Semiconductor Materials Market: Top Leading Countries, Share, Size, and Growth Development Status
- raveenaimarc
- Aug 16, 2021
- 3 min read
According to the latest report by IMARC Group, titled “Semiconductor Materials Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global semiconductor materials market size exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global semiconductor materials market to grow at a CAGR of around 4% during 2021-2026. Semiconductor materials are a class of crystalline solids that have an electrical conductivity range between that of an insulator and a conductor. Although these materials do not exhibit either electric conductivity or insulation at room temperature, they can conduct electricity when subjected to light, heat, or voltage after the doping phase. Moreover, semiconductor materials are reliable, cost-effective, power-efficient, and compact, owing to which they are widely employed in the manufacturing of several electronic components, including integrated circuits, transistors, microprocessors, and diodes.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.
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Global Semiconductor Materials Market Trends:
Widespread digitalization and the utilization of smart technologies and automation in various applications ranging from industrial to residential sectors represent the key factors driving the global semiconductor materials market. In recent years, rapid technological innovations in the electronics industry have increased the use of semiconductor materials in the manufacturing of processors and sensors. Since these components are installed in appliances such as air conditioners, televisions, rice cookers, washing machines, refrigerators and smart lighting, their rising demand acts as a growth-inducing factor for the market. Also, based on the semiconductor material market research, the automobile industry is experiencing a high demand for car-mounted sensor systems for providing enhanced driving experiences to consumers, such as the Advanced Driver Assistance Systems (ADAS). Moreover, with increasing urbanization, and rising internet penetration, there has been a consequent upswing in the adoption of the internet of things (IoT)-enabled smart devices. This, in turn, has led to a rise in the usage of semiconductor-based components.
Explore full report with table of contents: https://www.imarcgroup.com/semiconductor-materials-market
Key Market Segmentation:
Some of the major players operating in the industry include:
BASF SE, LG Chem Ltd.
Indium Corporation
Hitachi Chemical Co. Ltd
Kyocera Corporation
Henkel AG & Company KGAA
Sumitomo Chemical Co. Ltd.
DuPont de Nemours, Inc.
International Quantum Epitaxy (IQE) PLC
Nichia Corporation
Intel Corporation and United Test and Assembly Center (UTAC) Holdings Ltd.
Market Breakup by Material:
Silicon Carbide
Gallium Manganese Arsenide
Copper Indium Gallium Selenide
Molybdenum Disulfide
Bismuth Telluride
Market Breakup by Application:
Fabrication
Silicon Wafers
Electronic gases
Photomasks
Photoresist ancillaries
CMP Materials
Photoresists
Wet chemicals
Others
Packaging
Leadframes
Organic Substrates
Ceramic Packages
Encapsulation Resins
Bonding Wires
Die-Attach Materials
Others
Market Breakup by End Use Industry:
Consumer Electronics
Manufacturing
Automotive
Energy and Utility
Others
Market Breakup by Region:
North America
Europe
Asia Pacific
Middle East and Africa
Latin America.
Key Highlights of the Report:
Market Performance (2015-2020)
Market Outlook (2021- 2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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