Thin Film Material Market categorizes the Global market by Type (CdTe, CIGS, a-Si), End-User Industry (Photovoltaic Solar Cells, MEMS, Optical Coating)& Deposition Processes

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MarketsandMarkets Presents
Thin Film Material Market targets 10,250 Million
by 2018
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in-film-material-market-232915487.html
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The report Thin Film Material Market, By Type
(CdTe, CIGS, a-Si, Others), End-User Industry
Photovoltaic Solar Cells, MEMS, Semiconductors
and Electrical (Circuit Boards), Optical Coating,
Others, and Deposition Processes Global Trends
Forecast to 2018 , defines and segments the
thin film material market with an analysis and
forecast of the market value. The thin film
material market value will grow to 10.25 billion
by 2018, at a significant CAGR from 2013 to
2018.                              Browse gtgt
94 Data Tables 50 Figures
226 Pages and in-depth TOC on Thin Film
Material Market http//www.marketsandmarkets.c
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487.html Early buyers will receive 10
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The advantages offered by thin film material in
industrial as well as domestic operations,
coupled with the rising demand for efficiency and
miniaturization, will continue to drive the thin
film material market. The growing demand from
end-user industries would be responsible for the
growth of thin film material market at a very
swift pace in the future.   Globally, thin film
material manufacturing companies are dependent on
the government funding and subsidies. During the
global economic crisis, U.S. and the European
countries were affected the most. Many countries
such as the U.S. and Germany stopped the funding
subsidies provided to the thin film material
manufacturing companies. This resulted in
bankruptcy, closure, or acquisition of these
companies by their Chinese counterparts. It also
affected the thin film material market adversely
causing the revenues to decline in 2013. But the
recovering global economy combined with the
stringent government regulation and funding from
venture capitalists is estimated to provide the
market with a necessary boost in the future.
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The thin film material market is growing
steadily in Europe, but will continue to grow at
a rapid pace in Asia-Pacific. The countries such
as China and Japan are the major contributors to
the growing market of Asia-Pacific. The North
American markets for thin film material will also
continue to grow at a significant rate. The
African and Latin American markets have still not
realized their full potential but their growth
rates would be considerably higher as compared to
others owing to low base effect.   The thin
material market is highly competitive and most
companies dont offer all types of thin film
material. First Solar (U.S.) is a major player
which has dominated the CdTe market, accounting
for nearly 90 of the total CdTe market in 2012.
Hanergy (China) dominated the CIS/CIGS market
occupying around one-third of the market by
acquiring other bankrupt companies in 2012.
Ascent Solar (U.S.), Kaneka Solar Energy (Japan),
and Solar Frontier (Japan) are the other major
companies offering CIS/CIGS technology. The a-Si
technology is majorly used by Asian companies
such as Anwell Solar (Hong Kong), Suntech Power
Co. Ltd. (China), and Moser Baer (India).
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Thin film materials are appropriate for
high-density and high-frequency applications.
Thin film materials are used for number of
applications in several industries such as
photovoltaic solar cells, MEMS, semiconductor,
electrical and optical coating. One of the key
factors contributing to this market growth is the
increasing use of solar energy. The market has
also witnessed growth due to various governments
investing increasingly in the solar industry
globally. However, the shortage of raw material
used for the production of thin films could pose
a challenge for the growth of this market.   The
report covers the thin film material market and
its trends that concern five regions, namely,
Europe, North America, Asia-Pacific, The Middle
East Africa, and Latin America and the major
countries in each region such as U.S., Canada,
Germany, France, Italy, China, Japan, India, and
others.. Thin film material by types, which are,
amorphous silicon (a-Si), cadmium telluride
(CdTe), and copper indium gallium selenide (CIGS)
along with others have also been studied. Thin
film material deposition processes such as,
chemical process and physical process are
covered.
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