Global Organic TFT Market : Industry Analysis and forecastPosted by shankar on December 19th, 2020 Global Organic TFT Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at xx % through 2020 to 2027, reaching US$ XX Mn. The report has covered Country market trends with a competitive landscape. Global Organic TFT Market Overview: An organic TFT (thin film transistor) based device modeling and circuit application consists of semiconductors used in electronic devices for rich colors, bright displays, quick response, and readable in ambient light. OTFT is widely used in flat-panel displays found in computers, televisions, smartphones, and laptops. The rise of usage of electronic devices is growing day by day to implement electronic workflow processes and integration of business systems across the organizations. The businesses are adopting digitalization and automation that results in providing better revenue value-producing opportunities. With the rising of digital technologies the increasing demand for growing usage of speed internet, social media, smartphones for amongst businesses for accessing media and files from any system will play prominent role in the growth of organic TFT market. With the proliferation of mobile applications, organizations are in a need to monitor the version, protection, and data of the applications. The exponential rise of mobile devices enables the users to work in an organized operability, efficient manner and delivers the customer experience flawlessly. The rapid adoption of IoT and cloud computing technologies will witness to create lucrative opportunities for market over the forecast period. The continuous increase in the number of usable organic molecules with properties such as semiconductive or insulating and conductive, gives more versatility to electronic technology. OTFT demand is expected to increase globally over the next four to five years due to its fewer prices & less power consumption, better response time, compact size, reduced weight amongst others. The collaboration between the smartphone manufacturers, chipset providers and telecommunication providers will help in the acceleration of commercial OTFT applications. The 5G smartphone manufacturers are focusing on indirect sales channels for the increasing unit sales. Also, prominent players such as Samsung and BOE Technology Group Co., Ltd are aggressively pursuing the midrange smart TV segment to increase its market penetration amongst the middle and upper echelons of the society. Limited availability of high-resolution TFTs for specialized applications and high manufacturing costs are some of the factors hindering market growth. Based on product Organic TFT market is segmented by AMOLED, electronic paper display, liquid crystal display and others. AMOLED dominated Organic TFT market due to the rising demand across various applications such as malls & shopping centers, stadiums, corporates, hospitals, airports, railways station, individuals, buses and cars, etc. The growth witnessed in this segment is expected to positively influence the revenue of organic thin film transistor market during the forecast period. Based on application, smartphone & tablets is the leading segment to dominate the market during the forecast period due to the rising number of smartphones due to the advent of 5G technology pushing to the market growth. The key drivers are growing fast track digital data and enable to achieve insight into user behavior which motivates market development. The Organic TFT market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the presence of major players such as Olevia, Vizio, Spark Corporation with the advance technologies. The Asia Pacific region is projected to register the fastest growth rate in the target market due to surge in penetration of smartphones and digitalizing the infrastructure in the region. Competitive Landscape: The objective of the report is to present a comprehensive analysis of the Global Organic TFT Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Organic TFT Market dynamics, structure by analyzing the market segments and projects the Global Organic TFT Market size. Clear representation of competitive analysis of key players by Product, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Organic TFT Market make the report investor’s guide. Global Organic TFT Market, By Product • AMOLED • Smartphones & Tablets • North America • SHARP CORPORATION Like it? Share it! More by this author |