Flexible Applications Based on Printed Electronics Technologies Combined flexible & printed electronic applications could reach US$1B in 2020. Multiple applications are driving growth! TECHNICAL CHALLENGES ARE CLOSE TO BEING OVERCOME TO REACH US$1B MARKET BY 2020 Today flexible & printed electronics create a lot of hope. And a supply chain is being created to support an industrial infrastructure. In our report, we have identified and tracked the five main functionalities of flexible & printed electronics: displaying, sensing, lighting, energy generating and substrates. The different degrees of freedom in flexibility that can be obtained can be divided into: - Conformable substrate: the flexible substrate will be shaped in a definitive way after processing - “Bendable” substrate: they can be rolled and bent many times (even if we consider it will not be a key feature coming from customer needs) - “Unused” flexibility: in the end, the flexibility is not an added value to the customer We believe some applications will be more likely than other to be successful – for example, bendable applications will undergo tough stress during use and technological challenges will be hard to overcome. Our report shows the distinction between the functions (displaying, lighting, energy conversion, sensing & substrates) and the seek flexibility “degree of freedom”. We do not make the distinction in our report between organic and inorganic substrates as semiconductors can also be used as flexible substrates. However, we believe over the next several years, the number of applications using printing processes for flexible electronics will grow (Figure on page 2). We estimate the printed & flexible electronics market will grow from ~ $176M in 2013 to ~$950M in 2020 with a 27% CAGR in market value. Printed OLED displays for large size (TVs) are likely to become the largest market. For OLED lighting, we believe it will grow but remain a niche market for automotive and/ or office lighting. For PV, the market demand by 2020 will remain very low compared to the demand for rigid PV, largely below 1% of the global market demand by 2020. Sensor, smart system & polytronic applications will include sensors, touchless / touch screens, RF ID applications. More information on that report at http://www.i-micronews.com/reports/Flexible-Based-Printed-Electronics-Technologies/2/367/

1. © 2013
Copyrights © Yole Développement SARL. All rights reserved.
Flexible Applications Based
on Printed Electronics
Technologies

2. © 2013• 2
Content of the report
• Content of the report …2
• Scope of the report & definitions …3
– Key objectives …5
– Coverage …6
– Definitions …7
– What’s New in this Report Update? …8
– Who should be interested in this report? …9
– Companies cited …10
– About the authors …11
• Executive Summary …12
– Application Landscape …13
– Players landscape …31
– Market …36
• Introduction …40
• 2012-2020 market forecast …53
• Applications overview …68
– Displays …69
• Time to market …70
• Applications & markets segments …71
• Small OLEDs …73
• Large OLEDs …78
• E papers …80
• Market forecast …81
• Conclusions …90
– Lighting …91
• Time to market …92
• Applications & markets segments …93
• Cost …95
• Potential advantages …96
• Comparison with other light sources …97
• Roadmap …100
• OLED vs. LED …101
• Market forecast …107
– Photovoltaic …117
• Time to market …118
• Introduction …119
• Overview of technologies …122
• Why flexible? …124
• Why printed? …128
• Technologies & players …132
• Market metrics …136
• Market forecast …142
• Conclusions …148

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Content of the report
– Sensors & substrates …149
• Time to market …150
• Introduction …151
• Polytronics …152
• Surfing on the hype …153
• Examples …157
• Market forecast …162
• Conclusions …164
– Players landscape …165
• Processing technologies …171
– Main technical challenges …172
– Printed organic vs. Semiconductors …173
– Printing technologies …178
– Small OLEDs processes …185
– Large OLEDs processes …188
– OLEDs lighting processes …191
– PV processes …195
• Conclusions …206
• Appendices …209
– Yole Développement presentation …210

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What’s New in this Report Update?
• Up-to-date market forecast 2013-2020 in US$M and processed surface for
printed, flexible & printed & flexible applications:
– Displays
– Lighting
– Photovoltaic
– Sensors, smart systems
– Substrates
• Manufacturing processes analysis
– Current challenges (technical & economical)
– Roadmap
– Manufacturing trends
• New players
• Update on new approaches: polytronics

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Key Objectives of the Report
• This 2013 report is an update of the 2011 “Printed Electronics Reality vs. Hype” report
• The objectives of the report are:
– To give forecast in processed surface and $M value for flexible printed electronics functions:
Displays, Lighting, Energy Conversion (PV), Sensors & Substrates.
– To present market and technical challenges associated with Flexible Printed Electronics: at
the material & equipment levels.
– To present examples of processes.
– To give insight on new approaches (e.g. polytronics)
• This report does not cover:
– Printed batteries
– Printed super capacitors
– Printed wires (Although these may be printed, they are electrical and not electronic)
– Semiconductors (CMOS silicon)
– Thin Film Photovoltaics or OLED displays using vacuum processing (CIGS, DSSC)

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Coverage
What is and is not Included
• Printed electronics is often abbreviated “pe” and used as a prefix to denote each
major application or technology
• It is important to note that there exists some confusion in this topic as many things
may be “printed” or use “organics” or be “flexible”. Additionally, there are many
printed, flexible and organic devices that are electrical and not electronic.
• In this report, we do NOT distinguish organic / non-organic substrates in our
forecast.
• This report covers only “electronic” types of applications and technologies
involving some kind of electron-hole semiconductor effect.
– Manufacturing must include a type of printing technology in the product construction
– Materials may be organic or inorganic or both in nature and on flexible substrates
– We exclude any kid of vacuum or vapor deposition processing technology. These are not generally
considered “printing” methods and if included it would include virtually the entire semiconductor and
thin-film photovoltaics on glass….

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Functions vs. Flexibility DoF : techno push vs.
Market pull applications
• Some applications are likely to happen while some others are more technological-push (e.g. what
will be the lifetime of a bendable screens , the washing resistance of a smart clothes integrating
electronics ?).
• Table below shows the ranking of the different applications:
: techno-push applications
: market-pull applications
CONFORMABLE BENDABLE "UNUSED" FLEXIBILITY
SENSING Touch Screens Smart clothes Sensors (gas, image)
DISPLAYING Smartphones/tablets screens e-readers, smart clothes e-readers
LIGHTING
Automotive / Luxury OLEDs
ligthing
? General OLED lighting
ENERGY GENERATION Organic PV Organic PV Organic PV
SUBTRATES Smart IDs, thin film batteries Smart clothes Smart IDs, thin film batteries
FLEXIBILITY DOF ("Degree Of Freedom")
FUNCTIONS

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Application landscape 2013-2020+
Flexible Electronics
Application enabling /
Function enabling
Small OLED
Displays
Flexible PV
Electronic
Paper
Non printed
Printed
Large
OLED
Displays
OLED
general
Lighting
Conformable
OLED Lighting
Sensors
Systems on
foil
2020+
2013
Flexible Electronics
Application enabling /
Function enabling
Flexible
PV
Electronic
Paper
The Printed/non-Printed Frontier
In the next years, the number of applications using printing processes for Flexible
Electronics will grow.

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Market forecast

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Detailed processes analysis

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Who should be interested in this report?
• Systems makers
– Understand the potentialities of the printed electronics market
– Understand the technical challenges
• Devices makers
– Identify and evaluate printed electronics markets with market size & growth
– Analyze the threads and opportunities
– Monitor and benchmark your competitor’s advancements
• Chemical & tools companies
– Identify what the technical hurdles for printed electronics are
– Analyze the threads and opportunities
• Financial & Strategic investors
– Understand the main market dynamics and main technological trends
– Get the list of the key players

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Companies cited in this Report
3M, Add-Vision, AGC, AGFA, Air Products, Aixtron, Altadevices, Applied materials, Arjowiggins,
Arkema, Armor, Astron Flamm, Asys Solar, BASF, Beneq, Bosch, Boschmann, Cabot, Cambrios,
Canatu, Canon, Catrene, CEA LITEN, Central Standard Timing, Ceradrop, Ceres, Chimet, CIT,
CNM, Creative Materials, DEK, DisaSolar, DNP, DOW, Dupont, Dupont Teijin, Dyesol, Dynamic
Organic Light, Eight 19, E-ink, Elecon, EMPA, EnFuCell, enthrone, Epson, EVG, evonik, Flisom,
Fraunhofer, Fuji Film, G24i, GE, GEM, Global Solar, Global Solar Energy Deutschland GmbH
(GSED), Haiku Tech, HC Starck, Heliatek, HelioVolt, Heraeus, HMI, Honeywell, IMEC, Inca
Digital Printers, Infineon, Infinite Power solutions, Inkoa, InkTec, ISET, ISORG, JRT, Konarka,
Konica Minolta, Kovio, KUL, KWJ Engineering, LG, Liquavista, LPKF, manroland, Markandy,
MEMC, Merck, MiaSolé, Micro-tec, Mitsubishi Chemical, Monocrystal, moserbaer, Nano ePrint,
Nanoink, Nanomas, Nanosolar, NextInput, Novacentrix, NTC, Ntera, Nuon Helianthos, Nuvosun,
NVC, NXP, Odersun, Optomec, Optony, Ormecon, Ormet, Osram, Panasonic, PEMCO, Pioneer,
PixDro, Philips, Plastic Logic, Plextronics, Polymer Vision, Prelonic Technologies, Prime View
International, Rena, Rolith, SAES, Sakurai, Samsung, Schreiner, Showa Denko, Skiff, Solarion,
Solaronix, Sony, SouthWest Nanotechnologies, Sumitomo Chemical, Tianma, TNO, Toppan, TU
Delft, Unidym, UniSolar, Veeco, Verhaert, Vitex, Von Ardenne, Vorbeck Materials, VTT,
WageningenUP, Yotaphone

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About the authors of this report
Dr. Eric Mounier, Senior Analyst
Since 1998, he is a cofounder of Yole Développement. Eric is in charge of market
analysis for MEMS, equipment & material, photonics and Printed Electronics. He is
Chief Editor of MEMSTrends & Micronews magazines. Before joining Yole
Développement, Eric has been working as a market analyst at CEA Leti. He has a
PhD in microelectronics from the INPG in Grenoble.
Contact: mounier@yole.fr
Dr. Milan Rosina
Dr Milan Rosina is in charge of market and Technology reports on PV
Technologies, OLEDs and Nanomaterials: PV Equipment and Materials markets,
High-Concentration Photovoltaics, Thin-Film PV CIS/CIGS, PV Factory database,
OLED for Lighting… He is in charge of market analyses, marketing studies and
technology evaluation for subjects related to PV technologies and applications,
LEDs and OLEDs, thin film deposition, nanomaterials and semiconductor device
processing.
Contact: rosina@yole.fr
Antoine Bonnabel, Market Analyst
Antoine works as market analyst for MEMS devices and technologies at Yole
Développement. He holds a M.Sc. in microelectronics and microsystems from
Grenoble Institute of Technologies and a M.Sc. in marketing and business
management from Grenoble Graduate School of Business.
Contact: bonnabel@yole.fr

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