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Organic Electronics Market Trends

Report ID: GMI6091
Published Date: Jun 2023
Report Format: PDF

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Organic Electronics Market Trends

The rising focus on sustainability and eco-friendly solutions is fueling the organic electronics industry. Organic materials are often derived from renewable sources and have lower environmental impacts compared to inorganic materials, thereby aligning with the increasing emphasis on sustainability and eco-friendly technologies. As sustainability concerns grow, the demand for environmental-friendly electronics continues to rise, driving the organic electronics industry. Organic photovoltaics (OPV) and Organic Light-Emitting Diodes (OLEDs) are being explored as energy-efficient alternatives to conventional solar cells and lighting technologies. Organic electronics with their potential for low-energy consumption, recyclability, and reduced carbon footprint are poised to address these sustainability requirements.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size organic electronics surpassed USD 81.5 billion in 2022 and is poised to grow at over 20% CAGR from 2023-2032 owing to the rising need for lightweight and flexible electronic products worldwide.

Organic electronics market share from the healthcare end-use industry segment is anticipated to grow at over 23% CAGR from 2023 to 2032 owing to the increasing development of implantable devices.

Asia Pacific organic electronics is set to grow at over 22% CAGR from 2023 to 2032 driven by the booming consumer electronics sector across the region.

AGC INC, Covestro AG, DuPont, JOLED Inc., Konica Minolta, Inc., Merck KGaA, Novaled GmbH, OSRAM GmbH, Panasonic Holdings Corporation, Samsung Display (Samsung Electronics Co., Ltd.), Sony Corporation, and Visionox Company are some of the prominent firms operating in the organic electronics industry.