TMCnet News
Organic Electronics Will Be a $30 Billion Business in 2015 Mainly Due to Logic, Displays and LightingDUBLIN, Ireland --(Business Wire)-- April 27, 2006 -- Research and Markets (http://www.researchandmarkets.com/reports/c21432) has announced the addition of Organic Electronics Forecasts, Players, and Opportunities to their offering. The global market for organic electronics and electrics will rise from $650 million in 2005 to $30 billion in 2015, according to this brand-new report. Organic electronics involves thin film transistors and displays for electronic products, where the key component is organic and all parts are expected to be organic in due course. It cannot be understood on this narrow basis, however, because we now have organic lasers, fuel cells, batteries, photo detectors and much more besides, with every prospect that they will be co-deposited using similar inks at high speeds on similar, or the same, equipment. That means lower cost electronics and electrics, with greater reliability due to fewer interconnects and improved tolerance of damage. But the big picture also involves the replacement of most lighting with slimmer, flexible organic alternatives with lower costs and better environmental credentials. The big picture has to involve a twenty year timeframe because some of this will take a long time. Uniquely, this report encompasses all applications and that vital, long timeframe. Developers of inks, printing equipment and processes can now see the full scope of their opportunity. It's already established that organic electronics will be a $30 billion business in 2015 mainly due to logic, displays and lighting. It will be a $250 billion business in 2025, with at least ten billion dollars sales from logic/ memory, OLED displays for electronic products, OLED billboard, signage etc, non-emissive organic displays, OLED lighting, batteries and photovoltaics, with sensors almost at that level. And almost all of these products will be printed, flexible, laminar constructions using the same or similar processes. Important other products such as laminar organic fuel cells and organic electrostatic and RF protection are also in the forecasts. The report also analyzes territorial trends and partnerships. Contrary to popular opinion, it was also found that much of the new organic market will be newly created and not replacing anything electronic. Where existing electronic and electric products are impacted, the extent will be varied. Examples of needs by different industries and case studies are given. There are few other technologies that will have such an impact on industry in the next twenty years. Organic electronics in the form of smart packaging, electronic billboards, posters, signage and electronic books will impact the conventional printing and publishing industry. Organic lighting will severely dent sales of both incandescent and fluorescent lighting in the second decade from now. For more information visit http://www.researchandmarkets.com/reports/c21432 |
