세계의 산화인듐주석(ITO) 시장 규모는 2022년 2억 1,589만 달러에서 2030년에 3억 938만 달러에 달하며, 2023-2030년의 예측 기간에 CAGR로 4.6%의 성장이 전망됩니다.
전도성 코팅 솔루션의 부상은 시장을 크게 견인하고 있습니다. 인구 약 6,700만 명의 선진국인 프랑스는 새로운 산업을 순차적으로 설립하고 있으며, 2023년 6월 프랑스 남동부 크롤에 반도체 공장을 건설하기 위해 STMicroelectronics에 31억 달러의 거액을 투자했습니다.
인도 정부 국방부는 2025년까지 국방 생산량을 120억 달러에서 220억 달러로 늘릴 것을 위임했으며, 2020년 사우디아라비아 군수산업(SAMI)의 연간 매출은 2,000만 달러에서 2021년에는 6억 9,000만 달러로 급증할 것으로 예상됩니다. 캐나다 정부는 2022년 국방 예산에서 캐나다 군의 역량과 잠재력을 강화하기 위해 향후 5년간 80억 달러 이상을 배정했습니다. 다양한 국방 부문에 걸친 성장과 막대한 투자는 인듐 주석 산화물(ITO)의 거대한 시장 잠재력을 크게 창출하고 있습니다.
JEITA가 발표한 데이터에 따르면 2022년 세계 전자 및 IT 산업 총생산은 약 1% 증가하여 3조 4,368억 달러에 달할 것으로 예상되며, 2022년 2월 캐나다 정부는 2억 4,000만 달러의 막대한 자금을 분배하여 캐나다가 포토닉스 분야의 세계 리더가 될 수 있는 기회를 제공했습니다. 반도체 개발 및 제조를 크게 가속화할 수 있는 기회를 제공했습니다. 전자 산업의 놀라운 성장은 투명 흡수체를 구현하는 인듐 주석 산화물(ITO)에 대한 세계적인 기회를 창출하여 시장을 독점하고 있습니다.
COVID-19의 발생은 인간의 삶에 심각한 영향을 미쳐 모든 사람이 감염되기 쉬워졌고, 일부 부문은 경영 중단 상태에 빠졌습니다. 전염병 기간 중 소비자 수요가 감소함에 따라 전자 부문의 매출이 급격히 감소했습니다. 봉쇄와 노동력 부족으로 인한 공장 운영 중단은 인듐 주석 산화물(ITO)을 포함한 여러 제조 단위에 영향을 미쳤습니다. 전자기기 및 터치 패널에 대한 수요 감소로 인해 인듐 주석 산화물(ITO) 생산이 크게 줄어들어 성장 잠재력이 크게 손상되었습니다. 봉쇄로 인한 전자제품 및 전기제품 판매점 폐쇄는 인듐 주석 산화물(ITO) 시장을 위축시켰습니다. 소비자들의 선호도가 저렴한 휴대폰으로 옮겨가면서 무선통신기기용 반도체 수요는 급감했습니다. 그러나 COVID-19 이후 2020년 하반기에 반도체 산업이 양호한 성장세를 보이고 있는데, 이는 긴급한 소비자 수요로 인해 업계가 자사 포트폴리오에서 인듐주석산화물(ITO) 제품을 경쟁적으로 구매하도록 유도하고 있습니다.
세계 인듐 주석 산화물(ITO) 시장은 첨단 터치 패널과 전계발광 디스플레이 수요 증가에 따라 꾸준히 성장하고 있습니다.
세계의 산화인듐주석(ITO) 시장에 대해 조사분석했으며, 시장 규모와 예측, 시장 역학, 주요 기업의 상황과 전망 등을 제공하고 있습니다.
Global Indium tin oxide market size was valued at USD 215.89 million in 2022, which is expected to reach USD 309.38 million in 2030, with a CAGR of 4.6% for the forecast period between 2023 and 2030.
The introduction of indium tin oxide (ITO), which comprises a solid solution of indium (III) oxide and tin (IV) oxide with numerous unique properties, has transformed sectors like electronics, military, etc. Due to optical transparency and electrical conductivity, ITO is extensively used to provide conductive transparent coatings.
ITO coatings are widely used for LCD/plasma displays, touch screens, energy-conserving windows, photovoltaics, and electrochromic and electroluminescent displays. The deposition of indium tin oxide as a thin film on glass or clear plastic assists as the function of transparent electrical conductor. Electromagnetic shielding, photovoltaic solar cells, freezer case glass are some prominent applications of indium tin oxide.
Indium tin oxide (ITO) is extensively used in prominent sectors like defence and military, electronics, industrial coatings, etc. In August 2021, Envision AESC has invested around USD 393 million with the objective to establish one of the Japan's largest manufacturing units that will subsequently produces next-generation lithium-ion batteries for electric vehicles.
The rising conductive and conductive coating solution significantly propels the indium tin oxide (ITO) market. France a developed country with around 67 million population has progressively accomplished new industry establishment. In June 2023, France has successively invested in STMicroelectronics with a huge sum of USD 3.10 billion with the objective to build a semiconductor factory in Crolles, southeastern France.
Indium tin oxide is considered an essential conductive and transparent coating that is extensively used in numerous applications for research and development, commercial products, modern digitalization, etc. ITO coatings are widely used to manufacture IR-mirrors and FIR-filters that subsequently develop low surface resistance and high film thickness to generate an optimum reflection in the higher infrared wavelength ranges. Indium tin oxide possesses excellent optical, optoelectronic properties that imperatively optimize the necessary heat to extend the operating temperature of LCDs (liquid crystal displays) within the prevailing cold conditions. ITO deposition assists in providing transparent conductive films on organic EL and touch panels, LCD panels, etc.
Electromagnetic (EM) shielding absorbers are recognized as a prominent component in reducing undesirable EM radiation from high-integrated electric equipment in vehicles used for military purposes. Indium tin oxide (ITO) is a versatile material where the deposition film leads to electromagnetic shielding for aircraft windshields and as a transparent absorber that is suitable for glass windows of military vehicles. Indium tin oxide (ITO) nanoparticles with effective microwave absorption and low infrared emissivity are successfully used for advanced modern military detection technology.
The defense ministry of Indian government has commissioned to increase defense production from USD 12 billion to USD 22 billion by 2025. In 2020, the annual revenue of USD 20 million Saudi Arabian Military Industries (SAMI) exponentially increased to USD 690 million in 2021. In its National Defence budget 2022, the Canadian government allocated over USD 8 billion for the next five years to augment the capacity and potential of Canadian Armed Forces. The growth and significant investment across various defense departments has substantially generated huge market potential for indium tin oxide (ITO).
Among various transparent conductive oxides, indium tin oxide is considered a premium and suitable material as it possesses superior conductivity and transparency. The deposition of ITO is generally carried out by a physical vapor deposition process such as D.C. magnetron sputtering or electron beam deposition. ITO is extensively used in touch screen technologies like tablets, smartphones, and notebooks and in numerous display technologies like electroluminescent displays, LCD, OLED, plasma, etc. 3M has successfully developed advanced indium tin oxide (ITO) film that exhibits low electrical resistivity, which is less than 150 ohms per square, and significantly enables multi-touch applications uniformly.
The data published by the JEITA stated that, in 2022, the total global production of electronics and IT industry is estimated to rise by around 1% to reach USD 3,436.8 billion. In February 2022, the government distributed a huge amount of USD 240 million that will significantly provide opportunities for Canada to become a global leader in photonics and substantially accelerate the development and manufacturing of semiconductors. The phenomenal rise in the electronics industry is significantly generating global opportunities for indium tin oxide to implement transparent absorbers, which has dominated the market.
The outbreak of COVID-19 has severely impacted human livelihood where every person was vulnerable to infectious disease and several sectors were in position of shutdown. The revenue for electronic sectors has drastically reduced during the pandemic due to lower consumer demands. The shutdown of industrial operations due to imposed lockdowns and less workforce impacted several manufacturing units including indium tin oxide. The lowering in demand for electronic gadgets and touch panels has substantially de-structured the incorporation of indium tin oxide and significantly discouraged the growth potential. The closure of electronic and electrical outlets due to imposed lockdown has degraded the market of indium tin oxide. Semiconductors demand for wireless and communication devices drastically dropped as the consumer preferences shifted to less expensive phones. However, during the second half of 2020 after pandemic, the semiconductor industry has shown a decent growth which accounts for urgent consumer demand which encourages industries to bid for indium tin oxide (ITO) product in their portfolio.
The global indium tin oxide market is successfully growing with the increasing demand for advanced touch panels and electroluminescent displays. Diamond Coatings Inc. has developed indium tin oxide coating solutions that are widely used to manufacture IR-mirrors and FIR-filters. Their anti-reflection- 'V' coat used for a wide range of wavelengths in the visible, infra-red, and UV regions. It offers ITO coated glass sheets with smooth surfaces for OLED type applications. DIAMOX + ITO coatings are multilayer coatings of metal oxides and quartz and can be deposited onto acrylic, polycarbonate, and glass substrates.
Enam Optoelectronic Material Co., Ltd. has developed excellent quality, fine indium tin oxide (ITO) powder which is supplied either in the powder form or in processed form and possesses incredible characteristics that extends its usage to LEDs, LCDs, and similar electronic appliances. The company's product portfolio comprises a wide range of indium tin oxide (ITO) which can be specifically designed and used.
Diamond Coatings Inc. has collaborated with the European Space Agency where the partnership assists in exploring and observing the sun with Solar Orbital using indium tin oxide coatings and anti-reflection coatings. In September 2021, the company releases anti-reflective display solutions that are available in various sheet sizes of 250mm*250mm or 1000mm*1000mm.
All segments will be provided for all regions and countries covered:
Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.