Thin Film Semiconductor Deposition Market By Technology (Chemical Vapor Deposition, Physical Vapor Deposition), By Industry verticals (Consumer Electronics, ICT Sector, Photovoltaic Industry, Automotive, Industrial), Estimation & Forecast, 2016 - 2024

September 2017

 Pages: 151

 ERC 2243


Thin Film Semiconductor Deposition Market was valued at $10.1 billion in 2016, and is projected to reach $29.2 billion by 2024, having a CAGR of 14.2% during the forecast period of 2017 to 2024.

Semiconductors manufactured by depositing thin films of active semiconductor over a base semiconductor are mainly referred to as thin film semiconductor. The most common techniques used for deposition are thermal evaporation and sputtering. The demand for thin film semiconductors has surged rapidly due to the advantages offered by them such as low space consumption, high efficiency, flexibility, and lightweight. Thin film semiconductor deposition is a pivotal manufacturing process in semiconductor industry, display panels, microprocessors, and solar panels. The global thin film semiconductor deposition market size is highly dependent on the application of thin film semiconductors. Technological innovations has led to the advent of various devices that use thin film semiconductors such as TV, consumer electronics, smartphones, and others. Each year, the number of smartphone users has been on a rise. For instance, there were 2.32 billion smartphone users around the world, whereas in 2016 there were only 2.1 billion users. Such promising trend is expected to offer lucrative opportunities to the market players during the forecast period.

Market Determinants

The thin film semiconductor market is mainly driven by the technological superiority of thin film over conventional silicon. The market growth is further fuelled by the surge in number of applications such as DRAM, AMOLED displays, and flexible OLED displays. Moreover, the increasing investments in solar power plants is also expected to boost the market size. On the other hand, humongous capital investments and usage of lethal poisonous cadmium in the manufacturing process might hinder the market growth. The market players are expected to witness lucrative opportunities due to the surge in solar power applications and the use of semiconductors in the smartphone industry.


Thin Film Semiconductor Deposition Market Determinants-Impact Analysis, 2017 Vs.2024

Thin Film Semiconductor Deposition Market

Market Segmentation

The global thin film semiconductor deposition market is segmented by technology, by industry verticals, and by geography. By technology it is further segmented as Chemical vapor deposition, Physical vapor deposition, and Other technologies. Industry verticals are further divided as Consumer electronics, ICT sector, Photovoltaic industry, Automotive Industrial, and Others. Geographically, global thin film semiconductor market is segmented as North America, Europe, APAC, and ROW. Asia-Pacific is expected to dominate the market throughout the forecast period.

Asia-Pacific clearly dominates the thin film semiconductor deposition market, further the automotive sector is expected to grow at CAGR of 16.0. Increased electric vehicle production is one of the key element supporting the growth of thin film semiconductor deposition market.

Automotive Thin Film Semiconductor Deposition Market, By Region, 2016- 2024

Thin Film Semiconductor Deposition Market

Some major players of the market are AIXTRON SE, Applied Materials, Inc., CVD Equipment Corporation, Hitachi Kokusai Electric Inc, IHI Hauzer Techno Coating B.V., Lam Research Corporation, Oerlikon Balzers, Shin-Etsu Chemical Co., Ltd., and Sumco Corporation. Key market players are investing heavily in the technology innovations, in order to maintain their foothold in the market.

Thin Film Semiconductor Deposition Market Segmentation

By Technology

• Chemical Vapor Deposition
• Physical Vapor Deposition
• Other Technology

By Industry Verticals

• Consumer Electronics
• ICT Sector
• Photovoltaic Industry
• Automotive
• Industrial
• Others (healthcare and aerospace & defense applications)

By Geography

• North America
• Europe
• RoW

Thin Film Semiconductor Deposition Market Key Players

• Applied Materials, Inc.
• CVD Equipment Corporation
• Hitachi Kokusai Electric Inc
• IHI Hauzer Techno Coating B.V.
• Lam Research Corporation
• Oerlikon Balzers
• Shin-Etsu Chemical Co., Ltd.
• Sumco Corporation

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