Thin film material market size to grow by USD 2.83 billion from 2022

Jul 01, 2023

News provided by

12 Jul, 2023, 23:15 ET

Share this article

NEW YORK, July 12, 2023 /PRNewswire/ -- The thin film material market size is estimated to grow by USD 2.83 billion from 2022 to 2027. The market will progress at a CAGR of 4.47% according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including Ascent Solar Technologies Inc., AVANCIS GmbH, Cicor Management AG, 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. Download a Sample Report Now!

Thin film material market Insights -

To understand more about the thin film material market, request a sample report

Key factor driving market growth

Leading trends influencing the market- Increased production efficiency is the key trend in the market.

Major challenges hindering the market growth- The cost competitiveness of thin film materials is one of the major challenges impeding growth.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The thin film material market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

Why Buy?

Grow your profit margin with Technavio- Buy the Report

What are the key data covered in this thin film material market report?

Gain instant access to 17,000+ market research reports.

Technavio's SUBSCRIPTION platform

Related Reports:

The thin client market is estimated to grow at a CAGR of 1.91% between 2022 and 2027. The size of the market is forecast to increase by USD 124.13 million. This report extensively covers market segmentation by end-user (BFSI, IT and telecom, healthcare, retail, and others), form factor (standalone, with monitor, and mobile), and geography (North America, Europe, APAC, South America, and Middle East and Africa). The cost reduction is notably driving the market growth.

The film capacitor market size is estimated to grow at a CAGR of 3.18% between 2022 and 2027. The size of the market is forecast to increase by USD 477.85 million. This report extensively covers market segmentation by type (polyester film capacitors, polypropylene film capacitors, PTFE film capacitors, and others), application (AC applications and DC applications), and geography (APAC, Europe, North America, Middle East and Africa, and South America). The increasing investments in R&D are notably driving market growth.

Thin film material market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.47%

Market growth 2023-2027

USD 2.83 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.97

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 38%

Key countries

US, China, Japan, Germany, and UK

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Ascent Solar Technologies Inc., AVANCIS GmbH, Cicor Management AG, 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.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

1 Executive Summary

2 Market Landscape

3 Market Sizing

4 Historic Market Size

5 Five Forces Analysis

6 Market Segmentation by Type

7 Market Segmentation by Application

8 Customer Landscape

9 Geographic Landscape

10 Drivers, Challenges, and Trends

11 Vendor Landscape

12 Vendor Analysis

13 Appendix

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

ContactTechnavio ResearchJesse MaidaMedia & Marketing ExecutiveUS: +1 844 364 1100UK: +44 203 893 3200Email: [email protected]Website: www.technavio.com

SOURCE Technavio