Growth in organic and printed electronics accelerates

November 13, 2017 //By Christoph Hammerschmidt
A recent business climate survey conducted by the OE-A (Organic and Printed Electronics Association) showed that more than 80 percent of respondents expect strong business growth in the coming year. In the semi-annual business climate survey, the OE-A consortium surveys the mood of its international members - from material suppliers to end users - in terms of sales, incoming orders, investments and employment.

With forecast sales growth of 13 percent, already 2017 will be a very successful year for the companies organized in the OE-A . This forecast exceeds the expectation of the survey carried out in the spring of this year by 5 percentage points. The positive trend is continuing and even accelerating: for 2018, the companies expect a further increase in turnover of 16 percent along the entire value chain.

Thin, light and flexible are the characteristics that distinguish organic and printed electronics. These advantages enable new applications in numerous areas. Target industries of the OE-A members are in particular consumer electronics, medical technology and pharmaceuticals, automotive, lighting, energy and packaging. “We see a growing interest especially in the areas of transport and automotive as well as medical technology and pharmaceuticals ", says OE-A Managing Director Dr. Klaus Hecker.

The positive sales prospects for 2018 are also reflected in further statements of the OE-A working group. The survey participants intend to invest particularly heavily in their production, which also opens up new opportunities for mechanical engineering. In addition, more employees will be hired and increased investment in research and development will be made.