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The latest report by IMARC Group, titled “Organic Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,” offers a comprehensive analysis of the organic electronics market share. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.
The global organic electronics market size reached USD 83.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach USD 358.4 Billion by 2032, exhibiting a growth rate (CAGR) of 17.2% during 2024-2032.
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Organic Electronics Market Trends:
The global market is primarily driven by the growing demand for flexible, lightweight, and cost-effective electronic devices. In accordance with this, continual advancements in organic semiconductors and conductive polymers are expanding the application potential across various sectors, thereby impelling the market. Furthermore, the growing adoption of organic electronics in display technologies, particularly in flexible and curved OLED displays, is supporting market expansion. Similarly, the expanding use of organic sensors in healthcare and wearable technologies is also augmenting the market demand.
Moreover, the increasing environmental benefits of organic materials, which are more sustainable and less harmful compared to traditional materials, are stimulating the market appeal. Apart from this, the growing potential for organic electronics in emerging technologies such as smart textiles and biodegradable electronics is creating lucrative opportunities in the market.
Organic Electronics Market Scope and Growth Analysis:
The scope of the market is extensive, covering applications such as displays, lighting, energy harvesting, sensors, and printed electronics. Market analysis reveals strong potential, particularly due to the increasing focus on flexible and transparent electronics in sectors such as consumer devices, automotive displays, and smart packaging. In addition to this, the rising demand for energy-efficient devices is another significant market driver, as organic light-emitting diodes (OLEDs) and organic photovoltaic cells (OPVs) offer reduced energy consumption.
The market scope is also benefiting from advancements in large-scale production techniques, such as roll-to-roll printing, which are making organic electronics more commercially viable. Furthermore, the growing integration of organic electronics in energy-efficient solutions, including organic solar cells and energy storage devices, is contributing to growth in the market scope. Besides this, the increasing investment in research and development (R&D) by both private companies and governments is accelerating innovation in this field and providing an impetus to the market.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
AGC Inc.
BASF SE
Covestro AG
DuPont de Nemours Inc.
FUJIFILM Corporation
Heliatek GmbH
Merck KGaA
Novaled GmbH (Samsung SDI Co. Ltd.)
PolyIC GmbH & Co. KG (LEONHARD KURZ Stiftung & Co. KG)
Sony Corporation
Universal Display Corporation.
Organic Electronics Market Segmentation:
Our report has categorized the market based on region, component, material, and application.
Breakup by Component:
Active
Passive
Breakup by Material:
Semiconductor
Conductive
Dielectric and Substrate
According to the report, semiconductors accounted for the largest market share.
Breakup by Application:
Display
Lighting
Battery
Conductive Ink
Others
Breakup by Region:
North America (USA, Canada)
Europe (Germany, France, UK, Italy, Spain, Russia, others)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, others)
Middle East/Africa
Latin America (Brazil, Mexico, others)
Key Highlights of the Report:
Market Performance (2018-2023)
Market Outlook (2024-2032)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
About US:
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services.
IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact US:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
United States: +1-631-791-1145
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