Europe Semiconductor Materials Market by Application (Fabrication, Process Chemicals, Photomasks, Electronic Gases, Photoresists Ancillaries, Sputtering Targets, and Silicon), By Packaging (Substrates, Lead Frames, Ceramic Packages, Bonding Wire, Encapsulation Resins (Liquid), and Die Attach Materials), By End-user Industry (Consumer Electronics, Telecommunication, Manufacturing, Automotive, and E
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: ICT | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationEurope Semiconductor Materials Market by Application (Fabrication, Process Chemicals, Photomasks, Electronic Gases, Photoresists Ancillaries, Sputtering Targets, and Silicon), By Packaging (Substrates, Lead Frames, Ceramic Packages, Bonding Wire, Encapsulation Resins (Liquid), and Die Attach Materials), By End-user Industry (Consumer Electronics, Telecommunication, Manufacturing, Automotive, and E
New Material and Fabrication Discoveries Fueling the Market Growth
Thе demand for sеmiconductor materials is also anticipated to incrеasе as thе sеmiconductor industry's miniaturization trend gains traction. This is because manufacturing advanced node ICs, hеtеrogеnеous integration, and 3D memory architеcturеs, require morе processing steps, which leads to a rise in thе consumption of wafеr fabrication and packaging materials. For instance, a firm located in thе UK called Pragmatic Sеmiconductor Ltd. revealed in December 2022 that it had collеctеd USD 35 million from invеstors to crеatе a novel mеthod for manufacturing chips. Thе businеss owns a chip fabrication plant (also known as a fab) where flеxiblе procеssors are producеd. A flеxiblе procеssor callеd PlasticArm that usеs mеtal-oxidе transistors integrated on a plastic substratе, was also presented by Pragmatic and Arm Ltd., thе previous year.
Additionally, STMicroelectronics and French semiconductor material supplier Soitec announced in December 2022 over the following 18 months, they had reached the next stage of their collaboration on Silicon Carbide (SiC) substrates, with STMicroelectronics planning to qualify the SiC substrate technology from Soitec. The goal of this collaboration was for STMicroelectronics to utilize Soitec's SmartSiC technology for their upcoming 200mm substrate manufacturing, supporting the company's business for manufacturing devices and modules. More and more chips that enhance the power management of electric cars are currently being produced using the material SiC. The market for semiconductor materials in Europe is anticipated to increase rapidly over the course of the projected period because of rising investments in the latest technologies.
Additionally, the search for novel semiconductors that fit the requirements for photovoltaic devices, has been prompted by the desire for low-cost, highly effective solar cells. Economic, ecological, chemical, and electrical qualities must be taken into consideration for large-scale applications. These include plentiful resources, ease of manufacture, particularly with thin-film technologies, long-term stability, and non-toxicity. All these criteria are satisfied by the transition metal dichalcogenides (TMDC) MoS2 and WS2, which have attracted a lot of interest recently.
Moreover, the ongoing development of logic devices is currently driven by PPAC (Power Performance Area Cost) scaling and 3D integration issues, but significant advancements in the fabrication of wide bandgap materials are still required for the improvement of transport properties or for the improved thermal management of future power devices.
Rising Demand of Consumer Electronics
Consumer electronics represent one of the most significant end-user industries for the market. As such, the rising demand for consumer electronics, partly driven by the increasing adoption of the Internet of Things (IoT), unlocks new growth opportunities for the market. The internet of things (IoT) is a network of actual physical things and gadgets, such as thermostats, refrigerators, and other things, that can be managed remotely. The use of the Internet of Things (IoT) is continuously increasing due to the expansion of high-speed connections, rising cloud usage, and growing applications of data processing and analytics. The Centre for the Promotion of Imports from Developing Countries (CBI) also estimates that European Internet of Things’ spending reached USD 197.41 billion in 2021 and register double-digit growth through 2025. The increasing use of the Internet of Things is fueling demand for linked consumer electronics products. Since, people are adopting IoT in Consumer Electronics, the demand of semiconductor is increasing, due to which the requirement of semiconductor materials is growing rapidly in the forecast period.
Rising Implementation of 5G Networks Also Supports Market Growth
The rising implementation of 5G networks also supports demand growth. For instance, the GSMA reports that approximately a third of operators in Europe have already launched 5G networks, and the majority of nations in Europe have already implemented commercial 5G services. Furthermore, the UK and Germany are predicted to have the highest 5G adoption rates in Europe by 2025, at 61% and 59%, respectively. High-tech businesses developing linked and smart products, as well as the semiconductor fabs making the chips used in the devices that allow 5G, have a tonne of opportunity because of 5G technology. Smartphone manufacturers who develop 5G-capable handsets are greatly profiting from the faster implementation of 5G wireless networks. It is anticipated that the deployment of 5G would make edge technologies, automation, and connection for the Internet of Things (IoT) possible. For new products that use this smart standard, manufacturing facilities will need to create higher-performing wafers with even more memory and storage space, owing to which the demand for semiconductor materials is expanding in the forecast period.
The development of 5G end products is heavily reliant on high-performance power semiconductors and compound semiconductors like gallium nitride (GaN), silicon carbide (SiC), and gallium arsenide (GaAs). With the introduction of 4G, RF power amplifiers based on GaAs, GaN, and SiC technologies started to set the standard for fulfilling the demands of reduced power consumption, shorter dimensions, and improved performance in terms of thermal management. GaN's improved power performance is expected to propel the market growth.
Recent Development
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Market Segmentation
The
Market Players
Major market players in the Europe Semiconductor Materials Market
| Attribute | Details |
| Base Year | 2022 |
| Historic Data | 2018 – 2022 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million, and CAGR for 2018-2022 and 2024-2028. |
| Report coverage | Revenue forecast, company share, growth factors, and trends |
| Segments covered | Application Packaging End-user |
| Country scope | Germany, United Kingdom, France, Italy, Spain, Netherlands, Belgium, Switzerland, Sweden, Finland, Poland, and Rest of Europe |
| Key companies profiled | Solvay SA, Messer SE & Co. KGaA, Air Liquide SA, Compugraphics (MacDermid Alpha Electronics Solutions), International Quantum Epitaxy PLC (IQE PLC), STMicroelectronics (ST). |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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