This Global Organic Electronics market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Global Organic Electronics market.
Organic electronics is a branch of electronics that deals with design, formulation and application of organic materials that possess electrical properties. The organic materials used are basically organic compoundsthat exhibit considerable electrical properties like conductivity.These materials are made up of tiny molecules or carbon-based polymers, hence also called polymer electronics or plastic electronics. Organic electronics offer the benefit of low-cost manufacturing as compared to conventional inorganic electronics. Organic electronics is environment-friendly and offers better resource utilization.
The different types of materials used in the manufacture of organic electronics include polymers, nanotubes, graphenes, carbon-based molecular structures, and hybrid materials. A commonly known application of organic materials is organic light-emitting diode (OLED), which is widely used in smartphones. Organic solar cells, television displays, and transistors are the other applications of organic electronics.Out of all these segments, organic displays contributethe highest revenue for the organic electronics market. Advantages of organic electronics are - they can be processed in room temperature unlike silicon, which requires temperatures above 1000°C. It can be produced in bulk and at low cost unlike the currently used expensive electronics. Organic electronic materials are flexible, brighter and consumes less power. On the other hand, its disadvantages include- water can damage it, high cost on research &development activity, low electrical conductivity and less life as compared to metallic conductors.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
The organic electronics market is segmented on the basis of material used, application and geography. On the basis of materials used,the market is classified into semiconductors, conductors, substrates and dielectric materials. On the basis of applications,the market is categorised into displays, organic sensors, organic radio frequency identification tags (ORFIDs), photovoltaic systems, batteries, system components and smart applications. On the basis of geography, the market is divided into North America, Latin America, Asia-Pacific, Japan, Western Europe, Eastern Europe and Middle East & Africa.
At present, some of the innovative applications of organic electronics include - displays, lighting, photovoltaic and other smart electronic systems. Constant research &development activities are leading to the development of biomedical implants and other biodegradable RFID tags. Other areas of exploration include possible application in memory devices, detectors, micro lenses, batteries, photoconductors, optical fibres and consumer packaging. Ongoing developments in the consumer electronics segment, especially smartphones, offer promising growth in terms of adoption of organic electronics. Technological advancements concerning organic photovoltaics, transistor technology and organic display technology, and developments in organic polymer materials are expected to drive market growth.
Some of the market players are Asahi Kasei Corporation, BASF SE, Bayer MaterialScience AG, Evonik Industries, DuPont, Henkel AG & Company, Optomec, ITRI, Samsung Display and Sony Corporation.The key strategies adopted by these players are product innovation and product differentiation. Organic electronics is an emerging market, hence most companies are focusing on sharing their expertise through partnership and collaboration. Scientific and technological developments by OEMs (original equipment manufacturers) and pure technology solution providers will help the organic electronics market to sustain and grow.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. It provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry validated market data and projections with suitable set of assumptions and methodology. It provides analysis and information by categories such as material used, application and geography. The report covers an exhaustive analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved
- Value Chain
Regional analysis includes
- North America
- Latin America
- Western Europe
- Eastern Europe
- Middle East & Africa
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint