Organic Semiconductor Market 2019: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2025

Organic Semiconductor Market –Market Demand, Growth, Opportunities, Analysis of Top Key Players and Forecast to 2025

Organic Semiconductor SWOT Analysis Market Research Report 2019

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Organic Semiconductor: High Demand from Solar Cells to Elevate Market Growth

Organic semiconductors can be referred to as non-metallic materials exhibiting semiconductor attributes. These semiconductors have numerous benefits over inorganic semiconductors like lightweight, low cost, and mechanical flexibility, and are extensively used in the manufacturing of devices using inexpensive fabrication methods. They are biodegradable, which further makes them preferable than their counterparts.

Organic semiconductors can be fine-tuned with structural modifications by transforming the installation or shape of several functional groups, which further makes them more photoluminescent, conducting, and enhances its performance in order to achieve new-gen electronic device designs. This helps to create new applications and opportunities, which are not possible with inorganic materials in the electronics sector. The mechanical characteristics of organic semiconductors are diverse, and the molecular attributes that permit charge transport render these materials brittle and stiff.

The Leading key players covered in this study 
Eastman Kodak Company 
AU Optronics Corporation 
Bayer Material Science AG 
Koninklijke Philips N.V. 
LG Display 
Merck Kgaa 
Novaled Gmbh 
Samsung Display 
Sony Corporation 
Sumitomo Corporation 
Universal Display Corporation (UDC)

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Organic semiconductors are extensively used in organic radio frequency identification devices (RFID), organic light-emitting diodes (OLED) displays, printed batteries, and solar cells. Such factors are estimated to encourage the market growth across the globe. OLED displays are largely used in laptops, TVs, and tablets. Displays and lighting are considered the two most crucial applications of organic semiconductors and are highly used for innovations like portable compact screens and lab on a chip. Organic semiconductor, in the healthcare industry is used in the treatment of skin cancer, which further influences the market’s growth in the foreseeable future. Organic semiconductors also find huge application in smart textiles, apart from display and lighting. Smart textiles can sense and respond to environmental conditions like mechanical and thermal and can exchange data with other devices. They are extensively used in the healthcare, security, and military, and the entertainment industry. Such factors are estimated to propel the market growth in the long run.

The global organic semiconductors market has been segmented on the basis of type and application. By type, the market is segmented into polyaromatic ring type, polyethylene type, and copolymer type. By application, the market is segmented into OLED, CD, solar battery, sensor, and others.

Geographically, the organic semiconductors market spans across Asia Pacific, Europe, North America, and the Middle East & Africa. Considering the global scenario, the organic semiconductors market in the Asia Pacific is considered to account for the largest share. The region will acquire the lion’s share and is estimated to retain its dominance in the foreseeable future, mainly due to the presence of economies like Taiwan, South Korea, and China. These countries in the APAC are considered to be the largest consumers and leading manufacturers of electronics. Europe, on the other hand, is likely to expand at a significant rate in the foreseeable future.

The industry is more developed in economies like Germany, Japan, Netherlands, and South Korea, as these nations have strong R&D capabilities and are equipped with advanced infrastructure support. Established manufacturers are shifting towards the production of organic semiconductors owing to their potential in several end use applications. This further supports the market growth in these countries. Moreover, rapid developments and rising number of organic semiconductor vendors are likely to take place in the foreseeable future, thereby contributing to the market’s growth.

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