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    Electride Sputtering Target Market Report

    Electride Sputtering Target Market Report
    Report code - SR1311 Delivery - 2 Weeks
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    Electride Sputtering Target Market Trends, Dynamics & Market Insights
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    Market Insights

    The Electride Sputtering Target Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of xx% during the forecast period.

    Figure: Electride Sputtering Target Market Size, 2020-2026 (USD Million)

    Electride-Sputtering-Targets-Market-Forecast

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    What are electride sputtering targets?

    Electride sputtering targets are materials that are used for the vapor deposition technique to get thin film on the substrate material. Substrate materials object to be coated and they can be anything ranging from solar cells, optical components to semiconductor wafers. Around 85% of the electric power delivered to a sputter target is transferred to heat.

    Key Players

    Key players operating in the electride sputtering target market are-

    • ULVAC Technologies (US)
    • AGC Ceramics Company (Singapore)
    • Mitsubishi Materials Corporation (Japan)
    • TANAKA (Japan)
    • Thintech Materials Technology (Taiwan)
    • Kuroda Electric (US)
    • Kojundo Chemical Laboratory (Japan)
    • Sanwa (Japan)
    • Plansee (Austria)
    • Toshiba Materials (Japan).

    Market Dynamics

    Rising demand for thin-film manufacturing technologies in the semiconductor industry and digital electronics is a key factor driving the demand for electride sputtering targets. In addition to this, electride sputtering target finds immense growth opportunities in life sciences and optoelectronics during the review period. However, electride sputtering target materials with limited sources is likely to hamper the market growth in the coming years.

    Segments' Analysis

    Application Trends

    Based on application, the electride sputtering target market is categorized as an integrated circuit, information storage, LCD screen, and laser memory. The integrated circuit segment held a significant market share in 2020 and is estimated to register a healthy CAGR during the forecast timeline. Microelectronics applications have been the key technological driver; upward of a third of integrated circuit fabrication steps are associated with the use of plasmas, thereby bolstering the segment growth.

    Regional Trends

    By region, the Asia Pacific market accounted for a significant share in 2020 and is expected to grow at the highest CAGR in the following years. This is mainly ascribed to the strong presence of consumer electronics and semiconductor companies in South Korea, China, Taiwan, and Japan. Also, increasing product adoption in an integrated circuit, information storage, and laser memory applications, further proliferates the regional market growth.

    COVID-19 Impact on Electride Sputtering Target Market

    The COVID-19 outbreak has moderately affected the electride sputtering target industry. This is mainly due to soaring coronavirus cases, implementation of stringent lockdown measures, and limited movement of people to curb the spread of the virus. Owing to the worsening pandemic situation, the market dynamics have changed to a great extent. The nations’ lockdown and other government restrictions are affecting the economies over the globe.

    Critical Questions Answered in the Report

    • What are the key trends in the electride sputtering target market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of COVID-19 on the electride sputtering target market?
    • What are the key strategies adopted by the major vendors to lead in the electride sputtering target market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the electride sputtering market hopes to have the greatest opportunity to convert-

    • Electride sputtering target vendors
    • Electride sputtering target retailers
    • Semiconductor companies
    • Consumer electronic companies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.

    Frequently Asked Questions (FAQs)

    ULVAC Technologies (US), AGC Ceramics Company (Singapore), Mitsubishi Materials Corpora-tion (Japan), TANAKA (Japan), Thintech Materials Technology (Taiwan), Kuroda Electric (US), Kojundo Chemical Laboratory (Japan), Sanwa (Japan), Plansee (Austria), and Toshiba Materials (Japan) are among the key players in the electride sputtering target market.

    Rising demand for thin-film manufacturing technologies in the semiconductor industry and digital electronics is the key factors driving the growth of electride sputtering target market.

    The integrated circuit segment is expected to register a healthy CAGR in the electride sputtering market in the coming years.

    Asia-pacific is expected to grow at the highest CAGR in the electride sputtering target market during the next five years.

    Electride sputtering target vendors, Electride sputtering target retailers, Semiconductor companies, Consumer electronic companies are the target audience in the electride sputtering target market.