Published Date: 15-Oct-2020
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According to a new report Global Organic Electronics Market, published by KBV research, The Global Organic Electronics Market size is expected to reach $145.3 Billion by 2026, rising at a market growth of 22.3% CAGR during the forecast period.
Factors like an increase in demand for organic electronic due to demand for various applications, rise in the adoption of technologies that supports sustainable development, and the need for organic electronics in modern technologies are anticipated to drive more adoption of organic electronics. Currently, the global growth of the market of Organic electronics is driven mainly by the display segment, due to the increasing demand for advanced and better image quality. Furthermore, the display segment also provides lucrative opportunities as there is increased funding for research and development of flexible displays.
Among the market segment based on Material, the semiconductor organic electronic has the highest revenue share in the year 2019 and played a main part in the share of the organic electronic market. The display segment showed to have the highest revenue share of the market in the year 2019, according to the organic electronic market analysis.
Asia-Pacific led the organic electronic market in 2019 shares approximately 40% of the global market share. Organic electronics are being adopted in various industries and fueled the growth of the Organic electronic market. Furthermore, the main players are putting more effort to improve this technology and expand its applications in industries.
Structural Insights: https://www.kbvresearch.com/organic-electronics-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Koninklijke Philips N.V., Sony Corporation, Sumitomo Corporation, Heliatek GmbH, AU Optronics Corporation, Covestro AG, Evonik Industries AG (RAG-Stiftung), BASF SE, AGC, Inc., and H. C. Starck, Inc. (H.C. Starck GmbH).
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