When devices will reach $100 Million
Over the next few years we see particularly strong growth of inorganic PV technologies beyond silicon and display front plane technologies. We see logic and memory components taking off as a hundred million dollar market from 2011/2012; batteries 2012 and OLED lighting from 2013/2014 achieving similar sizes. This is based on our research of progress of companies in these technology areas and our assessment of the technology development. By 2018 the market for all this new toolkit of electronics will be $46.94 Billion.
Market by territory
If we look at the market size by territory, IDTechEx find that most work is taking place in Europe, the USA and Japan. In many respects Europe is in the lead. For instance, the first printed electronics factories are appearing there. However, we note that the creation of new companies is low given the huge academic effort going on there. The USA is proving better at creating new companies. In East Asia while the number of organizations working on the topic is slightly less than the other two continents, it disguises the fact that those companies tend to be huge conglomerates.
By spend, we see that in 2008 56% of the market spend is in East Asia. This is because the biggest component - OLED display modules - are made there and bought by companies making devices, such as MP3 players. However, it disguises the fact that many of the devices are then sold to North America and Europe. Indeed some manufacturing will be moving to East Asia in due course but we also see a higher than expected market in Europe and USA given the dispersed manufacture capability of this new electronics.
Unique new report giving the big picture
For more information, read Printed & Organic Electronics Forecasts, Players & Opportunities 2008-2028. The report includes forecasts of markets by geographical region, component, organics versus inorganic, flexible/conformal and many other parameters. Realistic timescales and the emergence of new products are given, as are impediments and opportunities for the years to come. Statistics for activity in East Asia is given. What will be the split between organic, inorganic and composite solutions by year? It is all here, with activities of over 600 companies listed. See www.IDTechEx.com/pe for more details.