Global Market for Thick Film Devices, Processes and Applications to Be Worth $50 Billion In 2014

January 21, 2010

 

Wellesley, Mass. – According to a new technical market research report, THICK FILM DEVICES, PROCESSES AND APPLICATIONS (AVM046B) from BCC Research (www.bccresearch.com), the global market value of thick film devices is an estimated $26.7 billion in 2009, but is expected to increase to nearly $50 billion in 2014, for a 5-year compound annual growth rate (CAGR) of 13.2%.

The largest segment of the market, energy devices, is projected to grow at a CAGR of 16.5% to reach more than $31 billion in 2014. Its value is estimated at $14.5 billion in 2009.

Electronic devices, which in 2007 was the largest segment, is estimated at $10.3 billion in 2009, and is expected to increase at a 5-year CAGR of 7.5% to reach more than $14.8 billion in 2014.

The display devices segment is projected to have a 5-year CAGR of 18.5%, rising from $1.2 billion in 2009 to nearly $2.8 billion in 2014.

The smallest segment of the market, mechanical/chemical devices, is estimated to be worth $680 million in 2009, and is expected to grow to $985 million in 2014, for a CAGR of 7.7%.


SUMMARY FIGURE
GLOBAL MARKET FOR THICK FILM DEVICES, 2007-2014
($ MILLIONS)
GLOBAL MARKET FOR THICK FILM DEVICES, 2007-2014
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Source: BCC Research

In the last 100 years, thick film technology has been adopted in the fabrication process of various types of advanced devices.  In particular, during the last 50 years, thick film processes have played a very important role in the miniaturization of electronic components and systems.  In fact, compared to other film production processes, thick film technology allows the deposition of relatively thin coatings and layers (8 microns to 25 microns) at low cost, with equipment that is easy to maintain and operate, and with processes that can be adapted for mass production.

This study will be of primary interest to companies that manufacture, sell, and distribute thick film devices; produce pastes, inks, and other raw materials for thick film device fabrication; manufacture processing and characterization equipment utilized by producers of thick film devices; fabricate and supply electronic, display, sensors, and energy devices; provide technical and/or marketing services for the thick film industry; and are planning to enter the thick film industry as a supplier, manufacturer, or end user.

Thick Film Devices, Processes and Applications( AVM046B )
Publish Date: Jan 2010    

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