Jul 15 2014
Research and Markets has announced the addition of the "Global Transparent Electronics Market 2014-2018" report to their offering.
About Transparent Electronics
Transparent electronics is a technology which makes use of transparent materials to produce invisible electronics circuits and optoelectronic devices. A transparent material is an insulator which possesses completely filled valance and empty conduction band. TCO has been widely used for transparent electronics because of its unique characteristic of exhibiting high optical transparency and high electrical conductivity. The most commonly used TCO in transparent electronics are In2O3, SnO2, ZnO and CdO.
The analysts forecast the Global Transparent Electronics market will grow at a CAGR of 52.91 percent over the period 2013-2018. Also, the Global Transparent Electronics Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts.
According to the report, one of the major drivers is the increasing penetration of touch-enabled electronic devices because of the innovation in the display technology. Touch-enabled electronic devices are gaining popularity because they provide better user experience and enhanced interaction between the user and the machine.
Further, the report states that high initial capital investment is a major challenge as transparent electronic materials are very expensive, especially In2O3. In2O3 is widely used but is a rare commodity and its price has increased about ten times since 2002, which forces the vendors to look for substitute materials to lower their capital expenditure.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.