BANGALORE, India, July 5, 2024 /PRNewswire/ -- Organic Electronics
Market is Segmented by Type (Semiconductor, Conductive,
Dielectric, Substrate, Others), by Application (Battery, Conductive
Ink, Display, Sensor, Others): Global Opportunity Analysis and
Industry Forecast, 2024-2030.
The global Organic Electronics market was valued at USD 38270 million in 2023 and is anticipated to
reach USD 111870 million by 2030,
witnessing a CAGR of 16.4% during the forecast period
2024-2030.
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Major Factors Driving the Growth of Organic Electronics
Market:
The expanding use of organic light-emitting diodes (OLEDs) in
displays and lighting solutions, advances in materials science, and
consumer desire for flexible and lightweight electronics are some
of the major reasons propelling the organic electronics industry.
Advancements in conductive polymers, tiny molecules, and organic
semiconductors are improving device performance and opening up new
applications in wearable technology, consumer electronics, and
healthcare. Furthermore, as organic electronics frequently consume
less energy and materials than conventional inorganic electronics,
the industry gains from the increased focus on environmentally
friendly and sustainable technology. The market for organic
electronics is expanding due in part to encouraging regulatory
frameworks and rising R&D spending.
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TRENDS INFLUENCING THE GROWTH OF THE ORGANIC ELECTRONICS
MARKET
An important factor propelling the expansion of the organic
electronics industry is the usage of organic semiconductors in
displays. These materials make it possible to create cutting-edge
display technologies like Organic Light Emitting Diodes (OLEDs),
which outperform conventional displays in terms of color contrast,
flexibility, and energy efficiency. The market is growing because
there is a growing need for flexible, lightweight, and high-quality
displays for consumer devices like TVs, tablets, and smartphones.
Furthermore, the market for organic electronics is expanding at a
faster rate due to the increasing use of OLED technology in a
variety of applications, such as car displays and wearable
technologies.
Since organic conductive materials retain their flexibility and
lightweight characteristics while offering the electrical
conductivity required for a variety of devices, they are critical
to the growth of the organic electronics sector. Organic
photovoltaics, organic light-emitting diodes (OLEDs), and flexible
electronic circuits are just a few of the many uses for these
materials. The creation of innovative and affordable conductive
materials promotes the advancement of next-generation electrical
gadgets. Utilizing the advantages of organic conductive materials,
the growing consumer desire for flexible, wearable, and sustainable
electronics is propelling the organic electronics market's notable
expansion.
Because they improve the performance and act as an insulator for
electronic devices, organic dielectrics are essential to the
expansion of the organic electronics industry. These substances
contribute to increased device lifetime and efficiency in organic
photovoltaics, flexible displays, and organic field-effect
transistors (OFETs). Organic dielectrics' special qualities—such as
their flexibility, light weight, and suitability for low-cost
manufacturing techniques—help to promote the creation of
cutting-edge and environmentally friendly electronics. Organic
dielectrics are playing a bigger role in the growth of the organic
electronics market as the need for cutting-edge, environmentally
friendly electronics keeps rising.
Because they make it possible to create flexible, lightweight,
and affordable electronic components, organic conductive inks are a
major factor in the expansion of the organic electronics sector.
These inks provide notable benefits in terms of manufacturing
efficiency and design flexibility and are utilized in a variety of
applications, such as printed electronics, flexible displays, and
smart fabrics. New possibilities for creative electrical devices
arise from the ability to print electronic circuits and components
directly onto a variety of surfaces. The market for organic
electronics is expanding at a faster rate due to the increasing
need for wearable electronics, smart packaging, and other
applications that need flexible and sustainable solutions. These
applications are driving the adoption of organic conductive
inks.
The market for organic electronics is being driven in large part
by the increasing popularity of wearable technologies.
Smartwatches, health monitors, and fitness trackers are examples of
wearable electronics that profit from the flexibility and low
weight of organic electronics. These gadgets are becoming more and
more popular among consumers as a convenient way to check their
fitness and health. The market for organic electronics is being
driven by the trend toward linked and tailored health solutions,
which is driving demand for cutting-edge wearable electronics.
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ORGANIC ELECTRONICS MARKET SHARE ANALYSIS
Because of its substantial investments in research and
development as well as its sophisticated technical infrastructure,
North America leads the world
market for organic electronics. The existence of significant
electronics corporations and educational establishments stimulates
creativity and the uptake of organic electronics. The robust
consumer electronics industry in the area, especially in the US,
fosters the expansion of organic photovoltaics (OPVs) and organic
light-emitting diodes (OLEDs). Government financing and initiatives
for sustainable technology also play a part in the market's growth
in North America.
Key Players:
- BASF AG
- Evonik
- H.C. Starck
- Bayer Materialscience AG
- DowDuPont
- KGaA
- Koninklijke Philips N V
- LG Display
- Novaled AG
- Samsung Display
- Sony Corporation
- Sumitomo Corporation
- Universal Display Corporation
- AU Optronics Corporation
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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!
- Organic Electronics Conductive Material Market
- Personal/Consumer Electronics Market
- Biodegradable Electronics Market
- The biodegradable batteries market was valued at
USD 140.00 million in 2021, and is
estimated to reach USD 406.7 million
by 2031, growing at a CAGR of 11.3% from 2022 to 2031.
- The global Self-Healing Materials market was valued
at USD 121.1 million in 2023 and is
anticipated to reach USD 644.2
million by 2030, witnessing a CAGR of 26.5% during the
forecast period 2024-2030.
- The global Neuromorphic Chip market was valued at
USD 16 million in 2023 and is
anticipated to reach USD 1228.4
million by 2030, witnessing a CAGR of 87.8% during the
forecast period 2024-2030.
- The global Sheet Metal for Electronics market is
projected to reach USD 4276.7 million
by 2030 from an estimated USD 3519.7
million in 2024, at a CAGR of 3.3% during 2024 and 2030.
- Consumer Electronics Display Devices Market
- The global Printed Electronics market was valued at
USD 2677.6 million in 2023 and is
anticipated to reach USD 6164.5
million by 2030, witnessing a CAGR of 12.5% during the
forecast period 2024-2030.
- Industrial Electronics Market
- The global Active and Passive Electronic Component
market was valued at USD 455720
million in 2023 and is anticipated to reach USD 634980 million by 2030, witnessing a CAGR of
5.3% during the forecast period 2024-2030.
- The global Flexible Display market was valued at
USD 4882 million in 2023 and is
anticipated to reach USD 28130
million by 2030, witnessing a CAGR of 27.9% during the
forecast period 2024-2030.
- The global Electronics Access Control System
market was valued at USD 25400
million in 2023 and is anticipated to reach USD 34550 million by 2030, witnessing a CAGR of
4.4% during the forecast period 2024-2030.
- The global High-Temperature Electronic market size
is expected to reach USD 5233 million
by 2029, growing at a CAGR of 7.0% from 2023 to 2029.
- The global Printed Electronics Devices and Material
market was valued at USD 569
million in 2023 and is anticipated to reach USD 857.7 million by 2030, witnessing a CAGR of
6.8% during the forecast period 2024-2030.
- Component IC for Consumer Electronics Market
- Medical Electronics Market
- Automotive Electronics Adhesives Market
- Electronic Grade Germane (GeH4) Market
- Passive Power Electronics Devices Market
- The global Passive Electronic Components market was
valued at USD 37400 million in 2023
and is anticipated to reach USD 69750
million by 2030, witnessing a CAGR of 9.2% during the
forecast period 2024-2030.
- Low Voltage E-House Market
- Licensed Electronics Market
- The consumer electronics repair and maintenance
market was valued at USD 15.3
billion in 2021, and is estimated to reach USD 21.6 billion by 2031, growing at a CAGR of
3.6% from 2022 to 2031.
- The big data analytics in semiconductor &
electronics market was valued at USD
18.7 billion in 2021, and is estimated to reach USD 47.2 billion by 2031, growing at a CAGR of
9.9% from 2022 to 2031.
- Consumer Electronics Structures Parts Market
- Consumer Electronics Electromechanical Switch Market
- The global Flexible and Printed Electronics
market is projected to reach USD 5023.8
million in 2029, increasing from USD
2386.5 million in 2022, with the CAGR of 11.2% during the
period of 2023 to 2029.
- The global market for Electronics Manufacturing Services
(EMS) was estimated to be worth USD
509100 million in 2023 and is forecast to a readjusted size
of USD 735390 million by 2030 with a
CAGR of 4.8% during the forecast period 2024-2030.
- Dielectric Materials Market
- The global Dielectric Resonator market was valued
at USD 707 million in 2023 and is
anticipated to reach USD 435.7
million by 2030, witnessing a CAGR of -6.6% during the
forecast period 2024-2030.
- MLCC Dielectric Materials Market
- Dielectric Strength Tester Market
- MLCC Dielectric Powders and Formulations Market
- Low-k Dielectric Market
- The global Dielectric Chip Antenna market was
valued at USD 46 million in 2023 and
is anticipated to reach USD 69
million by 2030, witnessing a CAGR of 6.1% during the
forecast period 2024-2030.
- Dielectric Film Metrology Equipment Series Market
- Ceramic Dielectric Powders Market
- Dielectric Elastomers Market
- Dielectric Resonator Oscillators Market
- Solar Electronics Conductive Paste Market
- Electrically Conductive Foam Market
- The global market for Electrically Conductive
Adhesives was estimated to be worth USD
1849.1 million in 2023 and is forecast to a readjusted size
of USD 2026.3 million by 2030 with a
CAGR of 1.3% during the forecast period 2024-2030.
- Organic Electronics Conductive Material Market
- The global Silicone Thermal Conductive Sheet
market was valued at USD 10210
million in 2023 and is anticipated to reach USD 13670 million by 2030, witnessing a CAGR of
4.3% during the forecast period 2024-2030.
- The global Electronic and Electrical Thermal Conductive
Silicone Sheet market is projected to reach USD 1213 million in 2029, increasing from
USD 987 million in 2022, with the
CAGR of 3.1% during the period of 2023 to 2029.
- The global Electronic Thermal Conductive Potting
Compound market is projected to reach USD 9486.6 million in 2029, increasing from
USD 6105 million in 2022, with the
CAGR of 7.3% during the period of 2023 to 2029.
- The global market for Electronic Paste was
estimated to be worth USD 5026.3
million in 2023 and is forecast to a readjusted size of
USD 9967.9 million by 2030 with a
CAGR of 9.3% during the forecast period 2024-2030.
- Stretchable Conductive Silver Ink Market
- PP Conductive Modified Masterbatch Market
- The global Metallic Conductive Coating market was
valued at USD 967.5 million in 2023
and is anticipated to reach USD 1188.1
million by 2030, witnessing a CAGR of 3.1% during the
forecast period 2024-2030.
- Conductive Atomized Powder Market
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