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The indium tin oxide (ITO) market size is forecast to increase by USD 239.8 million, at a CAGR of 5.6% between 2023 and 2028. The market is witnessing significant growth due to the increasing dependency on renewable energy sources. ITO, a transparent semiconductor, plays a crucial role in solar panels and touchscreens. The market trends include the increased deposition of silver nanoparticles on ITO for enhanced conductivity and transparency. However, the shortage in indium production poses a challenge to the market growth. Techniques such as electron beam evaporation and sputter deposition are used for ITO coating with a thin protective layer to ensure its durability and longevity. The market is expected to continue its growth trajectory, driven by the demand for energy-efficient and eco-friendly technologies.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Technology
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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