The Business Research Company’s Organic Electronics Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Organic Electronics Global Market Report 2023 evaluates organic electronics market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global organic electronics market is expected to grow from the organic electronics market size has grown exponentially in recent years. It will grow from $51.09 billion in 2023 to $61.85 billion in 2024 at a compound annual growth rate (CAGR) of 21.1%. The growth in the historic period can be attributed to energy efficiency, investment in research and development, low manufacturing costs, flexible and lightweight materials.The organic electronics market size is expected to see rapid growth in the next few years. It will grow to $124.01 billion in 2028 at a compound annual growth rate (CAGR) of 19.0%.
The growing demand for high-end smartphones is expected to propel the growth of the organic electronics market going forward. Smartphones refer to advanced mobile devices that combine the features of a cell phone with those of a personal computer. Organic electronic devices are flexible and conformable, which makes them ideal for use in smart electronics such as foldable smartphones and wearable devices. These materials have a number of advantages over traditional inorganic electronics, including being flexible, lightweight, and energy efficient. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, beginning in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. The UK population is expected to grow to 68.3 million by 2025, of which 95% (or around 65 million individuals) will own a smartphone. Therefore, the growing demand for high-end smartphones is driving the growth of the organic electronics market.
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The organic electronics market segments in the report are:
1) By Material: Semiconductor, Conductive, Dielectric, Substrate
2) By Application: Display, Lighting, Battery, Conductive Ink, Other Applications
3) By End User: Consumer Electronics, Healthcare, Automotive, Energy, Aerospace And Defense, Other End Users
The table of contents in TBRC’s organic electronics market report includes:
1. Executive Summary
2. Organic Electronics Market Characteristics
3. Organic Electronics Market Trends And Strategies
4. Organic Electronics Market – Macro Economic Scenario
5. Global Organic Electronics Market Size and Growth
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26. South America Organic Electronics Market
27. Brazil Organic Electronics Market
28. Middle East Organic Electronics Market
29. Africa Organic Electronics Market
30. Organic Electronics Market Competitive Landscape And Company Profiles
Top Major Players:
- BASF SE
- Sony Group Corporation
- Sumitomo Corporation
- Panasonic Corporation
- Heraeus Holding GmbH
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