$310 Million Worldwide Thin-Film Encapsulation (TFE) Industry to 2027 - Players Include 3M, Aixtron, AMS Technologies, Angstrom Engineering and Applied Materials - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 22, 2022--
The "Global Thin-Film Encapsulation (TFE) Market (2022-2027) by Deposition Technologies, Application, Geography, Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis" report has been added to ResearchAndMarkets.com's offering.
The Global Thin-Film Encapsulation (TFE) Market is estimated to be USD 97.84 Mn in 2022 and is projected to reach USD 310.97 Mn by 2027, growing at a CAGR of 26.02%.
Market dynamics are forces that impact the prices and behaviors of the Global Thin-Film Encapsulation (TFE) Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.
Countries Studied
- America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
Competitive Quadrant
The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Ansoff Analysis
- The report presents a detailed Ansoff matrix analysis for the Global Thin-Film Encapsulation (TFE) Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
- The report analyses the Global Thin-Film Encapsulation (TFE) Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
- Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.
Why buy this report?
- The report offers a comprehensive evaluation of the Global Thin-Film Encapsulation (TFE) Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
- The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
- The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
- The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
- The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.
Market Dynamics
Drivers
- Advantages of Thin-Film Encapsulation
- Rapid Adoption of Flexible OLED Displays for Smartphones and Smart Wearables
- Need for Thin-Film Barrier in Flexible and Organic Devices
- Trend of Thin-Film Encapsulation Using Inkjet Printing Technology
Restraints
- Development of Flexible Glass
Opportunities
- Heavy Investments in OLED Technology and Manufacturing Facilities
- Roll-To-Roll Production of OLED Lighting
- High Demand for High-Efficiency and Thin Solar Cells
Challenges
- Requirement for Technical Knowhow and Protection of Intellectual Properties
Market Segmentations
The Global Thin-Film Encapsulation (TFE) Market is segmented based on Deposition Technologies, Application, and Geography.
- By Deposition Technologies, the market is classified into Inorganic Layers and Organic Layers.
- By Application, the market is classified into Flexible OLED Display, Flexible OLED Lighting, Thin-Film Photovoltaics, and Others.
- By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.
Companies Mentioned
- 3M Company
- Aixtron
- AMS Technologies
- Angstrom Engineering
- Applied Materials
- Beneq
- Encapsulix
- Kateeva
- LG Chem
- Lotus Applied Technology
- Meyer Burger Technology
- Picosun
- Samsung SDI
- SNU PRECISION
- Toray Industries
- Universal Display
- Veeco Instruments
For more information about this report visit https://www.researchandmarkets.com/r/lfn78
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