Thin Film Semiconductor (TFS) Deposition Market 2021-2030 Global Industry Growth Opportunities, Share Estimation, Strategy, Benefits, Demand, Analysis and Regional Forecast

In a recent published report, Kenneth Research has updated the market report for Thin Film Semiconductor (TFS) Deposition Market for 2021 till 2030. Report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In the view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to be regain 25% by the end of 2021- Positive Growth in the economic demand and supply.

U.S. Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analsysis and U.S. Census Bureau mentions the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4  billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) avergae exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilest imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Thin Film Semiconductor (TFS) Deposition Market products.

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REPORT HIGHLIGHT

The TFS deposition market was valued at USD 115.06 billion by 2017, growing with 15.1% CAGR during the forecast period, 2018-2025.

Market Dynamics

TFS i.e. Thin Film Semiconductor foils are made from artificial semiconductor material. Its thickness varies and can measures up to nanometers or a few hundred millimeters. In recent times, the demand for TFS has increased a lot owing to plethora of advantages that it offers such as flexibility in shape, less space consumption, lightweight and higher efficiency. Hence, when compared with conventional silicon it is far more convenient.

“Final Report will add the analysis of the impact of COVID-19 on this industry.”

The growth of TFS deposition market receives impetus from the need of circuit miniaturization, growing demands of the sensor in the smartphone industry, household equipment, and aircraft. Surging demand for flexible electronics, thin film solar panel, batteries, and the flexible display is also driving the market growth.

Technological breakthroughs in consumer technologies like the emergence of UHD i.e. Ultra High Definition, 3D televisions and hybrid laptops leverage the demand for integrated circuits. This will bring positive growth in the market for TFS deposition. Growing demand for high-end memory devices like 3D, NAND i.e. Not and Neither Agree Nor Disagree, and DRAM i.e. Dynamic Random Access Memory will further increase the technology demand.

Technology Takeaway

Based on deposition technology the market is segmented into physical vapor deposition (PVD), chemical vapor deposition (CVD), and others. Among all, CVD technology has a considerable revenue share in the world. The reasons being its extensive use in the fastest growing photovoltaic technology, easier manufacturing process, and low cost of manufacturing. Semiconductor applications and electronics manufacturing are facilitating the demand for CVD segment. Further, the increasing demand for durable electronic products like advanced integrated circuits, data storage devices, mobile phone, and laptops are contributing to the growth.

The PVD market is shaped by the surging demand for durable and reliable coatings in medical equipment in emerging economies. The increasing need for highly sophisticated surface related properties like catalytic, electronic, optical, magnetic, and super-plasticity through advanced mono-structured coating will contribute towards the technology growth.

Application Takeaway

Based on application, the market is categorized into communication, consumer electronics, automotive, industrial and data processing. Of these, electronics segment is projected to accelerate in the near future. TFS is widely used in various electronic applications such as DRAMS, microprocessors, wearable technologies, solar photovoltaic panel. Among emerging technologies, they are used in AMOLED i.e. Active-Matrix Organic Light-Emitting Diode displays, flexible OLED displays, and MEMS. TFs deposition is also found application in different industry verticals like IT and telecom, energy and power, automotive, aerospace, defense among others.

Regional Takeaway

The Asia Pacific is emerged as the largest revenue generating region mainly due to the presence of a humungous base of consumers and electronic equipment manufacturers. It is closely followed by North America and Europe. Among the Asia-Pacific countries, China has the largest revenue contribution. The country invests heavily on solar power coupled with electronic giants are setting up manufacturing facilities which support the market development to great extent.

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Key Vendor Takeaway

The four stalwarts in the global market of TFS deposition are Applied Materials, Tokyo Electron Limited, Lam Research, and Shin-Etsu Chemical Co Ltd. Together they contribute to the bulk of the market revenue. Other renowned companies in the world are Hitachi Kokusai Electric Inc., CVD Equipment Corporation, AIXTRON SE, Ihi Hauzer Coating B.V, Sumco Corporation, and Oerlikon Balzers. Tokyo Electron (TEL) and Oerlikon Solar formed a strategic alliance to satisfy its customers with state-of-the-art equipment and related support.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year – 2014 & 2016

Base Year – 2017

Estimated Year – 2018

Projected Year – 2025

TARGET AUDIENCE

Traders, Distributors, and Suppliers

Manufacturers

Government and Regional Agencies

Research Organizations

Consultants

Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY TECHNOLOGY

Chemical Vapor Deposition (CVD)

Physical Vapor Deposition (PVD)

Others

MARKET, BY APPLICATION

Communication

Consumer Electronics

Automotive

Industrial

Data Processing

MARKET, BY REGION

North America

The U.S.

Canada

Europe

Germany

France

Rest of Europe

Asia Pacific

India

China

Rest of APAC

Rest of the World

The Middle East and Africa

Latin America

About Kenneth Research

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