Market Research Report
Global Transparent Electronics Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023
|Published by||Occams Business Research & Consulting Pvt. Ltd.||Product code||542613|
|Published||Content info||190 Pages
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|Global Transparent Electronics Market Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023|
|Published: July 25, 2017||Content info: 190 Pages||
Transparent electronics is the upcoming technology field which would mainly concentrate on producing transparent or invisible electronics and optoelectronic devices. The global transparent electronics market is expected to grow at a CAGR of 59% during the forecast period 2016-2023. Due to emergence of nanotechnology, the transparent electronics market revenue reached $325 billion, and is expected reach about 2 billion by 2023. Since it is a very advanced technology, there is large demand for transparent electronics in recent years( 2016 and 2017) . Transparent electronics devices have wide range of applications such as automobile windshield, transparent display, wearable display, transparent solar panels etc. The key factors fueling the growth of transparent electronics market is the increasing use of touch enabled devices such as smartphones, laptops, tablets etc. and integration of transparent electronics with other device such as optoelectronic devices and circuits.
North America has the largest revenue share in the global transparent electronics market. Majority of the key market players are situated in U.S. One of the key reasons driving the growth in North America is the large number of touch enable devices are used by Americans. As per Pew Internet research about 95% of the Americans have access to some kind of touch enabled device. America has the highest internet user penetration rate of around 88% as a percentage of total population in 2016. Hence, increasing number of internet user across the globe due to rising demand for smartphone, tablet, etc.
The global transparent electronics market is influenced by the presence of leading companies such as Apple Inc[U.S.] , Cambrios Technologies [U.S.], Corning Inc. [U.S], 3M [U.S.], Saint Gobain SA[ France] etc. Product launches, Joint ventures, Mergers and Acquisition are some of the crucial strategies adopted by the key market players to gain competitive advantage.
Global transparent electronics market report covers segmentation analysis of product type and application. Report further covers segments of product type which includes transparent displays, transparent windows and transparent solar panels. Among these displays, transparent display market is the highest grossing revenue share due to the increasing demand for transparent phones and fitness devices which is very stylish and provides interface between the device and the surrounding environment. Whereas, applications of transparent electronics include Electronics appliances, Media and entertainment, Architecture, Health and surgical, Military and defense, UV detectors etc. Transparent electronics has large demand in the healthcare sector as they are used in aesthetics and surgical instruments.