Global Thin-Film Encapsulation (TFE) Industry

Global Thin-Film Encapsulation (TFE) Industry

  • October 2019 •
  • 83 pages •
  • Report ID: 5820424 •
  • Format: PDF
Thin-Film Encapsulation (TFE) market worldwide is projected to grow by US$76.9 Million, driven by a compounded growth of 25.1%. Flexible OLED Display, one of the segments analyzed and sized in this study, displays the potential to grow at over 29.5%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$51.7 Million by the year 2025, Flexible OLED Display will bring in healthy gains adding significant momentum to global growth.

- Representing the developed world, the United States will maintain a 28.5% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$2.3 Million to the region’s size and clout in the next 5 to 6 years. Over US$3.6 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Flexible OLED Display will reach a market size of US$3.9 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 23.8% over the next couple of years and add approximately US$12.6 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

- Competitors identified in this market include, among others, 3M Company; Aixtron SE; AMS Technologies AG; Angstrom Engineering; Applied Materials, Inc.; Beneq Oy; Bystronic Glass; Encapsulix SAS; Kateeva; LG Chem Ltd.; Lotus Applied Technology; Meyer Burger Technology Ltd.; Samsung SDI Co., Ltd; Toray Industries, Inc.; Universal Display Corporation; Veeco Instruments Inc.; Vitriflex, Inc.