About Indium Tin Oxide
Indium tin oxide consists of tin oxide and indium oxide present in solid form. It is on the weight basis indium oxide contains 10% tin oxide and 90% indium oxide. It is transparent and colorless when it is applied in thin layers. The compound accounts for about 90% of the overall transparent conductive market and is extensively employed in many electronic devices that are used for military, medicinal, automotive, and other purposes and require brilliant display and touchscreen properties.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the organic banana powder market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for organic banana powder Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Indium Tin Oxide market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
3M (United States), Efun Technologies (Taiwan), American Elements (United States), Densitron Technologies (United Kingdom), Emicore Thin Film Products (Liechtenstein), Samsung Corning Precision Material (Korea), Indium Corporation (United States), Nitto Denko Corp (Japan), Sollensys (South Korea) and Touch International (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Indium Tin Oxide market by Type (Low-Temperature Vacuum Deposition, Sputtering Technique and Electron Beam Evaporation), Application (Resistive And Capacitive Touch Panels, Electro Chromic And Lcd Displays, Plasma Display, Transparent Electrodes, Field Emission Displays, Photovoltaic Cells, Emi/Rfi Shielding and Others) and Region.
On the basis of geography, the market of Indium Tin Oxide has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Rise in Recycling Practice of ITO for Extraction of Indium
Market Growth Drivers:
Rise in Demand for Indium Tin Oxide Owing to Its Advantage Associated With Them As Outstanding Physical Properties and Indium Tin Oxide and Antistatic and Electromagnetic Shielding Applications of ITO
Challenges:
Shortage in Production of Indium
Restraints:
Stringent Government Rules and Regulations
Opportunities:
Opting for Technological Improvement is Expected to be the Major Indium Tin Oxide
In August 2019, Indium Corporation has released IndiOx™ (In2O3) for use in the manufacture of ITO sputtering targets for thin-film coating. IndiOx™ (In2O3) is a stable ceramic-like material that is insoluble in water and volatizes at 850°C. When doped with tin oxide, IndiOx™ forms ITO, the material of choice to form transparent conductive oxide (TCO) layers in flat-panel displays and touch sensors for mobile devices. The ITO layer is deposited onto glass from a sputtering target that is manufactured from the ITO powder by sintering.
Key Target Audience
Manufacturers Suppliers and Distributors, Venture Capitalists and Private Equity Firms, New Entrants/Investors, Strategic Business Planners, Government Regulatory, Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.