Global Diamond Materials for Semiconductor Market 2017-2021
About Diamond Materials for Semiconductor
Semiconductors are crystalline or amorphous solids having conductivity between conductors and insulators, and making it a good medium for the control of electric current. Semiconductor materials are important materials in the fabrication of electronics devices. The semiconductor materials are often doped with impurities for modulating their electrical properties. Diamond materials are gaining traction among semiconductor manufacturers because of their high thermal conductivity, and electron and hole mobility in comparison with other semiconductor materials.
Technavio’s analysts forecast the global diamond materials for semiconductor market to grow at a CAGR of 19.26% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global diamond materials for semiconductor market for 2017-2021. To calculate the market size, the report considers the market share of the diamond materials with which the revenue is calculated.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Diamond Materials for Semiconductor Market 2017-2021
Technavio recognizes the following companies as the key players in the global diamond materials for semiconductor market: AKHAN Semiconductor, Advanced Diamond Technologies, Element Six, IIa Technologies, Morgan Technical Ceramics, and Sumitomo Electric.
Other Prominent Vendors in the market are: Diamond Materials, Evince Technology, Microwave Enterprises, NeoCoat, and Scio Diamond Technology.
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing number of IoT devices. According to networking equivalent, Metcalfe's Law, formulated by Robert Metcalfe, the value of a telecommunications network is proportional to the square of the number of devices connected to it. Technavio predicts that the number of IoT devices will encompass more than 25 billion connected devices by 2021. The installed base of cross-industry IoT devices, such as air conditioning (HVAC) systems, building management systems, connected light bulbs, mobile computing devices reached 1.01 billion in 2016. Thus, IoT is driving the demand for connected devices, which have significantly increased bandwidth requirements.”
According to the report, one of the major drivers for this market is increasing implementation of next-generation telecommunication network. With the emergence of new mobile telecommunication standards, such as 4G and 5G, consumers are opting for higher bandwidth applications and services. This is leading to the development of 4G and 5G compatible computing devices.
Further, the report states that one of the major factors hindering the growth of this market is high production cost of synthetic diamonds. The use of diamond materials for semiconductor applications is still in the R&D phase. The high cost of equipment required for the development of synthetic diamonds together with the lack of applications is restricting new players to enter the market. The growing large amounts of CVD diamonds require multiple reactors that incur a huge cost for the vendors. The diamond material providers do not have large fabrication facilities to produce synthetic diamonds. All these factors make the cost of the diamond materials very high compared with the other semiconductor materials such as Si, SiC, GaAs, and GaN. The high cost of diamond wafers is restricting the semiconductor manufacturers to use diamond materials for the development of power semiconductor devices.
AKHAN Semiconductor, Advanced Diamond Technologies, Element Six, IIa Technologies, Morgan Technical Ceramics, Sumitomo Electric, Diamond Materials, Evince Technology, Microwave Enterprises, NeoCoat, and Scio Diamond Technology.