According to a market report by Lucintel, the future of the organic semiconductor market looks promising with opportunities in various applications, which include system components, organic photovoltaic (OPV), OLED lighting, printed batteries, organic RFID tags and display applications. The global organic semiconductor market is expected to reach an estimated $110.4 billion with a CAGR of 6.4% from 2023 to 2028. The major drivers for this market are rise in the demand for advanced, energy-efficient, and environment-friendly electronics products, growing popularity of OLED displays, and rising penetration of organic semiconductors in automobiles.
In this market, polyethylene, poly aromatic ring, and copolymer are different types of organic semiconductor. Lucintel forecast that polyethylene will remain the largest segment over the forecast period as it is a pliable and flexible material and can be utilized to make plastic accessories and parts, thus meeting the industry's stringent quality and purity standards.
Within this market, display application segment is projected to witness the highest growth due to the development of white light emitting OLEDs and growing demand for premium displays, and active-matrix OLED displays.
APAC is expected to witness the highest growth during the forecast period due to growing demand from consumer electronics and semiconductor industry and increasing adoption of organic materials because of aversion to plastics in countries like China, Taiwan, and South Korea.
GE, Sony, Toyota, Samsung, LG, AU Optronics Corporation, BASF SE, Sigma-Aldrich, Eastman Kodak Company, and Bayer AG are the major suppliers in the global organic semiconductor market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global organic semiconductor market by material type, application, and region. Lucintel has compiled a comprehensive research report titled “Growth Opportunities in the Global Organic Semiconductor Market 2023-2028: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global organic semiconductor market by material type, application, and region, as follows:
Organic Semiconductor Market by Material Type [Value ($B) Shipment Analysis from 2017 to 2028]:
Polyethylene
Poly Aromatic Ring
Copolymer
Organic Semiconductor Market by Application [Value ($B) Shipment Analysis from 2017 to 2028]:
System Component
Organic Photovoltaic (OPV)
OLED Lighting
Printed Batteries
Organic RFID Tags
Display Applications
Others
Organic Semiconductor Market by Region [Value ($B) Shipment Analysis from 2017 to 2028]:
North America
Europe
Asia Pacific
The Rest of the World
This more than 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or email us at
helpdesk@lucintel.com.
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This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the global organic semiconductor market by material type (polyethylene, poly aromatic ring, and copolymer), application (system component, organic photovoltaic (OPV), OLED lighting, printed batteries, oprganic RFID tags, display applications, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity did occur in the last five years and how did they impact the industry?