The report "Transparent Conductive Films Market by Application (Smartphones, Tablets, Notebooks, LCDs, Wearable Devices), Material (ITO on Glass, ITO on PET, Metal Mesh, Silver Nanowires, Carbon Nanotubes), and Region - Global Forecast to 2026", The transparent conductive films market is projected to reach USD 8.46 billion by 2026, at a CAGR of 9.4% from 2016 to 2026. Growing usage of transparent thin films as an important component in various electronic devices are fueling the growth of transparent conductive films market. This growth is mainly attributed to the increasing demand for transparent conductive films in smartphones tablets, notebooks, LCD’s, wearable devices and other application.
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On the basis of Application:
Smartphones
Tablets
Notebooks
LCDs
Wearable Devices
Others
On the basis of Region:
Asia-Pacific
North America
Europe
Middle East & Africa
South America
Key Market Players -
Key players in the transparent conductive films market are Teijin Ltd (Japan), Toyobo Co., Ltd (Japan), Nitto Denko Corporation (Japan), TDK Corporation (Japan ), Canatu Oy (Finland), Cambrios Technologies Corporation (U.S.), C3Nano (U.S.), Gunze (Japan), Dontech Inc. (U.S.), and Blue Nano Inc. (U.S.)., among others.
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The smartphone application segment is projected to lead the market during the forecast period.
The smartphones application segment of transparent conductive films market, accounted for a major share of the transparent conductive films in 2016, followed by tablets, and notebooks application. The demand for smartphone is rapidly increasing due to its advance computing capabilities, connectivity, and advance multimedia features. Various Operating Systems developer (OS) has also played a pivotal role in the advancement of technology of smartphones. Android, iOS, Windows Phone, BlackBerry, Symbian, and others are some of the major OS. Connectivity has also played a major role in the growth of smartphones application. 3G telecommunications and Wi-Fi configuration are the major connectivity components behind the growth of smartphones.
The indium tin oxide segment is projected to grow at the highest CAGR, in terms of value during the forecast period.
Indium tin oxide, owing to its excellent properties such as optical transparency, electrical conductivity, and the ease to be deposited as films, is widely used as transparent conducting oxide.. ITO on glass is used in varied application areas including transparent ITO-electrode, displays, heatable ITO slides & cover slips, transparent shielding glass, and flat antennas, among others.