Organic Electronics Market (Material - Semiconductor, Conductive, Dielectric, and Substrate; Application - Battery, Conductive Ink, Display, Lighting, Logic/Memory, Sensor, OPV, ORFID, and Others): Global Industry Analysis, Trends, Size, Share and Forecasts to 2026

A recent report published by Infinium Global Research on organic electronics market provides an in-depth analysis of segments and sub-segments in the global as well as regional organic electronics market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional organic electronics market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast, and dollar values of the global organic electronics market. According to the report, the global organic electronics market is projected to grow at a CAGR of 28.4% over the forecast period of 2020-2026.

Market Insight

Organic electronics are a novel class of electronics, beneficial for high-performance devices in major application areas such as displays, lighting, photovoltaic, and integrated smart systems. These materials are composed of carbon-based polymers hence recognized as polymer electronics or plastic electronics. As compared to inorganic electronics, organic electronics offers the assistance of low-cost manufacturing. It offers better resource utilization and environment-friendly nature. Several kinds of materials are used in the manufacturing of organic electronics for instance carbon-based molecular structures, polymers, hybrid materials, nanotubes, and graphenes. The most general application of organic materials is an organic light-emitting diode (OLED) which is mostly used in smartphones. Organic electronics are managed at room temperature and can be created in bulk at a low cost.

Organic electronics are used in numerous applications such as photovoltaic, OLED lighting, ORFID, and others. It helps in reducing power consumption, cost, and weight of electronic goods consequently pouring the global organic electronics market. Millions of tablets, TV sets, smartphones, and PCs are being exported internationally thus nurturing the organic electronics market growth. Likewise, the demand for other organic electronic goods may heighten in sectors such as government, healthcare, and others. On the other hand, lack of robustness and non-compatibility with conventional electronic goods are factors that hamper the global market growth to some extent. The electronics devices market comprising consumer electronics and industrial electronics devices is anticipated to be impacted suggestively by the COVID-19 outbreak since China is one of the major suppliers for the raw materials (used to manufacture devices) along with the finished products. The industry is on the edge of facing a reduction in production, disruption in supply, and price variations. While this can massively encourage local manufacturers to step up and address the increasing demand, the shortage of raw material can still pose a challenge to this industry. The sales of prominent electronic vendors are anticipated to be affected in the near future.

Among the geographies, North America region is expected to hold the largest share in the global organic electronics market as countries such as the U.S. and Canada are the front-runners of the adoption of new technologies. The North America region is characterized by the presence of several research universities, which are involved in research projects with subjects associated with the technology. However, the Asia Pacific region would dominate the industry in terms of revenue by the end of the forecast period owing to the increasing adoption of organic electronics technology in consumer product applications. The Asia Pacific region is expected to be an emerging market, growing at the fastest CAGR on account of the flourishing electronic manufacturing sector.

Segment Covered

The report on the global organic electronics market covers segments such as material, and application. On the basis of material, the sub-markets include semiconductor, conductive, dielectric, and substrate. On the basis of application, the sub-markets include battery, conductive ink, display, lighting, logic/memory, sensor, OPV, ORFID, and others.

Companies Profiled:

The report provides profiles of the companies in the market such as Fujifilm Dimatix, Inc., Bayer Materialscience AG, H.C. STARCK, AGC Seimi Chemical Co., Ltd., Sumitomo, Polyic, Heliatek, Novaled, Merck KgaA, and BASF Materialscience AG.

Report Highlights:

The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the organic electronics market. Moreover, the study highlights current market trends and provides forecast from 2020-2026. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.