PUBLISHER: Allied Market Research | PRODUCT CODE: 1097730
PUBLISHER: Allied Market Research | PRODUCT CODE: 1097730
The global transparent conductive films market size was valued at $4.94 billion in 2020, and is projected to reach $12.89 billion by 2030, registering a CAGR of 10.8% from 2021 to 2030. Transparent conductive films are thin films made up of optically transparent and electrically conducting materials that are used in a range of opto-electronic devices such as touchscreens, LCDs, and OLEDs as well as electrochromic glass, solar panels, and other applications. The majority of these films are made of indium tin oxide (ITO). Other materials used to generate transparent conductive films include silver nanowires, conductive polymers, thin metal films, carbon nanotubes, and oxides.
Growth of the global transparent conductive films market is anticipated to be driven by factors such as rising adoption of touch UI interface devices, and declining cost of smartphones. In addition, features such as low power consumption, minimal reflection, thinness, flexibility & robustness of transparent conductive films boost the market growth. However, high operating cost of transparent conductive films products acts as a major restraint for the market. On the contrary, rising demand for tablet PCs and notebooks is expected to fuel the market growth during the forecast period.
The global transparent conductive films market is segmented on the basis of material, application, and region. By material, the market is classified into Indium Tin Oxide (ITO) on Glass, Indium Tin Oxide (ITO) on PET, silver nanowire, carbon nanotubes, conductive polymers, and others. On the basis of application, the market is divided into smartphones, notebooks, tablet, PC, wearable devices, and others.
Region wise, the transparent conductive films market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). Asia-Pacific dominated the transparent conductive films market in 2020, and is projected to register significant growth rate during the forecast period, owing to rise in the automotive segment. Also, Asia-Pacific is expected to witness significant growth by the end of the forecast period, followed by LAMEA. The key players operating in the market include 3M, Cambrios Technologies Corporation, Canatu Oy, Dontech Inc., Dupont Teijin Films, Eastman Kodak Company, Fujifilm Holdings Corporation, Nitto Denko Corporation, TDK Corporation, and Toyobo Corporation.
By Material
By Application
By Region