DUBLIN, March 26, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/h5glwk/thin_film) has announced the addition of the "Thin Film Material Market By Type, End-User Industry and Deposition Processes - Global Trends & Forecast to 2018" report to their offering.
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The thin film material market is witnessing high growth on account of rising demand from existing and new applications that would become significant in the future, especially in the European region. Europe holds major market share followed by North America and Asia-Pacific. In terms of individual countries, the market is dominated by U.S. due to the constant innovations of thin film materials that help in optimizing and enhancing the present material and processes.
Thin film materials are primarily used in photovoltaic solar cells, MEMS, electrical, semiconductor and optical coating. The photovoltaic solar cells industry is growing at a high rate, while the MEMS industry is experiencing steady growth. The report covers the global market and its trends that concern five regions, namely, Europe, North America, Asia-Pacific, The Middle East & Africa, and Latin America; and the major countries in each region such as U.S., Canada, Germany, France, Italy, China, Japan, India, and others.
The research and development cost involved in the thin film materials in terms of man hours, material, and technology is significant. There is a lot of R&D required at the micro level in thin film material to deliver a quality product. The growth in the global market requires constant innovation and the introduction of new and improved products and technologies that meet the requirements. This has contributed largely to an enhanced focus on R&D by the players to bring new products with better efficiency as well as to decrease the cost of production by implementation of new technologies.
The raw material used for thin film materials include cadmium, telluride, copper, indium, gallium, and selenide. Every thin film is unique and the manufacturers use their own set of raw material and ingredients to manufacture these material. Any change in the demand and supply of these raw material could have a impact on the thin film materials industry. The raw material such as copper are easy to source, but metals like cadmium are difficult to source because of their toxic nature. Cadmium was banned in the European Union, but recently the ban was partially revoked, and the usage of cadmium was restricted only to thin film photovoltaic cell. This was done to cash in on the better properties such as, higher efficiency and simple manufacturing method offered by Cdte as a thin film material.
Key Topics Covered:
1 Introduction
2 Executive Summary
3 Premium Insights
4 Market Overview
5 Thin Film Material Market, By Technology Type
6 Thin Film Materials Market, By End User Industry
7 Thin Film Materials Market, By Deposition Process
8 Thin Film Materials Market, By Geography
9 Competitive Landscape
10 Company Profiles
Companies Mentioned:
For more information visit http://www.researchandmarkets.com/research/h5glwk/thin_film
Media Contact: Laura Wood , +353-1-481-1716, press@researchandmarkets.net
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