According to analyst firm, Nanomarkets, LC, organic electronics are about to leave the lab and enter real-world applications. The market for products made from organic materials, such as organic LEDs, organic thin-film transistors, and other products made from organic materials will grow from $1.4 billion in 2007 to $19.7 billion by 2012, and then to $34.4 billion in revenues by 2014.
According to the reports findings, organic LED (OLED) displays, already a part of low-end MP3 players and cell phone sub-displays will expand and become part of the latest mobile electronics concepts including laptops and ultra-slim cell phones. OLED technology uses little power yet offers excellent video qualities. By 2012, the OLED industry including display, signage and lighting applications is expected to reach $10.8 billion.
Organic transistors are moving into RFID applications. In 2007 the market will see the first commercial organic RFID tags from firms such as Motorola, OrganicID and PolyIC. NanoMarkets believes that by 2012, the market for organic RFIDs will reach $4.5 billion. Organic transistors are also moving into display backplanes (in the Sony book reader, for example), which are expected to generate $1.6 billion in revenues by 2012 as well as in some toys and games. The market for toys, games and other novelties will reach about $1 billion by 2012.
The commercialization of organic electronics is leading to research into new kinds of materials. For example, small molecule materials promise larger and lower cost OLED displays and hybrid organic/inorganic materials will help expand the photovoltaic markets with lower cost solar panels and effective solar chargers for mobile electronics.
As the organic electronics business grows, equipment suppliers will be building specialist production equipment to serve the needs of this budding industry. For example, organic vapor deposition (OVPD) systems promise better performance and cost characteristics for organics than traditional vacuum deposition methods used in the semiconductor industry. Gen 7 ink-jet printers from firms such as Litrex will also pave the way to the rapid commercialization of organic electronics.
The $3000 report is available from NanoMarkets at www.nanomarkets.net.
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Filed Under: Factory automation, Materials • advanced