Global Organic Semiconductor Market

Organic Semiconductor Market Size, Share, Growth Analysis, By Material(Polyethylene, Poly Aromatic Ring), By Application(System Component, Organic Photovoltaic (OPV)) - Industry Forecast 2024-2031

Report ID: SQMIG45O2040 | Region: Global | Published Date: March, 2024
Pages: 164 | Tables: 67 | Figures: 71

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Organic Semiconductor Market size was valued at USD 116.9 billion in 2022 and is poised to grow from USD 142.38 billion in 2023 to USD 689.67 billion by 2031, growing at a CAGR of 21.8% in the forecast period (2024-2031).

Organic semiconductor manufacturers need to extensively and actively invest in the research and development of new products to stay competitive in the marketplace. Collaborations and partnerships are estimated to be highly vital in improving the research and development efforts for organic semiconductors. Moreover, new companies can merge with established companies to scale their business in this highly capital-intensive marketplace. Organic semiconductor market players should focus on capitalizing on the bioelectronics and flexible electronics trends to create new opportunities for business growth in the future. Companies focus on raising new capital to fund their research and manufacturing expansion aspirations over the coming years. 'BASF SE', 'LG', 'Sumitomo Corporation', 'Koninklijke Philips N.V.', 'Eastman Kodak Company', 'Toyota', 'DuPont', 'Novaled GmbH', 'Samsung', 'Sigma-Aldrich', 'Sony Corporation', 'Universal Display Corporation', 'GE', 'AU Optronics Corporation', 'Merck & Co.', 'Bayer Material Science AG'

Advancements in Organic Semiconductor Technology

Growing Demand for Printed Electronics: Printed electronics utilize organic materials for the fabrication of new electronics. These devices are made using advanced additive manufacturing techniques and the growing emphasis on improving electronics manufacturing capabilities is slated to push the demand for printed electronics thereby creating new opportunities for organic semiconductor market players in the long run.

The Asia Pacific regional market for organic semiconductors is projected to account for a dominant market share over the coming years and maintain the same stance through 2031. The presence of massive semiconductor manufacturing facilities in countries such as China, Japan, South Korea, and Taiwan is the key factor allowing this region to hold sway over the marketplace. Supportive government initiatives, abundance of cheap labor and raw materials, and increasing demand for flexible electronics are some key factors that allow Asia Pacific region to dominate the organic semiconductor marketplace.

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Global Organic Semiconductor Market

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