The global thin film coating market is projected to reach $13.2 billion by 2025, at a CAGR of 4.1% during 2020-2025. The growth of thin film coating market is driven by increasing demand for thin film coating in consumer electronics for high resolution display and other end use industries due to its superior functional properties and performance benefits.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the thin film coating market by
end use industry (consumer electronics, tools & equipment, automotive,
aerospace & defense, energy, medical, and others), coating type (AR &
HR coating, transparent conductive coating, DLC coating, and others), coating
technique (PVD, CVD, and others), coating material (metal, and ceramic), and
region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the thin film coating market?
Q.4 What are some
changing demands of customers in the thin film coating market?
Q.5 What are the new
developments in the thin film coating market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this thin film coating area and how big
of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this thin film coating market?
Emerging trends, which
have a direct impact on the dynamics of the industry, include use of thin film
coating for making flexible displays. Indium tin oxide (ITO) is almost
exclusively used in transparent conductive coatings for high resolution display
because of its two important properties, electrical conductivity and optical
transparency.
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Market Segmentation:
Based on end use
industry, the thin film coating market is segmented into consumer electronics,
tools & equipment, automotive, aerospace & defense, energy, medical,
and others. The consumer electronics segment accounted for the largest share of
the market in 2020 and is expected to register the highest CAGR during the forecast
period due to increasing demand from electronic display products such as
mobiles, laptops and televisions.
Asia Pacific is expected
to be the largest region with the highest growth over the forecast period due
to high production of consumer electronics and rapid industrialization of
automotive, aerospace, defense, and medical industries.
Key Players in the thin film
coating market are Oerlikon, Materion, Ionbond, HHV Ltd, Richter Precision,
Micro Point Pro Ltd., Reynard Corporation, Newport Thin Film Laboratory and
others.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
To read more about this market please click on
https://www.lucintel.com/thin-film-coating-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates winning
strategies for growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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