Organic Semiconductor Market Highlights:
The Global Organic Semiconductor Market is expected to grow from USD 53.3 billion in 2018 to USD 179.4 Billion by 2024, at a compound annual growth rate (CAGR) of 22.4% during the forecast period.

Organic semiconductors are biodegradable materials which are lightweight, flexible, affordable, and posses easily adjustable electronic characteristics that can be set by chemical tuning. Organic semiconductors are used in organic light emitting diodes (OLED) displays, organic radio frequency identification devices (RFID), solar cells, printed batteries, among others. OLED displays are used in TVs, laptops, and tablets.

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Major Key Players:
The key players in the organic semiconductor market are BASF SE (Germany), Bayer AG (Germany), Koninklijke Philips N.V. (Netherlands), Merck & Co. (US), Novaled GmbH (Germany), Samsung (South Korea), Sony Corporation (Japan), LG (South Korea), Universal Display Corporation (US), Sumitomo Corporation (Japan).

Regional Analysis:
The global market for Organic Semiconductor Market is estimated to grow at a significant rate during the forecast period from 2019 to 2024. The geographical analysis of organic semiconductor market is done for North America, Europe, Asia-Pacific, Middle East and Africa, Central and South America.

Asia-Pacific accounts for the largest market share in the organic semiconductor market as the countries such as Japan, Taiwan, China, and South Korea are investing a huge sum of money in the R&D activities for organic electronics. Japan has set up several research centers to conduct research on organic semiconductors. Also, the presence of major companies such as Samsung (South Korea), Sony Corporation (Japan), LG (South Korea), Sumitomo Corporation (Japan) is fueling the growth in this region.

North America holds the second-largest share of the organic semiconductor market due to the presence of advanced infrastructure. Europe is also investing significantly in the growth of organic semiconductor in this region. Here, companies such as BASF SE (Germany), Bayer AG (Germany), Koninklijke Philips N.V. (Netherlands), Novaled GmbH (Germany) are contributing to the growth of the market.

Segmentation:
The organic semiconductor market has been segmented on the basis of type, application, and region.
• On the basis of type, the market has been segmented into polyethylene, polyaromatic ring, and copolymer.
• By application, the market has been segmented into system component, organic photovoltaic (OPV), OLED lighting, printed batteries, organic RFID tags, and display applications.
• By region, the market has been segmented into North America, Europe, Asia-Pacific, Middle East, and Africa, Central and South America.

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Intended Audience:
• Original Equipment manufacturers (OEMs)
• Consumer Electronics manufacturers
• Raw Material Suppliers
• Technology standards organizations
• Investors and consultants
• System Integrators
• Government Organizations
• Research/Consultancy firms
• Technology solution providers
• IT Solution Providers

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