Electronic Film Market Size, Share, Growth and Trends | Analysis – 2028
– Ruchal HumbarÃ©
PORTLAND, OREGON, USA, Aug 11, 2021 /EINPresswire.com/ – The increasing trend of digitization, increasing penetration of smart applications in residential and commercial sectors and increasing demand Consumer electronic equipment has driven the growth of the global electronic film market. However, the increased processing costs associated with ITO-based electronic films are hampering the growth of the market. On the contrary, the boom in PCB product development is expected to open up new opportunities for market players in the future.
According to the report published by Allied Market Research, the global electronic film market was valued at $ 7.75 billion in 2020 and is expected to reach $ 12.62 billion by 2028, registering a CAGR of 7.0% in 2021 to 2028.
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Main benefits for stakeholders
â¢ This study includes an analytical description of the electronic film market share along with current trends and future estimates to describe impending pockets of investment.
â¢ The global electronic film market analysis is determined to understand profitable trends to gain a stronger foothold.
â¢ The report presents information related to the main drivers, constraints and opportunities with a detailed impact analysis.
â¢ Current forecast of electronic films market is analyzed quantitatively from 2020 to 2028 to compare financial proficiency.
â¢ Porter’s Five Forces Analysis illustrates the power of buyers and suppliers in the marketplace.
â¢ The report includes the Electronic Films market share of key vendors and market trends.
The Global Electronic Films Market includes an in-depth analysis of major market players such as 3M, Eastman Kodak Company, DuPont, Nitto Denko Co., Gunze Ltd., Saint-Gobain SA, Panasonic Co., Teijin Ltd., TDK Co. ., and TOYOBO Co. Ltd.
â¢ The Covid-19 outbreak has reduced construction activity, which in turn has reduced demand for electronic films. In addition, the government has imposed several regulations regarding social distancing. Thus, several smart buildings and cities projects have been postponed.
â¢ The prolonged lockdown has resulted in a disruption of the supply chain and an increase in the prices of raw materials.
â¢ Amid the pandemic, the construction industry was shut down temporarily to curb the spread of the virus, which affected demand for electronic films.
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The global electronic film market is segmented on the basis of film type, thickness, material, application, and region.
Based on film type, the non-conductive segment held the lion’s share in 2020, contributing more than half of the market. Additionally, the segment is expected to have the highest CAGR of 7.8% from 2021 to 2028. The report also analyzes the driver segment.
On the basis of applications, the electronic display segment dominated the market in 2020, accounting for almost a third of the market. However, the smart buildings segment is expected to register the highest CAGR of 9.5% during the forecast period.
The global electronic films market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The Asia-Pacific market held the lion’s share in 2020, accounting for over a third of the market. However, the LAMEA market is expected to register the highest CAGR of 7.6% during the forecast period.
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Key market segments
By type of film
â¢ Thick (More than 1Î¼m)
â¢ Thin (up to 1 m)
â¢ ITO on glass
â¢ Metal mesh
â¢ Electronic display
â¢ Wire and cable
â¢ Smart buildings
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