Organic Electronics Market Scenario:
The Global Organic Electronics Market is expected to make its mark as one of the fastest growing markets worthing billions of dollars by 2027, registering a significant rate of CAGR during the forecast period 2019-2027 The major growth driver of Organic Electronics Market includes growing consumption of electronic goods, increasing investment of market players in organic electronic segment and rise in disposable income of consumers among others.
However, presence of competent technology and technical limitation are some of the major factors which are hindering the growth of Organic Electronics Market. The key drivers aiding the market growth include growing consumption of electronic goods, increasing investment by market players in the production of organic electronic items, and rise in disposable income of consumers. However, factors like the presence of competent technology and technical limitation can hinder the growth of organic electronics market.
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Organic Electronics Market Key Players:
The major key players in the global organic electronics market include Asahi Kasei Corporation (Japan), AU Optronics Corporation (Taiwan), BASF SE (Germany), Bayer Material Science AG (Germany), Evonik Industries (Germany), Fujifilm Dimatix (USA), Merck Kgaa (Germany), Novaled (Germany), Samsung Display (South Korea), and Sigma-Aldrich Corporation (USA).
Global Organic Electronics Market can be segmented as follows:
Segmentation by Materials: conductors, dielectric, luminescent, and electrochromic materials among others.
Segmentation by Components: active components (transistors, diodes, sensors) and passive components (traces, antenna, resistors, and capacitors) among others.
Segmentation by Application: photovoltaic cells, OLED lighting, displays, solar batteries and memory devices among others.
Latest Organic Electronics Industry News
- An R & D team with the backing of SmartLine has reported an efficiency of 7.4% for a Roll-to-Roll (R2R) printed polymer-based single junction Organic Photovoltaic (OPV) cell. The new result supports efforts for OPV panels mass production of up to 1.000.000 m2 annually, targeting various pilot demonstration projects in 2021. 19 SEP 2018
- With some chemical tweaks, a group of University of Oregon chemists has made progress in their efforts to harness organic molecules as a cheaper alternative to traditional silicon-based conductors in digital storage devices. 10 OCT 2018
- – AU Optronics Corporation has launched world’s first gaming monitor panel in June 2016. This has created new market opportunity in the games and entertainment sector.
- – Merck Kgaa has signed a supply agreement with Nanoco group in August 2016 for developing eco-friendly quantum materials in displays to meet the growing market demand.
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Organic Electronics Market –Regional Analysis
According to the report, the Europe market is also expected to grow during the forecast period. Due to the reasons same as the Americas, Western Europe is a bigger market than Eastern Europe. In Western Europe, the primary country-based markets are France, Germany, and the United Kingdom (UK), followed by the rest of Western Europe. The report also predicts growth for the Asia Pacific market as the industrialization of this region is increasing. And the high density of population in countries like China and India present a readymade market for many products and services. Other important country-based markets in this region are Japan, and South Korea, followed by the rest of the Asia Pacific region.
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