Consumption of TCs for touch sensors will peak in 2017 at $704 million as new sensor designs eliminate TC layers and other human interfaces replace touch. With this in mind, firms in the TC business are beginning to look at other opportunities
Glen Allen, VA (PRWEB) August 26, 2014
According to a new report from industry analyst firm NanoMarkets, the global market for transparent conductors (TCs) will generate $4.6 Billion (USD) in 2019. This report, “Transparent Conductor Markets: 2014-2021” sees non-ITO TCs accounting for $1.8 billion in revenues in 2019 up from $640 million today.
According to NanoMarkets, ITO will account for just 60 percent of the TC market in 2019, with revenues from ITO having peaked. NanoMarkets remains bullish on the alternative transparent conductor business but believes that this report gives a more realistic valuation of the TC sector than other quoted industry sources.
This is the latest report from NanoMarkets’ longstanding coverage of the markets for transparent conductors which began in 2007.
Additional details about the report are available at: http://nanomarkets.net/market_reports/report/transparent-conductor-markets-2014-2021
From the Report:
The ITO industry is reacting to the threat of alternative transparent conductors such as metal meshes, nanosilver inks, carbon nanotube coatings, etc. Nitto Denko – the dominant ITO supplier – substantially reduced prices last year. ITO firms are also working on ITO variants with better performance. A few are even looking at getting into the alternative TC business themselves.
Firms selling alternatives to ITO remain heavily focused on opportunities in the touch-screen sensor business but are changing directions. One new trend in the touch space is the move of TC makers to products for larger panels. Success in this area may not only put TC makers at a competitive advantage, but also increase the addressable market for TCs as a whole; large touch screens have tended to be based on technologies – such as infrared – that do not use much TC material. The report also says that in 2015, alternative TC firms will begin to target automotive markets. Touch applications in automobiles are often on curved surfaces where some alternative TCs will have advantage over ITO.
TC makers also increasingly recognize that they must soon break out of the touch sector. There isn’t enough business in touch to support all the alternative TC suppliers. Consumption of TCs for touch sensors will peak in 2017 at $704 million as new sensor designs eliminate TC layers and other human interfaces replace touch. With this in mind, firms in the TC business are beginning to look at the opportunities in the solar and OLED sector.
In a few years much of the TC business will have transferred to China, at all levels of the supply chain. We are already seeing significant TC firms – such as O-Film and CNTouch -- emerge in China. This fits with Chinese industrial policy which emphasizes Chinese high-tech industry concentrating on domestic markets using domestic suppliers. There is something ironic here in that the Chinese government’s earlier attempt to control the supply chain for indium/ITO and therefore raise the price of ITO, completely failed.
About the Report:
This new report provides the necessary strategic insight into how transparent conductor firms can best generate new business revenues. Unlike other reports on the transparent conductor (TC) market which focus primarily on the touch-screens, this report provides a comprehensive analysis and eight-year forecast of all opportunities for transparent conductors (TCs.) These include flat panel displays, touch-screen sensors, OLEDs (displays and lighting), e-paper displays, thin-film photovoltaics, OPV/DSC, anti-static materials and EMI shielding.
The forecasts provide projections of the sales revenues generated and TC materials consumed (in square meters) by OEMs in the form of sputtering targets, inks, films and coated glass. For each of the applications covered in the forecasts there are breakouts of demand for ITO, other TCOs, ITO/TCO inks, carbon nanotube films, nanowire-based transparent conductors, metal meshes and conducting polymers.
Finally, the strategies of the leading transparent conductor firms are also assessed in the context of the latest market developments. Among the firms discussed in this report are: 3M, Agfa, Apple, Applied Materials, Atmel, AUO, Bekaert Specialty Films, Brewer Science, Carestream, Chisso Corporation, Cima NanoTech, ClearJet, CNTouch, Corning, Deposition Sciences, DNP, Dyesol, Evonik, FujiFilm, Fujimori Kogyo, Fujitsu, Google, Guangdong Zhengyang, Gunze, Heraeus, Hitachi, Innolux, Japan Display, JDSU, Kodak, Konica Minolta, Lenovo, LG, Linde, Merck, Mitsubishi, Microsoft, Mitsui Mining and Smelting, Nagaoka Sangyo, Nippon Mining & Metals, Nippon Soda, Nissan Chemical Industries, Nissha Printing, Nitto Denko, NSG, O-Film, Oike, Panasonic, Philips, PolyIC, Samsung, Sango Bo, Sanyo, Sony, Solutia, Sumitomo, Synaptics, Teijin, Toray, Toshiba, Tosoh, Ulvac, Unidym, Uni-Pixel and many others.
NanoMarkets tracks and analyzes emerging markets in energy, electronics and other areas created by developments in advanced materials. The firm is a recognized leader in industry analysis and forecasts of in the transparent conductor industry.
Visit http://www.nanomarkets.net for a full listing of NanoMarkets' reports and other services.