Organic Electronic Market

Organic Electronic Market by Materials (Substrate, Dielectric, Conductive, and Semiconductor), Applications (System Components, Organic Photovoltaic, OLED Lighting, Printed Batteries, Organic RFID Tags, and OLED Display), and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021–2028

  • Report ID: ICT-SE-482
  • Author: Growth Market Reports
  • Rating: 4.8
  • Total Reviews: 2
  • No. Of Pages: 194
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The global organic electronic market is projected to expand at a substantial CAGR during the forecast period, 2021 – 2028. The growth of the market is attributed to the increased functionality of organic electronics to overcome power consumption challenges and rising demand for consumer electronic products.
 

Organic Electronic Market Key Takeaways


Organic electronics are types of electronics adopted for high performance devices in applications such as display, photovoltaic, lighting, and smart integrated systems. The organic electronics market is a constantly evolving and significantly growing due to technological development and advancement in microelectronics research. It involves a process of applying organic molecules or polymers to improve the properties of electronic materials such as conductivity, flexibility, and durability.

Some key aspects for rising demand for organic electronics are because of its low-cost alternative and simple processing methods to the conventional electronic materials. The market witnesses a rapid introduction of technological advancement and to stay intact in the competitive market, manufacturers are producing high-tech products using organic materials such as dielectric, semiconductor, and other conductive materials.

Having advanced properties including high mechanical flexibility and electric conductivity, the organic electronic materials are widely used in the manufacturing of products such as portable solar cells, colored light source, smartphone displays, and curved HD TVs. It has a wide range of applications especially in the fields such as environmental health, biomedical research, and IT. For instance, biomedical applications such as neuron interfacing is developed using enhanced biocompatibility of organic materials. Moreover, transparent organic transistors can sense and stimulate electrical activities of cultured neurons that holds a core theme for neurophysiology.

Market Drivers, Restraints, Trends, and Opportunities

  • Rapid growth in the consumer electronics industry and increasing applications of organic electronics for production of various products are some of the major factors projected to drive the market growth.
  • Increasing demand for energy saving electronic materials and yet offering high conductivity solution considering the importance of sustainable development is expected to boost the market growth.
  • Increase in R&D activities and technological advancement to ensure innovative electronic items production are expected to create lucrative opportunities for the market expansion during the forecast period.
  • Lack of robustness such as less thermal stability, degradation of efficiency, and high cost of organic electronic materials are the key challenges that can restrain the market growth during the forecast period.
  • The COVID-19 pandemic has adversely affected the global organic electronics market. Manufacturing operations are temporarily suspended across major manufacturing hubs, which leads to substantial slowdown in the production.

Scope of the Report

The report on the global organic electronics market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Organic Electronics Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Materials (Substrate, Dielectric, Conductive, and Semiconductor) and Applications (System Components, Organic Photovoltaic, OLED Lighting, Printed Batteries, Organic RFID Tags, and OLED Display)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Merck, Novaled, Heliatek, Polyic, Bayer MaterialScience, Fujifilm Dimatix Inc., H.C. Starck, AGC Seimi Chemical Co. Ltd., Sumitomo, Polyic, Evonik, BASF SE and AU Optronics Corporation.

 

Global Organic Electronics Market Segment Insights

Semiconductor segment is expected to constitute a significant share
Based on materials, the market is segmented into substrate, dielectric, conductive, and semiconductor. The semiconductor segment is expected to constitute a significant market share during the forecast period. Organic semiconductors are non-metallic materials offering excellent semiconducting properties and several advantages such as mechanical flexibility and light weight. Moreover, these semiconductors are bio-degradable and, therefore, are more preferred owing to the rising awareness about sustainable development. This is anticipated to boost the segment growth during the forecast period. On the other hand, the dielectric segment is projected to register at an impressive CAGR during the forecast period. The dielectric material are widely applied for applications in various fields such as consumer electronic, digital signage, automotive, medical and security.

OLED display segment projected to represent a considerable market share
On the basis of applications, the market is divided into system components, Organic Photovoltaic (OPV), OLED lighting, printed batteries, organic RFID tags, and OLED display. The OLED display segment is projected to represent a considerable market share during the forecast period. The rapid advancement in OLED display technology and wide application of the organic materials for the display is a key factor driving the segment growth. The organic-OLED is the advanced display technology, which is extensively used in mobile phones, laptops, televisions, and other display panel electronic devices. The OLED display offers enhanced image quality in terms of better contrast, brightness, full viewing angle, and lower power consumptions. On the other hand, the OPV segment is expected to exhibit a substantial CAGR during the forecast period. Increasing adoption of OPV technique owing to reduced cost of dye-sensitized solar cells (DSSC) is projected to spur the segment growth.

Asia pacific market projected to account for a large market share
In terms of region, the market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. The market in Asia Pacific is projected to account for a large market share during the forecast period owing to the presence of major manufacturing hubs and rapid growth of the electronics industry in this region. Additionally, growing consumer awareness regarding the use of eco-friendly products and rising concerns for less energy consumption products is propelling the regional market growth.
 

Organic Electronic Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Organic Electronic Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Organic Electronic Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Organic Electronic Market - Supply Chain
  4.5. Global Organic Electronic Market Forecast
     4.5.1. Organic Electronic Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Organic Electronic Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Organic Electronic Market Absolute $ Opportunity
5. Global Organic Electronic Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Organic Electronic Market Size and Volume Forecast by Applications
     5.3.1. System Components
     5.3.2. Organic Photovoltaic (OPV)
     5.3.3. OLED Lighting
     5.3.4. Printed Batteries
     5.3.5. Organic RFID Tags
     5.3.6. OLED Display
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Organic Electronic Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Organic Electronic Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Organic Electronic Demand Share Forecast, 2019-2026
7. North America Organic Electronic Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Organic Electronic Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Organic Electronic Market Size and Volume Forecast by Applications
     7.4.1. System Components
     7.4.2. Organic Photovoltaic (OPV)
     7.4.3. OLED Lighting
     7.4.4. Printed Batteries
     7.4.5. Organic RFID Tags
     7.4.6. OLED Display
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Organic Electronic Demand Share Forecast, 2019-2026
8. Latin America Organic Electronic Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Organic Electronic Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Organic Electronic Market Size and Volume Forecast by Applications
     8.4.1. System Components
     8.4.2. Organic Photovoltaic (OPV)
     8.4.3. OLED Lighting
     8.4.4. Printed Batteries
     8.4.5. Organic RFID Tags
     8.4.6. OLED Display
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Organic Electronic Demand Share Forecast, 2019-2026
9. Europe Organic Electronic Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Organic Electronic Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Organic Electronic Market Size and Volume Forecast by Applications
     9.4.1. System Components
     9.4.2. Organic Photovoltaic (OPV)
     9.4.3. OLED Lighting
     9.4.4. Printed Batteries
     9.4.5. Organic RFID Tags
     9.4.6. OLED Display
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Organic Electronic Demand Share Forecast, 2019-2026
10. Asia Pacific Organic Electronic Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Organic Electronic Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Organic Electronic Market Size and Volume Forecast by Applications
     10.4.1. System Components
     10.4.2. Organic Photovoltaic (OPV)
     10.4.3. OLED Lighting
     10.4.4. Printed Batteries
     10.4.5. Organic RFID Tags
     10.4.6. OLED Display
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Organic Electronic Demand Share Forecast, 2019-2026
11. Middle East & Africa Organic Electronic Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Organic Electronic Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Organic Electronic Market Size and Volume Forecast by Applications
     11.4.1. System Components
     11.4.2. Organic Photovoltaic (OPV)
     11.4.3. OLED Lighting
     11.4.4. Printed Batteries
     11.4.5. Organic RFID Tags
     11.4.6. OLED Display
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Organic Electronic Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Organic Electronic Market: Market Share Analysis
  12.2. Organic Electronic Distributors and Customers
  12.3. Organic Electronic Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Merck
     12.4.2. Novaled
     12.4.3. Heliatek
     12.4.4. Polyic
     12.4.5. Bayer MaterialScience
     12.4.6. Fujifilm Dimatix Inc.
     12.4.7. H.C. Starck
     12.4.8. AGC Seimi Chemical Co. Ltd.
     12.4.9. Sumitomo
     12.4.10. Polyic
     12.4.11. Evonik

Segments Covered in the Report
The global organic electronics market has been segmented on the basis of

Materials

  • Substrate
  • Dielectric
  • Conductive
  • Semiconductor

Applications

  • System Components
  • Organic Photovoltaic (OPV)
  • OLED Lighting
  • Printed Batteries
  • Organic RFID Tags
  • OLED Display

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Some of the key players in the global organic electronics market are Merck, Novaled, Heliatek, Polyic, Bayer MaterialScience, Fujifilm Dimatix Inc., H.C. Starck, AGC Seimi Chemical Co. Ltd., Sumitomo, Polyic, Evonik, BASF SE, and AU Optronics Corporation.

Industry players are adopting various business strategies such as product innovation, partnerships, and collaboration. Wide adoption of technological and scientific development by original equipment manufacturers and technical solution providers in the production of electronic items are boosting the growth of organic electronics market.
 

Organic Electronic Market By Key Players

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