Semiconductor Crystal Market Trends and Forecast
The future of the global semiconductor crystal market looks promising with opportunities in the foundry and IDMs markets. The global semiconductor crystal market is expected to grow with a CAGR of 6.8% from 2024 to 2030. The major drivers for this market are increasing demand for consumer electronics and smart devices, growth in automotive electronics and electric vehicles, and rising investments in semiconductor manufacturing and innovation.
• Lucintel forecasts that natural is expected to witness higher growth over the forecast period.
• Within this market, foundry is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook for the Semiconductor Crystal Market
• United States: Companies like Applied Materials are focusing on enhancing crystal growth technologies for semiconductor applications.
• China: Chinese semiconductor firms, such as SMIC (Semiconductor Manufacturing International Corporation), are investing in crystal growth technologies to achieve self-sufficiency.
• Japan: Shin-Etsu Chemical has announced targets to increase production of high-purity silicon crystals for semiconductor manufacturing.
• South Korea: Samsung Electronics is expanding its semiconductor crystal production capacity to cater to rising global demand.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Semiconductor Crystal Market by Segment
The study includes a forecast for the global semiconductor crystal market by type, application, and region.
Semiconductor Crystal Market by Type [Value from 2018 to 2030]:
• Natural
• Artificial
Semiconductor Crystal Market by Application [Value from 2018 to 2030]:
• Foundry
• IDMs
Semiconductor Crystal Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Semiconductor Crystal 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 semiconductor crystal companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the semiconductor crystal companies profiled in this report include-
• Element Six
• Iia Technologies
• Akhan Semiconductor
• Sumitomo Electric
• Morgan Technical Ceramics
• Diamond Materials
• Scio Diamond Technology
Recent Development in the Semiconductor Crystal Market
• Intel’s Expansion in Arizona (2023): Intel announced a $20 billion investment to expand its semiconductor manufacturing capabilities in Arizona. This includes the construction of two new fabrication plants to produce advanced semiconductor crystals, enhancing their supply chain resilience and technological leadership in the global market.
• SamsungÄX%$%Xs New Facility in Texas (2023): Samsung Electronics unveiled plans for a new $17 billion semiconductor manufacturing facility in Taylor, Texas. The plant will focus on producing high-quality semiconductor crystals, aiming to meet the growing demand for advanced chips in various applications, including AI and 5G.
• TSMC’s Investment in Japan (2023): Taiwan Semiconductor Manufacturing Company (TSMC) announced a strategic partnership with Sony to build a semiconductor fabrication plant in Japan. This facility, worth approximately $7 billion, will focus on producing semiconductor crystals for image sensors and other cutting-edge technologies.
• GlobalWafersÄX%$%X Acquisition of Siltronic (2023): GlobalWafers completed its acquisition of Siltronic AG for $4.5 billion, aiming to strengthen its position in the semiconductor crystal market. This merger is expected to enhance the companyÄX%$%Xs production capabilities and market share in the global semiconductor industry.
• SK Siltron’s Expansion in Michigan (2023): SK Siltron announced a $300 million investment to expand its manufacturing facility in Michigan, USA. This expansion is set to increase the production capacity of silicon carbide (SiC) wafers, essential for power semiconductors used in electric vehicles and renewable energy applications.
Features of the Global Semiconductor Crystal Market
Market Size Estimates: Semiconductor crystal market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Semiconductor crystal market size by type, application, and region in terms of value ($B).
Regional Analysis: Semiconductor crystal 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 semiconductor crystal market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the semiconductor crystal market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for semiconductor crystal market?
Answer: The global semiconductor crystal market is expected to grow with a CAGR of 6.8% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the semiconductor crystal market?
Answer: The major drivers for this market are increasing demand for consumer electronics and smart devices, growth in automotive electronics and electric vehicles, and rising investments in semiconductor manufacturing and innovation.
Q3. What are the major segments for semiconductor crystal market?
Answer: The future of the semiconductor crystal market looks promising with opportunities in the foundry and IDMs markets.
Q4. Who are the key semiconductor crystal market companies?
Answer: Some of the key semiconductor crystal companies are as follows:
• Element Six
• Iia Technologies
• Akhan Semiconductor
• Sumitomo Electric
• Morgan Technical Ceramics
• Diamond Materials
• Scio Diamond Technology
Q5. Which semiconductor crystal market segment will be the largest in future?
Answer: Lucintel forecasts that natural is expected to witness higher growth over the forecast period.
Q6. In semiconductor crystal 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 semiconductor crystal market by type (natural and artificial), application (foundry and IDMs), 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 Semiconductor Crystal Market Market, Semiconductor Crystal Market Market Size, Semiconductor Crystal Market Market Growth, Semiconductor Crystal Market Market Analysis, Semiconductor Crystal Market Market Report, Semiconductor Crystal Market Market Share, Semiconductor Crystal Market Market Trends, Semiconductor Crystal Market Market Forecast, Semiconductor Crystal Market Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.