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Organic Electronics Market Size to Grow USD 111870 Million by 2030 at a CAGR of 16.4% | Valuates Reports

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BANGALORE, India, July 5, 2024 /PRNewswire/ -- Organic Electronics Market is Segmented by Type (Semiconductor, Conductive, Dielectric, Substrate, Others), by Application (Battery, Conductive Ink, Display, Sensor, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Organic Electronics market was valued at USD 38270 million in 2023 and is anticipated to reach USD 111870 million by 2030, witnessing a CAGR of 16.4% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Organic Electronics Market:

The expanding use of organic light-emitting diodes (OLEDs) in displays and lighting solutions, advances in materials science, and consumer desire for flexible and lightweight electronics are some of the major reasons propelling the organic electronics industry. Advancements in conductive polymers, tiny molecules, and organic semiconductors are improving device performance and opening up new applications in wearable technology, consumer electronics, and healthcare. Furthermore, as organic electronics frequently consume less energy and materials than conventional inorganic electronics, the industry gains from the increased focus on environmentally friendly and sustainable technology. The market for organic electronics is expanding due in part to encouraging regulatory frameworks and rising R&D spending.

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TRENDS INFLUENCING THE GROWTH OF THE ORGANIC ELECTRONICS MARKET

An important factor propelling the expansion of the organic electronics industry is the usage of organic semiconductors in displays. These materials make it possible to create cutting-edge display technologies like Organic Light Emitting Diodes (OLEDs), which outperform conventional displays in terms of color contrast, flexibility, and energy efficiency. The market is growing because there is a growing need for flexible, lightweight, and high-quality displays for consumer devices like TVs, tablets, and smartphones. Furthermore, the market for organic electronics is expanding at a faster rate due to the increasing use of OLED technology in a variety of applications, such as car displays and wearable technologies.

Since organic conductive materials retain their flexibility and lightweight characteristics while offering the electrical conductivity required for a variety of devices, they are critical to the growth of the organic electronics sector. Organic photovoltaics, organic light-emitting diodes (OLEDs), and flexible electronic circuits are just a few of the many uses for these materials. The creation of innovative and affordable conductive materials promotes the advancement of next-generation electrical gadgets. Utilizing the advantages of organic conductive materials, the growing consumer desire for flexible, wearable, and sustainable electronics is propelling the organic electronics market's notable expansion.

Because they improve the performance and act as an insulator for electronic devices, organic dielectrics are essential to the expansion of the organic electronics industry. These substances contribute to increased device lifetime and efficiency in organic photovoltaics, flexible displays, and organic field-effect transistors (OFETs). Organic dielectrics' special qualities-such as their flexibility, light weight, and suitability for low-cost manufacturing techniques-help to promote the creation of cutting-edge and environmentally friendly electronics. Organic dielectrics are playing a bigger role in the growth of the organic electronics market as the need for cutting-edge, environmentally friendly electronics keeps rising.

Because they make it possible to create flexible, lightweight, and affordable electronic components, organic conductive inks are a major factor in the expansion of the organic electronics sector. These inks provide notable benefits in terms of manufacturing efficiency and design flexibility and are utilized in a variety of applications, such as printed electronics, flexible displays, and smart fabrics. New possibilities for creative electrical devices arise from the ability to print electronic circuits and components directly onto a variety of surfaces. The market for organic electronics is expanding at a faster rate due to the increasing need for wearable electronics, smart packaging, and other applications that need flexible and sustainable solutions. These applications are driving the adoption of organic conductive inks.

The market for organic electronics is being driven in large part by the increasing popularity of wearable technologies. Smartwatches, health monitors, and fitness trackers are examples of wearable electronics that profit from the flexibility and low weight of organic electronics. These gadgets are becoming more and more popular among consumers as a convenient way to check their fitness and health. The market for organic electronics is being driven by the trend toward linked and tailored health solutions, which is driving demand for cutting-edge wearable electronics.

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ORGANIC ELECTRONICS MARKET SHARE ANALYSIS

Because of its substantial investments in research and development as well as its sophisticated technical infrastructure, North America leads the world market for organic electronics. The existence of significant electronics corporations and educational establishments stimulates creativity and the uptake of organic electronics. The robust consumer electronics industry in the area, especially in the US, fosters the expansion of organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). Government financing and initiatives for sustainable technology also play a part in the market's growth in North America.

Key Players:

  • BASF AG
  • Evonik
  • H.C. Starck
  • Bayer Materialscience AG
  • DowDuPont
  • KGaA
  • Koninklijke Philips N V
  • LG Display
  • Novaled AG
  • Samsung Display
  • Sony Corporation
  • Sumitomo Corporation
  • Universal Display Corporation
  • AU Optronics Corporation

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

- Organic Electronics Conductive Material Market

- Personal/Consumer Electronics Market

- Biodegradable Electronics Market

- The biodegradable batteries market was valued at USD 140.00 million in 2021, and is estimated to reach USD 406.7 million by 2031, growing at a CAGR of 11.3% from 2022 to 2031.

- The global Self-Healing Materials market was valued at USD 121.1 million in 2023 and is anticipated to reach USD 644.2 million by 2030, witnessing a CAGR of 26.5% during the forecast period 2024-2030.

- The global Neuromorphic Chip market was valued at USD 16 million in 2023 and is anticipated to reach USD 1228.4 million by 2030, witnessing a CAGR of 87.8% during the forecast period 2024-2030.

- The global Sheet Metal for Electronics market is projected to reach USD 4276.7 million by 2030 from an estimated USD 3519.7 million in 2024, at a CAGR of 3.3% during 2024 and 2030.

- Consumer Electronics Display Devices Market

- The global Printed Electronics market was valued at USD 2677.6 million in 2023 and is anticipated to reach USD 6164.5 million by 2030, witnessing a CAGR of 12.5% during the forecast period 2024-2030.

- Industrial Electronics Market

- The global Active and Passive Electronic Component market was valued at USD 455720 million in 2023 and is anticipated to reach USD 634980 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.

- The global Flexible Display market was valued at USD 4882 million in 2023 and is anticipated to reach USD 28130 million by 2030, witnessing a CAGR of 27.9% during the forecast period 2024-2030.

- The global Electronics Access Control System market was valued at USD 25400 million in 2023 and is anticipated to reach USD 34550 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.

- The global High-Temperature Electronic market size is expected to reach USD 5233 million by 2029, growing at a CAGR of 7.0% from 2023 to 2029.

- The global Printed Electronics Devices and Material market was valued at USD 569 million in 2023 and is anticipated to reach USD 857.7 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.

- Component IC for Consumer Electronics Market

- Medical Electronics Market

- Automotive Electronics Adhesives Market

- Electronic Grade Germane (GeH4) Market

- Passive Power Electronics Devices Market

- The global Passive Electronic Components market was valued at USD 37400 million in 2023 and is anticipated to reach USD 69750 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.

- Low Voltage E-House Market

- Licensed Electronics Market

- The consumer electronics repair and maintenance market was valued at USD 15.3 billion in 2021, and is estimated to reach USD 21.6 billion by 2031, growing at a CAGR of 3.6% from 2022 to 2031.

- The big data analytics in semiconductor & electronics market was valued at USD 18.7 billion in 2021, and is estimated to reach USD 47.2 billion by 2031, growing at a CAGR of 9.9% from 2022 to 2031.

- Consumer Electronics Structures Parts Market

- Consumer Electronics Electromechanical Switch Market

- The global Flexible and Printed Electronics market is projected to reach USD 5023.8 million in 2029, increasing from USD 2386.5 million in 2022, with the CAGR of 11.2% during the period of 2023 to 2029.

- The global market for Electronics Manufacturing Services (EMS) was estimated to be worth USD 509100 million in 2023 and is forecast to a readjusted size of USD 735390 million by 2030 with a CAGR of 4.8% during the forecast period 2024-2030.

- Dielectric Materials Market

- The global Dielectric Resonator market was valued at USD 707 million in 2023 and is anticipated to reach USD 435.7 million by 2030, witnessing a CAGR of -6.6% during the forecast period 2024-2030.

- MLCC Dielectric Materials Market

- Dielectric Strength Tester Market

- MLCC Dielectric Powders and Formulations Market

- Low-k Dielectric Market

- The global Dielectric Chip Antenna market was valued at USD 46 million in 2023 and is anticipated to reach USD 69 million by 2030, witnessing a CAGR of 6.1% during the forecast period 2024-2030.

- Dielectric Film Metrology Equipment Series Market

- Ceramic Dielectric Powders Market

- Dielectric Elastomers Market

- Dielectric Resonator Oscillators Market

- Solar Electronics Conductive Paste Market

- Electrically Conductive Foam Market

- The global market for Electrically Conductive Adhesives was estimated to be worth USD 1849.1 million in 2023 and is forecast to a readjusted size of USD 2026.3 million by 2030 with a CAGR of 1.3% during the forecast period 2024-2030.

- Organic Electronics Conductive Material Market

- The global Silicone Thermal Conductive Sheet market was valued at USD 10210 million in 2023 and is anticipated to reach USD 13670 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.

- The global Electronic and Electrical Thermal Conductive Silicone Sheet market is projected to reach USD 1213 million in 2029, increasing from USD 987 million in 2022, with the CAGR of 3.1% during the period of 2023 to 2029.

- The global Electronic Thermal Conductive Potting Compound market is projected to reach USD 9486.6 million in 2029, increasing from USD 6105 million in 2022, with the CAGR of 7.3% during the period of 2023 to 2029.

- The global market for Electronic Paste was estimated to be worth USD 5026.3 million in 2023 and is forecast to a readjusted size of USD 9967.9 million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.

- Stretchable Conductive Silver Ink Market

- PP Conductive Modified Masterbatch Market

- The global Metallic Conductive Coating market was valued at USD 967.5 million in 2023 and is anticipated to reach USD 1188.1 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.

- Conductive Atomized Powder Market

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that's why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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