Market Size | CAGR | Dominating Region |
---|---|---|
USD 11.07 billion | 9.2% | North America |
By Application | By Material | By Region |
---|---|---|
|
|
|
SCOPE OF THE REPORT
Transparent Conductive Film Market Overview
The global transparent conductive film market is expected to grow at 9.2% CAGR from 2022 to 2029. It is expected to reach above USD 11.07 billion by 2029 from USD 5.04 billion in 2020.
Transparent conductive films constitute thin, optically translucent layers endowed with electrical conductivity, primarily composed of materials such as indium tin oxide (ITO), thereby facilitating both light transmission and electric current conduction. These films are integral components in diverse technologies including touchscreens, solar cells, and flexible electronics, where the simultaneous requirements of transparency and conductivity are paramount.
The burgeoning popularity of wearable devices, such as smartwatches and fitness trackers, has catalyzed the demand for transparent conductive films. These films play a pivotal role in enabling the realization of flexible and interactive displays in wearables, thereby contributing to a seamless user experience. As consumers increasingly gravitate towards more sophisticated and feature-rich wearables, transparent conductive films assume significance in driving the development of innovative display technologies, thereby enhancing both functionality and aesthetics of these devices.
The rising consumer inclination towards displays equipped with anti-reflective coatings, in conjunction with transparent conductive films, underscores a preference for high-quality screens devoid of glare. This synergy minimizes reflections, thereby optimizing visibility and ensuring superior viewing experiences. With technological advancements, the integration of transparent conductive films with anti-reflective coatings assumes pivotal importance, particularly in devices like smartphones, tablets, and laptops, where users prioritize unimpeded display clarity without the intrusion of unwanted glare or reflections.
Tailoring transparent conductive films to meet the distinctive requirements of industries such as aerospace, defense, and industrial applications presents targeted solutions tailored to address specific challenges encountered in these sectors, thereby ensuring optimal performance in demanding environments. This customization fosters opportunities within niche market segments, enabling transparent conductive films to assume specialized roles in enhancing electronic displays, touch interfaces, and flexible electronics, while adhering to the stringent standards prevalent in these industries.
Transparent Conductive Films Market Segment Analysis
The global transparent conductive film market is segmented by application, material and region.
The application segments for the market include smartphones, notebooks, all-in-one tablet PCs, monitors and TV displays, OLED lighting, Organic Photovoltaics (OPV), and Dye-Sensitized Solar Cell (DSSC). Because of the growing demand for touch-enabled devices and the industry penetration of portable computing devices, demand is increasing across various application sectors. OPV and DSSC, as well as OLED lighting, are also potential markets; however, they are expected to grow slowly during the forecast period due to demand uncertainty. TCF unit consumption in smartphones is much higher than in tablets and tablet PCs. In the current market, smartphones are expected to generate the most demand, followed by tablets and tablet PCs. OLED lighting and photovoltaic applications are a small but promising industry. Multiple options for a specific application, as well as the lack of a one-size-fits-all solution, are expected to stymie market demand.
These films can be classified based on the material used, which include Indium Tin Oxide (ITO) on glass, ITO on PET, non-ITO oxides, silver nanowires, carbon nanotubes, grapheme, micro-fine wire, and metal mesh. The market is dominated by ITO films. Strong trends, however, appear to have been undermining its dominance for a long time; necessary technologies had reached their performance limit, and thus could not serve the growing needs such as high mechanical flexibility and ultralow sheet resistance. The availability of new substitutes has resulted in an increase in both performance and cost savings. Silver nanowires and metal mesh have lower sheet resistance than ITO and other alternatives without sacrificing optical quality significantly. Their pricing strategy remains based on undercutting ITO in order to maintain a more-for-less value proposition, despite the fact that this is becoming increasingly difficult.
Transparent Conductive Films Market Players
The transparent conductive films market key players include 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.).
To increase their market position, these businesses have implemented a variety of growth tactics. These companies are using expansion, new product development, mergers and acquisitions, and collaboration as important growth strategies to improve their product portfolio and geographical presence in order to meet the rising demand for corrugated packaging from emerging economies.
Who Should Buy? Or Key Stakeholders
- Manufacturers of transparent conductive films
- Traders, distributors, and suppliers of transparent conductive films
- Government and research organizations
- Investment firms
Key Takeaways
- The global transparent conductive film market is expected to grow at 9.2% CAGR.
- The application segments for the market, TCF unit dominates the market segment.
- Based on the material used, the market is dominated by ITO films.
- North America is expected to be the leading contributor to the growth of the market of transparent conductive films.
- The integration of alternative transparent conductive materials to mitigate reliance on indium tin oxide (ITO) emerges as a major trend in transparent conductive films.
Transparent Conductive Films Market Regional Analysis
The transparent conductive films market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
North America is expected to be the leading contributor to the growth of the market of transparent conductive films . Technological advancements in the electronics sector are expected to result in significant growth opportunities. Because of rising demand for smartphones, LCDs, and smart gadgets, Asia Pacific is expected to see significant growth in the conductive films market. The increased use of electronic devices may boost growth prospects.
Key Market Segments: Transparent Conductive Films Market
Global Market by Application, 2020-2029, (USD Million)
- Smartphones
- Tablets
- Notebooks
- LCDS
- Wearable Devices
- Others
Global Market by Material, 2020-2029, (USD Million)
- Ito On Glass
- Ito On Pet
- Silver Nanowires
- Metal Mesh
- Carbon Nanotubes
- Others
Global Market by Region, 2020-2029, (USD Million)
- North America
- Europe
- Asia Pacific
- South America
- Middle East And Africa
Important countries in all regions are covered.
Key Question Answered
- What is the current size of the global market?
- What are the key factors influencing the growth of transparent conductive films?
- What is the major end-use industry for transparent conductive films?
- Who are the major key players in the global market?
- Which region will provide more business opportunities for transparent conductive films in future?
- Which segment holds the maximum share in the market transparent conductive films ?
Table of Content
- Introduction
- Market Definition
- Market Segmentation
- Research Timelines
- Assumptions and Limitations
- Research Methodology
- Data Mining
- Secondary Research
- Primary Research
- Subject-Matter Experts’ Advice
- Quality Checks
- Final Review
- Data Triangulation
- Bottom-Up Approach
- Top-Down Approach
- Research Flow
- Data Sources
- Data Mining
- Executive Summary
- Market Overview
- Global Transparent Conductive Films Market Outlook
- Market Drivers
- Market Restraints
- Market Opportunities
- Impact of Covid-19 On Transparent Conductive Films Market
- Porter’s five forces model
- Threat from new entrants
- Threat from substitutes
- Bargaining power of suppliers
- Bargaining power of customers
- Degree of competition
- Industry value chain Analysis
- Global Transparent Conductive Films Market Outlook
- Global Transparent Conductive Films Market by Application
- Smartphones
- Tablets
- Notebooks
- LCDs
- Wearable Devices
- Others
- Global Transparent Conductive Films Market by Material
- ITO on Glass
- ITO on PET
- Silver Nanowires
- Metal Mesh
- Carbon Nanotubes
- Others
- Global Transparent Conductive Films Market by Region
- North America
- US
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Colombia
- Rest Of South America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest Of Europe
- Asia Pacific
- India
- China
- Japan
- South Korea
- Australia
- South-East Asia
- Rest Of Asia Pacific
- Middle East and Africa
- UAE
- Saudi Arabia
- South Africa
- Rest Of Middle East and Africa
- North America
- Company Profiles* (Business Overview, Company Snapshot, Products Offered, Recent Developments)
- Nitto Denko Corporation
- Teijin Ltd.
- TDK Corporation
- Toyobo Co., Ltd
- Gunze
- Canatu OY
- Cambrios Technologies Corporation
- C3nano
- Dontech Inc.
- Blue Nano Inc. United Group
*The Company List Is Indicative
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL TRANSPARENT CONDUCTIVE FILMS MARKET BY REGION (USD MILLIONS) 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â US TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â CANADA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â MEXICO TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â Â INDIA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â Â CHINA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â Â JAPAN TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH-EAST ASIA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â Â GERMANY TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â Â UK TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â Â UK TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â Â FRANCE TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â Â ITALY TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â Â SPAIN TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â Â RUSSIA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF EUROPE TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â Â UAE TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â Â UAE TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION (USD MILLIONS) 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL (USD MILLIONS) 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â GLOBAL TRANSPARENT CONDUCTIVE FILMS MARKET BY APPLICATION, USD MILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â GLOBAL TRANSPARENT CONDUCTIVE FILMS MARKET BY MATERIAL, USD MILLION, 2020-2029
FIGURE 10Â Â Â Â GLOBAL TRANSPARENT CONDUCTIVE FILMS MARKET BY REGION, USD MILLION, 2020-2029
FIGURE 11    PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â NORTH AMERICA TRANSPARENT CONDUCTIVE FILMS MARKET SNAPSHOT
FIGURE 13Â Â Â Â EUROPE TRANSPARENT CONDUCTIVE FILMS MARKET SNAPSHOT
FIGURE 14Â Â Â Â ASIA PACIFIC TRANSPARENT CONDUCTIVE FILMS MARKET SNAPSHOT
FIGURE 15Â Â Â Â SOUTH AMERICA TRANSPARENT CONDUCTIVE FILMS MARKET SNAPSHOT
FIGURE 16Â Â Â Â MIDDLE EAST & AFRICA TRANSPARENT CONDUCTIVE FILMS MARKET SNAPSHOT
FIGURE 17Â Â Â Â NITTO DENKO CORPORATION: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â TEIJIN LTD.: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â TDK CORPORATION: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â TOYOBO CO., LTD: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â GUNZE: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â CANATU OY: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â CAMBRIOS TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â C3NANO: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â DONTECH INC.: COMPANY SNAPSHOT
FIGURE 26Â Â Â Â BLUE NANO INC. UNITED GROUP: COMPANY SNAPSHOT
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