Market Overview:
The global OPV technology market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for flexible displays and rising adoption of OPV technology in consumer electronics and wearable devices. In terms of type, the global OPV technology market is segmented into software and hardware. The software segment is expected to grow at a higher CAGR than the hardware segment during the forecast period. This can be attributed to the increasing demand for flexible displays, which are enabled by software-based OPV technologies. By application, the global OPV technology market is divided into consumer electronics, wearable device, architecture and other applications.
Product Definition:
OPV technology is a type of solar cell that is made of organic materials. These cells are less expensive to produce than traditional solar cells, and they are also more lightweight and flexible. OPV technology can be used in a variety of applications, including consumer electronics, vehicles, and building materials.
Software:
Software is the part of overall OPV technology that controls and monitors the entire process from beginning to end. It helps in data collection, data processing, and data analysis. The software also provides control commands to operate pumps & valves etc., which are used for water transportation across networks.
Hardware:
Hardware is the part of optical transport technology that controls and monitors the light path from source to detector. It consists of components like modulator, demodulator, isolator and laser source or LED etc. The hardware component in an optical packet network works along with software to decide the route taken by data packets through different nodes in a network.
Application Insights:
The architecture application segment accounted for the largest revenue share in 2017 and is projected to witness significant growth over the forecast period. The demand for OPV technology in this application is primarily driven by its ability to provide high resolution images, which helps architects visualize designs in 3D.
The wearable device segment accounted for a significant revenue share and is expected to grow at a rapid pace over the forecast period. This can be attributed to increasing product demand from fitness trackers manufacturers who require low power consumption devices that can monitor user activity continuously throughout the day without draining battery life. Increasing product demand from medical industry players who require real-time data transmission will also fuel market growth over the next eight years.
Other applications include consumer electronics, healthcare, aerospace & defense and others such as industrial machinery/automotive/ marine etc.
Regional Analysis:
North America dominated the global market in 2017. The regional market will expand further at a steady CAGR from 2018 to 2030 due to increasing R&D investments by various companies and rising adoption of OPV technology for consumer electronics applications. Asia Pacific is expected to be the fastest-growing regional market over the forecast period owing to rapid developments in consumer electronics manufacturing industries, especially in China and Japan. Furthermore, growing penetration of wearable devices such as fitness monitors, smartwatches, and other health & medical devices is anticipated to drive demand for OPV technologies across this region.
Latin America has also witnessed significant development with respect high-tech manufacturing activities since past few years on account of increased foreign direct investment (FDI)s from developed countries like U.S., U.K., Germany etc.).
Growth Factors:
- Increasing demand for flexible displays in consumer electronics and automobiles
- Rising demand for transparent and lightweight displays in signage, architecture, and transportation applications
- Proliferation of large-format displays (LFDs) in retail stores and public places
- Growing popularity of digital signage
- Increasing demand for OLED lighting
Scope Of The Report
Report Attributes
Report Details
Report Title
OPV Technology Market Research Report
By Type
Software, Hardware
By Application
Consumer Electronics, Wearable Device, Architecture, Other
By Companies
Mitsubishi Chemical, Heraeus Group, BELECTRIC, ARMOR Group, Heliatek, Sunew, Advent Technologies Inc., Sumitomo Chemical, Toshiba, Merck KGaA, BASF, DisaSolar, EMD Performance Materials, Infinity PV ApS, ENI, NanoFlex Power
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global OPV Technology Market Report Segments:
The global OPV Technology market is segmented on the basis of:
Types
Software, Hardware
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Consumer Electronics, Wearable Device, Architecture, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mitsubishi Chemical
- Heraeus Group
- BELECTRIC
- ARMOR Group
- Heliatek
- Sunew
- Advent Technologies Inc.
- Sumitomo Chemical
- Toshiba
- Merck KGaA
- BASF
- DisaSolar
- EMD Performance Materials
- Infinity PV ApS
- ENI
- NanoFlex Power
Highlights of The OPV Technology Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Hardware
- By Application:
- Consumer Electronics
- Wearable Device
- Architecture
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the OPV Technology Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
OPV technology is a type of vaccine that uses live, attenuated viruses to help protect people from diseases. OPV vaccines are often used to prevent polio, and they can also be used to help protect people from other diseases such as measles, mumps, and rubella.
Some of the major companies in the opv technology market are Mitsubishi Chemical, Heraeus Group, BELECTRIC, ARMOR Group, Heliatek, Sunew, Advent Technologies Inc., Sumitomo Chemical, Toshiba, Merck KGaA, BASF, DisaSolar, EMD Performance Materials, Infinity PV ApS, ENI, NanoFlex Power.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 OPV Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 OPV Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 OPV Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the OPV Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global OPV Technology Market Size & Forecast, 2018-2028
4.5.1 OPV Technology Market Size and Y-o-Y Growth
4.5.2 OPV Technology Market Absolute $ Opportunity
Chapter 5 Global OPV Technology Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 OPV Technology Market Size Forecast by Type
5.2.1 Software
5.2.2 Hardware
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global OPV Technology Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 OPV Technology Market Size Forecast by Applications
6.2.1 Consumer Electronics
6.2.2 Wearable Device
6.2.3 Architecture
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global OPV Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 OPV Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America OPV Technology Analysis and Forecast
9.1 Introduction
9.2 North America OPV Technology Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America OPV Technology Market Size Forecast by Type
9.6.1 Software
9.6.2 Hardware
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America OPV Technology Market Size Forecast by Applications
9.10.1 Consumer Electronics
9.10.2 Wearable Device
9.10.3 Architecture
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe OPV Technology Analysis and Forecast
10.1 Introduction
10.2 Europe OPV Technology Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe OPV Technology Market Size Forecast by Type
10.6.1 Software
10.6.2 Hardware
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe OPV Technology Market Size Forecast by Applications
10.10.1 Consumer Electronics
10.10.2 Wearable Device
10.10.3 Architecture
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific OPV Technology Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific OPV Technology Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific OPV Technology Market Size Forecast by Type
11.6.1 Software
11.6.2 Hardware
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific OPV Technology Market Size Forecast by Applications
11.10.1 Consumer Electronics
11.10.2 Wearable Device
11.10.3 Architecture
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America OPV Technology Analysis and Forecast
12.1 Introduction
12.2 Latin America OPV Technology Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America OPV Technology Market Size Forecast by Type
12.6.1 Software
12.6.2 Hardware
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America OPV Technology Market Size Forecast by Applications
12.10.1 Consumer Electronics
12.10.2 Wearable Device
12.10.3 Architecture
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) OPV Technology Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) OPV Technology Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) OPV Technology Market Size Forecast by Type
13.6.1 Software
13.6.2 Hardware
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) OPV Technology Market Size Forecast by Applications
13.10.1 Consumer Electronics
13.10.2 Wearable Device
13.10.3 Architecture
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 OPV Technology Market: Competitive Dashboard
14.2 Global OPV Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Chemical
14.3.2 Heraeus Group
14.3.3 BELECTRIC
14.3.4 ARMOR Group
14.3.5 Heliatek
14.3.6 Sunew
14.3.7 Advent Technologies Inc.
14.3.8 Sumitomo Chemical
14.3.9 Toshiba
14.3.10 Merck KGaA
14.3.11 BASF
14.3.12 DisaSolar
14.3.13 EMD Performance Materials
14.3.14 Infinity PV ApS
14.3.15 ENI
14.3.16 NanoFlex Power
