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Thin Film Encapsulation Market Report
Thin Film Encapsulation Market Size, Share, Trend, Forecast, & Industry Analysis: 2021-2026
Thin Film Encapsulation Market, By Type (Organic Layers Deposition, Inorganic Layers Deposition), By Application (Flexible OLED Display, Flexible OLED Lighting, Thin-Film Photovoltaic, Others), and Region
The Global Thin Film Encapsulation Market estimated to grow from USD 22.1 million in 2020 to USD 67.7 million by 2026 at a healthy CAGR of 21.02% during the forecast period.
Key players operating in the Thin Film Encapsulation Market are- Samsung SDI Co., Ltd. (South Korea), LG Chem Ltd. (South Korea), Universal Display Corporation (US), Applied Materials, Inc. (US), 3M (US), Veeco Instruments (US), Kateeva (US), Toray Industries, Inc. (Japan), BASF SE (Germany), Meyer Burger (Switzerland), Aixtron SE (Germany), Bystronic Glass (US), AMS Technologies AG (Germany), Angstrom Engineering (Canada).
Increasing penetration of portable consumer electronics such as television and smartphones across the geographies is likely to drive the market growth at a significant rate during the review period.
The target audience of Thin Film Encapsulation Market includes- Thin Film Encapsulation Vendors, Thin Film Encapsulation Manufacturers, Thin Film Encapsulation Distributors, Organizations, Government Bodies.
North America Thin Film Encapsulation market accounted for the largest share in 2020 and is expected to grow at a significant CAGR during the review period.