Organic Electronics Market Will Reach USD 44.8 Billion Globally In 2018: Transparency Market Research
ALBANY, New York, April 10, 2012 /PRNewswire/ --
According to a new market report published by Transparency Market Research ( http://www.transparencymarketresearch.com) " Organic Electronics Market - Global Industry Analysis, Market Size, Share, Growth And Forecast 2012 - 2018", Global organic electronics market is expected to be worth USD 8.2 billion in 2012 and is further expected to reach USD 44.8 billion in 2018, growing at a CAGR of 32.6% from 2012 to 2018. The Displays segment is expected to be the largest application market at USD 16.7 billion in 2012. In the overall global market, Asia Pacific region is expected to maintain its lead position in terms of revenue till 2018. Asia Pacific is expected to enjoy 50.0% of global organic electronics market revenue share in 2018 followed by Europe.
Browse the detailed TOC at http://www.transparencymarketresearch.com/global-organic-electronics-market.html
Organic electronics (OE) is one of the most disruptive technologies for electronic circuits and display technologies, and is set to demonstrate high growth over next few years. The technology is expected to have high penetration initially into low-end products such as display backlights in hand held devices and will gradually move up to the ladder with maturity and improved performance. Although the technology is complementary to conventional silicon electronics, the ability to produce flexible circuits will allow the organic electronics to rapidly penetrate into applications such as flexible displays or e-paper, intelligent textiles, bio-sensors, RFID labels and intelligent packaging among many others.Continuously expanding end-use segment beyond OLEDs display, OLED lighting and Organic Photovoltaics (OPV) has helped the organic electronic market to growth robustly. The high-speed performance, low power consumption and sharper display functionalities of OLED is triggering its faster deployment into displays application. On the contrary, Logic and Memory and RFID labels are gradually becoming segments of focus for OE manufactures because of high usability and numerous advantages for these application segments.
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