Organic TFT Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
- Transparency Market Research
An organic field-effect transistor (OFET) is a field-effect transistor using an organic semiconductor in its channel. OFETs can be prepared either by vacuum evaporation of small molecules, by solution-casting of polymers or small molecules, or by mechanical transfer of a peeled single-crystalline organic layer onto a substrate. These devices have been developed to realize low-cost, large-area electronic products and biodegradable electronics. OFETs have been fabricated with various device geometries.
Organic thin-film transistor (OTFT) technology involves the use of organic semiconducting compounds in electronic components, notably computer displays. Such displays are bright, the colors are vivid, they provide fast response times, and they are easy to read in most ambient lighting environments.
Several factors have motivated engineers to conduct and continue research in organic semiconductor technology. One of these factors is cost. Organic displays are relatively cheap. Another factor that motivates research in OTFT technology is application diversity. Organic substrates allow for displays to be fabricated on flexible surfaces, rather than on rigid materials as is necessary in traditional TFT displays. A piece of flexible plastic might be coated with OTFT material and made into a display that can be handled like a paper document. Sets of such displays might be bundled, producing magazines or newspapers whose page contents can be varied periodically, or even animated. This has far-reaching ramifications. For example, comic book characters might move around the pages and speak audible words. More likely, such displays will find use in portable computers and communications systems.
The Organic TFT market has been segmented on the basis of material type, application and region. On the basis of material type the market has been segmented into semiconductor materials, conductive materials, dielectric materials and substrate materials. Conductive materials are further categorized into organic and inorganic materials. The application segment is further bifurcated into display, OLED lighting, organic photovoltaic, system components and others.
By region, the global Organic TFT market, has been segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA) and South America. As compared to other regions, the Organic TFT market in North America is expected to witness major growth and hold the largest market share during the forecast period. U.S and Canada are projected to drive the growth of Organic TFT market in this region due to the technological advancements in the field of communication. Another factor propelling the growth of the market in this region is the presence of leading players in this region. In APAC region the leading countries contributing to the growth of Organic TFT market are Japan, China, South Korea, India and Singapore. The market in APAC region is majorly driven by the considerable growth of small and medium sized enterprises in the market due to rising industrialization. Furthermore the trend of increase in number of people going to musical concerts and attaining grand parties is one of the major factor propelling the growth of the voice processor market in this region. Moreover, voice processor manufacturing organizations are focusing more on the emerging economies such as Bangladesh, India, China, Thailand and Malaysia as these countries hold the supreme potential of adoption of advanced technologies due to increasing industrialization.
The explosive growth in the number of players, mainly among component and product manufacturers and vast developments, are expected to take place over the next five years with the migration of established players from components manufacturers to this emerging organic electronics ecosystem, owing to the huge market size potential offered and the success of the organic electronics technology. Some of the major players in organic electronics market include, AU Optronics Corporation (Taiwan), BASF SE (Germany), Bayer MaterialScience AG (Germany), DuPont or E. I. du Pont de Nemours and Company (U.S.), LG Display (South Korea), Merck KGaA (Germany), Novaled GmbH (Germany), Koninklijke Philips N.V. (Philips) (The Netherlands), Samsung Display (South Korea), Sony Corporation (Japan), Sumitomo Corporation (Japan), Universal Display Corporation (U.S)
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The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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