Organic and printed electronics shifts down a gear

March 14, 2018 // By Christoph Hammerschmidt
The organic and printed electronics industry has reduced its sales expectations. While last autumn, the members of the Organic and Printed Electronics Association (OE-A) were anticipating a growth of 9% for the year 2018, they currently expect only a growth of 7%, as shows an OE-A survey published at the LOPEC trade fair in Munich.

Despite the soewhat restrained expectations, the signs are still pointing to growth, emphasized OE-A chairman Jeremy Burroughes, who presented the survey. 87 % of the survey participants expect the industry to continue its positive development in the coming year. Within the scope of its half-yearly business climate survey, the OE-A surveys the mood of its international members - from material manufacturer to end user - in terms of sales, incoming orders, investments and employment.

“With forecast sales growth of 7%, 2018 will be a very successful year for OE-A members, even though growth will be 9 percentage points lower than in the last survey of autumn 2017,” Burroughes commented. "The companies await good and solid growth. However, it is understandable that at the beginning of the year, companies tend to be more cautious."


Optimism prevails: While the Organic and Printed Electronics Industry reduced
their sales revenue expectations for 2018 to 7% from 9%, the industry believes
in a return to former growth for 2019. 

The positive trend in the organic and printed electronics industry is predicted to continue in the year ahead. Sales are expected to grow by 8 % in 2019.

Thin, light and flexible are properties that distinguish organic and printed electronics. These advantages enable new applications in numerous areas. The target industries of the OE-A members are, for example, packaging, lighting, energy, medical technology and pharmaceuticals, but especially consumer electronics and the automotive industry. Electronics play an increasingly important role in the latter. Independent market research companies forecast that the value-added share of electronics in the automotive industry will rise to 50% by 2030.

“But now it is also the other way around and we see a clear "market pull": Existing products are optimized by the technology of printed electronics and new applications are made possible," Burroughes said.

 

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