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Thin Film Material Market – Global Trends & Forecast to 2018


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 – PowerPoint PPT presentation

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Title: Thin Film Material Market – Global Trends & Forecast to 2018

MarketsandMarkets Presents
  • Thin Film Material Market
  • Global Trends Forecast to 2018

  • The thin film material market is expected to grow
    at a healthy CAGR over the next five years to
    reach 10,250 million, by 2018. Europe dominates
    the global market due to high usage of thin film
    materials in its various end-user industries.
    Although the European economy has still not
    recovered from the Euro crisis, it will continue
    to lead this market, followed by North America
    and Asia-Pacific.
  • The factors that drive growth in the thin film
    material market include high demand from current
    emerging applications, increased demand for
    efficiency miniaturization, advancement in
    technology, government policies, mandates, and
    subsidies. The factors that are providing
    hindrance in the growth of this market are the
    low conversion efficiency and huge investments
    required in RD and technology.

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  • The increase of concerns stemming from climate
    change and global warming has drawn the interest
    of several governments across the world towards
    renewable and green energy sources. Countries
    like Germany, India, the U.S., and the U.K. are
    offering fiscal incentives and schemes to
    encourage and drive the use of renewable energy.
    Government subsidies have played a major role in
    the growth of the solar power industry. Thin film
    materials offer a solution to this problem as
    these materials are efficient, effective, and
    reliable. The ease of miniaturization offered by
    these materials is one of the important reasons
    for MEMS industry to increasingly utilize micro

  • The thin film material market is anticipated to
    increase at a healthy rate annually, to reach
    10,250 million, by 2018. These materials are
    primarily used in photovoltaic solar cells, MEMS,
    electrical, semiconductor and optical coating.
    The photovoltaic solar cells industry is growing
    at a high rate, while the MEMS industry is
    experiencing steady growth. The report covers the
    global 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.

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