The latest report on Organic Electronics Market by Infinium Global Research gives complete coverage of the Organic Electronics Market by in terms of key trends, market size, forecast and CAGR growth over the period of 2020 to 2026. In addition, the study covers deep dive into key product and applications trends in the regional markets of Organic Electronics such as North America, Europe, Asia-Pacific and Latin America over the short run and long run.
We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report Shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on this Market is Included in the Report for Free.
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Organic Electronics are Used In Numerous Applications Such as Photovoltaic, OLED Lighting, ORFID, and Others
Organic electronics are a novel class of electronics, beneficial for high-performance devices in major application areas such as displays, lighting, photovoltaic, and integrated smart systems. These materials are composed of carbon-based polymers hence recognized as polymer electronics or plastic electronics. As compared to inorganic electronics, organic electronics offers the assistance of low-cost manufacturing.
It offers better resource utilization and environment-friendly nature. Several kinds of materials are used in the manufacturing of organic electronics for instance carbon-based molecular structures, polymers, hybrid materials, nanotubes, and graphenes. The most general application of organic materials is an organic light-emitting diode (OLED) which is mostly used in smartphones. Organic electronics are managed at room temperature and can be created in bulk at a low cost.
Organic electronics are used in numerous applications such as photovoltaic, OLED lighting, ORFID, and others. It helps in reducing power consumption, cost, and weight of electronic goods consequently pouring the global organic electronics market. Millions of tablets, TV sets, smartphones, and PCs are being exported internationally thus nurturing the organic electronics market growth. Likewise, the demand for other organic electronic goods may heighten in sectors such as government, healthcare, and others. On the other hand, lack of robustness and non-compatibility with conventional electronic goods are factors that hamper the global market growth to some extent.
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The Demand for Other Organic Electronic Goods May Heighten in Sectors Such as Government, Healthcare, and Others
The electronics devices market comprising consumer electronics and industrial electronics devices is anticipated to be impacted suggestively by the COVID-19 outbreak since China is one of the major suppliers for the raw materials (used to manufacture devices) along with the finished products. The industry is on the edge of facing a reduction in production, disruption in supply, and price variations. While this can massively encourage local manufacturers to step up and address the increasing demand, the shortage of raw material can still pose a challenge to this industry. The sales of prominent electronic vendors are anticipated to be affected in the near future.
Among the geographies, North America region is expected to hold the largest share in the global organic electronics market as countries such as the U.S. and Canada are the front-runners of the adoption of new technologies. The North America region is characterized by the presence of several research universities, which are involved in research projects with subjects associated with the technology. However, the Asia Pacific region would dominate the industry in terms of revenue by the end of the forecast period owing to the increasing adoption of organic electronics technology in consumer product applications. The Asia Pacific region is expected to be an emerging market, growing at the fastest CAGR on account of the flourishing electronic manufacturing sector.
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Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Organic Electronics.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2026.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.