Report Highlights
The global market for thick film devices increased from $56.8 billion in 2015 to $60.8 billion in 2016. This market is estimated to reach $110.3 billion in 2022 from $66.5 billion in 2017 at a compound annual growth rate (CAGR) of 10.6% for 2017-2022.
Report Includes
- An overview of the global markets for thick film devices
- Analyses of global market trends, with data from 2015 and 2016, estimates for 2017, and projections of CAGRs through 2022
- Coverage of the various types of thick film devices, focusing on their fabrication technologies and thick film compositions
- Information on the existing fields of application for thick film devices and investigation of emerging applications
- Analysis of the most significant technological developments along with growth forecasts
- Relevant patent analysis
- Company profiles of major players in the field
Report Scope
This report provides an updated review of various types of thick film devices and their fabrication processes, and identifies current and emerging applications for these products.
BCC Research delineates the current market status for thick film devices, defines trends, and presents growth forecasts for the next five years. The thick film device market is analyzed based on the following segments: device category, type, application, and region. In addition, technological issues, including key events and the latest process developments, are discussed.
More specifically, the market analysis conducted by BCC Research for this report is divided into five sections.
In the first section, an introduction to the topic and a historical review of thick film devices are provided, including an outline of recent events. In this section, current and emerging applications for thick film devices are also identified and grouped according to four main categories (electronics, optoelectronics, energy, and sensors and actuators).
The second section provides a technological review of thick film devices. This section offers a revised and detailed description of thick film device fabrication processes; advantages and disadvantages of each method; typical materials used to produce thick films; technological trends in device fabrication; and new and emerging fabrication methods. This section concludes with an analysis of the most important technological developments since 2015, including examples of significant patents recently issued or applied for, as well as highlighting the most active research organizations operating in this field.
The third section entails a global market analysis for thick film devices. Global revenues (sales data in millions of dollars) are presented for each segment (device category, type, application, and region), with actual data referring to the years 2015 and 2016, and estimates for 2017.
The analysis of current revenues for thick film devices is followed by a detailed presentation of market growth trends, based on industry growth, and industry and regional trends. The third section concludes by providing projected revenues for thick film devices within each segment, together with forecast compound annual growth rates (CAGRs) for the period 2017 through 2022.
In the fourth section of the study, which covers global industry structure, the report offers a list of the leading suppliers of thick film devices, together with a description of their products. The analysis includes a description of the geographical distribution of these firms and an evaluation of other key industry players. Detailed company profiles of the top players are also provided.
The fifth and final section includes an analysis of recently issued U.S. patents, with a summary of patents related to thick film devices, fabrication methods, and applications. Patent analysis is performed by region, country, assignee, patent category, and device type.
Analyst Credentials
Margareth Gagliardi, Chief Research Analyst in Advanced Materials for BCC Research, has more than 30 years of experience in the field of advanced materials, specializing in ceramic formulations, materials processing, and new product development. After receiving her degrees in Chemical and Ceramic Engineering, she worked in both manufacturing and R&D holding senior management positions within U.S. and European firms producing electronic, mechanical, chemical, and structural components.
She is currently focusing on market intelligence and advanced technologies analysis for organizations and research institutions that operate within a range of high-tech industries.
Report Highlights
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The global market for thick film devices is estimated to increase at a 13.2% compound annual growth rate (CAGR) during the forecast period, yielding revenues increasing from $26.7 billion in 2009 to $49.8 billion by 2014.
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Energy devices is the largest market segment, worth $14.5 billion in 2009. This market is expected to reach $31.1 billion in 2014, a compound annual growth rate (CAGR) of 16.5%.
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Display devices are the fastest growing segment, increasing at a compound annual growth rate (CAGR) of 18.5%. This market was valued at $1.2 billion in 2009 and is expected to increase to $2.8 billion in 2014.
Report Highlights
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The value of worldwide sales of thick film devices was estimated to reach $14.8 billion in 2003 and projected to rise at an average annual growth rate (AAGR) of 15.2% to $30.0 billion by 2008.
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Sales of electronic devices accounted for 76.6% in 2003 on sales of $11.4 billion. Growth will be on the order of 8.2% AAGR through 2008, reducing their share to 56%.
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Energy supply devices will dominate growth, rising at an AAGR of 39.7% with their share rising from 14% in 2003 to 36.8% in 2008.
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Mechanical/chemical and display devices each account for about 4% of the market and sales will rise at AAGRs of 9.1% and 9.9%, respectively.
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