Press release
Organic Electronics Market to Exhibit Whopping 32.60% CAGR from 2012 to 2018,Rising Demand in Smart Phone Display
Organic electronics are a category of material science dealing with the synthesis, design, application, and characterization of organic small polymers or molecules. In recent years, the organic electronics market has been gaining traction and organic electronics now have gained multiple applications. Organic electronics have been commercialized successfully, especially in the displays segment such as in photovoltaics, smartphones display, and transistor technologies.The research report has segmented the global organic electronics market on the basis of application into organic sensors, displays, organic radiofrequency identification tags, printed batteries, organic lighting, organic photovoltaics, and logic and memory. Presently, the displays segment dominates the overall market and is expected to remain in the leading position in the forecast period. The displays segment is further sub-segmented into electrophoretic, OLED display, and other displays.
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By the end of 2018, the OLED display segment is estimated to reach a value of US$10.4 bn and dominate the global organic electronics market in the coming years. In recent years, the OLED display segment has witnessed high demand owing to its low energy consumption, high-speed performance, and sharp display features. In addition, the OLED display segment is estimated to witness significant growth due to the growing support for green products across the globe and an increasing number of OLED applications in mobile signage and phones, which will further augment the growth of the overall OLED display market. On the other hand, the high cost of production and a low penetration rate of technology are some of the factors that are expected to hamper the growth of the overall OLED display market throughout the forecast period.
Furthermore, the electrophoretic segment is projected to reach a value of US$3.9 bn by the end of 2018, exhibiting a whopping 58.40% CAGR between 2012 and 2018. The organic radiofrequency identification tags and logic and memory segments are estimated to emerge as the most promising segments for organic electronics manufacturers globally.
The global market for organic electronics has been divided on the basis of geography into the U.S., Europe, Asia Pacific, and Rest of the World. By the end of 2018, the Asia Pacific market for organic electronics is estimated to dominate the overall market, holding a share of 50% in the global organic electronics market. Asia Pacific is expected to be followed by Europe, exhibiting a progressive growth rate in the next few years.
A new market research report, titled “Organic Electronics Market - Global Industry Analysis, Market Size, Share, Growth and Forecast 2012 - 2018,” has been recently published by Transparency Market Research and made available on the company website. The detailed analysis provided in the research study covers the market’s overview, including market drivers and barriers, opportunities and challenges, product segmentation, and competitive landscape of the global organic electronics market. According to the research study, the global organic electronic market is projected to register a stunning 32.60% CAGR between 2012 and 2018.
Browse the full Organic Electronics Market - Global Industry Analysis, Market Size, Share, Growth And Forecast 2012 - 2018 report a http://www.transparencymarketresearch.com/global-organic-electronics-market.html
The research study further covers the competitive landscape of the global organic electronics market, emphasizing on the company profile, inception details, contact information, products offered, financial overview, business policies, and recent developments such as mergers and acquisitions. Some of the prominent players studied in the research report are PolyIC GmbH & Co. KG, Merck & Co., Evonik Industries, Heliatek GmbH, AGC Seimi Chemical Co. Ltd., H.C. Starck, Novaled GmbH, Fujifilm Dimatix, Inc., Sumitomo Electric Industries, Ltd., BASF, and Bayer MaterialScience AG.
Key segments of the Global Organic Electronics market:
Global Organic Electronics Market, by Application
Display Market
Organic Lighting Market
Logic and Memory
Organic Radio Frequency Identification (ORFID) Tags
Organic Sensors
Organic Photovoltaic
Printed Batteries Market
Global Organic Electronics Market, by Regions
U.S.
Europe
Asia Pacific
Rest of the World
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
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