'Global Markets, Technologies and Materials for Thin and
Ultrathin Films' is a detailed report that looks at thin and
ultrathin films worldwide. It studies things like the markets for
these films, the technology used to make them, and the materials
they're made of. The report talks about trends, challenges, and
opportunities in the industry, which can help businesses,
researchers, and investors understand what's happening in this
field.
BOSTON, May 10, 2024
/PRNewswire/ -- "According to the latest research study, the demand
for Global Markets, Technologies and Materials for Thin and
Ultrathin Films expected to grow from $20.6 billion in 2023 and will reach $38.8 billion by the end of 2028 at a compound
annual growth rate (CAGR) of 13.5% from 2023 through 2028"
This report gives an overview of the global market for thin and
ultrathin films. It looks at trends in the market and talks about
the different ways these films are made. It also talks about the
materials used and where they're used. The report gives estimates
for how the market will grow from 2023 to 2028, breaking it down by
things like how the films are made, what they're used for, and
where they're used around the world. It also looks at new
technologies and the big companies involved.
Some Interesting Facts
- The semiconductor industry made up over half of the global
market for thin and ultrathin films in 2022, and it's expected to
keep growing at about 13% each year until 2028. Semiconductors were
one of the first to use thin films a lot. Making computer chips
involves a process called wafer fabrication, which relies on thin
film deposition.
- MOCVD and ALD, two types of chemical vapor deposition, are
getting more popular. They're used in things like solar panels,
display screens, and electronics.
- By 2028, metals and dielectric materials will likely make up
more than 70% of the market. These materials are crucial for making
computer chips, connecting different parts, and keeping them
separate, and preventing electrical problems.
Explore more insights and details about the complexities in
Global Markets, Technologies, and Materials for Thin and Ultrathin
Films by clicking here.
Global markets, technologies and materials for thin and
ultrathin films are driven by factors such as:
- Growing Global Fabrication Equipment Spending: means
that more money is being spent around the world on machines and
tools used to make things like semiconductors, metal products, or
electronics. This increase in spending shows that factories are
either getting bigger or updating their equipment to make things
more efficiently in different industries worldwide.
- Rising Demand for Compound Semiconductor Materials: More
and more people want compound semiconductor materials, which are
made by mixing different things together to make semiconductors.
These materials are popular because they're used in things like
phones, computers, and solar panels. The fact that more people want
them shows that there's a growing interest in fancy electronic
stuff that needs these special materials.
- Increasing Application of Epitaxial Layer Boosts the
Demand for Thin-Film Deposition: When more people start
using very thin layers of material, called epitaxial layers, in
their electronic gadgets, there's a bigger need for a process
called thin-film deposition. Thin-film deposition is how those thin
layers are put onto surfaces. So, as these thin layers become more
popular, more people need the machines that can apply them.
Request a Sample Copy of the Global Markets,
Technologies and Materials for Thin and Ultrathin Films
Report
Synopsis
Report
Metrics
|
Details
|
Base year
considered
|
2022
|
Forecast Period
considered
|
2023-2028
|
Base year market
size
|
$18.3
billion
|
Market Size
Forecast
|
$38.8
billion
|
Growth Rate
|
CAGR of 13.5% from 2023
to 2028
|
Segment
Covered
|
By Material, Deposition
Technology, Application, and Region
|
Regions
covered
|
North America, Europe,
Asia-Pacific and Rest of the World (i.e., South America, Middle
East, Africa)
|
Countries
covered
|
U.S., Canada, Mexico,
Germany, U.K., France, Mainland China, Taiwan, South Korea, and
Japan
|
Key Market
Drivers
|
- Growing Global
Fabrication Equipment Spending
- Rising Demand for
Compound Semiconductor Materials
- Increasing
Application of Epitaxial Layer Boosts the Demand for Thin-Film
Deposition
|
Segmentation Analysis
By Deposition Technology
- Physical Processes: Physical Processes include Evaporation,
where the material turns into a gas and sticks to the surface, and
Sputtering, where tiny particles are sprayed onto the surface.
- Chemical Processes: include Plating-type Deposition, where the
material is layered onto the surface like plating, Chemical Vapor
Deposition, where the material is deposited as a gas and then
solidifies, and Liquid Phase Deposition, where the material is
dissolved in a liquid and then deposited onto the surface.
By Application
In the Semiconductor field, they're used for Logic, which is
like the brain of electronic devices, Memory, which stores
information, and Others, which includes various other functions in
electronics. In Energy, they're used for different energy-related
purposes. In Life Sciences, they're used for applications in
biology and medicine. In Optical Coatings, they're used to enhance
the performance of optical devices. And again, Others refers to
various other uses in different industries.
By Material
By Material refers to what these tiny parts are made of. Metals
are materials like copper or aluminium. Dielectric materials are
insulators like plastic or glass. Compounds are combinations of
different elements, like silicon dioxide. And Others includes
various other types of materials used in making these parts.
By Region
In North America, that's places
like the U.S., Canada, and
Mexico. In Europe, it includes countries like
Germany, the U.K., France, and others in the region. In
Asia-Pacific, it covers places
like China, Japan, South
Korea, Taiwan, and other
countries in that area. And finally, the Rest of the World category
includes regions like South
America and the Middle East
and Africa.
This report on global markets, technologies and materials for
thin and ultrathin films provide comprehensive insights and
analysis, addressing the following key questions:
- What is the projected market size and growth rate of the global
markets for thin and ultrathin films?
The global market for thin and ultrathin films was valued at
$18.3 billion in 2022 and will reach
$39.1 billion by 2028, growing at a
CAGR of 13.7% from 2023 to 2028.
- What are the key factors driving the growth of the global
markets for technologies and materials for thin films?
The key factors driving the growth of the global market for thin
and ultrathin films include growing fabrication equipment spending
worldwide, rising demand for compound semiconductor materials such
as Gallium Nitride (GaN) and Silicon Carbide (SiC), and increasing
application of epitaxial layer boosting the demand for thin film
deposition.
- By application, which segment will dominate the market by the
end of 2028?
By the end of 2028, the semiconductor segment will continue to
dominate the global market for thin and ultrathin films owing to
the rising adoption of thin film deposition technology across the
semiconductor industry. Thin film deposition is used across wafer
manufacturing, which is a pivotal aspect of the production chain,
with a significant portion of the total equipment investment
directed towards this domain. Also, the surge is fueled by the
escalating manufacturing complexity in NAND, DRAM, and
foundry/logic devices, coupled with robust demand for
semiconductors in areas such as cloud computing, artificial
intelligence, 5G networks, and the Internet of Things.
- Which region has the highest market share in the global
markets, technologies, and materials for thin and ultrathin
films?
Asia-Pacific holds the highest
market share in the global markets, technologies, and materials for
thin and ultrathin films. Asian countries, particularly countries
like China, Japan, Taiwan, and South
Korea, is a global manufacturing hub. The region's strong
focus on semiconductor manufacturing has driven the adoption of
thin and ultrathin film deposition systems to enhance semiconductor
wafer manufacturing. Moreover, demand is higher owing to the
presence of many key players from the thin and ultrathin film
deposition marketplace.
- Who are the key companies/players in the global markets,
technologies, and materials for thin and ultrathin films?
The key companies/players in the market include LAM Research Corp.,
Applied Materials, Inc., Tokyo Electron Limited, ASM International
N.V., ULVAC, Inc., AIXTRON SE, and Advanced Micro-Fabrication
Equipment Inc. among others.
Some of the Key Market Players Are:
- ADVANCED MICRO-FABRICATION EQUIPMENT INC. CHINA
- APPLIED MATERIALS INC.
- DAIDO STEEL CO. LTD.
- LAM RESEARCH CORP.
- NIPPON SANSO HOLDINGS CORP.
- SINGULUS TECHNOLOGIES AG
- ULVAC INC
- AIXTRON
- ASM INTERNATIONAL N.V.
- KLA CORP.
- MATERION CORP.
- OC OERLIKON MANAGEMENT AG
- TOKYO ELECTRON LTD.
- VEECO INSTRUMENTS INC.
Browse for more Related Reports:
Semiconductor Chips: Applications and Impact of Shortage:
Semiconductor chips are like the brains of electronic gadgets,
found in things like phones, computers, cars, and even appliances.
Lately, there's not enough of these chips because more people want
electronic stuff, and things like delivery problems are making it
hard to get them. This shortage is causing delays in making
products and making it tough for companies that need these chips to
make their stuff.
Microelectromechanical Systems (MEMS) Technology: Current and
Future Markets: MEMS Technology is about tiny gadgets blending
mechanical and electrical parts. They're in sensors, actuators, and
even microphones. When we talk about the market for MEMS, we're
checking how much people like these gadgets now and how much
they'll grow in different areas. We're figuring out how big the
market is, what's cool right now, what issues we might have, and
what chances we have in the future with MEMS tech.
Directly Purchase a copy of the report with BCC
Research.
For further information or to make a purchase, please get in
touch with info@bccresearch.com.
About BCC Research
BCC Research provides objective, unbiased measurement and
assessment of market opportunities with detailed market research
reports. Our experienced industry analysts' goal is to help you
make informed business decisions, free of noise and hype.
Contact Us
Corporate HQ: 50 Milk St. Ste 16,
Boston, MA 02109, USA
Email: info@bccresearch.com,
Phone: +1 781-489-7301
For media inquiries, email press@bccresearch.com or visit our
media page for access to our market research library.
Data and analysis extracted from this press release must be
accompanied by a statement identifying BCC Research LLC as the
source and publisher.
Logo:
https://mma.prnewswire.com/media/2183242/BCC_Research_Logo.jpg
View original
content:https://www.prnewswire.com/news-releases/thin-films-big-impact-navigating-a-13-5-cagr-landscape-bcc-research-302142192.html
SOURCE BCC Research LLC