The global film market will grow to $84.2 billion in 2020

In energy applications, the global thin film market is expected to grow from $14.
6 billion in 2014 to $19.
7 billion
in 2015.
The thin film market is expected to grow to $84.
2 billion by 2020 and grow at a CAGR of 33.
7% over the next five years from 2015 to 2020
.

The PV thin film market is expected to grow from $16.
7 billion in 2015 to $71.
1 billion by 2020, growing at a CAGR of 33.
6% during the period 2015-2020
.
In the battery industry, the thin film market is expected to grow from $2.
2 billion in 2015 to $9.
8 billion by 2020, at a CAGR of 34.
2%
during the period 2015-2020.

Despite its smaller size, the thin-film battery market is expected to witness strong growth
during the forecast period.
Films reduce the cost of manufacturing products, improve performance, provide flexibility in product design, and are environmentally friendly
.