2014-01-30 05:21:02 - Global Thick Film Devices Market 2012-2016 - a new market research report on companiesandmarkets.com
The Global Thick Film Devices market is to grow at a CAGR of 13.76 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased adoption of thick film technology in mobile devices. The Global Thick Film Devices market has also been witnessing the increasing adoption of thick film devices in various industries. However, global economic fluctuations could pose a challenge to the growth of this market.
One of the main trends witnessed in the Global Thick Film Devices market is the increasing focus on energy management. The governments in various countries have introduced stringent regulations on power consumption, forcing manufacturers to reduce energy consumption. The need to reduce power consumption has driven many
organizations to adopt industrial microcontrollers. The emphasis on energy management was imposed by governments to ensure environmental protection, energy efficiency, and sustainable resource management. Microcontrollers are extensively used in power management applications since they are capable of reducing the power usage of various types of equipment used in the Industrial sector. These factors are likely to enhance the demand for microcontrollers, in which thick film technology is used.
One of the main factors driving the market is the technological advancements in semiconductor space. The main reason for such technological advancements is the increasing demand for digitization of consumer electronics.
One of the main challenges is the seasonality in demand. Any demand fluctuation in the supply side, due to the bull-whip effect, would cause fluctuations in the supply chain side, which will lead to high inventory levels.
The key vendors dominating this space include GE Sensing and Inspection Technologies Pty Ltd., Panasonic Corp., Samsung Electro-Mechanics Co. Ltd., and Sharp Corp.
The other vendors mentioned are AVX Corp., C-MAC Microtechnology, FDK Corp., Guangdong Fenghua Advanced Technology Holding Co. Ltd., KEMET Corp., KOA International, KYOCERA Corp., Murata Manufacturing Co. Ltd., Nippon Chemi-Con Corp., ROHM Co. Ltd., SolarWorld AG, TAIYO YUDEN Co. Ltd., TDK Corp., TOKO Inc., TT Electronics PLC, Tyco Electronics Corp., Vishay Intertechnology Inc., Walsin Technology Corp., and YAGEO Corp.
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