As per the new market report published by Factor & Equilibrium (www.factorandequilibrium.com) “Diamond Semiconductor Substrates Market – Global Industry Insights Market Size, Estimation and Growth Forecast, By Type (Single Crystal Diamond & Polycrystalline Diamond), By Growth Method (MWCVD, HPHT & Heteroepitaxial), By End User (Aerospace & Space, Military & Defense, Research (Academic, Industry funded and Industrial) and Others, & By Regions, 2017 – 2025” is expected to reach USD 42.1 Million by 2025 in terms of revenue. In 2016, the market was valued USD 15.8 Million in terms of revenue. In terms of volume, diamond semiconductor substrates market size was 15,612 Units in 2016 and expected to reach 52,592 Units by 2025.
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Diamond semiconductor substrates are expected to witness strong growth during the forecast owing to its thermal management properties which results in improved efficiency and longevity. These are the primary factors driving the demand for diamond semiconductor substrates industry during the forecast period. By types, the diamond semiconductor substrates can be bifurcated into single crystal diamonds and polycrystalline diamonds. The market can be further segmented by growth methods into microwave enhanced chemical vapor deposition (MWCVD), high pressure high tension (HPHT) method and heteroepitaxial method. The market caters to several end use industries such as aerospace and space, military and defense, research and other end use areas.
The increasing demand for use of diamond substrates in electronic devices operating in harsh environment is expected to fuel the growth of the market.
By types, the diamond semiconductor substrates market has been segmented into single crystal diamond and polycrystalline diamond. The falling price of single crystal diamond and the ability to withstand high temperatures is driving the growth for single crystal diamond and it is expected to cross more than USD 10 million by 2025.
In terms of both revenue and volume, single crystal diamond was the largest type in diamond semiconductor substrates market in 2016
By growth method, the diamond semiconductor substrates market has been segmented into MWCVD, HPHT and Heteroepitaxial growth method. The MWCVD growth method has been anticipated to have the highest market during the forecast period. The demand for the growth method is attributed to the stability and its potential for scaling. The method is also the fastest growing segment in the industry and contributing significant share in diamond semiconductor substrates market size. The heteroepitaxial method is also expected to witness promising growth in future as it is expected to have a well-controlled reproducible manufacturing process in the coming years. The MWCVD method is expected to exceed 20,000 units by 2025.
In terms of both revenue and volume, MWCVD diamond was the largest by growth method in diamond semiconductor substrates market in 2016
The diamond semiconductor substrates market caters to several end use industries such as aerospace and space, military and defense, research and other end use areas. Research is a vast area hence; the segment has been further sub-divided into academic, industry funded and industrial research. Since, the diamond semiconductor substrates are yet to be commercialized; hence the research area has been analyzed to be the largest end user with over 40% market share in 2025.
In terms of both revenue and volume, research was the largest by end use in diamond semiconductor substrates market in 2016
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The global diamond semiconductor substrates market has been segment into five key geographical regions: North America, Europe, Asia Pacific, Middle East & Africa and Latin America. North America and Europe have been analyzed to have the largest market share with over 60% of the market during the forecast period. The dominance of the regions has been attributed to the research initiatives over the use of diamond in semiconductor industry in countries such as the U.S., the U.K. and Russia. However, the Asia Pacific has been identified to be the fastest growing region during the forecast period. China is investing heavily towards the development of synthetic diamonds to be used in semiconductor devices which is aiding to the strong growth of the market.
North America occupied the largest revenue and volume share of the market
Leading Player Mapping
The leading operating in the diamond semiconductor substrates industry include Element Six (South Africa), IIa Technologies Pte. Ltd. (Singapore), NeoCoat SA (Switzerland), Blue Wave Semiconductors (U.S.), Cornes Technologies Ltd. (Japan), SP3 Diamond Tech (U.S.), PLASSYS Bestek (France), Carat Systems (U.S.), Microwave Enterprises (U.S.) and Advanced Diamond Technologies, Inc. (U.S.).
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The market has been segmented as follows:
Diamond Semiconductor Substrates Market: By Types
- Single Crystal Diamond
- Polycrystalline Diamond
Diamond Semiconductor Substrates Market: By Growth Method
- Microwave Enhanced Chemical Vapor Deposition (MWCVD) Growth Method
- High Pressure High Tension Growth Method
- Heteroepitaxial Growth Method
Diamond Semiconductor Substrates Market: By End Use
- Aerospace & Space
- Military & Defense
- Research (Academic, Industry Funded and Industrial)
Diamond Semiconductor Substrates Market: By Geography
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, CIS + Scandinavia and Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific)
- Middle East & Africa (Israel, South Africa and Rest of Middle East & Africa)
- Latin America (Brazil, Mexico and Rest of Latin America)
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