Middle East and Africa Thin-Film Encapsulation Market, By Deposition Technologies (Inorganic Layers, Organic Layers), Flexible OLED Design (Cathode, Anode), Application (Flexible OLED Display, Flexible OLED Lighting, Thin-Film Photovoltaics, Others), Country (U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) - Industry Trends and Forecast to 2028.
Market Analysis and Insights : Middle East and Africa Thin-Film Encapsulation Market
Data Bridge Market Research analyses the Middle East and Africa thin-film encapsulation market to reach at an estimated value of USD 43903.5 million by 2028 and grow at a CAGR of 14.10% for the forecast period of 2021-2028.
Thin film encapsulation is referred to the technology that provides flexible protection of devices against moisture, water and other contaminating elements. It can be deposited through an organic and inorganic layer. Thin film encapsulation has the main applicability in smart devices including smart wearables, smartphones, smart watches that are evolving to flexible device structures.
The increase in the demand for thin-film barrier in organic and flexible devices and rising advantages associated with thin film encapsulation are the major drivers that will influence the growth of thin-film encapsulation market. Furthermore, upsurge in the adoption of flexible OLED display for smart wearables and smartphones will enhance the market growth rate. Also, upsurge in the trend of thin film encapsulation including inkjet printing technology and rise in the demand for high-efficacy and thin-solar cells will cushion the market growth rate. Moreover, roll-to-roll production of OLED lightning and increasing investments involved in OLED technology and manufacturing facilities will further create beneficial opportunities for the growth of the market.
However, advancement of flexible glasses and high cost associated with thin-film encapsulations are the factors that will act as restraints for the growth of market. Growing need of technical knowledge and safety of intellectual properties will further challenge the growth of the thin-film encapsulation market.
This Middle East and Africa thin-film encapsulation market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on Middle East and Africa thin-film encapsulation market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Middle East and Africa Thin-Film Encapsulation Market Scope and Market Size
Middle East and Africa thin-film encapsulation market is segmented on the basis of deposition technologies, flexible OLED design and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- Based on deposition technologies, the thin-film encapsulation market is segmented into inorganic layers and organic layers. Inorganic layers have been further sub-segmented into plasma-enhanced chemical vapor deposition (PECVD) and atomic layer deposition (ALD). Organic layers have been further sub-segmented into inkjet printing and vacuum thermal printing.
- The thin-film encapsulation market on the basis of flexible OLED design is segmented into cathode and anode.
- Based on application, the thin-film encapsulation market is segmented into flexible OLED display, flexible OLED lighting, thin-film photovoltaics and others. Flexible OLED display has been further sub-segmented into smartphones, smart wearables, television and large format display.
Middle East and Africa Thin-Film Encapsulation Market Country Level Analysis
Middle East and Africa thin-film encapsulation market is analysed and market size, volume information is provided by country, deposition technologies, flexible OLED design and application as referenced above.
The countries covered in the Middle East and Africa thin-film encapsulation market report are U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
The country section of the Middle East and Africa thin-film encapsulation market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Middle East and Africa Thin-Film Encapsulation Market Share Analysis
Middle East and Africa thin-film encapsulation market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Middle East and Africa thin-film encapsulation market.
The major players covered in Middle East and Africa thin-film encapsulation market report are AMS Group, Glaston Corporation, Meyer Burger Technology AG, Beneq, Rolic Technologies AG, Veeco Instruments Inc., MBRAUN, SAES Getters S.p.A., Picosun Oy., Angstrom Engineering Inc., KANEKA CORPORATION, Kyoritsu Chemical & Co. Ltd., SNU PRECISION CO., LTD., SAMSUNG SDI CO.,LTD., LG Chem., UNIVERSAL DISPLAY, Applied Materials, Inc., Kateeva and 3M, among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.