Market Overview:
The global ITO glass market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The high resistance ITO glass segment is expected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing demand for high-quality displays and transparent circuits boards in various applications, such as smartphones, tablets, laptops, and TVs. North America is estimated to hold the largest share of the global ITO glass market in 2018. This region is witnessing a significant increase in demand for high-quality displays and transparent circuits boards from various end-use industries such as automotive and consumer electronics.
Product Definition:
ITO glass is a transparent conductor that has a high resistance to scratching and abrasion. This type of glass is often used in touch screens and displays because it allows for the transmission of an electrical current. ITO glass is also effective at blocking UV radiation.
Low Resistance ITO Glass:
Low resistance ITO glass is a type of transparent indium tin oxide (ITO) glass that exhibits low electrical resistance. It has applications in touch panels, LCD displays, TFT-LCD displays and electroluminescent diodes.
High Resistance ITO Glass:
High resistance ITO glass is a kind of special type of glass that has the ability to sustain high electric current. It can also block most of the light, but there are some exceptions. The normal kinds of ITO glasses have about 1,500-2,000 Angstroms thickness and HRITO has around 3,500-4,000 Angstroms thickness. The higher number means it's stronger and more durable than normal one.
Application Insights:
The application segment includes STN liquid crystal display, transparent circuit board and others. STN liquid crystal displays are expected to be the major application segment over the forecast period owing to increasing demand for large screen smartphones and other gadgets. The growing popularity of smartwatches is also likely to have a positive impact on demand for ITO glass in this application type.
Transparent circuit boards are anticipated to witness significant growth over the forecast period due to rising demand from various end-use industries including consumer electronics, telecommunication and automotive among others. Increasing R&D activities by several companies including Japan¢â‚¬â„¢s Mitsubishi Electric Corporation ¢â‚¬Å“ focusing on new generation transparent conducting polymer (TCP) materials may result in development of low cost & high performance ITO products which can be used as a replacement for traditional PCB materials thereby driving market growth during the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing demand for ITO glass in key applications such as touch screens, transparent conductive films, TFT-LCDs and solar cells. China accounts for a major share of global production owing to low manufacturing cost coupled with easy availability of raw materials.
North America market is driven by growing demand from end-use industries such as electronics, automotive and medical devices among others. The U.S., being one of the largest producers of crude oil & natural gas globally has huge potential for energy efficiency through application of ITO glass in PV modules that would help reduce electricity bill thereby reducing carbon footprint associated with manufacturing these products in North America region which will drive industry growth over next eight years (2018 - 2030).
Europe market was valued at USD X million in 2017.
Growth Factors:
- Increasing demand for touch-enabled devices: The increasing demand for touch-enabled devices is one of the major growth drivers for the ITO glass market. With the advent of new technologies and growing consumer awareness, there is an increase in demand for touch-screen devices, which is expected to drive the market growth during the forecast period.
- Rising penetration of smartphones and tablets: The rising penetration of smartphones and tablets is another key factor that is expected to fuel the growth of ITO glass market during the forecast period. Smartphones and tablets are equipped with advanced features such as capacitive touchscreen displays, which require high quality transparent conductors such as ITO glass for their functioning. Thus, increasing adoption of these devices across different regions is anticipated to boost market growth over next few years.
- Growing trend of wearable electronics: Another major factor that would propel market growth during forecast period is growing trend towards wearable electronics segment especially smart watches and fitness bands etc., These electronic gadgets are equipped with advanced features such as sensors, displays etc., which requires high quality transparent conductors like ITO glass in order to function properly .Thus ,growing popularity if wearable electronics would spur demand from this application segment consequently propelling overall ITO Glass Market Growth .
Scope Of The Report
Report Attributes
Report Details
Report Title
ITO Glass Market Research Report
By Type
Low Resistance ITO Glass, High Resistance ITO Glass
By Application
STN Liquid Crystal Display, Transparent Circuit Board
By Companies
AimCore Technology, Nanocs, Indium Corporation, MTI Corporation Browse, Structure Probe, Inc., SHENZHEN LAIBAO HI-TECH, SNP, GemTech Optoelectronics, Hon Hai Group, AVCT, AimCore Technology, XuMatic, VisionTek Systems, Delta Technologies, KINTEC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global ITO Glass Market Report Segments:
The global ITO Glass market is segmented on the basis of:
Types
Low Resistance ITO Glass, High Resistance ITO Glass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
STN Liquid Crystal Display, Transparent Circuit Board
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AimCore Technology
- Nanocs
- Indium Corporation
- MTI Corporation Browse
- Structure Probe, Inc.
- SHENZHEN LAIBAO HI-TECH
- SNP
- GemTech Optoelectronics
- Hon Hai Group
- AVCT
- AimCore Technology
- XuMatic
- VisionTek Systems
- Delta Technologies
- KINTEC
Highlights of The ITO Glass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Resistance ITO Glass
- High Resistance ITO Glass
- By Application:
- STN Liquid Crystal Display
- Transparent Circuit Board
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the ITO Glass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
ITO Glass is a type of glass that has been treated with an ITO coating. The ITO coating helps to protect the glass from scratches and other damage, making it more resistant to wear and tear.
Some of the key players operating in the ito glass market are AimCore Technology, Nanocs, Indium Corporation, MTI Corporation Browse, Structure Probe, Inc., SHENZHEN LAIBAO HI-TECH, SNP, GemTech Optoelectronics, Hon Hai Group, AVCT, AimCore Technology, XuMatic, VisionTek Systems, Delta Technologies, KINTEC.
The ito glass market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ITO Glass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 ITO Glass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ITO Glass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the ITO Glass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global ITO Glass Market Size & Forecast, 2020-2028
4.5.1 ITO Glass Market Size and Y-o-Y Growth
4.5.2 ITO Glass Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Low Resistance ITO Glass
5.2.2 High Resistance ITO Glass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 STN Liquid Crystal Display
6.2.2 Transparent Circuit Board
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ITO Glass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 ITO Glass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Low Resistance ITO Glass
9.6.2 High Resistance ITO Glass
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 STN Liquid Crystal Display
9.10.2 Transparent Circuit Board
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Low Resistance ITO Glass
10.6.2 High Resistance ITO Glass
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 STN Liquid Crystal Display
10.10.2 Transparent Circuit Board
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Low Resistance ITO Glass
11.6.2 High Resistance ITO Glass
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 STN Liquid Crystal Display
11.10.2 Transparent Circuit Board
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Low Resistance ITO Glass
12.6.2 High Resistance ITO Glass
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 STN Liquid Crystal Display
12.10.2 Transparent Circuit Board
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Low Resistance ITO Glass
13.6.2 High Resistance ITO Glass
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 STN Liquid Crystal Display
13.10.2 Transparent Circuit Board
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 ITO Glass Market: Competitive Dashboard
14.2 Global ITO Glass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AimCore Technology
14.3.2 Nanocs
14.3.3 Indium Corporation
14.3.4 MTI Corporation Browse
14.3.5 Structure Probe, Inc.
14.3.6 SHENZHEN LAIBAO HI-TECH
14.3.7 SNP
14.3.8 GemTech Optoelectronics
14.3.9 Hon Hai Group
14.3.10 AVCT
14.3.11 AimCore Technology
14.3.12 XuMatic
14.3.13 VisionTek Systems
14.3.14 Delta Technologies
14.3.15 KINTEC
