Organic Electronics Market Demand, Size, Share & Forecast 2032

Organic Electronics Market Insights

According to the report published by Zion Market Research, the global Organic Electronics Market size was valued at USD 69.95 Billion in 2023 and is predicted to reach USD 342.42 Billion by the end of 2032. The market is expected to grow with a CAGR of 19.3% during the forecast period. The report analyzes the global Organic Electronics Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the rising opportunities in the Organic Electronics industry.

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Global Organic Electronics Market: Overview

Organic electronics is a branch of material science that deals with the application, design, and formulation of organic materials, which possess desirable electronic properties such as conductivity. These materials are composed of carbon-based polymers hence known as plastic electronics or polymer electronics. Compared to inorganic electronics, organic electronics offers the benefit of low-cost manufacturing. It is environment-friendly in nature and also provides better resource utilization. Various kinds of materials are used in the manufacturing of organic electronics such as carbon-based molecular structures, polymers, hybrid materials, nanotubes, and graphenes.

The most common application of organic materials is an organic light-emitting diode (OLED) which is broadly used in smartphones. Transistors, television displays, and organic solar cells are other applications of organic electronics. Organic electronics are managed at room temperature and can be produced in bulk cheaply. They are brighter, more flexible, and consume less power.

Global Organic Electronics Market: Growth Factors

Organic electronics are used in various applications such as photovoltaics, OLED lighting, ORFID, and others. It helps in reducing power consumption, cost, and weight of electronic goods thus driving the global organic electronics market. Millions of tablets, TV sets, smartphones, and PCs are being exported globally thus fostering the market growth. Similarly, the demand for other flexible electronic goods may escalate in sectors such as government, healthcare, and others. However, lack of robustness and non-compatibility with conventional electronic goods are factors that restrain the global market growth to some extent.

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Global Organic Electronics Market: Segmentation

The global organic electronics market is segmented into its application, material used, and geography.

Based on the application, the global market is divided into smart applications, organic displays, organic radio frequency identification tags (ORFIDs), system components, organic sensors, batteries, and photovoltaic systems. The organic display is the dominating segment. While, OLED displays are used in lighting, laptops, T.V. sets, and tablets.

Based on the material used, the global organic electronics market is segregated into dielectric materials, semiconductors, substrates, and conductors. Regionally, the market is diversified into Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.

Organic Electronics Market Growth Size, Share, and Forecast, 2024 - 2032: Report Scope

Global Organic Electronics Market: Regional Analysis

Asia-Pacific is the largest market for organic electronics, it is considered as the home for almost 3/4th of the global electronics manufacturing industry which is the major reason responsible for the growth of the market. Tough competition among the LCD display manufacturers is the key factor that boosts the OLED display market in this region. OLED displays have gained momentum across the world regardless of their expensiveness and the arrival of flexible OLED has given a revolutionary attitude to the OLED manufacturers in the Asia Pacific region. Other regions such as North America and Europe are also contributing a good share of the global organic electronics market.

Global Organic Electronics Market: Competitive Players

The major market players in the global organic electronics market include;

• ITRI
• Asahi Kasei Corporation
• DuPont
• Sony Corporation
• BASF SE
• Henkel AG & Company
• Evonik Industries
• Bayer Material Science AG
• Samsung Display
• Optomec

The global organic electronics market is segmented as follows;

Global Organic Electronics Market: By Application Segment Analysis

• Smart Applications
• Organic Displays
• Organic Radio Frequency Identification Tags (ORFIDs)
• System Components
• Organic Sensors
• Batteries
• Photovoltaic Systems

Global Organic Electronics Market: By Material Used Segment Analysis

• Dielectric Materials
• Semiconductors
• Substrates
• Conductors

Global Organic Electronics Market: Regional Segment Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• The Middle East and Africa

What Report Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.