Transparent electronics is an
emerging technology that focuses on producing optoelectronic devices and
invisible electronic circuitry. It conducts transparent conducting oxides
(TCO) such as In2O3, SnO2, ZnO, and CdO. Transparent electronics dramatically
change the use and look of electronic devices. They increase the potential of
innovative products by adding features like the ability to display information
on an automobile windshield or surfing the Web on top of a tea table. In the
last decade, the market for different materials used in transparent electronic
applications has grown robustly. This emerging market is expected to grow at a
speculative rate in the future. Due to a large number of tech savvy people, a
majority of this growth is expected from North America and Europe.
The market was dominated by
transparent conducting oxides (TCO) due to their wide range of applications in
touch display panels, optical coatings, flat panel displays, solar cells,
defrosters, heaters, optical coating, and smart windows. TCOs can be used as
passive optical or electrical coatings. The silicon compound segment is
dominating the transparent electronic materials market. Zinc oxide is the
cheapest and an environment friendly compound; it also has significant
potential in non-volatile flash memory.
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Applications of transparent
electronics include transportation, consumer electronics, energy sources and
others. Owing to stringent regulations in energy consumption and emission
reduction, the demand for building integrated photovoltaic’s (BIVP) has
increased, which will accelerate the demand for transparent electronic
materials. Transparent electronics reduce the size and increase the memory
capacity of electronic devices. Moreover, market growth is further accelerated
by technology innovation and new product developments, which will reduce the
cost and size of electronic devices.
Lack of skilled manpower from
different verticals such as pure and applied science, physics, chemistry,
electrical, electronics, circuit engineering required to achieve desired
application specific properties depending on desired properties of the final
product, is a major challenge for this industry. The Oregon State University
has developed zinc tin oxide based resistive random access memory (RRAM) which
is also referred to as ‘memristor’. This is a new transparent technology which
the computer memory operates on resistance. Products incorporated with this
technology become cheaper, smaller, and faster.
This research report analyzes this
market depending on its market segments, major geographies, and current market
trends. Geographies analyzed under this research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides comprehensive
analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years
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This report is a complete study of current
trends in the market, industry growth drivers, and restraints. It provides
market projections for the coming years. It includes analysis of recent
developments in technology, Porter’s five force model analysis and detailed
profiles of top industry players. The report also includes a review of micro
and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
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