According to a report provided by Fact.MR, the global anisotropic conductive film market is estimated to surpass a valuation of US$ 840 million by 2021, and will grow at an excellent CAGR of roughly 11% from 2021 to 2031.
The primary driver driving demand for anisotropic conductive film is the rising demand for flat panel displays for smartphones, tablets, laptops, smart wearables, and other devices (ACF). Manufacturers are focusing on improving the performance and output of mobile information terminals, as well as improving operability and image quality and developing lightweight and touch-control systems. In addition, as the number of medical devices required at healthcare facilities grows, changing demographics (ageing) across developed nations is assisting demand growth for anisotropic conductive film. In addition, the growing trend of lightweight vehicles is driving up demand for ACF in OLEDs and vehicle dashboards.
Key Segments Covered
By Film Width
- < 1.25 mm
- 1.25 – 2.0 mm
- 2.0 mm
By Connection Type
- Televisions & Monitors
- Smartphones & Tablets
- PCs & Laptops
- Smart Wearables
- Vehicle Displays
By End User
- Device OEMs
Fact.MR has profiled the following key anisotropic conductive film manufacturers in its report:
- Showa Denko Materials
- Dexerials Corporation
- H&S HighTech
- AMADA WELD TECH
- PVA TePla America
- Duksan Hi-Metal Co.
- 3T Frontiers
- Guangzhou Weicai
- Shenzhen Olian Automatic Equipment
Takeaways from the Market Research
Anisotropic conductive films are commonly employed in display devices, but their use in non-display devices is growing as well.
Anisotropic conductive film with a small width (less than 1.25 mm) accounts for 34% of sales and is mostly manufactured and used in East Asian countries.
Device OEMs control roughly 90% of the overall market share by end user.
Smartphone and tablet applications account for more than 40% of total demand.
Through 2031, the ACF market in China and Taiwan is expected to grow at a CAGR of about 10%, while that in Japan and South Korea will grow at a CAGR of approximately 12%.
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