Thin and ultra-thin films market is projected to grow at a CAGR of 2.87% during the forecast period, reaching a total market size of US$12.637 billion in 2024 from US$10.666 billion in 2018. Thin films are materials which have a thickness ranging from nanometer to micrometer. Thin and ultra-thin films are made using ultra-thin chemical and physical deposition techniques using gas-phase precursors and plasma processes. The demand for thin and ultra-thin films is growing due to the high demand for flexible batteries and the growing consumer electronics industry. The increasing demand for internet of things along with the increasing miniaturization in the electronics and semiconductor industry is also propelling the market growth. Also, the ultra-thin use of renewable energy sources like solar cells is also driving the market. Moreover, the continuous investment in the research and development in the thin and ultra-thin films market by the key players will also boost the growth of thin and ultra-thin films market during the forecast period. The North America region accounts for the largest share of the market due to the presence of various key players and high investment in research and development. The Asia Pacific region is also expanding due to the growing consumer electronics industry and the rising use of renewable energy sources.
The Thin and Ultra-Thin Films Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key market, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by technology, application, and geography.
The thin and ultra-thin films market has been segmented based on technology, application, and geography. Based on technology, the market is classified as printing, chemical vapor deposition, atomic vapor deposition, and others. On the basis of application, the market is classified as industrial, consumer, and military.
Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, Middle East and Africa, and the Asia Pacific regions. The report also analyzes 15 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries present for the manufacturers.
Major players in the thin and ultra-thin films market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the thin and ultra-thin films market.