Global Organic Field-effect Transistor (OFET) Market 2017-2021
About Organic Field-effect Transistor (OFET)
Field-effect transistors (FETs) are a class of transistors used for signal amplification. An FET consists of two electrodes, a source, and a drain, which are connected by a channel. An electric charge is passed between the two electrodes via the channel. The conductivity of the FET will depend on how wide the electrical diameter or gate is. A small variation in the current will create a high variation in the voltage, thereby changing the amplitude of the signal created by the device. An organic FET (OFET) includes a source, a drain, a layer of organic semiconductor, and gate electrodes. OFETs incorporate an organic semiconductor as a channel. An insulator layer, such as SiO2, is placed between the organic semiconductor and gate electrode. OFETs are extensively researched for their use in flexible displays as well as their applicability with other IC chipsets. Unlike silicon-based FETs, OFETs can be printed on plastic, flexible substrates at a lower temperature using solution-based techniques. This is an added advantage that enables the wider application of OFETs across a variety of flexible displays.
Technavio’s analysts forecast the global organic field-effect transistor (OFET) market to grow at a CAGR of 7.37% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global organic field-effect transistor (OFET) market for 2017-2021. To calculate the market size, the report considers the investments by independent labs and universities and grants from government bodies that aim at exploring and enhancing the applicability of the technology in the future.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Organic Field-effect Transistor (OFET) Market 2017-2021
Technavio recognizes the following companies as the key players in the global organic field-effect transistor (OFET) market: University of California, Santa Barbara, Catalan Institute of Nanoscience and Nanotechnology, Graphenea and Chalmers University of Technology, and National Institute of Material Sciences
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Growing adoption of OLED displays in automotive applications. Car OEMs are exploring the use of OLED displays in infotainment systems. Some vendors have introduced infotainment projects. However, the commercial availability of such displays is very low at present. The application of passive matrix OLED (PMOLED) displays for display gauges and meters would be a better substitute for analog meters and gauges. OLED displays consume less energy and provide wider viewing angles, which make them ideal for automotive applications.”
According to the report, one of the major drivers for this market is Emergence of 4G standards. LTE allows consumers to enjoy faster data speeds. It can deliver more data at a relatively high speed and provides a better experience compared with 3G. According to the Global Mobile Suppliers Association (GSA), 4G LTE is the fastest developing mobile system technology ever. In 2015, about 285 operators in 93 countries invested in LTE and 119 commercial LTE networks in 53 countries worldwide. To retain customers that are already using 2G or 3G services, cellular operators are upgrading their wireless networks to LTE.
Further, the report states that one of the major factors hindering the growth of this market is Availability of diverse inorganic low-cost alternative technologies. Several technologies, including TFT-LCD, LCD with LED backlight, plasma, and LED displays, are available at a lower cost compared with OLED. Vendors are manufacturing displays with these technologies on a large scale. In addition, these displays are less expensive and help in keeping the cost of end products low. OLED and flexible OLED displays could increase the cost of electronic devices in the near future. The oversupply in the LCD display market has enabled end-users to procure display panels at a low cost. This has made it possible for small and medium enterprises to provide end products at low average selling prices (ASPs).
University of California, Santa Barbara, Catalan Institute of Nanoscience and Nanotechnology, Graphenea and Chalmers University of Technology, and National Institute of Material Sciences
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