Organic Electronics - A US$30 Billion Business in 2015
14.07.2005 / 09:26 / Rubriek: Informatief / Organisatie: Idtechex
Organic Electronics - A US$30 Billion Business in 2015
CAMBRIDGE, England, July 14/PRNewswire/ --
New research by IDTechEx finds that organic electronics will be a US$30 billion business by 2015 mainly due to logic/memory, displays and lighting. The report, entitled 'Organic Electronics Forecasts, Players & Opportunities 2005-2025' indicates that this could rise to US$250 billion by 2025, with major sales from logic/memory; OLED displays for electronic products; OLED billboard and signage; non-emissive organic displays; as well as lighting, batteries and photovoltaics.
Almost all of these products will be flexible, laminar constructions which are printed using the same or similar processes.
The new electronics toolkit
Organic electronics involves thin film transistors and displays for electronic products. However, it also operates on a larger platform as there are now organic lasers, fuel cells, batteries, photo-detectors and much more besides, with the prospect that they will be co-deposited using similar inks at high speeds on similar, or the same, equipment. This means lower cost electronics and electrics, with greater reliability due to fewer interconnects and improved damage resistance.
Uniquely, IDTechEx's research encompasses all applications and a twenty year timeframe because development can take a long time.
'We have tried to avoid the over optimism of many surveys in the past,' says the report's primary author, Dr Peter Harrop. 'Progress is exponential, not linear, and, by 2025, the business will rival silicon chips in size - yet, oddly, not impacting silicon chip sales much at all.'
Surprises and opportunities
IDTechEx see a big mismatch between evolving market needs and potential suppliers and their progress. Contrary to popular opinion, IDTechEx finds that much of the new organic market will be newly created. Where existing electronic and electric products are impacted, the extent will be varied. Examples and case studies of needs by different industries are provided.
IDTechEx believe that few other technologies 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.
Developers of inks, printing equipment and processes can now see the full scope of their opportunity. For all the forecasts to help your business read the brand new IDTechEx report 'Organic Electronics Forecasts, Players and Opportunities 2005-2025' available from www.idtechex.com.
Source: IDTechEx Ltd
Corinne Jennings, c.jennings@idtechex.com, Tel: +44-(0)1223-813703