Thick Film Devices Market Drivers, Trends, and Forecast by 2031

MARKET INTRODUCTION

Thick film devices are single-layer or multi-layer structures devices created by the deposition of a formulated paste on a substrate. The substrate is made of various materials, such as ceramics, polymers and metals. The layer deposited on the substrate enables the mechanical, electrical and chemical functionality of the unit in which the coating is made. Thick film devices are widely used in energy devices such as photovoltaic cells and fuel cells, as well as in electronic devices such as capacitors and circuit devices. In addition, thick film devices are used in mechanical and chemical devices consisting of optical sensors and piezoelectric devices.

MARKET DYNAMICS

The growing production of automobiles around the world and escalation in the demand for MEMS (microelectromechanical systems) and multi-layer ceramic capacitors is driving the growth of the thick film devices market. However, high initial and maintenance cost may restrain the growth of the thick film devices market. Furthermore, more research and advancement in thick films such as thick-film-on-steel is anticipated to create market opportunities for the thick film devices market during the forecast period.

MARKET SCOPE

The "Global Thick Film Devices Market Analysis to 2031" is a specialized and in-depth study of the thick film devices market with a special focus on the global market trend analysis. The report aims to provide an overview of thick film devices market with detailed market segmentation by type, end-user industry, and geography. The global thick film devices market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading thick film devices market players and offers key trends and opportunities in the thick film devices market.

MARKET SEGMENTATION

The global thick film devices market is segmented on the basis of type and end-user industry. On the basis of type, the market is segmented as capacitor, resistors, photovoltaic cells, heaters, and others. Similarly, on the basis of end-user industry, the market is segmented as automotive, consumer electronics, healthcare, infrastructure, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global thick film devices market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The thick film devices market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting thick film devices market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the thick film devices market in these regions.

MARKET PLAYERS

The reports cover key developments in the thick film devices market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from thick film devices market are anticipated to lucrative growth opportunities in the future with the rising demand for thick film devices. Below mentioned is the list of few companies engaged in the thick film devices market.

The report also includes the profiles of key thick film devices market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   Bourns, Inc.
  
•   KOA Speer Electronics Inc.
  
•   Murata Manufacturing Co., Ltd.
  
•   Panasonic Corporation
  
•   ROHM CO., LTD.
  
•   Samsung Group
  
•   TE Connectivity
  
•   Vishay Intertechnology, Inc.
  
•   Walsin Technology Corporation
  
•   Würth Elektronik GmbH and Co. KG
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Thick Film Devices Report Scope