PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530878
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1530878
Semiconductor Materials Market Forecasts to 2030 - Global Analysis By Product Type, Material, Application and By Geography
According to Stratistics MRC, the Global Semiconductor Materials Market is accounted for $66.52 billion in 2024 and is expected to reach $97.61 billion by 2030 growing at a CAGR of 6.6% during the forecast period. Semiconductor materials are crucial elements in modern electronics due to their unique electrical properties. These materials have a conductivity between that of conductors (like metals) and insulators (like glass). The conductivity of semiconductors can be controlled and modified by introducing impurities or by applying electrical fields or light, making them highly versatile for various electronic applications. Intrinsic semiconductors, such as silicon and germanium, have a limited conductivity at room temperature but can conduct better at higher temperatures or with added energy.
According to Ericsson, 5G mobile subscription, which grew from 273.96 million in 2020 to 664.18 million in 2021, is expected to reach 4,389.77 million globally by 2027, driving the demand for semiconductor chips and semiconductor materials in the process.
Market Dynamics:
Driver:
Rising demand for consumer electronics
The increasing demand for consumer electronics is significantly bolstering the semiconductor materials. As consumer preferences shift towards smarter and more interconnected devices, the need for advanced semiconductors continues to surge. These semiconductors form the backbone of modern electronic devices, powering everything from smartphones and laptops to smart home appliances and automotive electronics. This rising demand is driving innovation and investment in semiconductor materials, pushing manufacturers to develop more efficient, smaller and powerful chips.
Restraint:
High cost of production
The fabrication of semiconductor materials involves intricate technologies and precise processes, demanding sophisticated equipment and highly skilled labor. These factors contribute substantially to operational expenses. The research and development required to innovate and stay competitive in the market incur substantial costs, including investments in new materials, design methodologies and manufacturing techniques. However, environmental and regulatory compliance further add to expenses as semiconductor manufacturers must adhere to stringent standards.
Opportunity:
Growth in data centers and cloud computing services
The rapid expansion of data centers and the increasing demand for cloud computing services have substantially boosted the semiconductor materials. Data centers require vast arrays of high-performance processors, memory chips, and storage devices to handle massive amounts of data processing and storage. These facilities rely on advanced semiconductor materials like silicon, gallium arsenide, and indium phosphide, which offer superior performance in terms of speed, efficiency, and reliability. Cloud computing services, which deliver computing power and data storage over the internet, have further fueled the demand for semiconductor materials.
Threat:
Intellectual property issues
Intellectual property (IP) issues pose significant challenges to the semiconductor materials industry, impeding innovation and progress. These issues arise primarily from the complex web of patents and copyrights that cover various aspects of semiconductor design, fabrication processes, and materials compositions. Companies in this sector invest heavily in research and development to create cutting-edge technologies and materials, often securing patents to protect their innovations. However, the proliferation of patents can lead to disputes and legal battles over infringement, licensing agreements, and market exclusivity.
Covid-19 Impact:
The Covid-19 pandemic significantly affected the semiconductor materials industry. Initially, lockdown measures disrupted manufacturing processes and supply chains, leading to shortages of critical materials and components essential for semiconductor production. Travel restrictions and social distancing requirements further hampered operations, delaying production timelines and exacerbating supply constraints. However, shifts in consumer behavior during the pandemic, such as increased demand for electronics and digital devices for remote work and learning, intensified pressure on semiconductor manufacturers to ramp up production.
The Molybdenum Disulfide segment is expected to be the largest during the forecast period
Molybdenum Disulfide segment is expected to be the largest during the forecast period. As a two-dimensional material, MoS2 exhibits a direct bandgap in the monolayer form, which allows for efficient light emission and absorption, crucial for optoelectronic applications. Its high carrier mobility and excellent thermal stability make it suitable for transistors and other semiconductor devices, offering performance advantages over traditional silicon-based technologies. MoS2's atomically thin structure also enables flexibility, transparency, and integration into flexible and transparent electronic devices.
The Aerospace & Defense segment is expected to have the highest CAGR during the forecast period
Aerospace & Defense segment is expected to have the highest CAGR during the forecast period. By prioritizing semiconductor innovation, this industry aims to achieve breakthroughs in various domains such as satellite communications, radar systems, and unmanned aerial vehicles (UAVs). These advancements are crucial for enhancing the performance, reliability, and efficiency of electronic components used in aerospace and defense applications. Semiconductor materials play a pivotal role in enabling higher processing speeds, improved power efficiency, and miniaturization, all of which are essential for developing next-generation defense technologies.
Region with largest share:
North America region commanded the largest share of the market over the extrapolated period. IoT devices, ranging from smart appliances to industrial sensors, demand advanced semiconductor technologies for efficient data processing and connectivity across the region. This surge in IoT adoption is driving the regional development of specialized semiconductor materials that offer higher performance, energy efficiency and integration capabilities. Furthermore, AI's rapid evolution is fueling demand for more powerful processors and memory solutions across the region. North American semiconductor manufacturers are at the forefront of developing AI-specific hardware, leveraging cutting-edge materials to enhance computational capabilities and optimize power consumption.
Region with highest CAGR:
Europe region is projected to hold profitable growth during the forecast period. Government policies aim to stimulate research and development, encourage innovation, and strengthen local manufacturing capabilities across the region. Subsidies often support semiconductor companies in upgrading technologies, improving efficiency, and reducing environmental impact throughout the region. Additionally, investment in semiconductor education and training programs ensures a skilled workforce, crucial for sustaining growth in this high-tech industry. Government initiatives prioritize sustainable practices, promoting the regional development of eco-friendly semiconductor materials and processes.
Key players in the market
Some of the key players in Semiconductor Materials market include Cabot Microelectronics Corporation, Dupont, FormFactor, Inc, Hemlock Semiconductor, Honeywell International Inc, JSR Corporation, KLA Corporation, SUMCO Corporation, Texas Instruments Incorporated and Ultrapure Technology, Inc.
Key Developments:
In June 2024, G-7 leaders announced plans for a semiconductor supply chain coordination group. The group will help G-7 leaders focus on subsea cable connectivity for Internet security and resilience, amid global chip shortage challenges.
In February 2024, Researchers from the Indian Institute of Technology Guwahati, Department of Electronics and Electrical Engineering and Centre for Nanotechnology, in collaboration with IIT Mandi and Institute of Sensor and Actuator Systems, Technical University Wien, developed a cost-effective method to grow a special semiconductor.
Product Types Covered:
- Packaging Materials
- Fab Materials
Materials Covered:
- Gallium Manganese Arsenide
- Molybdenum Disulfide
- Copper Indium Gallium Selenide
- Silicon Carbide
- Other Materials
Applications Covered:
- Automotive
- Aerospace & Defense
- Consumer Goods
- Consumer Electronics
- Telecommunications
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Semiconductor Materials Market, By Product Type
- 5.1 Introduction
- 5.2 Packaging Materials
- 5.3 Fab Materials
6 Global Semiconductor Materials Market, By Material
- 6.1 Introduction
- 6.2 Gallium Manganese Arsenide
- 6.3 Molybdenum Disulfide
- 6.4 Copper Indium Gallium Selenide
- 6.5 Silicon Carbide
- 6.6 Other Materials
7 Global Semiconductor Materials Market, By Application
- 7.1 Introduction
- 7.2 Automotive
- 7.3 Aerospace & Defense
- 7.4 Consumer Goods
- 7.5 Consumer Electronics
- 7.6 Telecommunications
- 7.7 Other Applications
8 Global Semiconductor Materials Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Cabot Microelectronics Corporation
- 10.2 Dupont
- 10.3 FormFactor, Inc
- 10.4 Hemlock Semiconductor
- 10.5 Honeywell International Inc
- 10.6 JSR Corporation
- 10.7 KLA Corporation
- 10.8 SUMCO Corporation
- 10.9 Texas Instruments Incorporated
- 10.10 Ultrapure Technology, Inc
List of Tables
- Table 1 Global Semiconductor Materials Market Outlook, By Region (2022-2030) ($MN)
- Table 2 Global Semiconductor Materials Market Outlook, By Product Type (2022-2030) ($MN)
- Table 3 Global Semiconductor Materials Market Outlook, By Packaging Materials (2022-2030) ($MN)
- Table 4 Global Semiconductor Materials Market Outlook, By Fab Materials (2022-2030) ($MN)
- Table 5 Global Semiconductor Materials Market Outlook, By Material (2022-2030) ($MN)
- Table 6 Global Semiconductor Materials Market Outlook, By Gallium Manganese Arsenide (2022-2030) ($MN)
- Table 7 Global Semiconductor Materials Market Outlook, By Molybdenum Disulfide (2022-2030) ($MN)
- Table 8 Global Semiconductor Materials Market Outlook, By Copper Indium Gallium Selenide (2022-2030) ($MN)
- Table 9 Global Semiconductor Materials Market Outlook, By Silicon Carbide (2022-2030) ($MN)
- Table 10 Global Semiconductor Materials Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 11 Global Semiconductor Materials Market Outlook, By Application (2022-2030) ($MN)
- Table 12 Global Semiconductor Materials Market Outlook, By Automotive (2022-2030) ($MN)
- Table 13 Global Semiconductor Materials Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
- Table 14 Global Semiconductor Materials Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 15 Global Semiconductor Materials Market Outlook, By Consumer Electronics (2022-2030) ($MN)
- Table 16 Global Semiconductor Materials Market Outlook, By Telecommunications (2022-2030) ($MN)
- Table 17 Global Semiconductor Materials Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 18 North America Semiconductor Materials Market Outlook, By Country (2022-2030) ($MN)
- Table 19 North America Semiconductor Materials Market Outlook, By Product Type (2022-2030) ($MN)
- Table 20 North America Semiconductor Materials Market Outlook, By Packaging Materials (2022-2030) ($MN)
- Table 21 North America Semiconductor Materials Market Outlook, By Fab Materials (2022-2030) ($MN)
- Table 22 North America Semiconductor Materials Market Outlook, By Material (2022-2030) ($MN)
- Table 23 North America Semiconductor Materials Market Outlook, By Gallium Manganese Arsenide (2022-2030) ($MN)
- Table 24 North America Semiconductor Materials Market Outlook, By Molybdenum Disulfide (2022-2030) ($MN)
- Table 25 North America Semiconductor Materials Market Outlook, By Copper Indium Gallium Selenide (2022-2030) ($MN)
- Table 26 North America Semiconductor Materials Market Outlook, By Silicon Carbide (2022-2030) ($MN)
- Table 27 North America Semiconductor Materials Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 28 North America Semiconductor Materials Market Outlook, By Application (2022-2030) ($MN)
- Table 29 North America Semiconductor Materials Market Outlook, By Automotive (2022-2030) ($MN)
- Table 30 North America Semiconductor Materials Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
- Table 31 North America Semiconductor Materials Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 32 North America Semiconductor Materials Market Outlook, By Consumer Electronics (2022-2030) ($MN)
- Table 33 North America Semiconductor Materials Market Outlook, By Telecommunications (2022-2030) ($MN)
- Table 34 North America Semiconductor Materials Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 35 Europe Semiconductor Materials Market Outlook, By Country (2022-2030) ($MN)
- Table 36 Europe Semiconductor Materials Market Outlook, By Product Type (2022-2030) ($MN)
- Table 37 Europe Semiconductor Materials Market Outlook, By Packaging Materials (2022-2030) ($MN)
- Table 38 Europe Semiconductor Materials Market Outlook, By Fab Materials (2022-2030) ($MN)
- Table 39 Europe Semiconductor Materials Market Outlook, By Material (2022-2030) ($MN)
- Table 40 Europe Semiconductor Materials Market Outlook, By Gallium Manganese Arsenide (2022-2030) ($MN)
- Table 41 Europe Semiconductor Materials Market Outlook, By Molybdenum Disulfide (2022-2030) ($MN)
- Table 42 Europe Semiconductor Materials Market Outlook, By Copper Indium Gallium Selenide (2022-2030) ($MN)
- Table 43 Europe Semiconductor Materials Market Outlook, By Silicon Carbide (2022-2030) ($MN)
- Table 44 Europe Semiconductor Materials Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 45 Europe Semiconductor Materials Market Outlook, By Application (2022-2030) ($MN)
- Table 46 Europe Semiconductor Materials Market Outlook, By Automotive (2022-2030) ($MN)
- Table 47 Europe Semiconductor Materials Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
- Table 48 Europe Semiconductor Materials Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 49 Europe Semiconductor Materials Market Outlook, By Consumer Electronics (2022-2030) ($MN)
- Table 50 Europe Semiconductor Materials Market Outlook, By Telecommunications (2022-2030) ($MN)
- Table 51 Europe Semiconductor Materials Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 52 Asia Pacific Semiconductor Materials Market Outlook, By Country (2022-2030) ($MN)
- Table 53 Asia Pacific Semiconductor Materials Market Outlook, By Product Type (2022-2030) ($MN)
- Table 54 Asia Pacific Semiconductor Materials Market Outlook, By Packaging Materials (2022-2030) ($MN)
- Table 55 Asia Pacific Semiconductor Materials Market Outlook, By Fab Materials (2022-2030) ($MN)
- Table 56 Asia Pacific Semiconductor Materials Market Outlook, By Material (2022-2030) ($MN)
- Table 57 Asia Pacific Semiconductor Materials Market Outlook, By Gallium Manganese Arsenide (2022-2030) ($MN)
- Table 58 Asia Pacific Semiconductor Materials Market Outlook, By Molybdenum Disulfide (2022-2030) ($MN)
- Table 59 Asia Pacific Semiconductor Materials Market Outlook, By Copper Indium Gallium Selenide (2022-2030) ($MN)
- Table 60 Asia Pacific Semiconductor Materials Market Outlook, By Silicon Carbide (2022-2030) ($MN)
- Table 61 Asia Pacific Semiconductor Materials Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 62 Asia Pacific Semiconductor Materials Market Outlook, By Application (2022-2030) ($MN)
- Table 63 Asia Pacific Semiconductor Materials Market Outlook, By Automotive (2022-2030) ($MN)
- Table 64 Asia Pacific Semiconductor Materials Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
- Table 65 Asia Pacific Semiconductor Materials Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 66 Asia Pacific Semiconductor Materials Market Outlook, By Consumer Electronics (2022-2030) ($MN)
- Table 67 Asia Pacific Semiconductor Materials Market Outlook, By Telecommunications (2022-2030) ($MN)
- Table 68 Asia Pacific Semiconductor Materials Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 69 South America Semiconductor Materials Market Outlook, By Country (2022-2030) ($MN)
- Table 70 South America Semiconductor Materials Market Outlook, By Product Type (2022-2030) ($MN)
- Table 71 South America Semiconductor Materials Market Outlook, By Packaging Materials (2022-2030) ($MN)
- Table 72 South America Semiconductor Materials Market Outlook, By Fab Materials (2022-2030) ($MN)
- Table 73 South America Semiconductor Materials Market Outlook, By Material (2022-2030) ($MN)
- Table 74 South America Semiconductor Materials Market Outlook, By Gallium Manganese Arsenide (2022-2030) ($MN)
- Table 75 South America Semiconductor Materials Market Outlook, By Molybdenum Disulfide (2022-2030) ($MN)
- Table 76 South America Semiconductor Materials Market Outlook, By Copper Indium Gallium Selenide (2022-2030) ($MN)
- Table 77 South America Semiconductor Materials Market Outlook, By Silicon Carbide (2022-2030) ($MN)
- Table 78 South America Semiconductor Materials Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 79 South America Semiconductor Materials Market Outlook, By Application (2022-2030) ($MN)
- Table 80 South America Semiconductor Materials Market Outlook, By Automotive (2022-2030) ($MN)
- Table 81 South America Semiconductor Materials Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
- Table 82 South America Semiconductor Materials Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 83 South America Semiconductor Materials Market Outlook, By Consumer Electronics (2022-2030) ($MN)
- Table 84 South America Semiconductor Materials Market Outlook, By Telecommunications (2022-2030) ($MN)
- Table 85 South America Semiconductor Materials Market Outlook, By Other Applications (2022-2030) ($MN)
- Table 86 Middle East & Africa Semiconductor Materials Market Outlook, By Country (2022-2030) ($MN)
- Table 87 Middle East & Africa Semiconductor Materials Market Outlook, By Product Type (2022-2030) ($MN)
- Table 88 Middle East & Africa Semiconductor Materials Market Outlook, By Packaging Materials (2022-2030) ($MN)
- Table 89 Middle East & Africa Semiconductor Materials Market Outlook, By Fab Materials (2022-2030) ($MN)
- Table 90 Middle East & Africa Semiconductor Materials Market Outlook, By Material (2022-2030) ($MN)
- Table 91 Middle East & Africa Semiconductor Materials Market Outlook, By Gallium Manganese Arsenide (2022-2030) ($MN)
- Table 92 Middle East & Africa Semiconductor Materials Market Outlook, By Molybdenum Disulfide (2022-2030) ($MN)
- Table 93 Middle East & Africa Semiconductor Materials Market Outlook, By Copper Indium Gallium Selenide (2022-2030) ($MN)
- Table 94 Middle East & Africa Semiconductor Materials Market Outlook, By Silicon Carbide (2022-2030) ($MN)
- Table 95 Middle East & Africa Semiconductor Materials Market Outlook, By Other Materials (2022-2030) ($MN)
- Table 96 Middle East & Africa Semiconductor Materials Market Outlook, By Application (2022-2030) ($MN)
- Table 97 Middle East & Africa Semiconductor Materials Market Outlook, By Automotive (2022-2030) ($MN)
- Table 98 Middle East & Africa Semiconductor Materials Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
- Table 99 Middle East & Africa Semiconductor Materials Market Outlook, By Consumer Goods (2022-2030) ($MN)
- Table 100 Middle East & Africa Semiconductor Materials Market Outlook, By Consumer Electronics (2022-2030) ($MN)
- Table 101 Middle East & Africa Semiconductor Materials Market Outlook, By Telecommunications (2022-2030) ($MN)
- Table 102 Middle East & Africa Semiconductor Materials Market Outlook, By Other Applications (2022-2030) ($MN)
