Potential Impact of COVID-19 on Thin Film Diode Market

Posted by anna on January 7th, 2021

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.