Organic Electronics Market
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Global <strong>Organic</strong><br />
<strong>Electronics</strong> <strong>Market</strong><br />
Share, Global Trends,<br />
Analysis, Research, Report,<br />
Opportunities,<br />
Segmentation and Forecast,<br />
2014-2020<br />
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Report Description<br />
<strong>Organic</strong> electronics is a branch of electronics that deals with design, formulation and<br />
application of organic materials that possess electrical properties. The organic materials<br />
used are basically organic compounds that exhibit considerable electrical properties like<br />
conductivity. These materials are made up of tiny molecules or carbon-based polymers,<br />
hence also called polymer electronics or plastic electronics. <strong>Organic</strong> electronics offer the<br />
benefit of low-cost manufacturing as compared to conventional inorganic electronics.<br />
<strong>Organic</strong> electronics is environment-friendly and offers better resource utilization.<br />
The different types of materials used in the manufacture of organic electronics include<br />
polymers, nanotubes, graphemes, carbon-based molecular structures, and hybrid<br />
materials. A commonly known application of organic materials is organic light-emitting<br />
diode (OLED), which is widely used in smartphones. <strong>Organic</strong> solar cells, television<br />
displays, and transistors are the other applications of organic electronics. Out of all these<br />
segments, organic displays contribute the highest revenue for the organic electronics<br />
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<br />
produced in bulk and at low cost unlike the currently used expensive electronics. <strong>Organic</strong><br />
electronic materials are flexible, brighter and consumes less power. On the other hand,<br />
its disadvantages include- water can damage it, high cost on research &development<br />
activity, low electrical conductivity and less life as compared to metallic conductors.<br />
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Report Description<br />
Some of the underlying drivers of the market include the rising disposable income of<br />
end-users anda preference for high-quality products, increasing investments of major<br />
companies in the organic electronics segment, competition among suppliers for product<br />
differentiation and a rise in concern towards environment protection. The consumer<br />
electronics segment, comprising smartphones and televisions, is expected to bring about<br />
a double-digit growth rate in the organic electronics market incoming six years. On the<br />
other hand, low electrical conductivity, complicated fabrication of material and the<br />
presence of more competent technologies are some of the restraints behind the<br />
development of the organic electronics market.<br />
The organic electronics market is segmented on the basis of material used, application<br />
and geography. On the basis of materials used, the market is classified into<br />
semiconductors, conductors, substrates and dielectric materials. On the basis of<br />
applications, the market is categorized into displays, organic sensors, organic radio<br />
frequency identification tags (ORFIDs), photovoltaic systems, batteries, system<br />
components and smart applications. On the basis of geography, the market is divided into<br />
North America, Latin America, Asia-Pacific, Japan, Western Europe, Eastern Europe and<br />
Middle East & Africa.<br />
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At present, some of the innovative applications of organic electronics include - displays,<br />
lighting, photovoltaic and other smart electronic systems.
Report Description<br />
Constant research &development activities are leading to the development of biomedical<br />
implants and other biodegradable RFID tags. Other areas of exploration include possible<br />
application in memory devices, detectors, micro lenses, batteries, photoconductors,<br />
optical fibres and consumer packaging. Ongoing developments in the consumer<br />
electronics segment, especially smartphones, offer promising growth in terms of<br />
adoption of organic electronics. Technological advancements concerning organic<br />
photovoltaic, transistor technology and organic display technology, and developments in<br />
organic polymer materials are expected to drive market growth.<br />
Some of the market players are Asahi Kasei Corporation, BASF SE, Bayer Material Science<br />
AG, Evonik Industries, DuPont, Henkel AG & Company, Optomec, ITRI, Samsung Display<br />
and Sony Corporation. The key strategies adopted by these players are product<br />
innovation and product differentiation. <strong>Organic</strong> electronics is an emerging market, hence<br />
most companies are focusing on sharing their expertise through partnership and<br />
collaboration. Scientific and technological developments by OEMs (original equipment<br />
manufacturers) and pure technology solution providers will help the organic electronics<br />
market to sustain and grow.
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