
Global Thick Film Devices Market to grow at a CAGR of 12.2% over the period 2014-2019. Thick film devices are single-layered or multi-layered structures and are made up by the deposition of a formulated paste on a substrate. The substrate can be made of various materials such as ceramic, polymeric, and metallic. The layer deposited on the substrate facilitates electrical, mechanical, or chemical functionality for the device, in which the layer is fabricated. Thick film devices are mostly used in energy devices such as photovoltaic cells and fuel cells as well as in the electronic devices such as capacitors and circuit devices. In addition, the thick film devices find their use in mechanical and chemical devices, which consist of optical sensors and piezoelectric devices. The increased need to improve and accentuate various device components is one of the major factors driving the demand for thick film devices.