Market Overview:
The global ITO sensor market is expected to grow at a CAGR of 9.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for smart devices and the growing trend of miniaturization in electronic devices. In addition, the increasing demand for automotive applications is also contributing to the growth of this market. The film-based ITO sensor segment is expected to dominate the global ITO sensor market during the forecast period from 2018 to 2030. This segment accounted for a majority share of 78% in 2017 and is projected to grow at a CAGR of 10% during the forecast period.
 Sensor Industry Outlook.svg)
Product Definition:
An ITO sensor is a device that uses indium tin oxide as the active material to detect light. The importance of ITO sensors lies in their ability to be used in a variety of applications, including touch screens, flat panel displays and solar energy cells.
Film-Based ITO Sensor:
Film-based ITO sensor is a new technology that emerged in the last decade. It has been used for various applications such as smart windows, smart clothing, and self-healing coatings. The major factor responsible for its growing acceptance is its capability to perform under low light conditions as well as in complete darkness.
ITO (Indium tin oxide) sensors are thin film transducers which convert incident infrared or ultraviolet radiation into electrical signals by means of photoelectric effect.
Glass-Based ITO Sensor:
Glass-based ITO sensor is a new technology that emerged in the last decade. It has been used for various applications such as smart windows, touch panels, and electronic paper. Glass-based ITO sensors are thin and flexible sheets made from silica glass with an indium tin oxide (ITO) layer on one side and a transparent adhesive on the other side.
Application Insights:
The smartphones application segment led the global ITO (Indium Tin Oxide) sensor market in 2017. The growing demand for smart devices is expected to drive the growth of this segment over the forecast period. Increasing production of smart devices is also likely to have a positive impact on market growth during the estimated period.
Tablets are anticipated to be one of the fastest-growing segments during the forecast period, owing to increasing demand for portable electronic devices that offer enhanced functionality and performance compared with conventional laptops and notebooks. Growing usage of tablets across educational institutions, corporate offices, retail stores and healthcare organizations has significantly boosted industry growth over recent years. Moreover, rising R&D activities pertaining to development of advanced sensors capable of operating at higher temperatures are further expected to propel industry expansion from 2018 through 2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing production and sales of ITO sensors in countries such as China, India, Japan, South Korea, and Taiwan. The presence of a large number of manufacturers coupled with increased demand from end-use industries such as medical equipment & devices; consumer electronics; automotive; industrial automation will drive the regional market further.
The Latin American region is also estimated to witness significant growth over the coming years owing to increasing investments by global players in this region for manufacturing glass-based ITO sensor chips at low cost. In addition, rising disposable income levels are anticipated to fuel product adoption across various applications including smartphones and laptops thereby driving market growth in this region.
Growth Factors:
- Increasing demand for miniaturization in consumer electronics and wearable devices
- Rising demand from automotive sector for safety and security features
- Growing popularity of Internet of Things (IoT) and connected devices
- Proliferation of smart cities and the need for advanced infrastructure
- Rising awareness about environment-friendly alternatives to traditional materials
Scope Of The Report
Report Attributes
Report Details
Report Title
ITO (Indium Tin Oxide) Sensor Market Research Report
By Type
Film-Based ITO Sensor, Glass-Based ITO Sensor
By Application
Smartphones, Tablets, Wearable Device, Laptops, Automotive, Medical Equipment, Industrial Equipment, Others
By Companies
Nitto, Ofilm, CSG Holding, Shenzhen Leaguer Optronics, Jiangsu Rijiu Optoelectronics, Shantou Wanshun New Material, Singyes New Materials, Nissha, Panasonic, LG
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 (Indium Tin Oxide) Sensor Market Report Segments:
The global ITO (Indium Tin Oxide) Sensor market is segmented on the basis of:
Types
Film-Based ITO Sensor, Glass-Based ITO Sensor
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
Smartphones, Tablets, Wearable Device, Laptops, Automotive, Medical Equipment, Industrial Equipment, Others
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:
- Nitto
- Ofilm
- CSG Holding
- Shenzhen Leaguer Optronics
- Jiangsu Rijiu Optoelectronics
- Shantou Wanshun New Material
- Singyes New Materials
- Nissha
- Panasonic
- LG
 Sensor Market Overview.svg)
Highlights of The ITO (Indium Tin Oxide) Sensor 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:
- Film-Based ITO Sensor
- Glass-Based ITO Sensor
- By Application:
- Smartphones
- Tablets
- Wearable Device
- Laptops
- Automotive
- Medical Equipment
- Industrial Equipment
- Others
- 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 (Indium Tin Oxide) Sensor 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
- Identifying Appropriate Advertising Appeals
 Sensor Market Statistics.svg)
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 is a type of sensor that uses light to detect the presence or absence of an object. ITO sensors are often used in devices that need to detect movement, such as security cameras and door sensors.
Some of the major players in the ito (indium tin oxide) sensor market are Nitto, Ofilm, CSG Holding, Shenzhen Leaguer Optronics, Jiangsu Rijiu Optoelectronics, Shantou Wanshun New Material, Singyes New Materials, Nissha, Panasonic, LG.
The ito (indium tin oxide) sensor market is expected to grow at a compound annual growth rate of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 ITO (Indium Tin Oxide) Sensor 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 (Indium Tin Oxide) Sensor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 ITO (Indium Tin Oxide) Sensor 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 (Indium Tin Oxide) Sensor 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 (Indium Tin Oxide) Sensor Market Size & Forecast, 2020-2028
4.5.1 ITO (Indium Tin Oxide) Sensor Market Size and Y-o-Y Growth
4.5.2 ITO (Indium Tin Oxide) Sensor 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 Film-Based ITO Sensor
5.2.2 Glass-Based ITO Sensor
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 Smartphones
6.2.2 Tablets
6.2.3 Wearable Device
6.2.4 Laptops
6.2.5 Automotive
6.2.6 Medical Equipment
6.2.7 Industrial Equipment
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global ITO (Indium Tin Oxide) Sensor 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 (Indium Tin Oxide) Sensor 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 Film-Based ITO Sensor
9.6.2 Glass-Based ITO Sensor
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 Smartphones
9.10.2 Tablets
9.10.3 Wearable Device
9.10.4 Laptops
9.10.5 Automotive
9.10.6 Medical Equipment
9.10.7 Industrial Equipment
9.10.8 Others
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 Film-Based ITO Sensor
10.6.2 Glass-Based ITO Sensor
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 Smartphones
10.10.2 Tablets
10.10.3 Wearable Device
10.10.4 Laptops
10.10.5 Automotive
10.10.6 Medical Equipment
10.10.7 Industrial Equipment
10.10.8 Others
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 Film-Based ITO Sensor
11.6.2 Glass-Based ITO Sensor
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 Smartphones
11.10.2 Tablets
11.10.3 Wearable Device
11.10.4 Laptops
11.10.5 Automotive
11.10.6 Medical Equipment
11.10.7 Industrial Equipment
11.10.8 Others
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 Film-Based ITO Sensor
12.6.2 Glass-Based ITO Sensor
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 Smartphones
12.10.2 Tablets
12.10.3 Wearable Device
12.10.4 Laptops
12.10.5 Automotive
12.10.6 Medical Equipment
12.10.7 Industrial Equipment
12.10.8 Others
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 Film-Based ITO Sensor
13.6.2 Glass-Based ITO Sensor
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 Smartphones
13.10.2 Tablets
13.10.3 Wearable Device
13.10.4 Laptops
13.10.5 Automotive
13.10.6 Medical Equipment
13.10.7 Industrial Equipment
13.10.8 Others
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 (Indium Tin Oxide) Sensor Market: Competitive Dashboard
14.2 Global ITO (Indium Tin Oxide) Sensor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nitto
14.3.2 Ofilm
14.3.3 CSG Holding
14.3.4 Shenzhen Leaguer Optronics
14.3.5 Jiangsu Rijiu Optoelectronics
14.3.6 Shantou Wanshun New Material
14.3.7 Singyes New Materials
14.3.8 Nissha
14.3.9 Panasonic
14.3.10 LG
