Organic electronics

Electronics (Global Market)

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2024: Global Organic Electronics Market Size Reaches $61.85 Billion for the Year

In 2024, expenditures on the global organic electronics market amounted to $61.85 billion. More than half of this amount was in the Asia-Pacific region. Such data are provided in a Fortune Business Insights study, the results of which were published on November 4, 2025.

Organic electronics are based on organic (carbon-containing) materials. Compared to conventional silicon products, such products provide a number of advantages. In particular, it becomes possible to provide thin and flexible devices that can be folded or folded. These can be, for example, twisting displays, flexible solar panels, smart packaging and disposable diagnostic devices. In addition, the use of organic components reduces the cost of production. Organic materials provide additional opportunities in terms of innovation, including the direction of biodegradable devices.

One of the main drivers of the analytics market is called artificial intelligence. Neural networks are capable of analyzing huge amounts of information at high speed, helping in the search for promising materials of the next generation. AI-based simulations allow researchers to predict the molecular properties of compounds and optimize the structures of organic semiconductors. This approach provides an opportunity to accelerate product development, reduce costs and gain a competitive advantage in a rapidly changing market. By integrating AI technologies into design processes, manufacturers can respond more quickly to industry needs by developing flexible electronics with the required characteristics.

The development of the industry is also facilitated by the wider use of organic electronics. We are talking, in particular, about displays with organic LEDs (OLEDs). Such panels are used in smartphones, TVs, etc. The main advantages of OLED screens are deep black, high contrast, wide viewing angles and high-quality color reproduction. Such displays have a small thickness due to the absence of a backlight layer and the use of thin plastic substrates.

The negative impact on the market is exerted by the formed geopolitical situation, changes in tariffs and disruption of the stability of supply chains. The increase in duties can lead to increased production costs and restrictions on cross-border sales opportunities, which will especially affect suppliers from the Asia-Pacific region.

In terms of organic electronics applications, the market is segmented into consumer, automotive, power, healthcare and other sectors (aerospace and defense, etc.). In 2024, the lion's share of revenue was provided by the first of the listed areas - approximately 68%. Geographically, Asia-Pacific dominates, accounting for about 51.2% of sales in monetary terms, or $31.64 billion. Major industry players on a global scale are:

• MercK KGaA;
• Basf SE;
• Convestro AG;
• DuPont;
• Universal Display;
• Samsung Display;
• LG Display;
• Sony;
• Sumitomo Chemical;
• AUO;
• Tianma Microelectronics;
• BOE Technology Group;
• Visionox;
• Japan Display;
• Idemitsu Kosan.

In 2025, the organic electronics market is expected to reach $73.62 billion. Fortune Business Insights analysts believe that in the future, the CAGR will be 20.21%. Thus, by 2032, costs may increase to $267 billion.^[1]

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