Report overview
Epitaxial growth is used today for siliconbased devices as well as in the III-V compound semiconductor industry. This demand is expected to increase and strongly driven by microLEDs, power devices and laser diode applications.
In terms of semiconductor substrate, GaN material represents the major epitaxy market after silicon substrates, mostly driven by the traditional LED GaN-devices.
On the other hand, wide band gap materials like SiC substrates have found opportunities in the power electronics market. Despite the high market price of SiC, such substrates are a strong asset for high-voltage applications, and thus are considered as a technology choice for some MOSFET and diode products.
The Global Epitaxial Growth Equipment for SiC and GaN market comprises a wide range of products suitable for use within the Global domestic market. In order to quantify and analyse the market, our definition of the market includes the following key product sectors:
This report specifically excludes labour and measures the product values at manufacturers selling prices. value-added tax, import duties and transportation fees are excluded as well as labour other delivery charges. Whilst we have made every effort to exclude commercial applications, there may be some light commercial applications included within the overall market sizes quoted.
Where volume figures are illustrated for the overall market, these are provided as number of sales. The geographical coverage for this report is the Global and includes domestically manufactured and imported products.
This report contains market size and forecasts of Epitaxial Growth Equipment for SiC and GaN in global, including the following market information:
Global Epitaxial Growth Equipment for SiC and GaN Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Epitaxial Growth Equipment for SiC and GaN Market Sales, 2018-2023, 2023-2030, (Units)
Global top five Epitaxial Growth Equipment for SiC and GaN companies in 2022 (%)
The global Epitaxial Growth Equipment for SiC and GaN market was valued at 893.5 million in 2022 and is projected to reach US$ 1279.5 million by 2030, at a CAGR of 5.3% during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
CVD Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Epitaxial Growth Equipment for SiC and GaN include NuFlare Technology Inc., Tokyo Electron Limited, NAURA, VEECO, Taiyo Nippon Sanso, Aixtron, Advanced Micro-Fabrication Equipment Inc. China (AMEC?, Applied Material and ASM International. etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Epitaxial Growth Equipment for SiC and GaN manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Epitaxial Growth Equipment for SiC and GaN Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Epitaxial Growth Equipment for SiC and GaN Market Segment Percentages, by Type, 2022 (%)
CVD
MOCVD
Others
Global Epitaxial Growth Equipment for SiC and GaN Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Epitaxial Growth Equipment for SiC and GaN Market Segment Percentages, by Application, 2022 (%)
SiC Epitaxy
GaN Epitaxy
Global Epitaxial Growth Equipment for SiC and GaN Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (Units)
Global Epitaxial Growth Equipment for SiC and GaN Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Epitaxial Growth Equipment for SiC and GaN revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Epitaxial Growth Equipment for SiC and GaN revenues share in global market, 2022 (%)
Key companies Epitaxial Growth Equipment for SiC and GaN sales in global market, 2018-2023 (Estimated), (Units)
Key companies Epitaxial Growth Equipment for SiC and GaN sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NuFlare Technology Inc.
Tokyo Electron Limited
NAURA
VEECO
Taiyo Nippon Sanso
Aixtron
Advanced Micro-Fabrication Equipment Inc. China (AMEC?
Applied Material
ASM International
