Thin Film Semiconductor Deposition Market revenue will reach $29.2 bi Thin Film Semiconductor Deposition Market Forecast | Page 6

Asia-Pacific exhibits exponential growth and anticipated to
be the market leaders through forecast period
Asia-Pacific remains the world’s electronics hub with revenue
generating around 60% of the total global thin film
semiconductor sector. It is expected to grow at a CAGR of 15.1%
and to capture more than 60% of the market by 2024. China is
the foremost thin film semiconductor manufacturer and leads
the industry with around 35% of the global market share in
terms of revenue. For instance, a study by SMEI, a global
industry association working in electronics industry indicates
China’s semiconductors capital market is boosted by 32% in
2016.
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