Thin film material market size to grow by USD 2.83 billion from 2022-2027 | Ascent Solar Technologies Inc., AVANCIS GmbH, Cicor Management AG, to emerge as key players- Technavio

NEW YORK, July 12, 2023 /PRNewswire/ — The thin film material market size is estimated to grow by USD 2.83 billion from 2022 to 2027. The market will progress at a CAGR of 4.47% according to Technavio. The growing competition in the market is compelling vendors to adopt various growth strategies, such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market’s competitive landscape and offers information on several market vendors including Ascent Solar Technologies Inc., AVANCIS GmbH, Cicor Management AG, Delta Optical Thin film AS, Hanergy Thin Film Power EME BV, Johanson Technology Inc., Kaneka Corp., Laird Performance Materials, Masdar, Moser Baer, Murata Manufacturing Co. Ltd., Samsung SDI Co. Ltd., Solar Frontier Europe GmbH, TDK Corp., Token Electronics Industry Co. Ltd., Trony Solar Holdings Co. Ltd., Viking Tech Corp., Vishay Intertechnology Inc., Wurth Elektronik GmbH and Co. KG, and Wuxi Suntech Power Co. Ltd. Download a Sample Report Now!

Thin film material market Insights –

• Vendors: 15+, Including Ascent Solar Technologies Inc., AVANCIS GmbH, Cicor Management AG, Delta Optical Thin film AS, Hanergy Thin Film Power EME BV, Johanson Technology Inc., Kaneka Corp., Laird Performance Materials, Masdar, Moser Baer, Murata Manufacturing Co. Ltd., Samsung SDI Co. Ltd., Solar Frontier Europe GmbH, TDK Corp., Token Electronics Industry Co. Ltd., Trony Solar Holdings Co. Ltd., Viking Tech Corp., Vishay Intertechnology Inc., Wurth Elektronik GmbH and Co. KG, and Wuxi Suntech Power Co. Ltd., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Type (Physical vapor deposition and Chemical vapor deposition), Application (Photovoltaic solar cell, MEMS, Semiconductor and electrical, and Optical coating), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

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Key factor driving market growth

• The increasing demand for consumer electronics is notably driving market growth. 
• Thin film materials are used in various consumer electronics such as smartphones, laptops, and TVs to make them lighter, more compact, and more energy efficient.
• They offer high transparency and conductivity, which are essential for the production of high-quality displays.
• Thin-film batteries have higher energy density and lower cost than conventional batteries.
• They are also used in the production of thin film solar cells, which can be integrated into consumer electronics devices to provide a source of renewable energy. Hence, the above factors will drive the growth of the regional market during the forecast period. 

Leading trends influencing the market- Increased production efficiency is the key trend in the market.

Major challenges hindering the market growth- The cost competitiveness of thin film materials is one of the major challenges impeding growth.

Drivers, Trends, and Challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

The thin film material market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as future prospects.

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What are the key data covered in this thin film material market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the thin film material market between 2023 and 2027
• Precise estimation of the size of the thin film material market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the thin film material market across APAC, North America, Europe, South America, and Middle East and Africa
• A thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of thin film material market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global thin film material market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global thin film material market 2017 – 2021 ($ billion)

• 4.2 Type Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ billion)

• 4.3 Application Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments
• Exhibit 30: Chart on Type – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type – Market share 2022-2027 (%)

• 6.2 Comparison by Type
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 Physical vapor deposition – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Physical vapor deposition – Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on Physical vapor deposition – Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on Physical vapor deposition – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Physical vapor deposition – Year-over-year growth 2022-2027 (%)

• 6.4 Chemical vapor deposition – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Chemical vapor deposition – Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Chemical vapor deposition – Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Chemical vapor deposition – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Chemical vapor deposition – Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ billion)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 43: Chart on Application – Market share 2022-2027 (%)
• Exhibit 44: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 45: Chart on Comparison by Application
• Exhibit 46: Data Table on Comparison by Application

• 7.3 Photovoltaic solar cell – Market size and forecast 2022-2027 
• Exhibit 47: Chart on Photovoltaic solar cell – Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Photovoltaic solar cell – Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Photovoltaic solar cell – Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Photovoltaic solar cell – Year-over-year growth 2022-2027 (%)

• 7.4 MEMS – Market size and forecast 2022-2027 
• Exhibit 51: Chart on MEMS – Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on MEMS – Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on MEMS – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on MEMS – Year-over-year growth 2022-2027 (%)

• 7.5 Semiconductor and electrical – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Semiconductor and electrical – Market size and forecast 2022-2027 ($ billion)
• Exhibit 56: Data Table on Semiconductor and electrical – Market size and forecast 2022-2027 ($ billion)
• Exhibit 57: Chart on Semiconductor and electrical – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Semiconductor and electrical – Year-over-year growth 2022-2027 (%)

• 7.6 Optical coating – Market size and forecast 2022-2027 
• Exhibit 59: Chart on Optical coating – Market size and forecast 2022-2027 ($ billion)
• Exhibit 60: Data Table on Optical coating – Market size and forecast 2022-2027 ($ billion)
• Exhibit 61: Chart on Optical coating – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Optical coating – Year-over-year growth 2022-2027 (%)

• 7.7 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 APAC – Market size and forecast 2022-2027 
• Exhibit 69: Chart on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on APAC – Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.4 North America – Market size and forecast 2022-2027 
• Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 81: Chart on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on South America – Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 China – Market size and forecast 2022-2027 
• Exhibit 89: Chart on China – Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on China – Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.9 US – Market size and forecast 2022-2027 
• Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.10 Germany – Market size and forecast 2022-2027 
• Exhibit 97: Chart on Germany – Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on Germany – Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on Germany – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Germany – Year-over-year growth 2022-2027 (%)

• 9.11 Japan – Market size and forecast 2022-2027 
• Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ billion)
• Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)

• 9.12 UK – Market size and forecast 2022-2027 
• Exhibit 105: Chart on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 106: Data Table on UK – Market size and forecast 2022-2027 ($ billion)
• Exhibit 107: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Ascent Solar Technologies Inc. 
• Exhibit 116: Ascent Solar Technologies Inc. – Overview
• Exhibit 117: Ascent Solar Technologies Inc. – Product / Service
• Exhibit 118: Ascent Solar Technologies Inc. – Key offerings

• 12.4 AVANCIS GmbH
• Exhibit 119: AVANCIS GmbH – Overview
• Exhibit 120: AVANCIS GmbH – Product / Service
• Exhibit 121: AVANCIS GmbH – Key offerings

• 12.5 Cicor Management AG
• Exhibit 122: Cicor Management AG – Overview
• Exhibit 123: Cicor Management AG – Business segments
• Exhibit 124: Cicor Management AG – Key offerings
• Exhibit 125: Cicor Management AG – Segment focus

• 12.6 Delta Optical Thin film AS 
• Exhibit 126: Delta Optical Thin film AS – Overview
• Exhibit 127: Delta Optical Thin film AS – Product / Service
• Exhibit 128: Delta Optical Thin film AS – Key offerings

• 12.7 Hanergy Thin Film Power EME BV 
• Exhibit 129: Hanergy Thin Film Power EME BV – Overview
• Exhibit 130: Hanergy Thin Film Power EME BV – Product / Service
• Exhibit 131: Hanergy Thin Film Power EME BV – Key offerings

• 12.8 Kaneka Corp.
• Exhibit 132: Kaneka Corp. – Overview
• Exhibit 133: Kaneka Corp. – Business segments
• Exhibit 134: Kaneka Corp. – Key offerings
• Exhibit 135: Kaneka Corp. – Segment focus

• 12.9 Masdar
• Exhibit 136: Masdar – Overview
• Exhibit 137: Masdar – Product / Service
• Exhibit 138: Masdar – Key offerings

• 12.10 Moser Baer
• Exhibit 139: Moser Baer – Overview
• Exhibit 140: Moser Baer – Product / Service
• Exhibit 141: Moser Baer – Key offerings

• 12.11 Murata Manufacturing Co. Ltd. 
• Exhibit 142: Murata Manufacturing Co. Ltd. – Overview
• Exhibit 143: Murata Manufacturing Co. Ltd. – Business segments
• Exhibit 144: Murata Manufacturing Co. Ltd. – Key news
• Exhibit 145: Murata Manufacturing Co. Ltd. – Key offerings
• Exhibit 146: Murata Manufacturing Co. Ltd. – Segment focus

• 12.12 Samsung SDI Co. Ltd.
• Exhibit 147: Samsung SDI Co. Ltd. – Overview
• Exhibit 148: Samsung SDI Co. Ltd. – Business segments
• Exhibit 149: Samsung SDI Co. Ltd. – Key news
• Exhibit 150: Samsung SDI Co. Ltd. – Key offerings
• Exhibit 151: Samsung SDI Co. Ltd. – Segment focus

• 12.13 Solar Frontier Europe GmbH 
• Exhibit 152: Solar Frontier Europe GmbH – Overview
• Exhibit 153: Solar Frontier Europe GmbH – Product / Service
• Exhibit 154: Solar Frontier Europe GmbH – Key offerings

• 12.14 TDK Corp.
• Exhibit 155: TDK Corp. – Overview
• Exhibit 156: TDK Corp. – Business segments
• Exhibit 157: TDK Corp. – Key news
• Exhibit 158: TDK Corp. – Key offerings
• Exhibit 159: TDK Corp. – Segment focus

• 12.15 Trony Solar Holdings Co. Ltd. 
• Exhibit 160: Trony Solar Holdings Co. Ltd. – Overview
• Exhibit 161: Trony Solar Holdings Co. Ltd. – Product / Service
• Exhibit 162: Trony Solar Holdings Co. Ltd. – Key offerings

• 12.16 Vishay Intertechnology Inc. 
• Exhibit 163: Vishay Intertechnology Inc. – Overview
• Exhibit 164: Vishay Intertechnology Inc. – Business segments
• Exhibit 165: Vishay Intertechnology Inc. – Key news
• Exhibit 166: Vishay Intertechnology Inc. – Key offerings
• Exhibit 167: Vishay Intertechnology Inc. – Segment focus

• 12.17 Wuxi Suntech Power Co. Ltd. 
• Exhibit 168: Wuxi Suntech Power Co. Ltd. – Overview
• Exhibit 169: Wuxi Suntech Power Co. Ltd. – Product / Service
• Exhibit 170: Wuxi Suntech Power Co. Ltd. – Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 171: Inclusions checklist
• Exhibit 172: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 173: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 174: Research methodology
• Exhibit 175: Validation techniques employed for market sizing
• Exhibit 176: Information sources

• 13.5 List of abbreviations 
• Exhibit 177: List of abbreviations

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