The miraculous growth rate of organic electronics industry

In today’s digital age, the electronics industry is growing rapidly and organic electronics is one of the fields that is considered promising for the future. With continuous technological innovations being introduced, the green electronics industry is gaining increasing attention and investment. The Asia Pacific region is considered one of the potential markets for this industry, promising to bring great development opportunities for businesses and companies producing in this field. In this article, we will explore this electronics industry and its development opportunities.

1. What is Organic Electronics?

1.1. Definition

Organic electronics (Ordinary materials) is evaluated as a field in materials science and electronic engineering that involves the use of organic source materials, such as polymers and organic molecules, to create electronic devices. Organic materials used in electronic devices are typically flexible, lightweight, and versatile, allowing for convenient and efficient production and usage compared to traditional devices.

Green electronics products include devices such as organic light-emitting diode (OLED) displays, flexible batteries, organic transistors, organic sensors, and data storage devices. Organic materials used to create these devices are typically flexible, durable, thin, and lightweight, helping to optimize performance and energy efficiency.

One of the key technical trends for the future mentioned here as organic electronics, is a thriving area of research and development. There is potential to alter how this method can be used and conserved energy in daily life in various applications including solar energy, air conditioning, and LED lighting.

1.2. Examples of Organic Electronics Products, Technologies, and Applications

Examples of organic electronics items, innovations, as well as applications include:

• OLED (organic light-emitting diode) is a display technology that utilizes organic materials to generate light. Devices that use this technology include televisions, mobile phones, tablets, smartwatches, LED lights, and others.
• Solar cells are organic photovoltaic cells made from materials of organic origin that are used to convert solar energy into electrical energy.
• Sensors are organic sensors used to monitor and detect gases, vapors, and chemicals in the environment, and can be applied in fields such as healthcare, environment, and industry.
• Smart packaging is intelligent packaging produced from organic materials that can detect and monitor the quality and safety of food, beverages, and pharmaceuticals.
• Printed electronics is a technique for printing electronic components directly onto the surface of materials such as paper, plastic, and others. This technology can be used to manufacture devices such as sensors, displays, printed circuits, and others.
• Wearables are devices made from organic and advanced materials such as sensors, LED lights, and batteries, and can be used in applications such as smartwatches, bracelets, and others.
• Flexible electronics is a technology that produces soft electronic devices that can bend and stretch. This technology can be applied in applications such as smart packaging, medical sensors, and smartwatches.

2. Overview of Organic Electronics Industry

2.1. Market Overview

Organic electronics refers to a rapidly developing field of technology that has gained significant momentum in recent years. In which, green electronics is known as a type of electronics that leverage the organically derived resources to produce many types of electronic components and devices. As a result, these ordinary materials seem to be able to become more and more eco-friendly than traditional models.

2.2. Industry growth

The organic electronics market is one of the fastest-growing markets in the technology industry. According to a MarketsandMarkets report, the manufacturing sector is highly expected to reach $142.1 billion by 2024, with an annual growth rate of approximately 15.4% from 2019.

The main applications of green electronics are not only in the consumer electronics, healthcare electronics, solar energy, electronic components, and sensors industries. But these organic electronics also tend to be applied in lots of other fields such as electronic components, energy electronics, LED lighting, displays, sensors, printers, electronic boards, etc.

The key markets for the industry are the Asia-Pacific, North America, and Europe regions. Among them, the Asia-Pacific market is the largest, accounting for more than 40% of the global market share, led by China, South Korea, Japan, and Taiwan.

2.3. Some highlights of organic electronics

Some of the highlights of organic electronics include:

• Flexibility: Organic items are designed to be produced in tiny and flexible forms, allowing them to be used in various applications such as flexible electronics, medical devices, consumer electronics, etc.
• Energy efficiency: Green electronics devices can use less energy than traditional electronic devices, helping to save energy and reduce negative impacts on the environment.
• Environmentally friendly: Ordinary materials are produced from renewable sources to become more environmentally friendly, helping to reduce the impact on the environment and decrease electronic waste.
• Advanced manufacturing technology: To produce electrical devices, the organic electronics sector employs sophisticated manufacturing methods including flexible printing, direct surface printing, and wafer fabrication.
• Diverse applications: Green electronics are utilized in a variety of industries, including display screens, consumer electronics, LED lighting, medical equipment, renewable energy, etc.

3. Potential opportunities of Asia-Pacific markets

Asia-Pacific is considered as one of the potential markets for the organic electronics industry, especially in the area of green electronics as well as ordinary materials adoption. The region holds a significant market share in this industry worldwide, particularly in countries such as Japan, South Korea, and China.

This is one of the fastest-growing industries in the Asia-Pacific region in recent years. According to a report by Frost & Sullivan, the green electronics market in the Asia-Pacific region is projected to have an average annual growth rate of 22.6% from 2018 to 2023.

Given the potential growth of the electronics market in this area, Vietnam’s electronics producers and businesses may view it as a good chance to increase their market share. Additionally helping Vietnam achieve its environmental preservation objectives via the exploration of sustainably obtained raw ingredients in organic electronic devices.

4. NEPCON 2023 – “Electronics Industry Innovation Trends – The Future of Global Supply Chains”

4.1. About NEPCON 2023

The 2023 NEPCON Expo will take place in Vietnam in 2023 and is a significant event for the electronics sector. The foremost specialists and cutting-edge electronics technology are located here.

The electronics industry is expecting to present more prospects for growth thanks to NEPCON 2023, which will assist firms and organizations in the sector in learning about technical advancements, following market trends, and more. NEPCON 2023 thus creates an attractive opportunity to assist electronics producers in learning about new trends, and practical solutions, improving goods, and enhancing market rivalry through product demos, seminars, debates, and business workshops.

NEPCON 2023 also promises to open up new possibilities for business collaboration and fortify commercial relations thanks to the presence of top electronics specialists and manufacturers in the area. Particularly, the event will give investors and financial experts the chance to learn more about the Vietnam electronics market’s investment possibilities.

With its large scale and the participation of many representatives in the electronics industry, the 2023 NEPCON Expo is anticipated to be a significant and alluring event for electronics companies and manufacturers in Vietnam and the Asia Pacific area.

4.2. Join NEPCON 2024 to take more evaluations of technology advancements, remain current on industry trends, and explore career prospects.

The NEPCON Expo 2024 is an important event held in Vietnam with the theme “Electronics Industry Innovation Trends – The Future of Global Supply Chain”. This is a fantastic chance for producers, companies, and industry experts in the organic electronics sector to stay current on technology advancements, market trends, and industry growth prospects.

The “miraculous” expansion of the green electronics sector is one of its highlights. This electronics business is becoming one of the most important segments of the global economy thanks to its extensive uses in industries including solar energy, consumer electronics, automotive, and medical. All of the participants will get the chance to learn more about the industry’s growth potential accompanied by alluring investment options in the future by taking part in NEPCON. Join us to stay on the cutting edge and utilize the capabilities of organic electronics!

Wrapping Up

This article has provided an overview of the organic electronics industry and the technological advancements in this field. It has been highlighted that the Asia Pacific region presents significant growth potential for this industry and attending the NEPCON Expo 2023 would be a valuable opportunity to remain abreast of the latest technological trends and innovations. The organic electronics industry is projected to maintain a robust growth trajectory in the future.

Individuals who are interested in staying up to date with the technological trends and advancements in this industry are encouraged to attend NEPCON 2024, which is a significant electronics industry event held in Hanoi and Ho Chi Minh City. This industrial and technological exhibition offers an excellent opportunity to explore the potential opportunities for growth and development in the electronics industry, as well as to interact with industry-leading manufacturers and experts. Register right now to be a part of this promising event!