Technology

Organic Electronics Market Size to Grow USD 111870 Million by 2030 at a CAGR of 16.4% | Valuates Reports

Published

3 months ago

July 5, 2024

BANGALORE, India, July 5, 2024 /PRNewswire/ — Organic Electronics Market is Segmented by Type (Semiconductor, Conductive, Dielectric, Substrate, Others), by Application (Battery, Conductive Ink, Display, Sensor, Others): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The global Organic Electronics market was valued at USD 38270 million in 2023 and is anticipated to reach USD 111870 million by 2030, witnessing a CAGR of 16.4% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Organic Electronics Market:

The expanding use of organic light-emitting diodes (OLEDs) in displays and lighting solutions, advances in materials science, and consumer desire for flexible and lightweight electronics are some of the major reasons propelling the organic electronics industry. Advancements in conductive polymers, tiny molecules, and organic semiconductors are improving device performance and opening up new applications in wearable technology, consumer electronics, and healthcare. Furthermore, as organic electronics frequently consume less energy and materials than conventional inorganic electronics, the industry gains from the increased focus on environmentally friendly and sustainable technology. The market for organic electronics is expanding due in part to encouraging regulatory frameworks and rising R&D spending.

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TRENDS INFLUENCING THE GROWTH OF THE ORGANIC ELECTRONICS MARKET

An important factor propelling the expansion of the organic electronics industry is the usage of organic semiconductors in displays. These materials make it possible to create cutting-edge display technologies like Organic Light Emitting Diodes (OLEDs), which outperform conventional displays in terms of color contrast, flexibility, and energy efficiency. The market is growing because there is a growing need for flexible, lightweight, and high-quality displays for consumer devices like TVs, tablets, and smartphones. Furthermore, the market for organic electronics is expanding at a faster rate due to the increasing use of OLED technology in a variety of applications, such as car displays and wearable technologies.

Since organic conductive materials retain their flexibility and lightweight characteristics while offering the electrical conductivity required for a variety of devices, they are critical to the growth of the organic electronics sector. Organic photovoltaics, organic light-emitting diodes (OLEDs), and flexible electronic circuits are just a few of the many uses for these materials. The creation of innovative and affordable conductive materials promotes the advancement of next-generation electrical gadgets. Utilizing the advantages of organic conductive materials, the growing consumer desire for flexible, wearable, and sustainable electronics is propelling the organic electronics market’s notable expansion.

Because they improve the performance and act as an insulator for electronic devices, organic dielectrics are essential to the expansion of the organic electronics industry. These substances contribute to increased device lifetime and efficiency in organic photovoltaics, flexible displays, and organic field-effect transistors (OFETs). Organic dielectrics’ special qualities—such as their flexibility, light weight, and suitability for low-cost manufacturing techniques—help to promote the creation of cutting-edge and environmentally friendly electronics. Organic dielectrics are playing a bigger role in the growth of the organic electronics market as the need for cutting-edge, environmentally friendly electronics keeps rising.

Because they make it possible to create flexible, lightweight, and affordable electronic components, organic conductive inks are a major factor in the expansion of the organic electronics sector. These inks provide notable benefits in terms of manufacturing efficiency and design flexibility and are utilized in a variety of applications, such as printed electronics, flexible displays, and smart fabrics. New possibilities for creative electrical devices arise from the ability to print electronic circuits and components directly onto a variety of surfaces. The market for organic electronics is expanding at a faster rate due to the increasing need for wearable electronics, smart packaging, and other applications that need flexible and sustainable solutions. These applications are driving the adoption of organic conductive inks.

The market for organic electronics is being driven in large part by the increasing popularity of wearable technologies. Smartwatches, health monitors, and fitness trackers are examples of wearable electronics that profit from the flexibility and low weight of organic electronics. These gadgets are becoming more and more popular among consumers as a convenient way to check their fitness and health. The market for organic electronics is being driven by the trend toward linked and tailored health solutions, which is driving demand for cutting-edge wearable electronics.

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ORGANIC ELECTRONICS MARKET SHARE ANALYSIS

Because of its substantial investments in research and development as well as its sophisticated technical infrastructure, North America leads the world market for organic electronics. The existence of significant electronics corporations and educational establishments stimulates creativity and the uptake of organic electronics. The robust consumer electronics industry in the area, especially in the US, fosters the expansion of organic photovoltaics (OPVs) and organic light-emitting diodes (OLEDs). Government financing and initiatives for sustainable technology also play a part in the market’s growth in North America.

Key Players:

BASF AGEvonikH.C. StarckBayer Materialscience AGDowDuPontKGaAKoninklijke Philips N VLG DisplayNovaled AGSamsung DisplaySony CorporationSumitomo CorporationUniversal Display CorporationAU Optronics Corporation

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DISCOVER MORE INSIGHTS: EXPLORE SIMILAR REPORTS!

– Organic Electronics Conductive Material Market

– Personal/Consumer Electronics Market

– Biodegradable Electronics Market

– The biodegradable batteries market was valued at USD 140.00 million in 2021, and is estimated to reach USD 406.7 million by 2031, growing at a CAGR of 11.3% from 2022 to 2031.

– The global Self-Healing Materials market was valued at USD 121.1 million in 2023 and is anticipated to reach USD 644.2 million by 2030, witnessing a CAGR of 26.5% during the forecast period 2024-2030.

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– Industrial Electronics Market

– The global Active and Passive Electronic Component market was valued at USD 455720 million in 2023 and is anticipated to reach USD 634980 million by 2030, witnessing a CAGR of 5.3% during the forecast period 2024-2030.

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– The global Electronics Access Control System market was valued at USD 25400 million in 2023 and is anticipated to reach USD 34550 million by 2030, witnessing a CAGR of 4.4% during the forecast period 2024-2030.

– The global High-Temperature Electronic market size is expected to reach USD 5233 million by 2029, growing at a CAGR of 7.0% from 2023 to 2029.

– The global Printed Electronics Devices and Material market was valued at USD 569 million in 2023 and is anticipated to reach USD 857.7 million by 2030, witnessing a CAGR of 6.8% during the forecast period 2024-2030.

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– The global Passive Electronic Components market was valued at USD 37400 million in 2023 and is anticipated to reach USD 69750 million by 2030, witnessing a CAGR of 9.2% during the forecast period 2024-2030.

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– The global market for Electronics Manufacturing Services (EMS) was estimated to be worth USD 509100 million in 2023 and is forecast to a readjusted size of USD 735390 million by 2030 with a CAGR of 4.8% during the forecast period 2024-2030.

– Dielectric Materials Market

– The global Dielectric Resonator market was valued at USD 707 million in 2023 and is anticipated to reach USD 435.7 million by 2030, witnessing a CAGR of -6.6% during the forecast period 2024-2030.

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– Organic Electronics Conductive Material Market

– The global Silicone Thermal Conductive Sheet market was valued at USD 10210 million in 2023 and is anticipated to reach USD 13670 million by 2030, witnessing a CAGR of 4.3% during the forecast period 2024-2030.

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– The global Electronic Thermal Conductive Potting Compound market is projected to reach USD 9486.6 million in 2029, increasing from USD 6105 million in 2022, with the CAGR of 7.3% during the period of 2023 to 2029.

– The global market for Electronic Paste was estimated to be worth USD 5026.3 million in 2023 and is forecast to a readjusted size of USD 9967.9 million by 2030 with a CAGR of 9.3% during the forecast period 2024-2030.

– Stretchable Conductive Silver Ink Market

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– Conductive Atomized Powder Market

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Technology

The Ar-King of Spirits: Ed Arking’s Impact on the Liquor Industry

Published

18 mins ago

September 21, 2024

In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

MOORESTOWN, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — Served Neat is an emerging online platform with a curated selection of some of the world’s most popular luxury spirits. The website offers daily flash deals that highlight a variety of high-end international brands including Pappy Van Winkle, Buffalo Trace, Clase Azul, and more.

“While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Ed and Joe Arking, the father-son team behind the concept of Served Neat, have decades of experience hand-selecting and supplying sought-after liquors. Ed Arking, CEO of New Jersey’s Roger Wilco, grew up in the world of wine and spirits and formed his own business aspirations.

“Growing up, I watched my father navigate and succeed in the ever-evolving wine and spirits industry,” Ed explains. “While I always aspired to create something similar, I knew I needed to wait for the right moment.” Ed has gone on to manage his own liquor store and lead projects for up-and-coming brands, such as the vodka-infused and non-carbonated Smooth Water.

As he evolved in his career, Ed discovered the perfect time to make his lifelong vision a reality. He recalls, “I noticed a gap in the market—especially for whiskey and tequila. These categories have surged in popularity, making it difficult for the everyday consumer to find those elusive sought-after allocated bottles.”

When it comes to Served Neat, quality and knowledge is key. Ed adds, “While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Served Neat is the sister company to WTSO and The Wine Market, two online platforms dedicated to sourcing and distributing top-notch wines from every corner of the globe.

At The Wine Market, an online marketplace for the world’s most popular wine brands, convenience and quality are key. Each bottle in their curated collection is a testament to exceptional flavor and craftsmanship.

Since 2006, WTSO has enjoyed creating a unique wine experience and sharing it with new beginners and seasoned connoisseurs alike. Using an extensive network of wineries and wine makers, WTSO connects customers to thousands of brands from top wine appellations around the globe. The strong relationships they’ve formed within the wine world allow the business to deliver authentic and high-quality bottles to homes across the United States.

Wine and spirits lovers alike are invited to explore Served Neat, WTSO, and The Wine Market to find their next favorite bottle. Visit their websites to learn more about these one-of-a-kind online marketplaces!

Media Contact

Julie Blount, WTSO, 1 8669572795, marketing@wtso.com

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SOURCE WTSO

Technology

Compete for $150K Prizes: Join Spatial Joy 2024 The Global AR Application Development Championship

Published

1 hour ago

September 21, 2024

HANGZHOU, China, Sept. 21, 2024 /PRNewswire/ — Spatial Joy 2024 The Global AR Application Development Championship is now open for registration! Organized by Rokid, a global leader in human-computer interaction through augmented reality, this championship invites AR developers globally to harness voice, gesture, and visual AI technologies to create groundbreaking AR experiences. Powered by the self-developed YodaOS-Master operating system, Rokid AR glasses deliver exceptional spatial computing performance.

What is Spatial Joy 2024 about？
In September 2022, Rokid kicked off its first AR Application Development Championship. The second championship, held last year in collaboration with Unity and Agora, quickly established itself as the largest AR application development event in China. As Rokid celebrates its 10th anniversary this year, we are excited to present “Spatial Joy,” our newly branded global championship, open to developers worldwide for the first time, and positioned as the flagship event in the AR industry.

Why join Spatial Joy 2024?

Compete for a $150,000 prize poolFree access to Rokid AR Lite or Rokid AR studioDiscounted rates on purchasing Rokid productsFree participationTechnical support from Unity and AgoraInternational exposure within the AR industryOpportunity to attend the award ceremony in China

Who can participant?
The championship is open to global AR developers of all levels, including students, independent developers, teams, and professionals across sectors such as healthcare, retail, education, gaming, entertainment, lifestyle, and more.

How to register?
Detailed registration guidelines and requirements are available online at [https://t.rokid.com/iwvwcxkn]. Developers can register and submit their projects through Rokid official website at [www.global.rokid.com].

Spatial Joy 2024 Timeline:

Registration Deadline: October 16, 2024Final Project Submission Deadline: November 15, 2024Finalists Announcement: December 27, 2024Award Ceremony: January 11, 2025

About Organizer
Rokid has expanded its global presence, making notable progress in key markets across North America, Europe, and Asia, including a successful campaign on Kickstarter. With a decade of expertise, Rokid has revolutionized AR technology, transforming how users interact with both digital and physical environments.

Join us in shaping the future of AR with Rokid – enter Spatial Joy 2024 The Global AR Application Development Championship Now!

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SOURCE Rokid

Technology

Summit of Whose Future? Girls Have the Answers: Leaders Must Listen

Published

3 hours ago

September 21, 2024

Young Women Activists Launch “What Girls Want,” Demand World Leaders Put Girls at the Center of Summit of the Future

NEW YORK, Sept. 21, 2024 /PRNewswire/ — Today in New York, more than 50 young women from around the world – including Nobel Prize Laureate Malala Yousafzai – gathered to take government to task for failing to prioritize girls and young women in the upcoming Summit of the Future. The group is backed by acoalition of girl-centered non-profit organizations, institutions, and funds who synthesized the demands of girls at www.whatgirlswant.com.

At a demonstration near the UN, alongside life-size cutouts of world leaders dressed ironically as “girl experts”, the activists delivered a strong message: world leaders aren’t the experts on what girls want for their futures – girls are.

Eylül Erçin, 19, from Türkiye, shared: “The time has passed for girls and young women to be treated as mere afterthoughts. Leaders must include us in the foundational design of these processes, ensuring that our priorities are integrated into shaping the future we will inherit. Anything less is unacceptable.”

Today’s event is about more than calling out a process failure. Girls i from around the world delivered a forward-looking call to action this week. They expect governments, institutions, and community leaders to step up and help shape a more equitable future.

Alongside fellow activists, Malala said: “Even at 27, I know better than to assume I understand best what girls want. Everywhere I go, girls are eager to share their vision for their futures. As adults, it is our job to listen, fund their work and follow their lead. It is not too late for world leaders to do right by girls. They can start by prioritizing their demands in tomorrow’s final Summit deliberations and by investing resources to match their words.”

The evidence is clear: investing in girls and delivering on their rights transforms economies, societies, and the environment, advancing the SDGs and building a future that girls deserve.

About What Girls Want

This effort was produced by a collaboration of girl-centered organizations, institutions, funders, and allies. The campaign is anchored around work to collate insights, data, and stories from 20+ public consultations with girls and young women over the past decade, driven by a shared desire to center girls’ demands in spaces where they are being ignored.

Contact:

whatgirlswantpress@gmail.com

nate.powers@edelman.com

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