Organic Electronics Market - Global Industry Analysis and Opportunity Assessment 2014 - 2020: Future Market Insights
Organic electronics is a branch of electronics that deals with design, formulation and application of organic materials that possess electrical properties. The organic materials used are basically organic compounds that exhibit considerable electrical properties like conductivity. These materials are made up of tiny molecules or carbon-based polymers, hence also called polymer electronics or plastic electronics. Organic electronics offer the benefit of low-cost manufacturing as compared to conventional inorganic electronics.
Organic electronics is a branch of electronics that deals with design, formulation and application of organic materials that possess electrical properties. The organic materials used are basically organic compounds that exhibit considerable electrical properties like conductivity. These materials are made up of tiny molecules or carbon-based polymers, hence also called polymer electronics or plastic electronics. Organic electronics offer the benefit of low-cost manufacturing as compared to conventional inorganic electronics.
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<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>Organic</strong> <strong>Electronics</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Opportunity</strong><br />
<strong>Assessment</strong> <strong>2014</strong> - <strong>2020</strong>: <strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
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<strong>Organic</strong> <strong>Electronics</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong> <strong>Analysis</strong> <strong>and</strong> <strong>Opportunity</strong> <strong>Assessment</strong> <strong>2014</strong> - <strong>2020</strong>:<br />
<strong>Future</strong> <strong>Market</strong> <strong>Insights</strong><br />
<strong>Organic</strong> electronics is a branch of electronics that deals with design, formulation <strong>and</strong> application of<br />
organic materials that possess electrical properties. The organic materials used are basically organic<br />
compounds that exhibit considerable electrical properties like conductivity. These materials are made<br />
up of tiny molecules or carbon-based polymers, hence also called polymer electronics or plastic<br />
electronics. <strong>Organic</strong> electronics offer the benefit of low-cost manufacturing as compared to<br />
conventional inorganic electronics. <strong>Organic</strong> electronics is environment-friendly <strong>and</strong> offers better<br />
resource utilization.<br />
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The different types of materials used in the manufacture of organic electronics include polymers,<br />
nanotubes, graphenes carbon-based molecular structures, <strong>and</strong> hybrid materials. A commonly known<br />
application of organic materials is organic light-emitting diode (OLED), which is widely used in<br />
smartphones. <strong>Organic</strong> solar cells, television displays, <strong>and</strong> transistors are the other applications of<br />
organic electronics. Out of all these segments, organic displays contribute the highest revenue for the<br />
organic electronics market. Advantages of organic electronics are - they can be processed in room<br />
temperature unlike silicon, which requires temperatures above 1000°C. It can be produced in bulk <strong>and</strong><br />
at low cost unlike the currently used expensive electronics. <strong>Organic</strong> electronic materials are flexible,<br />
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ighter <strong>and</strong> consumes less power. On the other h<strong>and</strong>, its disadvantages include- water can damage it,<br />
high cost on research &development activity, low electrical conductivity <strong>and</strong> less life as compared to<br />
metallic conductors.<br />
Some of the underlying drivers of the market include the rising disposable income of end-users <strong>and</strong>a<br />
preference for high-quality products, increasing investments of major companies in the organic<br />
electronics segment, competition among suppliers for product differentiation <strong>and</strong> a rise in concern<br />
towards environment protection. The consumer electronics segment, comprising smartphones <strong>and</strong><br />
televisions, is expected to bring about a double-digit growth rate in the organic electronics market in<br />
coming six years. On the other h<strong>and</strong>, low electrical conductivity, complicated fabrication of material<br />
<strong>and</strong> the presence of more competent technologies are some of the restraints behind the development of<br />
the organic electronics market.<br />
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The organic electronics market is segmented on the basis of material used, application <strong>and</strong> geography.<br />
On the basis of materials used, the market is classified into semiconductors, conductors, substrates <strong>and</strong><br />
dielectric materials. On the basis of applications, the market is categorised into displays, organic<br />
sensors, organic radio frequency identification tags (ORFIDs), photovoltaic systems, batteries, system<br />
components <strong>and</strong> smart applications. On the basis of geography, the market is divided into North<br />
America, Latin America, Asia-Pacific, Japan, Western Europe, Eastern Europe <strong>and</strong> Middle East &<br />
Africa.<br />
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