According to a new market report published by Lucintel, the future of the global thin film coating market looks promising with opportunities in consumer electronics, tools & equipment, automotive, aerospace & defense, energy, and medical. The global thin film coating market is expected to reach an estimated $14.6 billion by 2027 and it is forecast to grow at a CAGR of 5.4% from 2021 to 2027. The major drivers for this market are increasing demand for thin film coating in end use industries due to superior functional properties and performance benefits.
Browse 86 market data tables and 113 figures spread through 188 pages and in-depth TOC on "Global Thin Film Coating Market"
To download report brochure, please go to https://www.lucintel.com/thin-film-coating-market.aspx and click "report brochure" tab from the menu.The rise in demand from consumer electronics, and energy industries which increases market for thin film coatings in the Asia-Pacific, European, and North American regions. growing demand for thin film coating in automotive engine components is projected to drive the global thin film coating market.
Consumer electronics, tools & equipment, automotive, and aerospace & defense are the major segments of the thin film coating market by end use industry. On the basis of its comprehensive research, Lucintel forecasts that the consumer electronics, aerospace & defense, tools & equipment, and other segments will show above average growth during the forecast period.
Anti-reflective (AR) & high-reflective (HR) coating, transparent conductive coating, and Diamond-Like Carbon (DLC) Coating are the major segments of the thin film coating market by coating type. The transparent conductive coating and AR & HR coating segments are expected to show above average growth during the forecast period due to its increasing usage in end use industries like consumer electronics, automotive, aerospace & defense, and energy.
APAC is expected to remain the largest region over the forecast period. North America is likely to register the growth due to rising demand for thin film coating in the consumer electronics, tools & equipment, automotive, aerospace & defense, energy industries.
Emerging trends, which have a direct impact on the dynamics of the industry, include use of thin film coating for making flexible devices and larger touch screens. Indium tin oxide (ITO) is almost exclusively used in transparent conductive coatings. The market for transparent conductive coatings has exploded because of the increased demand and development of touch screen displays, thin-film solar cells, and light emitting devices. Oerlikon, Materion, Ionbond, HHV Ltd, and ULVAC Inc. are the major suppliers in the global thin film coating market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global thin film coating market by end use industry, coating type, coating technique, coating material, and region. Lucintel has compiled a comprehensive research report entitled “Growth Opportunities in the Global Thin Film Coating Market 2022-2027: Trends, Forecast, and Opportunity Analysis.” The Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes a forecast for the global thin film coating market by end use industry, coating type, coating technique, coating material, and region, as follows:
By End Use Industry [Value ($B) shipment analysis for 2016 – 2027]
•Consumer Electronics
•Tools & Equipment
•Automotive
•Aerospace & Defense
•Energy
•Medical
•Others
By Coating Type [Value $B shipment analysis for 2016 – 2027]
•Anti-reflective & High-reflective Coating
•Transparent Conductive Coating
•Diamond Like Carbon Coating
•Others
By Coating Technique [$B shipment analysis for 2016 – 2027]
•Physical Vapor Deposition (PVD)
•Chemical Vapor Deposition (CVD)
•Others
By Coating Material [$B shipment analysis for 2016 – 2027]
•Metal
•Ceramic
By Region [$B shipment analysis for 2016 – 2027]
•North America
−US
−Canada
−Mexico
•Europe
−Germany
−United Kingdom
−France
•Asia Pacific
−China
−Japan
−India
•The Rest of the World
−Central and South America
−Middle East and Africa
This 188-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/thin-film-coating-market.aspx or write us at helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global Management Consulting and market research firm, creates winning strategies for growth. Lucintel offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the thin film coating market by end use industry (consumer electronics, tools & equipment, automotive, aerospace & defense, energy, medical, and others), coating type (AR & HR coating, transparent conductive coating, DLC coating, and others), coating technique (PVD, CVD, and others), coating material (metal, and ceramic), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Q.10. What are some of the competitive products and processes in this area and how big of a threat do they pose for loss of market share via material or product substitution?
Q.11. What M & A activities have taken place in the last 5 years in this market?