Organic Electronics Market |
According
to a recent market research report released by Transparency Market
Research, the global organic electronics market is expected to take a
leap at a CAGR of 32.6% during the period between 2012 and 2018. The
report, titled “Organic Electronics Market - Global Industry
Analysis, Market Size, Share, Growth and Forecast 2012 - 2018”,
states that the combination of OLED lighting, OFRID, organic
photovoltaic, and OLED displays will propel the growth of the global
organic electronics market.
The
report points out that the increasing application areas have boosted
the expansion of the global organic electronics market. Declining
prices of organic electronics, coupled with improvement in
performance, has led to their growing adoption among consumers.
Government support and initiatives have paved the path for increased
investments in organic electronics worldwide. All these factors will
push the growth of the global organic electronics market. However,
the report states that improvement in the materials and processes
will restrict the growth of the overall market. Lifetime of organic
electronics devices will also pose as a challenge.
Free
PDF File Of Organic Electronics Market:
On
the basis of application, the report segments the global organic
electronics market into display market, organic lighting market,
logic and memory, organic sensors, printed batteries market, organic
photovoltaic, and organic radio frequency identification (ORFID)
tags. The report states that the display segment holds the largest
share of the organic electronics market and has been segregated into
OLED display, electrophoretic, and other displays.
OLED
displays segment is forecasted to value US$10,450 mn by 2018 and lead
the overall organic electronics market. The increased demand for OLED
displays can be attributed to their high-speed performance, low
energy consumption, and sharp display features. Support for green
products worldwide and rising OLED application in mobile phones and
signage will boost the growth of the OLED display market. However,
high manufacturing costs, coupled with low penetration rate of
technology, will restrain the overall OLED display market. During the
forecast period, the electrophoretic sub-segment is estimated to
reach a valuation of US$3,950 mn by 2018, displaying a CAGR of 58.4%.
Organic RFID tags and logic and memory segments will emerge as the
prime focus for OE manufacturers.
The
report segments the global organic electronics market into four
geographical regions: the U.S., Europe, Asia Pacific, and Rest of the
World. In terms of revenue, Asia Pacific is expected to lead the
overall organic electronics market with more than 50% market share
till 2018. Europe will closely follow as the second largest organic
electronics market.
The
report profiles some of the key players in the global organic
electronics market such as Evonik, BASF, Merck, Novaled GmbH,
Heliatek, Sumitomo, Polyic, H.C. Starck, AGC Seimi Chemical Co. Ltd.,
Baer Material Science AG, and Fujifilm Dimatix Inc. The report also
provides insightful information about the key players such as
financial overview, product segment overview, growth strategy, and
recent developments.
The
research study has been segmented as below:
Global
Organic Electronics Market, by Application
Display Market
Organic Lighting Market
Logic and Memory
Organic Radio Frequency Identification Tags (ORFID)
Organic Sensors
Organic Photovoltaic
Printed Batteries Market
Global
Organic Electronics Market, by Regions
U.S.
Europe
Asia Pacific
Rest of the World
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research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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