• An organic photodiode is a semiconductor component that converts light into an electrical current that means, it uses the organic semiconductor to absorb incident light and convert it to electric current.
  • Organic photodiodes are lightweight, thin, and flexible and have widespread applications in a number of areas including smart displays, electronic circuits, and sensors.
  • Based on product type, organic photodiodes are divided into liquid crystal display, light emitting diode, electronic paper display, and AMOLED. Organic photodiodes are used in consumer electronics, automotive, aerospace & defense, industrial, telecommunication, healthcare, and other sectors.

Rise in Demand in Consumer Electronics

  • The consumer electronics segment is the fastest growing segment of the global organic photodiodes market.
  • The increase in acceptance of computers, televisions, smartphones, laptops, wearable devices, and video systems globally along with the large scale acceptance of organic photodiodes in consumer electronic goods is likely to propel the growth of the global organic photodiodes market during the forecast period.
  • Moreover, growing inventions in smartphone display panels, increasing use of liquid crystal diode and light emitting diode, and rising use of electronic paper display and AMOLED also propels the growth of the global organic photodiodes market.
  • The healthcare segment is expected to expand at a substantial rate during the forecast period due to the rising adoption of wearable technologies for remote health monitoring and self-health tracking. This also boosts the global organic photodiodes market.
  • Technical issues associated with organic photodiodes and economic slowdown due to COVID-19 are major restraints of the global organic photodiodes market. However, new research and development activities provide opportunities for the market.

For Right Perspective & Competitive Insights on Organic Photodiodes Market, Request for a Sample

Asia Pacific to Lead the Organic Photodiodes Market

  • In terms of region, the global organic photodiodes market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
  • Asia Pacific is expected to witness the fastest growth in the global organic photodiodes market throughout the forecast period, due to increase in demand from healthcare, and automotive end-use industries in the region.
  • Asia Pacific has the largest consumer base for organic photodiodes owing to a rising industrial base and consumer electronics industry in developing nations such as China, Japan, South Korea, Taiwan, and India in the region.
  • Additionally, demand for consumer goods such as televisions, monitors, smartphones, and laptops with displays is growing in Asia Pacific, which propels the growth of the organic photodiodes market.
  • North America is ranked second in terms of growth in the organic photodiodes market due to a large number of manufactures present in the region.
  • The organic photodiodes market in Europe is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa, and South America is estimated to expand at a moderate pace during the forecast period.

Key Players Operating in the Global Organic Photodiodes Market

The global organic photodiodes market was highly fragmented in 2019. Major players operating in the market are focusing on technological advancements and expansion to meet the rising demand for organic photodiodes. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative products.

Key players operating in the global organic photodiodes market include:

  • Vishay Intertechnology, Inc.
  • OSRAM Opto Semiconductors
  • Rohm Semiconductor
  • Sharp Microelectronics
  • Broadcom Inc.
  • Infineon Technologies AG
  • Opto Diode Corporation
  • ON Semiconductor
  • STMicroelectronics
  • Panasonic Corporation

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Global Organic Photodiodes Market: Research Scope

Global Organic Photodiodes Market, by Product Type

  • Liquid Crystal Display
  • Light Emitting Diode
  • Electronic Paper Display
  • AMOLED

Global Organic Photodiodes Market, by Application

  • Consumer Electronics
  • Automotive
  • Aerospace & Defense
  • Industrial
  • Telecommunication
  • Healthcare
  • Others

Global Organic Photodiodes Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Mexico
    • Rest of South America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Read Our Latest Press Release:

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

Contact

Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453

Email: [email protected]

Website: https://www.transparencymarketresearch.com