Market Research Report
Transparent Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024
|Published by||IMARC Services Private Limited||Product code||731879|
|Published||Content info||108 Pages
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|Transparent Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024|
|Published: June 10, 2019||Content info: 108 Pages||
The global transparent electronics market reached a value of US$ 797 Million in 2018. Transparent electronics represent an emerging field that focusses on producing 'invisible' electronics circuit and optoelectronics devices. The technology involves replacing the normally opaque semiconductor materials forming the basis of electronic device fabrication with transparent materials. There are two different technologies that are used in making these devices: Transparent Conducting Oxides (TCOs) and Thin Film Transistors (TFTs).
Transparent electronics currently have a diverse range of applications. Using this technology, nearly every glass setting can be transformed in to an electronic device; windows could also be utilized as power generators, automobile windshields could be used to transfer visual information to the driver. Transparent electronics, also have wide applications in defense. For instance, by using navigation displays, soldiers can see realtime video and graphics information.
Transparent electronics offers numerous advantages over conventional electronics such as more mobility, lower processing temperature, strong performance and flexibility, etc. The application of OLED as a display provides an advantage such as higher brightness and lower energy consumption. Transparent solar cells provide a significant advantage over conventional solar cells as they require lower space, give more energy, are environment friendly, can replace the ordinary window glass and can become a domestic electricity generator. Looking forward, we expect the global transparent electronics market to grow at a CAGR of 29.8% during 2019-2024, reaching a value of US$ 3,814 Million by 2024.