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Organic Semiconductor Market

Organic Semiconductor Market

Organic Semiconductor Market - Global Industry Assessment & Forecast

Number Of Pages # Pages:

145

Base Year:

2021

Date

May - 2022

Format:

PDF XLS PPT

Report Code:

VMR-1572

Segments Covered
  • By Material Type Polyethylene, Poly Aromatic Ring, Copolymer
  • By Application System Component, Organic Photovoltaic (OPV), OLED Lighting, Printed Batteries, Organic RFID Tags, Display Applications, Others
  • By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Forecast YearsForecast Years: 2022 - 2028
Historical YearsHistorical Years: 2016 - 2021
Revenue 2021Revenue 2021: USD 96.9 Billion
Revenue 2028Revenue 2028: USD 317.9 Billion
Revenue CAGRRevenue CAGR (2022 - 2028): 21.9%
Fastest Growing Region Fastest Growing Region (2022 - 2028) Asia Pacific
Largest Region Largest Region (2021): Asia Pacific
Customization Offered
  • Cross-segment Market Size and Analysis for Mentioned Segments
  • Additional Company Profiles (Upto 5 With No Cost)
  • Additional Countries (Apart From Mentioned Countries)
  • Country/Region-specific Report
  • Go To Market Strategy
  • Region Specific Market Dynamics
  • Region Level Market Share
  • Import Export Analysis
  • Production Analysis
  • Others Request Customization Speak To Analyst
Organic Semiconductor Market Share

Global Organic Semiconductor Market

Organic Semiconductor Market- By Material Type, Application and Region.

Market Synopsis:

The Global Organic Semiconductor Market is valued at USD 96.9 Billion in the year 2021 and is projected to reach a value of USD 317.9 Billion by the year 2028. The Global Market is forecasted to grow exhibiting a Compound Annual Growth Rate (CAGR) of 21.9% over the forecast period.

Organic Semiconductor Market Size, 2021 To 2028 (USD Billion)

Organic Semiconductors are biodegradable, making them more appealing than their inorganic counterparts in terms of performance. In the healthcare industry, organic semiconductors are used to treat skin cancer. Organic Semiconductors are in high demand for a wide range of applications, including lighting, displays, and smart fabrics. Smart textiles are being used in applications such as military and security, healthcare, and entertainment to detect and react to a variety of environmental variables, such as thermal and mechanical, and to share data with other devices. Organic Semiconductors are increasingly being used in a wide range of applications, such as organic photovoltaics (OPV), OLED lighting, printed batteries, organic RFID tags, and display applications, which is propelling the Organic Semiconductor Market forward. The growing production of electronic components such as light-emitting diodes, solar cells, and transistors is expanding the Organic Semiconductor industry, which is expected to continue. Organic Semiconductors and nano materials are becoming increasingly popular, and the industry is expected to gain significant traction in the near future as demand grows.

The growing popularity of OLED displays is expected to accelerate the rate of growth of the Organic Semiconductor Market over the course of the assessment period. Market growth is expected to be hampered by a lack of knowledge and financial constraints in Research and Development (R&D), which will impede the development of current system. Nonetheless, technological advancements anticipated in recent years would promote market development during the evaluation period, bringing the necessary knowledge and lowering the total cost of organic semiconductors throughout the evaluation period. In the coming years, it is expected that the product's potential reduced lifetime as a result of environmental conditions will pose a significant challenge to the market's overall growth.

System components, organic photovoltaics, OLED lights, and OLED displays are all examples of Organic Semiconductor applications. Over the projected period, organic photovoltaic cells and OLED displays are expected to increase substantially. In industrial applications, organic semiconductors are frequently employed. Environmentally friendly technology research and uptake has surged in recent years. Organic electronics are becoming more popular as renewable energy, such as organic batteries, and biodegradable materials, such as OLEDs, are used in technological breakthroughs.

Market Segmentation:

The Organic Semiconductor Market is segmented on the basis of Material Type and Application. On the basis of Material Type, the market is segmented into Polyethylene, Poly Aromatic Ring and Copolymer. On the basis of Application, the market is segmented into System Component, Organic Photovoltaic (OPV), OLED Lighting, Printed Batteries, Organic RFID Tags, Display Applications and Others.

Below tree is interactive. You can click the nodes to get more information.

Based on Material Type:

Polyethylene segment tends to dominate Organic Semiconductor Market over the forecast period. With its resilience and resistance to acids and impurities like mould and mildew, high-density polyethylene sheet is frequently used as a semiconductor material. Because it's adaptable and pliable, it can be utilised to make plastic components and accessories that meet the industry's stringent quality and purity standards. To create cohesive materials, polyethylene semiconductors are doped with other metals. The development of flexible electronics and the enormous demand for elasticity have the potential to drive segment growth.

Based on Application:

Over the forecast period, display applications will lead the Global Organic Semiconductor Market. Due to the development of white light emitting OLEDs and novel fabrication technologies, display applications may present market prospects. Premium displays and active-matrix OLED displays are expected to drive Organic Semiconductor category growth.

Asia Pacific Region to Stand Firm on its Leading Position in the Organic Semiconductor Market

Asia Pacific is projected to acquire the largest market with a share of 38.20%. Due to growing demand for chips due to consumer electronics use, APAC is expected to lead the global market. Market demand may be fueled by advancements in flexible electronics and wearables, as well as a focus on health. Due to the usage of organic materials and aversion to plastic among customers, China, Taiwan, and South Korea may be able to seize the lead in the region. Due to applications in curved HD TVs, smartphone displays, and other consumer electronic devices in this region, the market could be profitable over the forecast period. A surge in sustainable production methods and chip compatibility with biomedical applications can substantially boost market demand. Organic transistors have the ability to both imitate and emit electrical impulses. During the evaluation period, technological breakthroughs predicted in recent years would stimulate market development, bringing the essential knowledge and lowering the total cost of organic semiconductors. The product's possible shorter lifetime as a result of environmental conditions is projected to offer a substantial obstacle to the market's overall growth in the future years. Organic Semiconductor applications include system components, organic photovoltaics, OLED lighting, and OLED displays. Organic photovoltaic cells and OLED displays are likely to grow significantly over the forecast period. Organic semiconductors are commonly used in industrial applications.

Competitive Landscape:

Key players operating in the Global Organic Semiconductor Market include Eastman Kodak Company, GE, Sony, Toyota, Samsung, LG, AU Optronics Corporation, BASF SE, Sigma-Aldrich, Bayer Material Science AG and others.

Segmentation of the Global Organic Semiconductor Market:

Parameter Details
Segments Covered
  • Material Type (Polyethylene, Poly Aromatic Ring, Copolymer)
  • Application (System Component, Organic Photovoltaic (OPV), OLED Lighting, Printed Batteries, Organic RFID Tags, Display Applications, Others)
  • Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Regions & Countries Covered
  • North America - (U.S., Canada, Mexico)
  • Europe - (U.K., France, Germany, Italy, Spain, Rest Of Europe)
  • Asia Pacific - (China, Japan, India, South Korea, South East Asia, Rest Of Asia Pacific)
  • Latin America - (Brazil, Argentina, Rest Of Latin America)
  • Middle East & Africa - (GCC Countries, South Africa, Rest Of Middle East & Africa)
Companies Covered
  • Eastman Kodak Company
  • GE
  • Sony
  • Toyota
  • Samsung
  • LG
  • AU Optronics Corporation
  • BASF SE
  • Sigma-Aldrich
  • Bayer Material Science AG
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, technology landscape, patent analysis, market attractiveness analysis by segments and North America, company market share analysis, and COVID-19 impact analysis

Organic Semiconductor Market to Reach Valuation of USD 317.9 Billion by 2028 - Increasing Demand for Organic Photovoltaic and Organic Displays to Drive the Market Growth
From the period of 2022 to 2028, the Global Organic Semiconductor Market is expected to reach USD 317.9 Billion in terms of revenue, growing at a Compound Annual Growth Rate (CAGR) of 21.9%. Non-metallic compounds with semiconducting characteristics are known as organic semiconductors. Organic sem...
FAQ
Frequently Asked Question
  • The global Organic Semiconductor valued at USD 96.9 Billion in 2020 and is expected to reach USD 317.9 Billion in 2028 growing at a CAGR of 21.9%.

  • The prominent players in the market are Eastman Kodak Company, GE, Sony, Toyota, Samsung, LG, AU Optronics Corporation, BASF SE, Sigma-Aldrich, Bayer Material Science AG.

  • The market is project to grow at a CAGR of 21.9% between 2021 and 2028.

  • The driving factors of the Organic Semiconductor include

    • Increase in demand due to adoption of technologies supporting sustainable development

  • Asia Pacific was the leading regional segment of the Organic Semiconductor in 2020.