The global organic semiconductor market is growing rapidly. The market rise attributes to the increasing uses of organic semiconductors in organic photovoltaic (OPV), OLED lighting, printed batteries, organic RFID tags, and display applications. Besides, the rising production of electronic components, such as light-emitting diodes, solar cells, and transistors, increases the organic semiconductor market size
Lack of Expertise and Budgets are Major Headwinds
The lack of expertise and RD budget constraints are significant factors projected to restrict the market growth, hampering the developments of existing systems. Nevertheless, technological advances expected in recent years would support market growth throughout the assessment period, bringing the required expertise and reducing the overall cost of organic semiconductors.
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Market Players
Players leading the organic semiconductor market include Bayer AG (Germany), BASF SE (Germany), Koninklijke Philips N.V. (Netherlands), Novaled GmbH (Germany), Merck Co. (US), Samsung (South Korea), LG (South Korea), Sony Corporation (Japan), Universal Display Corporation (US), Dupont (US), Sumitomo Corporation (Japan), AU Optronics (Taiwan), Toyota Riken (Japan), and Sigma-Aldrich (US), among others.