According to a new report
"Transparent Conductive Film (TCF) Market (Technologies, Applications and
Geography) - Global Opportunity Analysis and Forecast - 2013 - 2020", the global
transparent conductive film (TCF) market is forecast to reach $5.86 billion by
2020, growing at a CAGR of 17.2% during the forecast period (2014 - 2020). About 24.7 million sq meter of TCF has been
consumed globally in 2013. Volume consumption is expected to grow at a higher
pace as result of price erosion during the forecast period.
Transparent conductive film
market is in the progressive phase of its life cycle. However, many novel
technologies are in its nascent stage. This market comprises of technologies
implemented in TCF manufacturing as well as its application in electronic
devices. It includes both glass and film based transparent conductors.
Transparent conductive film is primarily used in electronic devices such as
Smartphones, TVs, AIO PCs, tablet PCs, and monitors. The rise in demand for
touch UI in handheld as well as other devices has translated in the growth of
TCF market. Technological advancements and increasing popularity of such
devices even in developing nations have also widened the horizon for the TCF
market. In addition, the low power consumption, minimal reflection, thinness
and flexibility & robustness of TCF are the key drivers of this market. On
the other hand, lack of one-size-fits-all solution and multiplicity of options for
a specific application are the two key factors deterring the market growth.
Displays and photovoltaic applications possess huge potential for the
application of TCF in the future. Moreover, rising demand for tablet PCs and
notebooks would also give the necessary momentum to the market during the
forecast period.
Key technologies implemented
in the manufacturing of TCF include ITO on glass, ITO on PET, non-ITO oxides,
silver nanowire, graphene, carbon nanotubes, PEDOT, micro fine wire, and metal
mesh. ITO dominates the technology market with a revenue share of approximately
90% while ITO on glass held about 76.6% of the share in 2013; however, its
share is expected to witness considerable fall by 2020. ITO film and glass
market is expected to reach $2.1 billion by 2020, witnessing a diminishing
growth with a CAGR of 4.8%. Non-ITO oxide is the most promising segment
followed by metal mesh and silver nanowire. PEDOT based TCFs are anticipated to
register the lowest market share throughout 2020.
Smartphone, tablets and
tablet PCs, notebooks, all-in-one PCs, monitors & TV displays, OLED
lighting, OPV & DSSC are primary end use segments for TCF. The market is
surging higher primarily due to rising demand for touch enabled devices and
market penetration of tablets and tablet PCs. OLED lighting, OPV and DSSSC are
also potential markets; however, they are expected to witness sluggish growth
during the forecast period due to uncertainty in demand for the same.
Smartphones hold the maximum revenue share in the current market, followed by
the tablet and tablet PCs market. The unit consumption of TCFs in the
Smartphone segment is much higher compared to tablets and tablet PCs.
All-in-one PCs hold a smaller share in the market, yet they possess tremendous
potential to thrive during the forecast period. OLED lighting and photovoltaic
applications would have the smallest share in the market throughout the
forecast period. Within geographic markets, Asia Pacific holds the lead
followed by North America. The electronic device manufacturing is largely
concentrated in the Asia Pacific region making the region the largest consumer
of TCF. LAMEA and Europe occupy nearly equal share in the global market,
collectively acconting for less than 10% of the market. The key companies profiled
in this report include 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, and Rolith.
For more information see – http://mrr.cm/Z77
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