Organic Electronics Market Revenue, Trends, Market Share Analysis, and Forecast

1. Organic Electronics Market Size Worth USD 178.25 Billion in 2028 www.emergenresearch.com Growing demand for consumer electronic products and increasing focus on integrating advanced functionalities at reduced cost are key factors driving market revenue growth

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3. Market Summary 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. Read More : https://www.emergenresearch.com/industry-report/organic-electronics-market www.emergenresearch.com

4. Market Summary 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 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 Free Sample @ https://www.emergenresearch.com/request-sample/670 www.emergenresearch.com

5. Market Summary 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 Request customization @ https://www.emergenresearch.com/request-for-customization/670

6. MARKETSEGMENTATION www.emergenresearch.com

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