Polysilicon Sputtering Target Market Trends and Forecast
The future of the global polysilicon sputtering target market looks promising with opportunities in the semiconductor and photoelectric markets. The global polysilicon sputtering target market is expected to grow with a CAGR of 4.6% from 2024 to 2030. The major drivers for this market are growing demand for thin-film solar cells and rising adoption of electronic devices & displays.
• Lucintel forecasts that 3N is expected to witness higher growth over the forecast period.
• Within this market, semiconductor is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Polysilicon Sputtering Target Market
• China: Leading polysilicon manufacturers like GCL-Poly Energy Holdings are expanding production capacities to meet growing demand for sputtering targets used in semiconductor manufacturing. Government initiatives support these expansions to enhance domestic semiconductor self-sufficiency.
• United States: Companies like Materion Corporation are focusing on R&D to develop advanced polysilicon sputtering targets with higher purity levels, targeting improved performance in the electronic applications. Government funding supports these innovations as part of broader semiconductor supply chain initiatives.
• Germany: Fraunhofer Institute and local firms are collaborating to develop next-generation polysilicon targets aimed at enhancing solar cell efficiency. Government-backed research grants incentivize these efforts, aligning with national renewable energy goals.
• Japan: Mitsubishi Materials Corporation has announced plans to scale up production of high-performance polysilicon sputtering targets for applications in thin-film solar panels. Government subsidies for renewable energy technologies are supporting these expansions.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Polysilicon Sputtering Target Market by Segment
The study includes a forecast for the global polysilicon sputtering target market by type, application, and region.
Polysilicon Sputtering Target Market by Type [Value from 2018 to 2030]:
• 3N
• 4N
Polysilicon Sputtering Target Market by Application [Value from 2018 to 2030]:
• Semiconductor
• Photoelectric
• Others
Polysilicon Sputtering Target Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Polysilicon Sputtering Target Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polysilicon sputtering target companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polysilicon sputtering target companies profiled in this report include-
• Kurt J. Lesker
• FUNCMATER
• Nanorh
• AbleTarget
• Plansee
• Vietnam High Purity Materials
• Rich Special Materials
Recent Development in the Polysilicon Sputtering Target Market
• Kurt J. Lesker Company: Known for innovative vacuum technology solutions, Kurt J. Lesker has recently expanded its production capacity for polysilicon sputtering targets, aiming to meet the growing demand from the semiconductor industry. The companyÄX%$%Xs advanced manufacturing processes ensure high purity and reliability in their targets.
• Praxair Surface Technologies: Praxair Surface Technologies has introduced a new line of polysilicon sputtering targets with enhanced thermal stability and deposition efficiency. Their targets are designed to optimize thin-film deposition processes in semiconductor manufacturing, contributing to improved device performance and yield.
• JX Nippon Mining & Metals Corporation: As a leading supplier in the materials industry, JX Nippon Mining & Metals Corporation continues to invest in research and development for next-generation polysilicon sputtering targets. Their focus is on enhancing material purity and uniformity to support advanced semiconductor fabrication techniques.
• ULVAC Technologies, Inc.: ULVAC Technologies specializes in vacuum technology and has recently introduced polysilicon sputtering targets tailored for high-volume production environments. Their targets feature superior uniformity and durability, addressing the stringent requirements of modern semiconductor manufacturing processes.
• Plansee SE: Plansee SE has expanded its product portfolio with polysilicon sputtering targets optimized for both the RF and DC sputtering applications. Their targets are noted for their exceptional mechanical properties and compatibility with advanced thin-film deposition systems, supporting efficient semiconductor device manufacturing.
Features of the Global Polysilicon Sputtering Target Market
Market Size Estimates: Polysilicon sputtering target market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Polysilicon sputtering target market size by type, application, and region in terms of value ($B).
Regional Analysis: Polysilicon sputtering target market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the polysilicon sputtering target market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polysilicon sputtering target market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for polysilicon sputtering target market?
Answer: The global polysilicon sputtering target market is expected to grow with a CAGR of 4.6% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the polysilicon sputtering target market?
Answer: The major drivers for this market are growing demand for thin-film solar cells and rising adoption of electronic devices & displays.
Q3. What are the major segments for polysilicon sputtering target market?
Answer: The future of the polysilicon sputtering target market looks promising with opportunities in the semiconductor and photoelectric markets.
Q4. Who are the key polysilicon sputtering target market companies?
Answer: Some of the key polysilicon sputtering target companies are as follows:
• Kurt J. Lesker
• FUNCMATER
• Nanorh
• AbleTarget
• Plansee
• Vietnam High Purity Materials
• Rich Special Materials
Q5. Which polysilicon sputtering target market segment will be the largest in future?
Answer: Lucintel forecasts that 3N is expected to witness higher growth over the forecast period.
Q6. In polysilicon sputtering target market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the polysilicon sputtering target market by type (3N and 4N), application (semiconductor, photoelectric, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Polysilicon Sputtering Target Market Market, Polysilicon Sputtering Target Market Market Size, Polysilicon Sputtering Target Market Market Growth, Polysilicon Sputtering Target Market Market Analysis, Polysilicon Sputtering Target Market Market Report, Polysilicon Sputtering Target Market Market Share, Polysilicon Sputtering Target Market Market Trends, Polysilicon Sputtering Target Market Market Forecast, Polysilicon Sputtering Target Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.