Thin Film Diode: Introduction
- A thin film diode is a semiconductor component that is produced using thin-film technology.
- Thin film diode semiconductors are small and comprise thin slices of semiconducting material. They are very carefully manufactured to create a perfect p-n junction.
- Thin film diodes (TFDs) are critical elements used for thin film electronics, and their most important application includes the pixel switching elements on flat panel displays (FPDs).
- Based on fabrication type, thin film diodes are classified into two types: organic and inorganic. According to product type, thin film diodes are divided into liquid crystal display, light emitting diode, electronic paper display, and AMOLED. Thin film diodes are used in consumer electronics, automotive, BFSI, industrial, healthcare, and other sectors.
Rise in Demand in Consumer Electronics
- The consumer electronics segment witnesses rising need for advanced TFD display, which has created demand for organic and advanced TFD display.
- Thin film diode (TFD) technology is widely used in flat-panel displays in computers, televisions, smartphones, and laptops, wearable devices, and video systems. Stable processes for large-scale fabrication, improved semiconductor layer, and development of equipment to manufacture large devices are advancing the usage of thin film diodes, which is expected to boost the global thin film diode market during the forecast period.
- Growing inventions in smartphone display panels, increasing use of liquid crystal diode and light emitting diode, and rising use of electronic paper display and AMOLED also propels the growth of the global thin film diode market.
- The complex structure and manufacturing cost are major restraints of the global thin film diode market. However, new research and development activities provide opportunities for the market.
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Asia Pacific to Lead the Thin Film Diode Market
- In terms of region, the global thin film diode market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America.
- Asia Pacific is anticipated to dominate the global thin film diode market throughout the forecast period, as large number of manufacturers of thin film diode operate in the APAC region.
- Asia Pacific is expected to witness the fastest growth in the thin film diode market during the forecast period due to the largest consumer base of thin film diodes owing to a growing industrial base and consumer electronics industry in developing nations such as China, Japan, South Korea, Taiwan, and India in the region.
- Additionally, demand for consumer goods such as televisions, monitors, smartphones, and laptops, with displays is growing in Asia Pacific, which propels the growth of the thin film diode market.
- North America holds the second largest share of the thin film diode market due to an increase in demand from healthcare, and automotive end-use industries.
- The thin film diode market in Europe is expected to expand at a substantial rate during the forecast period. On the other hand, the market in Middle East & Africa, and South America is estimated to expand at a moderate pace during the forecast period.
Key Players Operating in the Global Thin Film Diode Market
The global thin film diode market was highly fragmented in 2019. Major players operating in the market are focusing on technological advancements and expansions to meet the rising demand for thin film diodes. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative products.
Key players operating in the global thin film diode market include:
- Panasonic Semiconductor Solutions Co., Ltd.
- Samsung Electronics Co., Ltd.
- Omnivex Corporation
- Mitsubishi Electric Corporation
- LG Display Co., Ltd.
- Sony Corporation
- Fujitsu Limited
- ON Semiconductor
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Global Thin Film Diode Market: Research Scope
Global Thin Film Diode Market, by Fabrication Type
Global Thin Film Diode Market, by Product Type
- Liquid Crystal Display
- Light Emitting Diode
- Electronic Paper Display
Global Thin Film Diode Market, by Application
- Consumer Electronics
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.