The thin film material market is forecasted to grow by USD 2842.6 mn during 2023-2028, decelerating at a CAGR of 4.33% during the forecast period. The report on the thin film material market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for consumer electronics, growing demand for architectural coatings, and growing demand for renewable energy.
Technavio's thin film material market is segmented as below:
Market Scope
Base Year
2024
End Year
2028
Series Year
2024-2028
Growth Momentum
Decelerate
YOY 2024
4.08%
CAGR
4.33%
Incremental Value
$2842.6mn
By Type
Physical vapor deposition
Chemical vapor deposition
By Application
Photovoltaic solar cell
MEMS
Semiconductor and electrical
Optical coating
By Geographical Landscape
APAC
North America
Europe
South America
Middle East and Africa
This study identifies the increased production efficiency as one of the prime reasons driving the thin film material market growth during the next few years. Also, material innovation and environmental sustainability will lead to sizable demand in the market.
The report on the thin film material market covers the following areas:
Thin film material market sizing
Thin film material market forecast
Thin film material market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading thin film material market vendors that include Ascent Solar Technologies Inc., AVANCIS GmbH, Cicor, Delta Optical Thin film AS, Hanergy Thin Film Power EME BV, Johanson Technology Inc., Kaneka Corp., Laird Performance Materials, Masdar, Moser Baer, Murata Manufacturing Co. Ltd., Samsung SDI Co. Ltd., Solar Frontier Europe GmbH, TDK Corp., Token Electronics Industry Co. Ltd., Trony Solar Holdings Co. Ltd., Viking Tech Corp., Vishay Intertechnology Inc., Wurth Elektronik GmbH and Co. KG, and Wuxi Suntech Power Co. Ltd.. Also, the thin film material market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Application
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Thin Film Material Market 2018 - 2022
Historic Market Size - Data Table on Global Thin Film Material Market 2018 - 2022 ($ million)