Press release
Semiconductor Glass Market Forecast 2025-2034: Analysing Major Trends, Opportunities, and Growth Drivers
Semiconductor Glass
The rising demand for consumer electronics is anticipated to fuel the semiconductor glass market. Advancements in consumer electronics, such as the need for high-resolution and high-performance displays, are driving demand for semiconductor glass, which is used to enhance display quality and support advanced functions in electronic devices. According to USwitch, the UK saw a 3.8% increase in mobile connections in 2022, contributing to the growing demand for semiconductor glass.
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What is the projected compound annual growth rate (CAGR) of the semiconductor glass market from 2025 to 2034, and what factors influence it?
The semiconductor glass market has grown steadily in recent years. It is expected to grow from $6.06 billion in 2024 to $6.37 billion in 2025, with a CAGR of 5.1%. The market growth is driven by the increasing use of photomasks, the rising adoption of flat-panel displays, expansion of data centers, greater integration of electronics in vehicles, and a focus on sustainability and energy efficiency.
The semiconductor glass market is expected to grow to $7.68 billion by 2029 at a CAGR of 4.8%. The growth is due to the demand for wearable health monitors, renewable energy technologies, high-performance electronics, and healthcare sector expansion. Trends include semiconductor demand growth, glass technology advancements, miniaturization, sustainability initiatives, and advanced coatings.
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How are the latest trends influencing the growth of the semiconductor glass market?
Companies in the semiconductor glass market are developing ultra-low-flatness glass to improve precision and performance in semiconductor manufacturing. For example, in September 2023, Intel introduced a new ultra-low-flatness glass substrate designed for advanced chip packaging. This glass offers enhanced thermal and mechanical stability, allowing for higher interconnect density in semiconductor packages, making it ideal for demanding applications like AI.
What are the major segments of the semiconductor glass market and their role in driving growth?
The semiconductor glass market covered in this report is segmented -
1) By Type: Borosilicate Based, Silicon Based, Ceramic Based, Silica Or Quartz Based, Other Types
2) By Application: Solar Battery, Light Emitting Device, Electronic Switch, Other Applications
3) By End Use: Electronics, Automotive, Medical, Aerospace And Defense, Solar
Subsegments:
1) By Borosilicate Based: Low Expansion Borosilicate Glass, High-Temperature Borosilicate Glass, Borosilicate Glass For Photomasks, Borosilicate Glass For Wafer Carriers
2) By Silicon Based: Silicon Wafer Glass, Silicon Dioxide (SiO2) Glass, Silicon Nitride (Si3N4) Glass, Silicon-On-Insulator (SOI) Substrates
3) By Ceramic Based: Alumina (Al2O3) Glass, Zirconia (ZrO2) Glass, Magnesium Aluminate (MgAl2O4) Glass, Ceramics For Semiconductor Packaging
4) By Silica Or Quartz Based: Fused Silica Glass, Quartz Glass For Photomasks, Optical Quartz Glass, Silica Wafer Carriers
5) By Other Types: Glass Substrates For MEMS (Microelectromechanical Systems), Sapphire Glass, Special Coated Glass, Glass For LED And Photovoltaic Applications
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Which region dominates the semiconductor glass market?
Asia-Pacific was the largest region in the semiconductor glass market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the semiconductor glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the semiconductor glass market?
Major companies operating in the semiconductor glass market are LG Electronics Inc., Compagnie de Saint-Gobain, Heraeus Holding GmbH, Shin-Etsu Chemical Co. Ltd., AGC Inc., Corning Incorporated, TCL Technology Group Corporation, Tosoh Corporation, Hoya Corporation, SCHOTT AG, Nippon Electric Glass Co. Ltd., Rubicon Technology Inc., Edmund Optics Inc., OHARA Inc., GT Advanced Technologies Inc., Silitech Technology Corporation, Plan Optik AG, Dynasil Corporation of America, JOLED Inc., Visionox Technology Inc.
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What Is Covered In The Semiconductor Glass Global Market Report?
•Market Size Forecast: Examine the semiconductor glass market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the semiconductor glass market for a structured understanding.
•Key Players Overview: Analyze major players in the semiconductor glass market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the semiconductor glass market.
•Segment Contributions: Evaluate how different segments drive overall growth in the semiconductor glass market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the semiconductor glass market.
•Industry Challenges: Identify potential risks and obstacles affecting the semiconductor glass market.
•Competitive Landscape: Review strategic developments in the semiconductor glass market, including expansions, agreements, and new product launches.
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