Analysts forecast the Global Thick Film Devices market to grow at a CAGR of 12.2 percent over the period 2014-2019.
The report covers the present scenario and the growth prospects of the Global Thick Film Devices market for the period 2015-2019. The report provides the segmentation of the market based on application and geography.
Global Thick Film Devices Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Thick Film Devices market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Global Thick Film Devices Market: GE Sensing and Inspection Technologies Pty Ltd., Panasonic Corp., Samsung Electro-Mechanics Co. Ltd. and Sharp Corp.
Other Prominent Vendors in the market are: AVX, C-MAC Microtechnology, FDK, Guangdong Fenghua Advanced Technology Holding, KEMET, KOA International, Nippon Chemi-Con, SolarWorld and Tyco Electronics.
Rapid increase in advances in technology in the semiconductor industry is one of the key trends emerging in this market. Several semiconductor manufacturers have shifted their focus toward the improvement of performance and reliability of their offerings. The use of the thick film technology will help semiconductor manufacturers achieve enhanced operational efficiency and reliability.
According to the report, increased use of thick films in semiconductors is expected to fuel the growth of the Global Thick Film Devices market. A semiconductor forms the most fundamental component of any electronic device. These electronic devices offer increased functionalities at reduced sizes. Thus, considering the increased sales of electronic devices, semiconductor manufacturers have started to expand their manufacturing capacity, which is in turn leading to increased use of thick film devices.
Further, the report states that the demand for desktop PCs has declined because of the emergence of portable display devices such as smartphones and tablet PCs as new computing platforms. Feeble global economic conditions in the past have also had a bearing on the overall market growth.
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