Global Electronic Films Market will Reach Nearly USD 25.6 Billion, Expanding at a CAGR of 8.3% during the Forecast Period of 2030
The Global Electronic Films Market size is forecast to reach USD 11.66 billion from USD 7.72 billion in 2019, delivering a CAGR of 5.2% through 2027. The growth of the electronic films market is driven by demand for smartphones, tablets, and other electronic devices integrated with electronic displays, the massive popularity of the touchscreen technology, along with the emergence of 5G.
Electronic films are used in circuit materials of a variety of consumer electronics products like smartphones, computers, tablets and play a crucial role in the design and manufacturing of the modern era’s high technology electronic displays. The extensive application of the product in consumer electronics is a result of its excellent properties such as high-temperature tolerance, chemical resistance, low coefficient of friction, exceptional conductivity, optical transparency, UV & weather resistance, high insulation, moisture resistance, low dielectric constant, and low surface energy.
The growing popularity of flexible display films and wearable displays among consumers will significantly contribute to the electronic films market revenue share over the forecast period. The rapid proliferation of IoT (Internet of Things) across industries, government institutes, and academic institutes is fuelling the demand for display devices. Huge investments by governments across the globe for infrastructure development projects such as intelligent transportation systems and smart cities and will foster electronic films market share over the analysis period.
Moreover, surging demand for display panels with high resolution, fast response time, and high-quality displays are contributing to significant innovations, which will subsequently result in substantial industry growth.
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Top Profiled in the Electronic Films Market Report:
- Toray Industries Inc
- Saint-Gobain S.A
- Nitto Denko Corporation
- The Chemours Company
- Teijin Ltd
- Toyobo C
- 3M Corporation
- TDK Corporation,
- Mitsubishi Chemical Holding
- Oike & Co. Ltd
- O-film Tech Co Ltd
- Sharp Corporation
Material Outlook (Revenue, USD Billion; 2017-2027)
- ITO on Glass
- ITO on PET
- Metal Mesh
- Copper Films
Film type Outlook (Revenue, USD Billion; 2017-2027)
End Use Outlook (Revenue, USD Billion; 2017-2027)
- Electronic Display
- Printed Circuit Boards
- Electric Wires & Cables
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Key Takeaways of the Electronic Films Market Report:
- A comprehensive overview of the global Electronic Films industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the Electronic Films Market.
- Elaborate study of the leading regional markets in the Electronic Films Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
Key Regional Markets Covered in the Report:
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- Rest of Middle East & Africa
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