OE-A predicts further growth for printed electronics
At the LOPEC trade show, the leading European event for organic and printed electronics, which takes place in Munich, Germany, the Organic Electronics Association (OE-A) has published its latest business climate survey as well as the sixth edition of its Roadmap. The OE-A Roadmap is updated biannually and represents the knowledge and opinions of the world’s leading printed and flexible electronics experts. It addresses technologies as well as applications in the areas of OLED lighting, organic photovoltaics (OPV), OLED and flexible displays, electronics and components, and integrated smart systems.
Hybrid systems are identified by the latest Roadmap as an important trend as they combine printed and silicon-based components. In the short and medium term, products that combine both technologies will increasingly contribute to establishing printed electronics in the market, claims the OE-A. Furthermore, important industry sectors such as healthcare, packaging, automotive, white goods and consumer electronics are already incorporating printed electronics and bringing products to the market. On the other hand, the Roadmap predicts products and systems that still require high development efforts and will be market-ready only in the long term, after 2023.
At the same time, the working group has published its third business climate survey, which predicts an increase in turnover of 11% for the industry. Moreover about 88% of the surveyed companies are expecting further growth for the printed electronics sector. Accordingly, one third of the companies want to increase its investment volume. One third of the surveyed entrepreneurs have also announced to hire more employees in the next six months.