The report “Thin Film Material Market, By Type (CdTe, CIGS, a-Si, Others), End-User Industry [Photovoltaic Solar Cells, MEMS, Semiconductors and Electrical (Circuit Boards), Optical Coating, Others], and Deposition Processes – Global Trends & Forecast to 2018” , defines and segments the thin film material market with an analysis and forecast of the market value. The thin film material market value will grow to $10.25 billion by 2018, at a significant CAGR from 2013 to 2018. The advantages offered by thin film material in industrial as well as domestic operations, coupled with the rising demand for efficiency and miniaturization, will continue to drive the thin film material market. The growing demand from end-user industries would be responsible for the growth of thin film material market at a very swift pace in the future.
The thin material market is highly competitive and most companies don’t offer all types of thin film material. First Solar (U.S.) is a major player which has dominated the CdTe market, accounting for nearly half of of the total CdTe market in 2012. Hanergy (China) dominated the CIS/CIGS market; occupying around one-third of the market by acquiring other bankrupt companies in 2012. Ascent Solar (U.S.), Kaneka Solar Energy (Japan), and Solar Frontier (Japan) are the other major companies offering CIS/CIGS technology. The a-Si technology is majorly used by Asian companies such as Anwell Solar (Hong Kong), Suntech Power Co. Ltd. (China), and Moser Baer (India).
