North America 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.S., Mexico, Canada) Industry Trends and Forecast to 2028
Market Analysis and Insights : North America Thin-Film Encapsulation Market
Data Bridge Market Research analyses the North America thin-film encapsulation market will exhibit a CAGR of 19.20% for the forecast period of 2021-2028 and is expected to reach the USD 74.18 million by 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, and smart watches 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 influencing the growth of the 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, the rise in the trend of thin film encapsulation, including inkjet printing technology, and the 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 in OLED technology and manufacturing facilities will further create beneficial opportunities for the market's growth.
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 North America 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 North America 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.
North America Thin-Film Encapsulation Market Scope and Market Size
North America 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.
North America Thin-Film Encapsulation Market Country Level Analysis
North America 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 North America thin-film encapsulation market report are U.S., Canada and Mexico.
The country section of the North America 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 North America Thin-Film Encapsulation Market Share Analysis
North America 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 North America thin-film encapsulation market.
The major players covered in North America 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.