NanoMarkets: Thin-film electronics market to reach $15.5 billion in 2011

The demand for thin-film electronics is growing rapidly, making this type of technology a hot market in the next few years, according to a new report from NanoMarkets. These types of applications, which are used in large digital displays, will generate $15.5 billion in revenue in the year 2011.

The report, “The New Thin-Film Electronics” is the latest in a series of reports from NanoMarkets that examines how advances in materials and production modalities are enabling new growth opportunities in the semiconductor business.

By 2011, NanoMarkets expects that display applications using thin-film electronics will reach $7.3 billion. However, over the next two years the firm believes that the market will also see significant new business opportunities emerge from other applications of thin-film electronics such as photovoltaics, batteries, sensors, information storage and lighting. These new developments will involve some of the best-known names in the electronics industry – firms such as Sanyo, Sharp and Seagate – as well as interesting startups such as Konarka and Innovalight.

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