About Organic Electronics
Organic electronics is a branch of modern electronics, and it deals with organic materials, such as polymers or small molecules. The materials used in this kind of technology are carbon-based, which is the same as the molecules of living things. The Internet of Things (IoT) is a driving force behind the growth of organic electronics. These materials enable the development of energy-efficient, low-cost sensors and devices that are crucial for IoT applications. The future of organic electronics looks promising. With continuous advancements in technology, increasing investment, and a growing demand for flexible and lightweight devices, the market is expected to experience significant growth in the coming years.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 25.75% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market shortly. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Organic Electronics market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Merck KGaA (Germany), Asahi Kasei Corporation (Japan), BASF SE (Germany), Evonik Industries (Germany), Fijifilm Dimatix (United States), AUO Corporation (Taiwan), Sony Corporation (Japan), Sumitomo Chemical Co. Ltd (Japan), Universal Display Corporation (United States) and Covestro (Germany) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are LG Display Co. Ltd. (South Korea), Samsung (South Korea), Konica Minolta Inc. (Japan), Novaled GmbH (Germany) and Panasonic Corporation (Japan).
Segmentation Overview
AMA Research has segmented the market of Global Organic Electronics market by , Application (Display, System Components (Organic Transistors, Organic Sensors, Others), Lighting, Solar Cells and Others) and Region.
On the basis of geography, the market of Organic Electronics has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Semiconductors will boost the Organic Electronics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Consumer Electronics will boost the Organic Electronics market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increased the Demand for Organic Electronics in Healthcare and Automotive, such as Biosensors, Drug Delivery Systems
Market Growth Drivers:
Increasing Demand for Flexible and Lightweight Electronics and Growing Adoption of OLED Displays
Challenges:
Limited Stability and Durability
Restraints:
High Production Costs and Scaling up Production Processes
Opportunities:
Developing New Applications in the Consumer Electronic Industry and Development in Flexible and Wearable Electronics
Market Leaders and their expansionary development strategies
In December 2022, AUO Display Technology partnered with Renovation Pictures, a Hollywood-based visual effects company, to crate a new production solution. The solution combines AUO high quality display technology with renovation pictures expertise in visual effects to create a more immersive and realistic view experience.
In March 2023, Panasonic launched its image sensor built by CMOS technology and with organic photoconductive film (OPF) laminated on pixel circuits to achieve excellent color reproductivity under any light source irradiation.
Key Target Audience
Organic Electronics Manufacturer, Suppliers & Distributors, New Entrance, Potential Investors, Research Centers, Customers, Market Research & Consultancy Firm and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.