Global Electronic Films Market Size By Film Type (Conductive, Non-Conductive), By Material Type (Polymer, Metal Mesh), By Application (Electronic Display, Semiconductors), By Geographic Scope And Forecast
Published on: 2024-08-13 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global Electronic Films Market Size By Film Type (Conductive, Non-Conductive), By Material Type (Polymer, Metal Mesh), By Application (Electronic Display, Semiconductors), By Geographic Scope And Forecast
Electronic Films Market Size And Forecast
Electronic Films Market size was valued at USD 8.29 Billion in 2021 and is projected to reach USD 15.25 Billion by 2030, growing at a CAGR of 7% from 2023 to 2030.
The consumer electronics sector is closely related to the market for electronic films. The market is being driven by the growing trend of digitization in emerging markets. The demand for display devices is growing as more businesses, acaTDK Corporation institutions, and governmental organizations use the Internet of Things (IoT). The market growth is also being impacted by rising investments in large infrastructure projects like smart cities and intelligent transportation systems. The Global Electronic Films Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Electronic Films Market Definition
Electronic films are thin, flexible materials with electronic characteristics that make it possible to manipulate and regulate electrical impulses and currents. These films can be deposited onto a substrate in thin layers and are often made of a variety of materials, including semiconductors, conductors, and insulators. Many different electronic systems and devices, such as displays, touchscreens, photovoltaics, sensors, and flexible electronics, use electronic films. They may be conformally integrated onto curved or uneven surfaces thanks to their flexibility, which makes them excellent for wearable and flexible electronics. Electronic film characteristics can change depending on how they are made and what materials are used.
Semiconducting films, for instance, may possess characteristics like conductivity, enabling them to convey electrical currents to some extent. Conversely, conductive films have high electrical conductivity, making them ideal for use as electrodes or as a means of conveying electrical signals. Insulating films are used to electrically isolate various parts of a device because of their high electrical resistance. Electronic films are thin, flexible materials used in various applications within the electrical and electronics industry. They can be classified into non-conductive films and conductive films, each serving different purposes. Non-conductive films provide insulation and protection, while conductive films offer high electrical conductivity. These films are made from different materials, including polymer films, ITO on glass, ITO on PET, and metal mesh films.
Polymer films are flexible and lightweight, making them suitable for a wide range of electronic applications. ITO films on glass provide transparency and conductivity, making them ideal for electronic displays. ITO films on PET offer flexibility and transparency, often used in flexible displays and touchscreens. Metal mesh films, consisting of fine metal wires or meshes, are used for transparent conductivity in touchscreens and similar applications. Electronic films find widespread use in electronic displays, PCBs, and semiconductor applications. Their flexibility, conductivity, transparency, and protective properties make them essential components for enhancing performance, reliability, and functionality in various electronic devices and systems.
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Global Electronic Films Market Overview
The market for electronic films has grown dramatically over the past few years as a result of increased demand for electronic devices, scientific advancements, and the use of flexible and lightweight electronics. Electronic films are essential for the creation of cutting-edge electronic systems and components, including flexible displays, touchscreens, printed circuit boards, solar panels, and electronic packaging. Due to their capacity to improve the characteristics of electronic devices, electronic films are utilized extensively in the electrical and electronics industries. Electronic films are used in layered technologies to enhance the conductivity, optical clarity, insulation, and protection of many electronic components and systems.
The market for electronic films is significantly influenced by the growing popularity of electronic devices including smartphones, tablets, laptops, and smart TVs. The durability and usability of displays, touchscreens, and protective coatings are improved by using electronic films in these components. The demand for electronic films is also being driven by the development of flexible and wearable electronics. These films make it possible to create stretchable electronic parts, bendable sensors, and flexible displays, which makes it possible to create novel and comfortable electronic products. The market for electronic film is expanding as a result of ongoing improvements in film composition, deposition methods, and manufacturing procedures.
Electronic films are now more accessible and desirable for a variety of applications thanks to these developments’ enhanced film performance, increased production efficiency, and cost reduction. The increasing processing expense associated with ITO-based electronic films is a significant restraint in the market. Indium tin oxide (ITO) is a commonly used material for transparent conductive coatings in electronic films, especially in display technologies like OLED, LCD, and touchscreens. However, the high cost and limited supply of indium present challenges for the widespread adoption of ITO-based electronic films. Indium is considered a relatively rare element, with a low concentration in the earth’s crust.
The scarcity of indium contributes to its high cost, making ITO-based electronic films expensive compared to alternative materials. The limited supply of indium raises concerns about long-term availability and sustainability in the market. This cost factor can hinder the mass adoption of ITO-based electronic films, particularly in price-sensitive applications or industries. However, the advancements in printed circuit boards (PCBs) have significantly influenced the Electronic Films Market by driving the demand for insulation, protection, and enhanced performance.
The miniaturization and high-density integration of PCBs require thinner and more flexible electronic films. The growth of flexible PCBs and the emergence of applications like IoT devices create opportunities for electronic films with suitable properties. The demand for advanced materials in electronic films has also increased to meet the requirements of high-speed and high-frequency PCB designs. Overall, the developments in PCB technology have created tremendous growth opportunities for the Electronic Films Market, as they play a vital role in supporting the functionality and reliability of PCB-based applications in various industries.
Global Electronic Films Market Segmentation Analysis
The Global Electronic Films Market is segmented on the basis of Film Type, Material Type, Application, and Geography.
Electronic Films Market, By Film Type
- Conductive
- Non-Conductive
Based on Film Type, the market is segmented into Conductive and Non-Conductive. The market for electronic films is dominated by non-conductive films, which are anticipated to expand at a CAGR of 8% over the coming years. These films, which are insulating materials that don’t conduct electricity, are used in a variety of cutting-edge equipment, including ellipsometers, C-V systems, electron microscopes, and ion mills. They serve as electrical insulation and protection against short circuits and electrical interference principally because of their dielectric characteristics. Due to their capabilities in the areas of resolution and testing, x-ray, wave vectors, and constructive interference, they are also used in the industrial and manufacturing sectors. The development of non-conductive films is also fueled by the thermos-compression bonding between printed board circuits and electronic devices in the industrial sector.
Comparatively, conductive films are those that have electrical conductivity and are frequently utilized in applications that require the transmission of electrical signals or the dissipation of static electricity. Conducive films are in high demand since they are crucial parts of the future generation of electronic devices, and consumer electronics applications are witnessing an increase in technological improvements. The printed circuit boards (PCBs) and sensors, as well as displays and touchscreens, are all examples of electronic gadgets that utilize them.
Electronic Films Market, By Material Type
- Polymer
- Metal Mesh
- ITO on Pet
- ITO on Glass
Based on Material Type, the market is segmented into Polymer, Metal Mesh, ITO on Pet, and ITO on Glass. The market’s largest stakeholder during the anticipated term will be the Polymer sector. Polymer-based electronic films are barriers that are used in the chemical, medicinal, and food industries to shield electronic components from the outside elements. These films are ideal for applications that call for bendable or conformable electrical devices because of their flexibility, low weight, and durability.
Flexible screens, wearable electronics, printed circuit boards (PCBs), and packaging materials all frequently use polymer films. Following this, the ITO on Glass category is the fastest expanding. A transparent conductive layer of ITO is also present in ITO on glass films, but it is deposited on a glass substrate. Because of their high optical transparency and electrical conductivity, these films are ideal for use in electronic displays, touch panels, photovoltaic devices, and architectural glass coatings.
Electronic Films Market, By Application
- Electronic Display
- Semiconductors
- PCB
Based on Application, the market is segmented into Electronic Display, Semiconductors, and PCB. The market’s largest stakeholder during the anticipated term is the Electronic Display segment. Electronic displays include a variety of gadgets, such as touchscreen displays, OLED (organic light-emitting diode), LED (light-emitting diode), and LCD (liquid crystal display).
Due to the increased demand for digital infrastructure, electronic film-based display applications are increasingly being used in a variety of industries, including consumer electronics, retail, healthcare, and other sectors. This presents a large opportunity for market expansion. Additionally, the market is growing as a result of increased manufacturing activity and investment across commercial sectors in recent years, with an emphasis on applications for smart infrastructure like digital displays and smartphones.
Electronic Films Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Based on Regional Analysis, the Global Electronic Films Market is classified into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The region with the largest market share is Asia-Pacific and growth there is anticipated over the projection period. One of the factors driving the growth of the Asia-Pacific Electronic Films Market is the increased need for 5G infrastructure and consumer electronics in major markets such as China, South Korea, Singapore, and India. Additionally, the region’s major semiconductor plants have benefited greatly from the global scarcity of automotive and consumer electronics chips. The market for electronic film technology is expanding as a result.
Key Players
The “Global Electronic Films Market” study report will provide valuable insight with an emphasis on the global market including some of the major players of the industry are Eastman Kodak Company, Panasonic Corporation, 3M Company, The Chemours Company, Toray Industries Inc., Nitto Denko Corporation, GUNZE LIMITED, Teijin Limited, TOYOBO Co., Ltd., DuPont de Nemours Inc. (DuPont), Saint-Gobain S.A., TDK Corporation, Mitsubishi Chemical Holding, TDK Corporation, and Gunze Limited.
Our market analysis provides in-depth information on key players, including information on their financial statements, product portfolios, product benchmarking, and SWOT analyses. Along with market share research, important development strategies, recent advancements, and market ranking analysis of the aforementioned competitors globally are also included in the competitive landscape section.
Key Developments
- Apple claims to have begun producing the iPhone 14 in India in September 2022 as part of a supply chain diversification strategy away from China.
- Leland Weaver, President of DuPont’s Water & Protection division, led a virtual teach-in on the Shelter Solutions business line in June 2022.
- DuPont reported that the previously announced sale of its Biomaterials business unit to the Huafon Group for an estimated USD 240 million purchase price had been completed as of May 31, 2022.
Report Scope
Report Attributes | Details |
---|---|
Study Period | 2018-2030 |
Base Year | 2021 |
Forecast Period | 2023-2030 |
Historical Period | 2018-2020 |
Unit | Value (USD Billion) |
Key Companies Profiled | Eastman Kodak Company, Panasonic Corporation, 3M Company, The Chemours Company, Toray Industries Inc., Nitto Denko Corporation. |
Segments Covered | By Film Type, By Material Type, By Application, and By Geography. |
Customization scope | Free report customization (equivalent to up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope |
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