Organic Electronics Market Growth PredictedApril 11, 2012
Transparency Market Research report anticipates this area of electronics will reach $44.8 billion in 2018.
ALBANY, New York /PRNewswire/ -- According to a new market report published by Transparency Market Research "Organic Electronics Market—Global Industry Analysis, Market Size, Share, Growth and Forecast 2012–2018," is expected to be worth $8.2 billion in 2012 and is further expected to reach $44.8 billion in 2018, growing at a CAGR of 32.6% from 2012 to 2018. The displays segment is expected to be the largest application market at $16.7 billion in 2012. In the overall global market, the Asia Pacific region is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 50% of global organic electronics market revenue share in 2018 followed by Europe.
Browse the detailed TOC.
Organic electronics (OE) is one of the most disruptive technologies for electronic circuits and display technologies, and is set to demonstrate high growth over next few years. The technology is expected to have high penetration initially into low-end products, such as display backlights in handheld devices and will gradually move up to the ladder with maturity and improved performance. Although the technology is complementary to conventional silicon electronics, the ability to produce flexible circuits will allow the organic electronics to rapidly penetrate into applications such as flexible displays or e-paper, intelligent textiles, bio-sensors, RFID labels, and intelligent packaging among many others.
Continuously expanding end-use segment beyond OLEDs display, OLED lighting, and organic photovoltaics (OPV) has helped the organic electronic market to grow robustly. The high-speed performance, low power consumption, and sharper display functionalities of OLED is triggering its faster deployment into displays application. On the contrary, logic, memory, and RFID labels are gradually becoming segments of focus for OE manufactures because of high usability and numerous advantages for these application segments.
The OE market is expected to be worth $8235 million in 2012 and will further attain market size of $44,795 million in 2018. Logics and memory, OLED displays, OPV, OLED lighting, and ORFID will support growth through 2018. Most of the organic electronics applications will be newly created rather than replacement for other electronics, which is one of the reasons for the high growth of the market.
For this research study, displays market has been divided into three subsegments, OLED displays, electrophoretic, and other displays. The OLED displays segment is the largest segment and is expected to reach $10,450 million in 2018. The electrophoretic is expected to reach $3950 million in 2018, yielding a CAGR of 58.4% from 2012 to 2018.
Organic electronics market players are now enjoying benefits from their years old research as the trend is moving toward green technology and have gathered interest from the end-user segment. Future applications such as printed batteries, electronic memory chips, and organic sensors are already showing positive outlook. BASF Future Organization GmBH, Ciba Specialty Chemicals Holding Inc., Corning Inc., Eastman Kodak Firm, Merck KGaA, OSRAM GmbH, Samsung SDI Co., TDK Corp., and Tohoku Pioneer Corp. are among the leading players of the organic electronics market. Other major players in the OE market include AGC Seimi Chemical Co. Ltd., Aixtron AG, Cambridge Display Technologies Ltd., E Ink Corp., eMagin Corp., H.C. Starck GmbH, Poly-Optical Products Inc., Plastic Logic, Seiko Epson Corp., and Univision Technology Inc.
The report is an effort to identify factors that will be the driving force behind the organic electronics market and sub-markets in the next six years. The report provides extensive analysis of the organic electronics industry, current market trends, industry drivers, and challenges for better understanding of the organic electronics market structure. The report has segregated the organic electronics industry in terms of application and geography. The study presents a comprehensive assessment of the stakeholder strategies and winning imperatives for them by segmenting the global organic electronics market on the basis of:
- Display Market
- Organic Lighting Market
- Logic and memory
- Organic Radio Frequency identification tags (ORFID)
- Organic Sensors
- Organic photovoltaic
- Printed batteries market
- Asia Pacific
- Rest of the world
Browse all Semiconductor & Electronics Market Research Reports online.
Related & Recently Published Reports
- Baby Care Products Industry
- Nutraceuticals Product Market
- A2P SMS Market
- Tablet Market
- Feed Additives Industry
- Diabetes Market
- MDI Market
- MRI Market
- Weight Loss Industry
Upcoming Reports in Semiconductor & Electronics
- Electric Vehicles Market
- Building Insulation Market
- Smart Homes Market
- Fiber Optic Sensors Market
- Laser Systems, Materials And Components Market
- Smart Grid Market
- Image Sensors Market
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of analysts, researchers, and consultants, who use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
Most Read Articles