The global organic semiconductor market size was USD 116.93 Billion in 2022 and is expected to register a revenue CAGR of 21.8% during the forecast period. The steady market revenue growth can be attributed to the rising demand for flexible electronics. Flexible electronics have recently gained a lot of interest due to their potential to offer affordable solutions for large-area applications such as rollable screens and TVs, e-paper, smart sensors, and transparent Radio Frequency Identification (RFIDs). In comparison to existing silicon technologies, flexible electronics have several benefits, including low-cost production such as ink-jet printing and roll-to-roll imprinting, and affordable flexible substrates such as plastics. Organic semiconductors are a perfect choice for flexible and wearable electronic systems due to their inherent flexibility and low weight. Flexible electronics are a desirable contender for future consumer devices that call for inexpensive, lightweight, bendable, and portable electronics due to these benefits. With cutting-edge small mobile devices, sharp displays, and photovoltaic cells, organic electronic devices are swiftly entering the commercial sector. With a brand-new generation of ultra-cheap, light, and even flexible electronic devices that will take the place of much more expensive components built from conventional semiconductor materials, such as silicon, this technology has even more potential in the future.
Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.
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Key companies operating in the Organic Semiconductor market include:
BASF SE, DuPont De Nemours, Inc., Koninklijke Philips N.V., LG Electronics, Merck KGaA, Novaled GmbH, Samsung, Sony Corporation, Sumitomo Corporation, Universal Display
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Organic Semiconductor market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Key Benefits of the Report:
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Organic Semiconductor Market Segmentation:
Organic Semiconductor Market Segmentation by Regions:
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