Printed, flexible and organic electronics will enjoy a solid growth over the next decade says IDTechEx
May 21, 2013 // Julien Happich
In its latest report on printed, flexible and organic electronics, IDTechEx expects the total market for these technologies to grow from USD16.04 billion in 2013 to USD76.79 billion in 2023, in effect showing a healthy 15% compounded annual growth rate over the next decade.
A snapshot view of the technologies, development time, 2013 market size and general sector profitability and short term growth is shown below.
Table 1. State of commercialization of printed, organic and flexible electronics in 2013.
Source: Printed, Organic & Flexible Electronics: Forecasts, Players & Opportunities 2013-2023. Note that in some cases above the value of the film is included and not the module value see the report for more detail.
Billion-dollar sale successes
So far there have been three billion-dollar sales successes; OLEDs, e-paper and conductive ink. OLEDs are seeing continual adoption in cellphones and OLED TV sales have begun this year. IDTechEx see much movement in the display sector, as panel makers try and distance themselves from losses in the LCD industry, caused by new competition from China, and seek to differentiate. The landscape will change with some East Asian countries potentially unable to afford extensive R&D in OLEDs such as Taiwan and new entrants, such as China. E-paper sales have declined as e-reader sales have declined. To reach that sales peak again new markets are being explored as is colour, video capable bistable displays.
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