Global Organic Semiconductor Market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 22.4% during forecast period.
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
Organic semiconductors are organic or non metallic materials which exhibit semiconductor properties. Semiconducting properties in organic materials occurs for single molecules, long polymer chains and short chains of molecules depending on the material. These materials are primarily based on hydrogen and carbon which exhibits semiconducting properties.
Growing market for semiconductor and consumer electronics industry are major driving factors behind the growth of market. Growing demand of organic semiconductor based photoconductors in xerography process as light valves in liquid crystal displays (LCDs), surge in the demand of organic materials to make a wide range of semiconducting electronic devices, such as light-emitting diodes, transistors, lasers and solar cells and demand of organic semiconductors in some applications as logic circuits with organic photovoltaic cells (OPVCs) or organic field-effect transistors (OFETs) are expected to improve the growth of market during forecast period.
Organic semiconductor provides some benefits such as simple processing, better compatibility with a wide variety of substrates, solution process ability, lightweight and flexibility are ultimately propelling the growth of market. The enormous development in organic semiconductor industry has been driven by the emergence of new applications such as flexible light sources and displays and low-cost printed integrated circuits.However, complex design and low optimum temperature operation windows are major restraining factors that could hamper the growth of market.
Global Organic Semiconductor Market: Segmentation Analysis
By type, polyethylene segment dominated the market in 2019 and is projected to witness steady growth at CAGR of XX% during forecast period. Polyethylene type of semiconductor is the most popular plastic in the world. Large scale adoption of high-density polyethylene sheet in semiconductor plastic is driving the growth of market. It is malleable and flexible, so it is used to make plastic accessories and parts to meet the industry’s rigid demands for purity and quality.
By application, organic photovoltaic cell and organic display segments dominated the market in 2019 and is expected to witness fast growth at CAGR of XX% during forecast period. The growing market for the solar panels across the globe is contributed in the growth of market. Organic photovoltaic cells are solar cells which uses small molecules and organic polymers as the active layer for charge transport and light absorption. An organic photovoltaic cells functions through the use of a semiconductor layer with a bandgap of suitable size. Furthermore, rising production and adoption of consumer electronics products such as TVs, laptops, computers, Smartphone’s and other devices with the implementation of organic light emitting diode technology based displays is driving the growth of market. Many electronics devices manufacturing companies are investing in the production of OLED display based products is further propelling the growth of market.
Global Organic Semiconductor Market: Regional Analysis
Region wise, Asia pacific held the largest market share in 2019 and is expected to maintain its dominance at CAGR of XX% during forecast period. The developing economies such as China, Japan and India are major key contributors behind the growth of market. The growth is attributed to the growing market for consumer electronics and semiconductor industry across the region. Also massive presence of semiconductor manufacturing companies is driving the growth of market in the region.
Every year, China imports some 200 billion U.S. dollars of semiconductors to power its consumer electronics, computing products and smart devices. In June 2019, China has launched a tech innovation board, called the STAR market, on the Shanghai Stock Exchange, to attract private capital and support start-ups and talented entrepreneurs in ventures that provision the development of advanced semiconductor chips, which is ultimately propelling the growth of market in the region.
The objective of the report is to present a comprehensive analysis of the Global Organic Semiconductor Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report.
External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Organic Semiconductor Market dynamics, structure by analyzing the market segments and projects the Global Organic Semiconductor Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Organic Semiconductor Market make the report investor’s guide.
The Scope of Global Organic Semiconductor Market
Global Organic Semiconductor Market, By Type
• Poly Aromatic Ring
Global Organic Semiconductor Market, By Application
• System Component
• Organic Photovoltaic (OPV)
• OLED Lighting
• Printed Batteries
• Organic RFID Tags
• Display Applications
Global Organic Semiconductor Market, By Region
• North America
• Asia Pacific
• South America
• Middle East & Africa
Global Organic Semiconductor Market, Key Players
• Eastman Kodak Company
• AU Optronics Corporation
• BASF SE
• 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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