Transparent electronics is an emerging technology that focuses on
producing optoelectronic devices and invisible electronic circuitry.
It conducts transparent conducting oxides (TCO) such as In2O3, SnO2,
ZnO, and CdO. Transparent electronics dramatically change the use and
look of electronic devices. They increase the potential of innovative
products by adding features like the ability to display information
on an automobile windshield or surfing the Web on top of a tea table.
In the last decade, the market for different materials used in
transparent electronic applications has grown robustly. This emerging
market is expected to grow at a speculative rate in the future. Due
to a large number of tech savvy people, a majority of this growth is
expected from North America and Europe.
The market was dominated by transparent conducting oxides (TCO) due
to their wide range of applications in touch display panels, optical
coatings, flat panel displays, solar cells, defrosters, heaters,
optical coating, and smart windows. TCOs can be used as passive
optical or electrical coatings. The silicon compound segment is
dominating the transparent electronic materials market. Zinc oxide is
the cheapest and an environment friendly compound; it also has
significant potential in non-volatile flash memory.
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Applications of transparent electronics include transportation,
consumer electronics, energy sources and others. Owing to stringent
regulations in energy consumption and emission reduction, the demand
for building integrated photovoltaic’s (BIVP) has increased, which
will accelerate the demand for transparent electronic materials.
Transparent electronics reduce the size and increase the memory
capacity of electronic devices. Moreover, market growth is further
accelerated by technology innovation and new product developments,
which will reduce the cost and size of electronic devices.
Lack of skilled manpower from different verticals such as pure and
applied science, physics, chemistry, electrical, electronics, circuit
engineering required to achieve desired application specific
properties depending on desired properties of the final product, is a
major challenge for this industry. The Oregon State University has
developed zinc tin oxide based resistive random access memory (RRAM)
which is also referred to as ‘memristor’. This is a new
transparent technology which the computer memory operates on
resistance. Products incorporated with this technology become
cheaper, smaller, and faster.
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