According to the latest report by IMARC Group, “Global Organic Electronics Market Size, Share, Growth, Industry Trends, Opportunity and Forecast 2022-2027“, the global organic electronics market reached a value of US$ XX Billion in 2021. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2022-2027.
Organic electronics represents the subset of modern materials science that deals with the synthesis, design, formulation, characterization, and functions of organic molecules for engineering several electronic components and circuits. It is generally fabricated from carbon-based nanotubes, molecular structures, polymers, hybrid materials, etc. Organic electronics offers higher thermal stability, optimal performance, reliability, flexibility, etc., when compared with inorganic semiconductors. Consequently, it is extensively utilized in numerous applications, including lighting, displays, solar panels, conductive inks, photovoltaic cells, etc.
|Base Year: 2021|
|Forecast Year: 2022-2027|
Organic Electronics Market Trends and Drivers:
The inflating demand among consumers for advanced functionalities at reduced expenditures is primarily driving the organic electronics market. Additionally, the increasing adoption of eco-friendly, high-performance, and efficient semiconductors across the manufacturing, automotive, security, and consumer electronic sectors is further catalyzing the market growth.
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Besides this, the rising utilization of organic bioelectronics as a conductive polymer tool in biomedical devices is acting as another significant growth-inducing factor. Moreover, the growing environmental concerns and the elevating awareness among manufacturers towards various associated advantages of organic electronics, such as biodegradability, cost-effectiveness, lightness in weight, etc., are also positively influencing the global market.
Apart from this, the introduction of organic light-emitting diodes (OLEDs) and active-matrix light-emitting diodes (AMOLED) as the display technology for providing enhanced image quality, higher brightness, wider color range, and instant refresh rates is anticipated to fuel the organic electronics market over the forecasted period.
Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Organic Electronics Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AGC Inc., BASF SE, Covestro AG, DuPont de Nemours Inc., FUJIFILM Corporation, Heliatek GmbH, Merck KGaA, Novaled GmbH (Samsung SDI Co. Ltd.), PolyIC GmbH & Co. KG (LEONHARD KURZ Stiftung & Co. KG), Sony Corporation and Universal Display Corporation.
The report has segmented the market on the basis of region, component, material and application.
Breakup by Component:
Breakup by Material:
- Dielectric and Substrate
Breakup by Application:
- Conductive Ink
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
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Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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