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Semiconductor Materials Market - In Depth Industry Analysis, Size, Trends And Forecast By 2028

02-06-2020 09:00 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

Semiconductor Materials Market - In Depth Industry Analysis,

According to the latest report by Quince Market Insights, the Global Semiconductor Materials Market is projected to reach USD 78.42 billion by 2028, at a CAGR of 4.5% during the forecast period.
What are Semiconductor Materials and what are their uses?

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For telecommunications, semiconductor materials are commonly used. Some of the most widely used semiconductor materials, such as titanium, germanium, gallium, indium and molybdenum. Because of its characteristics, such as high electron mobility at room temperatures and fast electrical transmission of current at high heat, Silicon is the market's favorite semiconductor. Silicium is the most abundant element in the crust of the earth, and is therefore very cheap.

Silicon is a substance that leads normally, but its excited electrons move from valence boundary into conduction band until induced by rising temperatures. Silicium is a conductor in this state. In compliance for different applications, the volume of stimulus can be sustained at certain amounts.

Segmentation for better understanding of this market and its growth prospects

In the semiconductor materials industry, the electronics business is the largest end-user. For electronics, over 50% of semiconductor materials manufactured globally are used. Semiconductor chips are available on all electronic devices. The use of semiconductor materials includes the use of smartphone, tv, radio, cooking appliances and personal toiletries such as ribs, trimmers and so on. In the last few years, the contribution to the automotive industry of semiconductor materials has risen from 17% to almost 47%, indicating the growing use of vehicle electronic semiconductor materials.

The use of these materials also decreases with the increased use of automated systems. Driving Assistance Systems (ADAS), power management in electric vehicles (EVs), and other automation technologies such as dashboard camera, navigation, and smart keys, as well as image processing systems, are giving driving the use of semiconductor materials in automotive. In the aerospace industry, the increased use of automation systems has escalated the demand for semiconductor materials. Autopilot, auto ejection systems, cloud penetrating radars, target locking systems, and geographical surveillance systems use semiconductor materials.

Regional fragmentation to understand growth patterns-

In the Asia Pacific, the market for semiconductor materials is dominant. The rapid growth of economies like China, India, Japan and South Korea can be attributed to this. China is both India's largest manufacturer and the consumer of semiconductor materials. High growth is observed on the markets for semiconductor materials in North America and Europe. Nonetheless, in order to optimize manufacturing and logistics operations, many European companies have set up their production facilities in China and in other Asia-Pacific nations. The Middle East is a growing semi-manufacturing market that can experience high demand, especially in the United States and Saudi Arabia.

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Factors influencing the Growth of Semiconductor Materials Market:

o Automation in the automotive industry growing.

o Increased demand for fast product life cycles electronics devices.

o Environmental concerns increasing because of the increased level of radiation (SAR).

Highlights of Semiconductor Materials Market:

o Hitachi Chemical Co. (Japan) established a new manufacturing factory for Hitachi Chemical Electronic Material(Taiwan) Co. in April 2018 to produce advanced functional laminate material at the Hitachi site. Ltd, a division of Hitachi Chemical, Taiwan.

o Kyocera Corporation opened a new factory in its Japanese production site in Kagoshima Sendai in June 2018. In order to meet the strong demand and expand related businesses in the future, the organization is working for increasing the development of ceramic microelectronic products.

What Does This Report Provide?
This study gives a detailed overview, during the forecast period, of the global semiconductor industry from both qualitative and quantitative viewpoints. The study also provides competitive metrics with a potential impact on the industry during the forecast period and a thorough analysis of the market's leading semiconductor firms.

Companies Covered:
Key companies that form the basis of the study, including BASF SE, LG Chem Ltd, Hitachi Chemical Company Ltd, Henkel AG & Co which play important role in the world of semiconductor materials. KGaA, Sumitomo Chemical and Dow Chemical Co. Kyocera Alliance.

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Market Segmentation:

By Material:
o Silicon Carbide
o Gallium Manganese Arsenide
o Copper Indium Gallium Selenide
o Molybdenum Disulfide
o Bismuth Telluride

By Application:
o Process Chemicals
o Photomasks
o Electronic Gases
o Photoresistant Ancillaries
o Sputtering Targets
o Substrates
o Lead Frames
o Ceramic Packages
o Bonding Wire
o Encapsulation Resins
o Die Attach Materials

By End-use Industry:
o Automotive
o Electrical & Electronics
o Aerospace &Defense
o Packaging

By Region:

North America
o By Country (US, Canada, Mexico)
o By Material
o By Application
o By End-use Industry

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Material
o By Application
o By End-use Industry

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Material
o By Application
o By End-use Industry

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Material
o By Application
o By End-use Industry

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Material
o By Application
o By End-use Industry

Rest of the World
o By Region (South America, Africa)
o By Material
o By Application
o By End-use Industry

Reasons to Buy This Report:

Market size estimation of the global semiconductor materials market on a regional and global basis.

The unique research design for market size estimation and forecast.

Profiling of major companies operating in the semiconductor materials market with key developments.

Broad scope to cover all the possible segments helping every stakeholder in the market.

Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: +91 - 9850603687 / 7972869557
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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