New Computer Technology market report from Markets and Markets: "Organic Electronics Market - Global Analysis and Forecast (2014 - 2020)"
Boston, MA -- (SBWIRE) -- 11/28/2014 -- Organic Electronics Market by Material (Semiconductor, Conductive, Dielectric and Substrate), by Application (Battery, Conductive Ink, Display, Lighting, Logic/Memory, Sensor, OPV, ORFID and Others), Geography - Global Analysis and Forecast (2014 - 2020)
Organic electronics, also called as polymer electronics or plastic electronics, is a branch of material science which deals with small conductive molecules and electrically conductive polymers. It is called as organic because small molecules and polymers are carbon based, made using synthetic strategies developed in the context of organic and polymer chemistry. One of the benefits of organic electronics is their low cost as compared to traditional inorganic electronics.
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The most important areas to focus on for key players are technology innovations and new product developments rather than existing product developments, as striving for product differentiation will boost a player ahead in the race in the current scenario. The focus on industry relations with OEM giants and pure technology solution providers is a key for survival in the organic electronics ecosystem, while relations with the government or private legislative and regulating bodies with a special focus is a must in the organic electronics industry.
The scope of the report is the total organic electronics market, including different materials such as the semiconductor material, conductive material, and dielectric material. Thus, the term "Organic electronics" and its statistics, wherever mentioned, refer to the markets for end-products and components of organic electronics in 10 major application verticals - display devices, logic devices, organic lighting products, organic photovoltaic products, Organic Radio Frequency Identification Tags (ORFID), organic sensors, printed batteries market, disposable electronics, paper substrates, and smart applications.
The global organic electronics market size is expected to grow from $16.45 billion in 2014 to $75.82 billion by 2020 at a CAGR of 29.0%. This growth is heralded by the growing display applications for organic electronics market. The lighting applications for this market are also expected to grow rapidly in the coming five years.
Some of the major players in this market include, AU Optronics Corporation(Taiwan), BASF SE (Germany), Bayer MaterialScience AG (Germany), DuPont or E. I. du Pont de Nemours and Company (U.S.), LG Display (South Korea), Merck KGaA(Germany), Novaled GmbH(Germany), Koninklijke Philips N.V. (Philips) (The Netherlands), Samsung Display (South Korea), Sony Corporation (Japan), Sumitomo Corporation (Japan), Universal Display Corporation (U.S).
The Organic Electronics market is segmented into three parts; market by material, market by application, and market by geography. The report describes the market overview and forecast of Organic Electronics market based on materials, applications, and geography.
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