The Global Electronic Films Market size is expected to reach $11. 9 billion by 2027, rising at a market growth of 6. 9% CAGR during the forecast period. Electronic films improve screen clarity by providing various advantages such as low coefficient of friction, optical transparency, chemical resistance, moisture resistance, conductivity, high-temperature tolerance, low dielectric constant, UV & weather resistance, high insulation, flammable properties, fouling resistance, and protecting electronic devices.
New York, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Electronic Films Market By Film Type, By Material, By Thickness, By Application, By Regional Outlook, COVID-19 Impact Analysis Report and Forecast, 2021 - 2027" - https://www.reportlinker.com/p06131627/?utm_source=GNW
These above properties of electronic films improve the durability of product and performance. Moreover, there are various applications like semiconductors, electronic display, and PCB’s which use these electronic films.
These applications like semiconductors, electric displays, circuit boards, and others use electric and electronic appliances as electronic film technology. An electronics film is commonly utilized in an electronic display application, due to its large surface area for excessive utilization of electronic films. Moreover, these electronic films are bifurcated into thin and thick films. Thick films are mainly used over a printed circuit board; therefore, the electronic film market is expected to provide massive growth opportunities during the forecast period.
The electronic film market has been badly impacted due to the covid-19 pandemic. In various regions, the production has been delayed due to the unavailability of skilled workers and raw material as there was partial and permanent lockdown which has eventually hampered the growth of the market. There has been an increase in the adoption of advanced electronic display and printed circuit board equipment of manufacturing and industrial sectors across the globe which has resulted in boosting the growth of the electric film market. Moreover, due to the covid-19 pandemic, the demand for electronic-based applications has been hindered.
There are various electronic films such as PET, ETFE; Copper films are highly required in the displays of tablets, smartphones, and other electronic devices. Moreover, PTE cells are also needed for electronic solar cell displays and to secure the optics from ecological aspects like dust, abrasion, or heat and to improve light transmission and reflectivity. The market is growing to the high demand for non-conductive films from manufacturers of PCBs, electronic displays, and semiconductors. There has been the deployment of 5G in china by 2020 and digital signage has been adopted which eventually results in increasing demand for electronic displays and PCBs.
Film Type Outlook
Based on Film Type, the market is segmented into Non-Conductive and Conductive. Conductive films may increase the chances of accidental discharge and short circuits in the machinery. The demand for conductive electronic film is substantially increasing the demand for electronic displays.
Based on Material, the market is segmented into Polymer, ITO on Glass, Metal Mesh and Others. The largest segment is polymers, which are light and affordable. They also have the advantage of not being conductive. Other notable characteristics of these materials are high-temperature tolerance, low friction coefficient, and exceptional durability.
Based on Thickness, the market is segmented into Thick (More than 1?m) and Thin (Up to 1 ?m). The Thick (More than 1?m) market dominated the Global Electronic Films Market by Thickness 2020, and would continue to be a dominant market till 2027; growing at a CAGR of 6.2 % during the forecast period. The Thin (Up to 1 ?m) market is expected to witness highest CAGR of 8.8% during (2021 - 2027).
Based on Application, the market is segmented into Electronic Display, PCB, Wire & Cable, Smart Buildings and Others. Electronic display captured the greatest market share for Electronic Films due to its vast application possibilities. The industry is being propelled by the increasing use of electronic display displays in advertising and billboards. Electronic Paper Display, OLED, LED, and QDLED are just a few of the new technologies that are expanding the growth of the market.
Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. In 2020, Asia Pacific was the world’s largest manufacturers of electrical and electronic equipment. Many advanced technologies in the field are dominated by countries like China, Japan, and South Korea. It was the greatest market for electronic films due to its enormous population and expanding middle class. The area is likely to continue to lead the worldwide market in the coming years and to be the largest market for this industry.
The major strategies followed by the market participants are Mergers & Acquisitions. Based on the Analysis presented in the Cardinal matrix; 3M is the major forerunner in the Electronic Films Market. Companies such as Saint-Gobain Group, TDK Corporation, and Mitsubishi Chemical Holdings Corporation are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Saint-Gobain Group, TDK Corporation, 3M Company, Daikin Industries, Ltd., Mitsubishi Chemical Holdings Corporation, Toray Industries, Inc., Eastman Chemical Company, Nitto Denko Corporation, Dontech, Inc., and Canatu Oy.
Recent Strategies Deployed in Current Sensor Market
Partnerships, Collaborations, and Agreements:
Oct-2020: Aceinna entered into a distributor agreement with Digi-Key Electronics, a global electronic components distributor. This agreement aimed to allow Digi-Key to expand its Marketplace product line and would offer Digi-Key users a broad variety of solutions and products in the autonomous vehicle guidance, sensing, and power management spaces.
Mar-2020: Aceinna came into partnership with WPG Americas, a subsidiary of WPG Holdings, the largest global electronic components distributor. This partnership aimed to make it more efficient and easy for developers to source, research, and extract top-class sensing solutions for the design of autonomous vehicles and power management applications.
Mergers and Acquisitions:
Aug-2020: Allegro MicroSystems took over Voxtel, a leading supplier of innovative electro-optical imaging products. This acquisition aimed to integrate Voxtel’s substantial laser and imaging expertise with Allegro’s automotive leadership and scale to allow the next generation of ADAS.
Apr-2020: Infineon Technologies completed the acquisition of Cypress Semiconductor Corporation, an American semiconductor design and manufacturing company. This acquisition would add to a distinct portfolio of software ecosystems, connectivity components, microcontrollers, and high-performance memories.
Feb-2018: Asahi Kasei Microdevices acquired Senseair, a Swedish manufacturer of NDIR gas sensor modules. This acquisition aimed to deeply integrate both the companies’ technological knowledge and market networks to expand Asahi’s business activities in the market for gas, and alcohol sensors, which are swift growing.
Product Launches and Product Expansions:
Jul-2021: Melexis launched a free, online simulation tool for magnetic sensor evaluation and module design. This tool provides users’ engineering teams the capability to develop and stimulate their own magnets based on Melexis’ Triaxis 2D/3D sensors. By utilizing the simulation application, engineers could instantly design a custom magnetic sensor module to their own specifications.
Jun-2021: Melexis released next-generation current sensors, MLX91219 and MLX91218. These sensors are aimed at automotive power-conversion applications. They offer several benefits like optional 3.3V or 5V operation, high resolution, and combined over-current detection circuitry. The MLX91219 is a conventional hall current sensor. By utilizing a ferromagnetic C-core, currents can be calculated from the ranges of 200A to beyond 2000A. This sensor has a flexible U-shield for crosstalk immunity, which helps in calculating currents within the ranges of 200A to 2000A.
Apr-2021: TDK Corporation released the CUR 4000 sensor, which expanded its Micronas Hall-effect sensor portfolio. This sensor is developed for highly precise current measurements in automotive & industrial applications, which provides non-intrusive, galvanic isolated contactless current sensing. All these features would contribute to the future of high-voltage systems of hybrid and electric vehicles (xEV).
Mar-2021: Allegro MicroSystems unveiled ACS37610, a new coreless Hall-effect current sensor. This sensor is aimed at demanding automotive and industrial systems, providing more precision and sensitivity, additional fault detection offerings, and customer programmability.
Jan-2021: Melexis unveiled the MLX91216 XHF extra high-field current sensor. This launch expanded the ease and precision of its distinct IMC-Hall technology into high-current measurement for increasing automotive applications.
Dec-2020: Melexis launched its second-generation isolated integrated current sensors, MLX91220 and MLX91221. These sensors are built on the first generation of current sensors that integrate sensing elements and high precision signal conditioning with voltage isolation. In addition, these new generation current sensors can be accessed in miniature SOIC8 narrow body and SOIC16 wide-body packages, which are improved by boost the bandwidth to 300 kHz.
Jul-2020: Allegro MicroSystems launched a new current sensor named ACS37002. This sensor has an integrated conductor for high-frequency switching applications and has a sensing bandwidth of 400 kHz up to 180 A with a less offset and 1% precision, typical across the whole automotive temperature that ranges from -40°C to 150°C.
Jul-2020: Texas Instruments launched TMCS1100 and TMCS1101, the industry’s first zero-drift Hall-effect current sensors. These sensors allow the low drift and high precision over time & temperature and also offer reliable 3-kVrms isolation that is particularly crucial for AC or DC high-voltage systems like solar inverters, energy storage equipment, industrial motor drives, and power supplies.
Jun-2020: Allegro MicroSystems introduced ACS37002 portfolio of advanced Hall-effect current sensors. This product portfolio includes all in easy-to-utilize surface-mount packages.
Mar-2020: Allegro MicroSystems unveiled the ACS37612, the world’s first standalone Hall-based coreless current sensor. This sensor calculates currents range from 200A to >1000A flowing via a PCB or a busbar with a typical precision of 1% and without needing a magnetic concentrator core or a shield.
Scope of the Study
Market Segments covered in the Report:
By Film Type
• ITO on Glass
• Metal Mesh
• Thick (More than 1?m)
• Thin (Up to 1 ?m)
• Electronic Display
• Wire & Cable
• Smart Buildings
• North America
o Rest of North America
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia Pacific
o Saudi Arabia
o South Africa
o Rest of LAMEA
• Saint-Gobain Group
• TDK Corporation
• 3M Company
• Daikin Industries, Ltd.
• Mitsubishi Chemical Holdings Corporation
• Toray Industries, Inc.
• Eastman Chemical Company
• Nitto Denko Corporation
• Dontech, Inc.
• Canatu Oy
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