New Report from NanoMarkets Foresees Continued Growth in the Zinc Oxide Electronics...

New Report from NanoMarkets Foresees Continued Growth in the Zinc Oxide
Electronics Market

GLEN ALLEN, Va., Feb. 24 /PRNewswire/ -- According to a new report from
NanoMarkets, LC an industry analyst firm based, here, devices and materials
based on zinc oxide (ZnO) are expected to create major new opportunities for
the electronics industry over the next few years ranging from enhanced
antistatic coatings to high-value-added products such as solid-state lighting
and display backplanes. The report predicts that revenues from the leading
ZnO-related electronics applications will reach about $860 million ($US) in
2012, rising to $2.3 billion in 2016. The new NanoMarkets study stresses that
despite the economic recession, ZnO electronics will generate new business
revenues, because it addresses real world problems in a cost effective way.

Additional details about the report can be found on the firm's website at
www.nanomarkets.net.

Key findings of the report:

-- ZnO applications in electronics today are dominated by mature
applications with well over 90 percent of revenues coming from
conductive and optical coatings, varistors and older gas sensor
technology. However, NanoMarkets predicts that by 2016, new
applications for ZnO will make up well over 60 percent. These
applications will include PV electrodes, Zn-based light-emitting
diodes
(LEDs,) backplanes for OLED and other displays, and novel kinds of
gas,
UV and biosensors.

-- NanoMarkets sees the development of ZnO semiconductor devices as
providing the largest opportunity for ZnO electronics over the next
few
years. ZnO LEDs are expected to radically lower the cost of LEDs for
general illumination applications and projected to reach around $250
million in sales by 2013. ZnO TFT backplanes for OLED are projected
as
a key future enabler of the OLED displays, since they can outperform
organic and a-Si TFTs and cost less than polysilicon TFTs. Even if
the
current intensive search for p-type ZnO semiconductors fails to bear
fruit, opportunities will remain for hybrid devices that combine ZnO
with other materials such as gallium nitride.

-- ZnO electronics also holds out the promise of fully transparent
displays
and windows that turn into lighting panels at night. And although
NanoMarkets is skeptical about some of the more fanciful expectations
for "transparent" electronics, the new report discusses how
transparent LEDs could have an immediate revenue generating impact on
the display industry.

About the Report:

NanoMarkets' report, "Markets for Zinc Oxide in Electronics" analyzes and
quantifies opportunities for ZnO devices and coatings in the electronics
industries. Coverage includes the latest R&D and commercialization efforts in
the areas of EMI/RFI, UV and antistatic coatings as well as the full range of
ZnO-based devices including varistors and power electronics devices,
piezoelectric sensors, solid-state UV sources, ZnO LEDs and ZnO TFTs, ZnO
electrodes for PV, etc. The report also analyzes the prospects for ZnO
nanostructures in electronics and the role of ZnO in spintronics and it
profiles some of the leading players in this space at the present time
including firms such as Canon, Casio, Cermet, Idemitsu, LG Electronics,
Nanovation, Samsung, Sharp, Tokyo Denpa, Toppan Printing, ZnOrdic and ZN
Technology. As with all NanoMarkets reports, this study includes an
eight-year forecast, with a break out by ZnO application.

About NanoMarkets:

NanoMarkets tracks and analyzes emerging market opportunities in electronics
created by developments in advanced materials. The firm has published numerous
reports related to organic, thin film and printable electronics materials and
applications and maintains a blog at www.nanotopblog.com that comments on
industry trends and events. Visit www.nanomarkets.net for a full listing of
NanoMarkets' reports and other services.

SOURCE NanoMarkets

Robert Nolan of NanoMarkets, +1-804-360-2967, info@nanomarkets.net