Transparent conducting films market ready to grow with touch enabled device
7 Jul
2014
Transparent conducting films are electrically conductive and optically transparent in thin layers. For photovoltaic applications, they are fabricated from inorganic and organic materials.
Its numerous uses have been discovered. Allied Market Research conducted a brief study on the global Transparent conducting films market. The study conducted helped to figure out its future growth rate and opportunities. The report in its study has found out that the market would reach an astounding figure of $5.86 billion by 2020. This is sure to give a positive wave throughout the market.
Market Drivers:-
- Rise in demand for touch UI
- Technological advancements
- Low power consumption
- Minimal reflection
- Thinness and flexibility & robustness of TCF
Market Restraints:-
- Lack of one-size-fits-all solution
- Multiplicity of options for a specific application
Major technology utilized to manufacture TCF are TO on glass, non-ITO oxides, silver nanowire, ITO on PET, carbon nanotubes, graphene, micro fine wire, PEDOT, and metal mesh. With 90% revenue share, ITO technology leads the market. ITO on glass had around 76.6% of the revenue share in 2013.
The end user segments of the market are Smartphone, notebooks, tablets and tablet PCs, all-in-one PCs, OLED lighting, monitors & TV displays, OPV & DSSC. Rising demand for touch devices is primarily driving the market growth. Similarly, increasing use of Tablets and Smartphone’s are contributing towards the market growth. All-in-one PCs has a little market share, yet it has great potential to grow during the analyzed period.
Asia Pacific leads the global market as major electronic manufacturing companies are based there. North America holds the second highest share in the overall market.
Some of the key firms identified in the report are:
- 3M Company
- Oike & Co., Ltd.
- Nitto Denko Corporation
- Toyobo Corporation
- Dupont Teijin Films
- Eastman Kodak
- Fujifilm Holdings Corporation
- Canatu Oy
- DONTECH Inc.
- Cambrios Technologies Corporation
- Rolith
Digvijay Deshmukh
Research Analyst at Allied Market Research
Digvijay Deshmukh is associated with Market Research industry for more than 5 years and possess strong expertise in market assessment, forecasting and consulting in ICT and Semiconductor industry. With his skilled proficiency in market research, Digvijay is actively involved in providing critical insights on business research to clients with his subject matter expertise. Various other sub-markets scrutinized include media and entertainment, HVAC, process control and automation, display technologies, telecom and IT, service industry, and power electronics among others. He is a part of multiple consulting assignments and is actively involved in commissioning, planning, execution, and delivery of projects to client’s expectations. His forte lies in business consulting, building analytical models, and trend analysis and forecasting.
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