DUBLIN, Sept. 20, 2023 /PRNewswire/ -- The "Transparent Conductive Films Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" report has been added to ResearchAndMarkets.com's offering.
The global transparent conductive films market reached a size of US$ 5.9 billion in 2022. Looking ahead, it is expected to grow to US$ 9.2 billion by 2028, exhibiting a compound annual growth rate (CAGR) of 7.4% during the period from 2023 to 2028.
Transparent Conductive Films (TCFs) and Their Characteristics
Transparent conductive films (TCFs) are thin layers made using indium tin oxide (ITO), a degenerately doped n-type semiconductor. These films possess several key characteristics, including high resistance to heat and chemicals, superior transmittance compared to fluorine-doped tin oxide (FTO) films, high optical transparency, and excellent electrical conductivity over larger areas.
TCFs are also known for their cost-effectiveness, customizability, and compatibility with a wide range of metals, making them suitable for various applications in bendable, flexible, and wearable displays globally.
Trends Shaping the Transparent Conductive Films Market
Several trends are driving the growth of the transparent conductive films market:
- Rise in Consumer Electronics Adoption: The increasing adoption of consumer electronics like smartphones, tablets, personal computers (PCs), and televisions worldwide, driven by globalization, rising disposable incomes, and the need for connectivity, is a significant factor boosting market growth. TCFs are widely used in the production of these electronics due to their exceptional performance, flexibility, durability, tunable transparency, and high conductivity.
- Preference for Touch User Interface (UI): The preference for touch user interfaces (UIs) is on the rise due to their ability to eliminate the need for external devices like keyboards and mice, provide efficient menu selection, and offer durability and reliability. This trend is leading to an increasing adoption of touch UIs in handheld devices and touch-enabled liquid crystal display (LCD) panels, which, in turn, is contributing to market growth.
- Innovation in TCFs: ITO-based TCF layers are expensive and have limited optical transparency. To address these issues, leading players in the industry are using finely printed conductive meshes, highly transparent layers of silver or copper, organic transparent conductors, and materials such as carbon nanotubes and graphene to manufacture next-generation TCFs, creating a positive market outlook.
Market Segmentation
The report categorizes the transparent conductive films market based on material and application:
By Material:
- Indium Tin Oxide (ITO) on Glass
- Indium Tin Oxide (ITO) on PET
- Silver Nanowire
- Carbon Nanotubes
- Conductive Polymers
- Others
By Application:
- Smartphones
- Notebooks
- Tablets
- PCs
- Wearable Devices
- Others
By Region:
- North America
- Asia-Pacific
- Europe
- Latin America
- Middle East and Africa
Competitive Landscape
Key players in the transparent conductive films market include C3Nano Inc., Cambrios Technologies Corporation, Canatu Oy, Dontech Inc, DuPont de Nemours Inc., Eastman Kodak Company, Gunze Limited, Nitto Denko Corporation, OIKE & Co. Ltd., TDK Corporation, and Toyobo Co. Ltd.
Key Questions Addressed in the Report
- What was the size of the global transparent conductive films market in 2022?
- What is the expected growth rate of the global transparent conductive films market from 2023 to 2028?
- What are the primary factors driving the growth of the global transparent conductive films market?
- How has COVID-19 impacted the global transparent conductive films market?
- What is the market segmentation based on material?
- What is the market segmentation based on application?
- Which regions are key in the global transparent conductive films market?
- Who are the major players/companies in the global transparent conductive films market?
Key Attributes:
Report Attribute |
Details |
No. of Pages |
138 |
Forecast Period |
2022 - 2028 |
Estimated Market Value (USD) in 2022 |
$5.9 Billion |
Forecasted Market Value (USD) by 2028 |
$9.2 Billion |
Compound Annual Growth Rate |
7.7 % |
Regions Covered |
Global |
For more information about this report visit https://www.researchandmarkets.com/r/aihju0
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