According to the latest market research report by IMARC Group, titled “Transparent Electronics Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on transparent electronics market size. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global transparent electronics market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 4.9 Billion by 2028, exhibiting a growth rate (CAGR) of 20.57% during 2023-2028.
Transparent electronics represent an emerging field that usually focuses on producing invisible electronic circuits and optoelectronic devices. Some of the common technologies used in the manufacturing of these equipment include transparent conducting oxides (TCOs) and thin film transistors (TFTs). They involve replacing the opaque semiconductor materials forming the basis of electronic device fabrication with transparent materials. In line with this, these electronics offer several benefits, such as lower processing temperature, strong performance and flexibility, high voltage gain, mobility, heat dissipation, radiation tolerance, etc. Consequently, they find extensive applications in mobiles, computers, solar panels, next-generation televisions, etc.
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Market Trends:
The widespread adoption of these devices in OLED displays and navigation display of military equipment, on account of numerous technological advancements, is primarily driving the transparent electronics market. Additionally, the escalating demand for circuits built from ultrathin and single crystal silicon is further catalyzing the market growth. Besides this, the launch of various favorable policies by government bodies across countries for encouraging leading manufacturers to focus on commercializing cost-effective green solutions is acting as another significant growth-inducing factor. Moreover, the development of new ceramic thin films containing multi-component oxides has enabled them to use them in both rigid and flexible transparent electronics, which is also positively influencing the global market. Apart from this, the introduction of innovative processing methods and designs is anticipated to fuel the transparent electronics market over the forecasted period.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- BOE Technology Group Co.
- Brite Solar
- Cambrios Technologies Corporation
- ClearLED Ltd.
- Corning Incorporated
- Glass Apps, LLC
- LG Electronics Inc.
- OLEDWorks
- Raven Window
- Shenzhen AuroLED Technology Co., Ltd.
- Shenzhen NEXNOVO Technology Co., Ltd.
- SolarWindow Technologies, Inc.
- Street Communication
- Ubiquitous Energy
Transparent Electronics Market Segmentation:
Our report has categorized the market based on region, product type and application.
Breakup by Product Type:
- Transparent Displays
- Transparent Solar Panels
- Transparent Windows
At present, transparent displays represent the most popular transparent electronics.
Breakup by Application:
- Consumer Electronics
- Automotive
- Construction
- Healthcare
- Military and Defense
- Security Systems
- Others
Breakup by Region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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