Organic Electronics Market is Expected to Reach $79.6 Billion, Globally, by 2020 - Analysis Major Market Players - Fujifilm Dimatix, Inc., Bayer Materialscience AG,H.C. STARCK, AGC Seimi Chemical Co., Ltd., Sumitomo, Polyic, Heliatek, Novaled, Merck Kgaa,

Organic RFID (ORFID) holds just about 2% of the global market due to its limited application in the prevailing market conditions. Contrary to the current market scenario, ORFID is anticipated to witness tremendous growth through 2020, and would outpace any other application area. Key factor for such remarkable growth is attributed to its ability to substitute silicon based RFID. ORFID would be a cost effective option for tags, as the materials and manufacturing costs would lower over the period of time.

Organic Electronics Market is expected to garner $79.6 billion by 2020, registering a CAGR of 29.5% during the forecast period 2014-2020. Organic electronics market is in its early growth stage. Organics electronics find application in varied industries namely display, ORFID, OLED lighting, photovoltaics and others. Key factors driving the market are the need for reduction of cost, weight and power consumption of electronic goods. It is estimated that by the end of 2015, 130 million TV sets, 400 million PCs, 300 million tablets and 800 million smartphones would be shipped globally. Therefore, demand for flexible TFT would be very high. Similarly, the demand for other flexible electronic goods required in healthcare, government and other sectors would soar, and this would drive the growth of flexible electronics market.

Download PDF Report Sample @ https://www.alliedmarketresearch.com/request-sample/188?utm_source=OPR

Growing appeal towards pollution-free and renewable energy sources has brought the evolution of photovoltaic technology, and the demand for the PV's is expected to witness marked growth during the forecast period. High initial investment is the only hurdle to the adoption of PV's in countries that are witnessing energy crisis. Technological advancements would eventually pave the way for a widespread acceptance of the technology. The positive momentum consequentially would spur the demand for organic components used in OPV, DSSC and CIGs.

The cut-throat competition among the LCD display manufacturers for the last few years is the key reason for OLED displays to gain competitive advantage. Irrespective of its expensiveness, OLED displays have gained momentum and the advent of flexible OLED proved revolutionary for OLED manufacturers.

Organic RFID (ORFID) holds just about 2% of the global market due to its limited application in the prevailing market conditions. Contrary to the current market scenario, ORFID is anticipated to witness tremendous growth through 2020, and would outpace any other application area. Key factor for such remarkable growth is attributed to its ability to substitute silicon based RFID. ORFID would be a cost effective option for tags, as the materials and manufacturing costs would lower over the period of time.

The market growth is strengthened due to government incentives and other favorable policies that promote innovations in organic electronics. As this industry is in its early growth stage, the companies are strategically focusing on new and innovative product development. This specific focus is to achieve product differentiation and thus gain competitive advantage over the competitors.

Get Customized Report @ https://www.alliedmarketresearch.com/request-for-customization/188?utm_source=OPR

Continuous technological encroachments, specifically in the sector of organic electronics, have led the market to a completely new horizon. A strong and strategic business relation with the OEM manufacturers and the pure technology solution providers is an inevitable requisite to sustain in the competitive market. Key companies profiled in the report include Fujifilm Dimatix, Inc., Bayer Materialscience AG,H.C. STARCK, AGC Seimi Chemical Co., Ltd., Sumitomo, Polyic, Heliatek, Novaled, Merck Kgaa, Evonik, BASF Materialscience AG.

Key findings of Organic Electronics Market:

• Global market for organic electronics gaining traction with displays, ORFID and Lighting to provide major growth thrust during the forecast period (2014 - 2020)
• ORFID segment will grow at a CAGR of 48.1% during the forecast period, fastest among all
• Europe would be one of the lucrative markets, both in terms of size and growth. Europe would reach$9.6 billion by 2020, with fastest CAGR of 35.9%
• Within organic displays, electro luminscent displays would be most lucrative at 48.7% CAGR during forecast period.
• OPV and DSSC, though, are the fastest growing photovoltaic segments, CIGs would remain segment of focus - at 94.6% market share in 2020 - within organic photovoltaic market
• System components will compose second largest segment for organic electronics in 2020, much exceeding photovoltaic segment. The system component would generate about 20% of the global OE market revenue in 2020
• Conductive inks would outrun other system component segments with about 86.5% revenue in 2020

Analyst Review:

Organic displays are the largest revenue source for organic electronics markets and it hold more than 30% of the market share. Further, OLED displays is the largest revenue generating display type in the organic electronics market. OLED displays find application in laptops, tablets, TV sets and other electronic displays. Asia Pacific, geographically, is the leading region in terms of revenue generation as most of the buyers of organic electronics products are the manufacturers of electronic products such as mobile devices and television sets.

The fact that the electronic industry is the key application sector, APAC countries are leading the market. Photovoltaic is another prospective application area for organic electronic products and holds huge potential due to the growing demand for pollution free and renewable energy sources. High initial investment is the only hurdle to the adoption of PV's in countries that are witnessing energy crisis. Technological advancements would ultimately pave the way for an extensive acceptance of the technology. The positive momentum consequentially would shoot the demand for organic components used in OPV, DSSC and CIGs.

The cut-throat rivalry among the LCD display manufacturers for the last few years is the key reason for OLED displays to gain competitive advantage. Irrespective of its expensiveness, OLED displays have gained momentum and the advent of flexible OLED have proved to be a revolutionary breakthrough for OLED manufacturers. In the current scenario, ORFID holds a very small share in the market, but, the probability of ORFID to replace RFID gives it a potential to grow in future.

Access Full Summery @ https://www.alliedmarketresearch.com/printed-organic-and-flexible-electronics-market?utm_source=OPR

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

This release was published on openPR.