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Indium Tin Oxide (ITO) Market
The global indium tin oxide (ITO) market has seen moderate growth during 2015-2020, and the market is expected to grow at a compound annual growth rate of about 6% during 2021-2026.
Sheridan, Wyoming, USA, November 22, 2021 /EINPresswire.com/-Market overview:
According to the latest report of IMARC Group entitled "Indium Tin Oxide (ITO) Market: Global Industry Trends, Share, Scale, Growth, Opportunities and Forecasts 2021-2026", the global indium tin oxide (ITO) market has grown moderately in 2015 -During 2020. In view of the above factors, the market is expected to grow at a compound annual growth rate of about 6% from 2021 to 2026. Indium tin oxide (ITO) is a transparent semiconductor that contains different proportions of indium, tin, and oxygen. It is a widely used transparent conductive oxide that is deposited as a thin film on the surface using physical vapor deposition technology. ITO has physical properties such as color fastness, UV resistance and electromagnetic induction shielding, and is widely used in the manufacture of photovoltaic (PV) batteries, touch panels, sensors, and plasma and liquid crystal displays (LCD).
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We will regularly track the direct impact of COVID-19 on the market and the indirect impact of related industries. These opinions will be included in the report.
Global indium tin oxide (ITO) market trends:
The expanding consumer electronics industry is a major factor driving the global indium tin oxide market. ITO is widely used in smart devices such as smartphones, tablets, and laptops. In addition, the utilization rate of ITO in the production of smart cars integrated with advanced driver assistance systems (ADAS) continues to increase, driving market growth. Other factors, including the increasing use of thin-film photovoltaic cells and solar panels due to favorable government initiatives and extensive research and development (R&D) activities to reduce ITO production costs, are also expected to provide positive market prospects.
Explore the full report using TOC and chart list: https://www.imarcgroup.com/indium-tin-oxide-market
The report studies the competitive landscape of the market and details the main players operating in the market.
Some of the key players include:
• 3M Corporation • American Elements • Densitron Technologies • EFUN Technology • Umicore • Indium Corporation • Keeling & Walker Ltd • Kurt J. Lesker Company • Mitsui Mining & Smelting Co., Ltd. • Nitto Denko Corporation • Samsung Corning Precision Materials • Sollensys • Tosoh Corporation • Touch International Inc
Breakdown by application: • Electrochromic displays and LCDs • Touch panels • Photovoltaics • Transparent electrodes • Others
Technical decomposition: • Sputtering • Vacuum evaporation • Chemical vapor deposition • Spray pyrolysis • Others
By region: • North America (United States, Canada) • Asia Pacific (China, Japan, India, Australia, Indonesia, South Korea, etc.) • Europe (Germany, France, United Kingdom, Italy, Spain, etc.) • Latin America (Brazil, Mexico, Others) • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
The main highlights of the report: • Market performance (2015-2020) • Market outlook (2021-2026) • Impact of COVID-19 on the market • Porter's five forces analysis • Historical, current and future market trends • Market drivers and success factors • SWOT analysis • Market structure • Value chain analysis • Comprehensive diagram of the competitive landscape
Note: If you need specific information that is not currently in the scope of the report, we can provide it to you as part of the customization.
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IMARC Group is a leading market research company that provides management strategy and market research on a global scale. We work with customers in all industries and regions to identify their most valuable opportunities, respond to their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-tech organizations. Market forecasts and industry analysis of biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are the company's top expertise.
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