Lucintel’s latest market report analyzed that thin film coating provides attractive opportunities in consumer electronics, tools & equipment, automotive, aerospace & defense, energy, and medical industry. The thin film coating market is expected to reach $13.2 billion by 2025 with a CAGR of 4.1%. In this market, consumer electronics is the largest segment by end use industry, whereas DLC coating is largest by coating type. The use of thin film coating for making flexible displays. Indium tin oxide (ITO) is almost exclusively used in transparent conductive coatings for high resolution display because of its two important properties, electrical conductivity and optical transparency provides strategic growth path in this market.
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Based on end use industry, the thin film coating market is segmented into consumer electronics, tools & equipment, automotive, aerospace & defense, energy, medical, and others. The consumer electronics segment accounted for the largest share of the market in 2020 and is expected to register the highest CAGR during the forecast period due to increasing demand from electronic display products such as mobiles, laptops and televisions.
Browse in-depth TOC on “Thin Film Coating Market”
86 – Tables
113 – Figures
200 – Pages
The thin film coating market is marked by the presence of several big and small players. Some of the prominent players offering thin film coating include Oerlikon, Materion, Ionbond, HHV Ltd, Richter Precision, Micro Point Pro Ltd., Reynard Corporation, Newport Thin Film Laboratory and others.
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