Organic Electronics Market Size

Organic Electronics Market size was valued at USD 68.09 billion in 2024 and is likely to cross USD 667.84 billion by 2037, expanding at more than 19.2% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of solar encapsulation is estimated at USD 78.55 billion.

Growing demand for organic semiconductors and organic light-emitting diodes (OLEDs) has boosted the need for the organic electronics market. Organic electronics are cost-effective, offer mechanical flexibility, and has the ability to chemically modify the electronic as compared to inorganic counterparts made from gallium arsenide and silicon. OLEDs are advanced and latest display technology used in televisions, mobile phones, laptops, and various other display-related electronics. For instance, in May 2024, at SID Display Week 2024, California, LG announced its next-gen OLED and advanced display technologies under the theme “A Better Future.” Owing to this, color expression accuracy is improved by 97% according to the DCI-P3 standard.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of solar encapsulation is estimated at USD 78.55 billion.

The organic electronics market size was valued at USD 68.09 billion in 2024 and is likely to cross USD 667.84 billion by 2037, expanding at more than 19.2% CAGR during the forecast period i.e., between 2025-2037. Growing demand for organic semiconductors and organic light-emitting diodes (OLEDs) will fuel the market growth.

Asia Pacific industry is likely to dominate majority revenue share of 47% by 2037, impelled by high demand for smartphones, wearable devices, and televisions in this region.

The major players in the market are Evonik, Heliatek, Merck KGaA, Sumitomo Corporation, LG Display Co., Ltd., Asahi Kasei Corporation, AU Optronics Corporation, Universal Display Corporation, BASF, and others.

Organic Electronics Market Size