- Display
- Battery
- Lighting
- Conductive Ink
- Memory
- Organic Photovoltaics
- Sensor
- Organic RFID
- Others
Regional Bifurcation includes:
- North America(U.S., Canada)
- Europe(U.K., Italy, Germany, France, Rest of EU)
- AsiaPacific(India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America(Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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Key questions addressed:
- What are the estimated CAGR for the global Organic Electronics market and each segment in the global market?
- Which market segments and sub-segments have been covered in this report? Which of these segments is foreseen to exhibit the highest growth rate over the projected period? What are the most prominent industry aspects likely to impact the market values and shares of the regions viz., North America, Europe, Asia Pacific, Latin America, and Middle East &Asia? What do the SWOT analysis and Porter’s five forces entailed in the report signify with respect to the future position of the market?
- Which are the leading companies operating in the global Organic Electronics market? What are their strengths and weaknesses?
- What are the most common market expansion strategies applied by the key market competitors to reinforce their market positions?
Table of Content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Organic Electronics Market Segmentation & Impact Analysis
4.1. Organic Electronics Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers’ analysis
4.2.2.1. Growing demand for consumer electronics products
4.2.2.2. Increasing focus on sustainable technology developments
4.2.2.3. Increasing demand for high-quality flexible electronics
4.2.3. Market restraints analysis
4.2.3.1. Low conductivity of organic electronics materials
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 5. Organic Electronics Market By Material Type Insights & Trends, Revenue (USD Billion)
5.1. Material Type Dynamics & Market Share, 2024 & 2028
5.1.1. Semiconductor
5.1.2. Dielectric
5.1.3. Conductor
5.1.4. Substrate
READ MORE…!
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