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The report "Transparent Conductive Films Market by Application (Smartphones, Tablets, Notebooks, LCDs, Wearable Devices), Material (ITO on Glass, ITO on PET, Metal Mesh, Silver Nanowires, Carbon Nanotubes), and Region - Global Forecast to 2026", The transparent conductive films market is projected to reach USD 8.46 billion by 2026, at a CAGR of 9.4% from 2016 to 2026. Growing usage of transparent thin films as an important component in various electronic devices are fueling the growth of transparent conductive films market. This growth is mainly attributed to the increasing demand for transparent conductive films in smartphones tablets, notebooks, LCD’s, wearable devices and other application.
By region, the transparent conductive films market is segmented into North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Asia-Pacific accounted for the largest share of the transparent conductive filmsmarket in 2016, followed by North America and Europe. Japan is one of the major consumers of transparent conductive films in the Asia-Pacific region. Growing usage of transparent conductive films in application areas such as smartphones, and LCD’s, growing economies and increasing domestic consumption, increase in disposable income, and shifting trend of consumer towards luxurious goods are some of the major factor that are anticipated to drive the demand for transparent conductive films.
Key players in the transparent conductive films market are Teijin Ltd (Japan), Toyobo Co., Ltd (Japan), Nitto Denko Corporation (Japan), TDK Corporation (Japan ), Canatu Oy (Finland), Cambrios Technologies Corporation (U.S.), C3Nano (U.S.), Gunze (Japan), Dontech Inc. (U.S.), and Blue Nano Inc. (U.S.)., among others.