Thin and Ultra-thin Films Market - Positive Long Term Growth Outlook 2024

Transparency Market
Research
Thin and Ultra-thin Films Market - Global Industry
Analysis, Size, Share, Growth, Trends and Forecast
2016 - 2024
Published Date
23-Jan-2017
134 Page Report
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Press Release
Global Thin and Ultra-thin Films Market: Asia Pacific Leads
the Pack with Soaring Uptake of Electronics, observes TMR
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Thin and Ultra-thin Films Market
REPORT DESCRIPTION
Thin and Ultra-thin Films Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2016 - 2024
The global thin and ultra-thin films market is relatively consolidated according to Transparency Market
Research. The top three players held a dominant share of 35.5% in the global market in 2015. E.I. du Pont,
Kaneka Corporation, and Corning Incorporated are expected to continue this lead due to their enhanced
product offerings that deliver outstanding performances.
According to the research report, the global thin and ultra-thin films market stood at US$32.78 bn in 2015 and
is expected to be worth US$115.41 bn by the end of 2024. Between the forecast years of 2016 and 2024, the
global market is expected to rise at a CAGR of 15.1%.
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Asia Pacific Market to Rise at a CAGR of 24.1% 2016-2024
The end users in the global market are, thin-film electronics, thin-film batteries, and thin-film PV. Out of these,
the thin-film electronics segment remained dominant till 2015 and is expected to retain its dominance in the
coming years as well. By the end of 2024, this end user will acquire a share of 64.9% in the global market. The
soaring expenditure on electronics and increasing demand for newer electronic products is expected to drive
this segment.
In terms of geography, the global thin and ultra-thin films market is segmented into North America, Asia Pacific,
Europe, the Middle East and Africa, and Latin America. Out of all of these regions, Asia Pacific is expected to
remain the frontrunner in the global market. The booming manufacturing activities and expanding facilities are
expected to drive this regional market. By the end of 2024, Asia Pacific is poised to account for a share of
24.1% in the overall market.
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Aerospace and Defense Industries to Improve Uptake of Thin and Ultra-thin Films
The global thin and ultra-thin films market is being fueled by the growing trend of miniaturization in the
semiconductors and electronics industry. The increasing uptake of thin and ultra-thin films in semiconductors
and electronics due to their advantages is expected to boost the growth of the global market. Additionally, the
market is also being fueled booming aerospace and defense industries that are showing a keen interest in
using these films as they offer improved power, efficiency, speed, and decreased weight. The evolution of
nanotechnology has also benefitted the global market.
The demand for thin and ultra-thin films is expected to receive a boost due to the growing adoption of solar
energy against the backdrop of increasing pressure to reduce the carbon footprint. Thin and ultra-thin films are
widely used for making photovoltaic (PV) cells, which are used for harnessing solar energy. The stringent rules
implemented by environmental organizations such as Greenpeace, EPA, and Department of Energy
Resources to reduce carbon footprint are expected to fuel the demand for thin-film PVs in the coming years.
Complicated Installation Discourages Users from Using Thin and Ultra-thin Films
The global thin and ultra-thin films market faces a tough restraint that is likely to act as a hurdle in the coming
years. The current challenge for the global market is the poor conversion efficiency of thin film solar cells.
Furthermore, their complex construction structure is also dissuading users from investing in these films. The
sophisticated installation skills required for flexible thin film solar cells make are not easily available and thus
not viable.
This review is based on Transparency Market Research’s report, titled “Thin and Ultra-thin Films Market Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2016 - 2024.”
The Global Thin and Ultra-Thin Films Market has been Segmented into:
Global Thin and Ultra-Thin Films Market: By End User
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-Thin Film Electronics
-Thin Film Batteries
-Thin Film PV
-Others
Global Thin and Ultra-Thin Films Market: By Technology
-Printing
-Deposition Process
-Physical Vapor Deposition (PVD)
-Chemical Vapor Deposition (CVD)
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Global Thin and Ultra-Thin Films Market: By Geography
-North America
-U.S.
-Rest of North America
-Europe
-U.K.
-France
-Italy
-Germany
-Rest of Europe
-Asia Pacific
-China
-India
-Japan
-Rest of Asia Pacific
-Middle East and Africa (MEA)
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-UAE
-South Africa
-Rest of MEA
-Latin America (LATAM)
-Brazil
-Rest of LATAM
TABLE OF CONTENT
Chapter 1 Preface
1.1 ResearchScope
1.2 Research Highlights
1.3 Research Objectives
1.4 Key Questions Answered
Chapter 2 Assumptions and Research Methodology
2.1 Report Assumptions
2.2 Acronyms Used
2.3 Research Methodology
Chapter 3 Executive Summary
3.1 Global Thin and Ultra-Thin Films Market Snapshot
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3.2 Key Trend Analysis
3.3 Market Share Snapshot Analysis
3.4 Market Opportunity Map
Chapter 4 Market Dynamics
4.1 Introduction
4.2 Drivers and Restraints Snapshot Analysis
4.3 Drivers
4.4 Restraints
4.5 Opportunity Analysis
4.6 Company Market Share Analysis
Chapter 5 Global Thin and Ultra-Thin Films Market Revenue Forecast, by End User, 2016 – 2024 (US$
Bn)
5.1 Overview Key Trend Analysis
5.2 Thin Film Electronics
5.3 Thin Film Batteries
5.4 Thin Film PV
5.5 Others
5.6 Market Attractiveness Analysis
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Chapter 6 Global Thin and Ultra-Thin Films Market Revenue Forecast, by Technology, 2016 – 2024 (US$
Bn)
6.1 Introduction
6.2 Printing
6.3 Physical Vapor Deposition (PVD)
6.4 Chemical Vapor Deposition (CVD)
6.5 Market Attractiveness Analysis
Chapter 7 Global Thin and Ultra-Thin Films Market Analysis, 2015-2024, by Region
7.1 Global Regulatory Scenerio
7.2 Introduction
7.3 Thin and Ultra-Thin Films Market Revenue Share Analysis, by Region
Chapter 8 North America Thin and Ultra-Thin Films Market Analysis, 2016 – 2024
8.1 Market Overview
8.2 North America Thin and Ultra-Thin Films Market Revenue Forecast, by End User, 2016 – 2024 (US$ Bn)
8.2.1 Overview
8.2.2 Thin Film Electronics
8.2.3 Thin Film Batteries
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8.2.4 Thin Film PV
8.2.5 Others
8.3 North America Thin and Ultra-Thin Films Market Revenue Forecast, by Technology, 2016 – 2024 (US$ Bn)
8.3.1 Overview
8.3.2 Printing
8.3.3 Physical vapor Deposition (PVD)
8.3.4 Chemical vapor Deposition (CVD)
8.4 North America Thin and Ultra-Thin Films Market Revenue Forecast, by Fuel Type, 2016 – 2024 (US$ Bn)
8.4.1 U.S.
8.4.2 Rest of North America
Chapter 9 Europe Thin and Ultra-Thin Films Market Analysis, 2016 – 2024
9.1 Market Overview
9.2 Europe Thin and Ultra-Thin Films Market Revenue Forecast, by End User, 2016 – 2024 (US$ Bn)
9.2.1 Overview
9.2.2 Thin Film Electronics
9.2.3 Thin Film Batteries
9.2.4 Thin Film PV
9.2.5 Others
9.3 Europe Thin and Ultra-Thin Films Market Revenue Forecast, by Technology, 2016 – 2024 (US$ Bn)
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9.3.1 Overview
9.3.2 Printing
9.3.3 Physical vapor Deposition (PVD)
9.3.4 Chemical vapor Deposition (CVD)
9.4 Europe Thin and Ultra-Thin Films Market Revenue Forecast, by Country, 2016 – 2024 (US$ Bn)
9.4.1 UK
9.4.2 Germany
9.4.3 Italy
9.4.4 France
9.4.5 Rest of Europe
Chapter 10 Asia Pacific Thin and Ultra-Thin Films Market Analysis, 2016 – 2024 10.1 Market Overview
10.2 Asia Pacific Thin and Ultra-Thin Films Market Revenue Forecast, by End User, 2016 – 2024 (US$ Bn)
10.2.1 Overview
10.2.2 Thin Film Electronics
10.2.3 Thin Film Batteries
10.2.4 Thin Film PV
10.2.5 Others
10.3 Asia Pacific Thin and Ultra-Thin Films Market Revenue Forecast, by Technology, 2016 – 2024 (US$ Bn)
10.3.1 Overview
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10.3.2 Printing
10.3.3 Physical vapor Deposition (PVD)
10.3.4 Chemical vapor Deposition (CVD)
10.4 Asia Pacific Thin and Ultra-Thin Films Market Revenue Forecast, by End Users, 2016 – 2024 (US$ Bn)
10.4.1 China
10.4.2 India
10.4.3 Japan
10.4.4 Rest of Asia Pacific
Chapter 11 Middle-East and Africa (MEA) Thin and Ultra-Thin Films Market Analysis, 2016 – 2024
11.1 Market Overview
11.2 MEA Thin and Ultra-Thin Films Market Revenue Forecast, by End User, 2016 – 2024 (US$ Bn)
11.2.1 Overview
11.2.2 Thin Film Electronics
11.2.3 Thin Film Batteries
11.2.4 Thin Film PV
11.2.5 Others
11.3 MEA Thin and Ultra-Thin Films Market Revenue Forecast, by Technology, 2016 – 2024 (US$ Bn)
11.3.1 Overview
11.3.2 Printing
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11.3.3 Physical vapor Deposition (PVD)
11.3.4 Chemical vapor Deposition (CVD)
11.4 MEA Thin and Ultra-Thin Films Market Revenue Forecast, by Country, 2016 – 2024 (US$ Bn)
11.4.1 UAE
11.4.2 South Africa
11.4.3 Rest of MEA
Chapter 12 Latin America Thin and Ultra-Thin Films Market Analysis, 2016 – 2024
12.1 Key Trends Analysis
12.2 Latin America Thin and Ultra-Thin Films Market Revenue Forecast, by End User, 2016 – 2024 (US$ Bn)
12.2.1 Overview
12.2.2 Thin Film Electronics
12.2.3 Thin Film Batteries
12.2.4 Thin Film PV
12.2.5 Others
12.3 Latin America Thin and Ultra-Thin Films Market Revenue Forecast, by Technology, 2016 – 2024 (US$ Bn)
12.3.1 Overview
12.3.2 Printing
12.3.3 Physical vapor Deposition (PVD)
12.3.4 Chemical vapor Deposition (CVD)
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12.6 Latin America Thin and Ultra-Thin Films Market Revenue Forecast, by Country, 2016 – 2024 (US$ Bn)
12.6.1 Brazil
12.6.2 Rest of Latin America
Chapter 13 Company Profiles
13.1 China national Building material Company Ltd
13.1.1 Company Details (HQ, Foundation Year, Employee Strength)
13.1.2 Market Presence, By Segment and Geography
13.1.3 Key Developments
13.1.4 Strategy and Historical Roadmap
13.1.5 Revenue and Y-o-Y Growth
13.2 Umicore Group
13.2.1 Company Details (HQ, Foundation Year, Employee Strength)
13.2.2 Market Presence, By Segment and Geography
13.2.3 Key Developments
13.2.4 Strategy and Historical Roadmap
15.2.5 Revenue and Y-o-Y Growth
13.3 Ascent Solar Technologies Ltd
13.3.1 Company Details (HQ, Foundation Year, Employee Strength)
13.3.2 Market Presence, By Segment and Geography
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13.3.3 Key Developments
13.3.4 Strategy and Historical Roadmap
13.3.5 Revenue and Y-o-Y Growth
13.4 American Elememts
13.4.1 Company Details (HQ, Foundation Year, Employee Strength)
13.4.2 Market Presence, By Segment and Geography
13.4.3 Key Developments
13.4.4 Strategy and Historical Roadmap
13.4.5 Revenue and Y-o-Y Growth
13.5 Kaneka Corporation
13.5.1 Company Details (HQ, Foundation Year, Employee Strength)
13.5.2 Market Presence, By Segment and Geography
13.5.3 Key Developments
13.5.4 Strategy and Historical Roadmap
13.5.5 Revenue and Y-o-Y Growth
13.6 Moser Baer India Pvt. Ltd.
13.6.1 Company Details (HQ, Foundation Year, Employee Strength)
13.6.2 Market Presence, By Segment and Geography
13.6.3 Key Developments
13.6.4 Strategy and Historical Roadmap
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13.6.5 Revenue and Y-o-Y Growth
13.7 Hanergy Thin Film Power Group Limited
13.7.1 Company Details (HQ, Foundation Year, Employee Strength)
13.7.2 Market Presence, By Segment and Geography
13.7.3 Key Developments
13.7.4 Strategy and Historical Roadmap
13.7.5 Revenue and Y-o-Y Growth
13.8 Corning Incorporated
13.8.1 Company Details (HQ, Foundation Year, Employee Strength)
13.8.2 Market Presence, By Segment and Geography
13.8.3 Key Developments
13.8.4 Strategy and Historical Roadmap
13.8.5 Revenue and Y-o-Y Growth
13.9 E. I. du Pont de Nemours and Company
13.9.1 Company Details (HQ, Foundation Year, Employee Strength)
13.9.2 Market Presence, By Segment and Geography
13.9.3 Key Developments
13.9.4 Strategy and Historical Roadmap
13.9.5 Revenue and Y-o-Y Growth
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Global Thin and Ultra-thin films market was valued at US$32.78 bn in 2015 and is expected to reach a valuation of US$115.41 bn by 2024; Asia Pacific to be Key Consumer of Thin and Ultra-thin Films Market