Organic electronics are a new class of electronics, useful for high performance devices in four major application areas, which are displays, photovoltaic, lighting, and integrated smart systems. Organic Electronics is briskly growing into a scientific and technological revolution and is expected to have a large impact in our lives as compared to microelectronics.

The global organic electronics market size is expected to grow from $16.45 Billion in 2014 to $75.82 Billion by 2020 at a CAGR of 29.0%. This growth is heralded by the growing display applications for the organic electronics market. Lighting applications for this market are also expected to grow rapidly in the coming five years.

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Organic electronic devices have the potential to become a low-cost alternative to the traditional inorganic electronic applications, due to low material utilization and simple processing methods.In order to demonstrate technological maturity and competitiveness for these materials in the current market, the hi-tech products are manufactured using organic materials such as semiconductor, dielectric, and conductive materials.

The overall value chain of the organic electronics market is closely interlinked with the traditional silicon electronics value chain and has been expanding rapidly and shaping into a strong, well-connected chain over the past few years. Several new product developments and models have come up, owing to the application potential of organic electronics in various applications.

The explosive growth in the number of players, mainly among component and product manufacturers and vast developments, are expected to take place over the next five years with the migration of established players from components manufacturers to this emerging organic electronics ecosystem, owing to the huge market size potential offered and the success of the organic electronics technology.

Some of the major players in organic electronics market include, AU Optronics Corporation (Taiwan), BASF SE (Germany), Bayer MaterialScience AG (Germany), DuPont or E. I. du Pont de Nemours and Company (U.S.), LG Display (South Korea), Merck KGaA (Germany), Novaled GmbH (Germany), Koninklijke Philips N.V. (Philips) (The Netherlands), Samsung Display (South Korea), Sony Corporation (Japan), Sumitomo Corporation (Japan), Universal Display Corporation (U.S).

The overall Organic Electronics market is increasing with a CAGR of 29.0% from 2014 to 2020. In this market, “display applications” have the highest share currently. In the geographic analysis, APAC is the market leader, followed by North America and Europe.

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