The Global Organic Electronics Market size is expected to reach USD 178.25 Billion at a steady CAGR of 15.4% in 2028, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to rising demand for consumer electronic products and increasing focus on integrating advanced functionalities at reduced cost. Organic electronics offer several more benefits as compared to electronic products based on inorganic materials such as silicon and gallium arsenide. For example, organic semiconductors along with being lightweight and cost-effective, provide mechanical flexibility and possibility of chemical modifications. In addition, organic electronic materials consume less power. Additionally, a significant property of organic materials-based devices is that these can be produced at room temperature, which allows for integration of large-area electronic functions cost-effectively on flexible substrates.
Organic electronics is garnering significant traction in the medical industry, particularly in the treatment of blindness by insertion of retinal chip in patient’s eye. Organic retinal chips convert light rays entering the eye into electrical signals and transfer it to brain via the receptor cells. This technology has enabled patients with blindness to distinguish light and dark, object contours, and occasionally even facial expressions and alphabets.
Get a sample of the report @ https://www.emergenresearch.com/request-sample/670
Growing emphasis on technologies for renewable energy generation has fueled demand for organic electronic batteries owing to high-power density of electrodes, and fast charging and discharging benefits.
Some Key Highlights from the Report
- In July 2019, Sumitomo Chemical and Isorg, which a leading supplier of organic photodetector devices and large-area image sensors, made an announcement about entering into a collaborative agreement for developing organic photodetector devices for use in organic CMOS image sensors and fingerprint sensors in smartphones.
- Organic semiconductors find wide application in organic light-emitting diodes lighting and displays applications, thin film batteries, electronic paper, organic photovoltaics, supercapacitors, and sensors.
- Organic electronic displays are made up of an organic film to generate light energy via phosphorescence instead of deploying backlight. Organic electronic displays devices such as OLEDs offer several benefits over LCDs such as highly reduced screen thickness, enhanced image quality with improved contrast, viewing angle, wider color gamut, increased brightness, and better refresh rates. Also, simpler design of OLEDs allows for foldable, flexible, and transparent displays.
- Organic electronics market in Asia Pacific accounted for fastest revenue CAGR in 2020 and the trend is expected to continue over the forecast period due to rapid growth of the consumer electronics industry and increasing disposable income. In addition, presence of leading manufacturers of organic electronics in countries in the region are causative of steady market growth.
- Key players in the market include Covestro AG, Novaled GmbH, Koninklijke Philips NV, Sumitomo Corporation, BASF SE, Siemens AG, LG Display Co. Ltd., Universal Display Corporation, Samsung Display Co. Ltd., and Evonik Industries.
Request a discount on the report @ https://www.emergenresearch.com/request-discount/670
Emergen Research has segmented the global organic electronics market on the basis of material type, application, and region:
Material Type Outlook (Revenue, USD Billion; 2018–2028)
- Semiconductor
- Dielectric
- Conductor
- Substrate
Application Outlook (Revenue, USD Billion; 2018–2028)
- Display
- Battery
- Lighting
- Conductive Ink
- Memory
- Organic Photovoltaics
- Sensor
- Organic RFID
- Others
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/organic-electronics-market
Regional Outlook (Revenue, USD Billion; 2018–2028)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Sweden
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- UAE
- South Africa
- Israel
- Rest of MEA
Request customization of the report @ https://www.emergenresearch.com/request-for-customization/670
Key Objectives of the Report:
- Analysis and estimation of the Organic Electronics market size and share for the projected period of 2020-2028
- Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
- Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Organic Electronics market
- Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
- Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.
About Emergen Research
Emergen Research is a Marketresearch and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer Marketintelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.
Contact Us:
Eric Lee
Corporate Sales Specialist
Emergen Research | Web: www.emergenresearch.com
Direct Line: +1 (604) 757-9756
E-mail: [email protected]
Facebook | LinkedIn | Twitter | Blogs
Visit for More Insights: https://www.emergenresearch.com/insights
Explore Our Custom Intelligence services | Growth Consulting Services
Explore More Emergen Research Reports @
Healthcare Internet of Things (IoT) Security Market
Hematologic Malignancies Testing Market
Human Microbiome Modulators Market
In Silico Drug Discovery Market
Industrial Microbiology Market
Medical Device Testing Services Market
Nanopharmaceutical Drugs Market