The total organic
electronics market is
expected to reach $75.82 Billion by 2020, at a CAGR of 29.0%.
Organic electronics is an amalgamation of a
new class of organic materials, large-area, high-volume deposition and
patterning techniques. Organic electronics which also includes printed and flexible
electronics is new and at the early growth stage. There are increasing numbers
of applications available and some are in full production whereas many other
applications are still in research and development stage.
Browse 73
market data tables and 88 figures spread through 200 pages and in-depth TOC on
“Organic Electronics Market”
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The report
study published gives an eagle eye view on different applications, materials
used and geographical analysis of organic electronics market. The major
applications that are considered in this report are OLED display, OLED
lighting, organic photovoltaic, ORFID, sensor, battery, conductive ink and
smart applications among the others. OLED display being the highest market
sharing application is expected to grow at high rate, as many companies are
entering into large OLED display panel manufacturing. Besides, the smartphone
and tablet market growing at tremendous rate is also pushing up the demand for
new and advance OLED displays in the market. OLED lighting, a new class of
application is still considered as a risky business by many lighting companies
but it is expected that this application will account for highest growth rate
in the coming years, owing to huge advantages over its substitute products.
Coming to the geographical analysis of
organic electronics market, Asia-Pacific region accounts for the highest share
currently. This is because Asia-Pacific region is the home ground for major
organic materials providers and display manufacturers. This region also has the
highest demand for new technologies like organic and flexible electronics.
Europe is called the research and development house of organic electronics, as
major researches are going on in this region. In terms of demand, North
Americas ranks second in the market for organic electronics. The research study
also gives sub segmentation of regions by different countries. The major market
sharing countries analyzed in the report are U.S., China, Japan, Germany, U.K.,
Taiwan, South Korea and France among the others.
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The report profiles major players in organic
material suppliers and display manufacturers in organic electronics market,
which are AU Optronics Corporation(Taiwan), BASF SE (Germany), Bayer
MaterialScience AG (Germany), DuPont or E. I. du Pont de Nemours and Company
(U.S.), LG Display (South Korea), Merck KGaA(Germany), Novaled GmbH(Germany), Koninklijke
Philips N.V. (Philips) (The Netherlands), Samsung Display (South Korea), Sony
Corporation (Japan), Sumitomo Corporation (Japan) and Universal Display
Corporation (U.S).
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