Indium Gallium Zinc Oxide is fastest growing segment fueling the growth of Indium Gallium Zinc Oxide Market
The global Indium Gallium Zinc Oxide Market is estimated to be valued at US$ 2.29 in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Indium gallium zinc oxide is a material used in manufacturing of thin-film transistors for liquid crystal displays and OLED displays. It offers high electron mobility, optical transparency and tunable electrical conductivity properties. IGZO plays a vital role in manufacturing of thin, light and power efficient displays for various electronic devices. Market key trends: One of the major trend in the Indium Gallium Zinc Oxide Market is the increasing demand for larger, brighter and more energy efficient displays for various consumer electronic devices such as smartphones, tablet and TVs. IGZO semiconductor materials allows manufacturing of displays with enhanced functionality and lower power consumption which has increased it...