Report Highlights
-
Total market volume for the major applications/products based on organic electrooptical materials is estimated to be $ 2.6 billion for 2005. BCC estimates that by 2011, it will reach a value of $10.5 billion, at an AAGR of 32.4%.
-
This impressive growth is a result of the increasing demand for OEOM’s two main applications (namely, displays and telecommunications) and the products associated with them. These will be described below.
-
The total 2005 market for organic-based displays is estimated to be $615 million. This accounts for about 24% of the total market, based on OEOM by 2005. By 2011, BCC estimates that the total market for organic-based displays will reach $3.1 billion (29% of the total market for products based on OEOM).
INTRODUCTION
This BCC Research report is the first of its kind to cover the emerging electro-optics industry based on organic and polymeric materials. It provides a detailed discussion of the market and an analysis of economic parameters such as market volumes, needs and opportunities, as well as future technological challenges. The report also analyzes current and future organic-based electro-optical devices and applications.
Photonic devices fabricated from organic and polymeric materials are gaining the recognition and attention of the electro-optical industrial community. As a result, organic- based devices are currently experiencing accelerated development efforts driven by the telecommunications, optical storage and display markets.
Fabricating organic materials into electro-optical devices has many advantages, as well as enormous information-age market potential. However, only now do these technologies appear to be reaching a critical mass as the next generation in several key technologies. Driving this trend are continuing and accelerating developments in both manufacturing process technology, including novel nano designs and fabrications, and new materials systems.
This unique study is directed to strategic planners, marketers, forecasters, product managers, new business developers and decision makers in companies that deal with materials and applications in the chemical and electro-optical industries.
SCOPE OF STUDY
This report:
- Investigates the current applications and future potential of organic and polymeric electro-optical devices
- Characterizes and analyzes current and future worldwide markets for the key existing and potential applications of organic-based electro-optics
- Analyzes the relative strengths and drawbacks of various products and applications
- Identifies and analyzes the major industrial players actively involved in various aspects of the field of organic-based electro-optics
- Identifies current major developments relating to materials used for electro-optical devices and systems
- Analyzes the technology, patents, and major research and development players in the field.
METHODOLOGY AND INFORMATION SOURCES
The analyses presented in this study are based on information derived from professional journals, technical literature, specific information and catalogs, and online sources. In addition, we conducted interviews with industry leaders and sources, mostly in the U.S. and Europe, and in some of the Pacific Rim countries, as well as with several researchers in leading universities in Europe and the U.S. We also analyzed available online and commercial sources that contained relevant financial and market information, and added our own assessments to that information.
In addition, we consulted BCC reports that we considered relevant to the present topic. BCC has conducted several studies in the field of electro-optics and optical materials. We think this report adds an additional dimension to reports already in existence, such as market-oriented technological analyses and forecasts of the dramatically increasing field of organic and polymeric-based electro-optics.
ABOUT THE AUTHOR
Dr. Ofra Kalisky has a Ph.D. in Physical Chemistry from the Hebrew University of Jerusalem and MSM (Master of Management Sciences) from Boston University. Dr Kalisky has 20 years experience with the markets, technologies and business developments in the fields of electro-optics, including: laser technologies, photonics, spectroscopy, as well as semiconductor materials and plastic additives. She is also a member of the department of Technological Marketing and Management in JCT. For BCC, Dr. Kalisky has conducted research on lasers and laser materials, no-linear optical materials, and organic materials for the photonics industry.
Report Highlights
-
Total market volume for the major applications/products based on organic electro-optical materials is estimated to be $4,524 million for 2001.
-
By 2006, this market is expected to reach a value of $38,429 million, while rising at an average annual growth rate (AAGR) of 53.4%.
-
Organic-based displays account for about 51% of the total market in 2001. While sales will rise at an AAGR of 52%, their share of the market will drop to 46% by 2006.
-
Telecommunications and photonics applications will rise at an AAGR of 55% through period, and will account for 51% of sales in 2006.
Related Reports
Recent Reports
Advanced Materials for Extreme Environments: Global Markets
The global market for advanced materials for extreme environments reached $3.2 billion in 2023. This market is expected to grow from $3.4 billion in 2024 to $4.5 billion by 2029, at a compound annual growth rate (CAGR) of 5.8% from 2024 to 2029.
Sustainable Fabrics: Global Markets
This report provides an overview of the global sustainable fabrics market and a detailed analysis of the market player’s products and strategies. It presents analyses of the global market based on material type, application and region. Using 2023 as the base year, the report provides market estimates for 2024 through 2029.
Advanced Materials for 3D Printing: Technologies and Global Markets
The global market for advanced materials for 3D printing is estimated to increase from $3.3 billion in 2023 to reach $8.6 billion by 2029, at a compound annual growth rate (CAGR) of 18.1% from 2024 through 2029.
Wire and Cable: Materials, Technologies and Global Markets
The global market for wire and cable is expected to grow from $254.0 billion in 2024 and is projected to reach $387.3 billion by the end of 2029, at a compound annual growth rate (CAGR) of 8.8% during the forecast period of 2024 to 2029.
Global Bio-based Composite Material Market
The global market for bio-based composite materials is estimated to increase from $5.9 billion in 2023 to reach $9.0 billion by 2029, at a compound annual growth rate (CAGR) of 7.4% from 2024 through 2029.
Top Trending Reports
Single-use Technologies for Biopharmaceuticals: Global Markets
The global market for single-use technologies for biopharmaceuticals is expected to grow from $6.5 billion in 2024 and is projected to reach $11.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 11.6% during the forecast period of 2024 to 2029.
Cell and Gene Therapy Tools, and Reagents: Global Markets
The global market for Cell and Gene Therapy (CGT) Tools and Reagents is estimated to increase from $10.0 billion in 2024 to reach $16.7 billion by 2029, at a compound annual growth rate (CAGR) of 10.8% from 2024 through 2029.
Global Market Opportunities and Competitive Landscape for CDMO
The global CDMO market was valued at $128.0 billion in 2023. This market is expected to grow from $136.6 billion in 2024 to $191.6 billion by the end of 2029, at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2029.
Chronic Disease Management: Therapeutics, Device Technologies and Global Markets
The global market for chronic disease management therapeutics and device technologies was valued at $675.0 billion in 2023. It is projected to grow from $726.3 billion in 2024 to $1.1 trillion by 2029, at a compound annual growth rate (CAGR) of 8.1% from 2024 through 2029.
Medical Devices Industry: Competitive Landscape
The global market for medical devices is estimated to increase from 810.4 billion in 2024 to reach $1.3 trillion by 2029, at a compound annual growth rate (CAGR) of 9.8% from 2024 through 2029.
Become A Member
BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.
Find Out MoreCustom Consulting
BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.
Customize NowScorecard
The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.
Find Out MoreInnovation Spotlight
Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.
Find Out More