In 2021, the global Semiconductor Ceramic Target market size was US$ 1790 million and it is expected to reach US$ 2931.3 million by the end of 2027, with a CAGR of 7.3% during 2022-2027.
Semiconductor Ceramic Target Market Overview
Sputtering is the process of forming a thin film when the object is attached to the target substrate by the sputtering and scattering, and the semiconductor ceramic target is the material for high-speed particle bombardment. The Company’s sputtering targets for semiconductors (“the Products”) have earned the top share in the industry. They are used mainly as fine interconnects materials in high-end logic and memory chips. With the advance of the data-driven society, demand continues to grow steadily. The Products are core to the advanced materials field, which is positioned as a focused business in the JX Nippon Mining & Metals Group Long-Term Vision 2040*2. The Company has been working for some time to increase production capacity.
The report also assesses the key opportunities in the Semiconductor Ceramic Target market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Semiconductor Ceramic Target Market has also been forecasted for the period 2022-2027. taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.
Who are the Major Players in the Semiconductor Ceramic Target Market?
The global Semiconductor Ceramic Target includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include JX Nippon Mining, Mitsui Mining & Smelting Co., Ltd. (Tokyo: 5706.T), Tosoh SMD, Samsung Corning Advanced Glass, Umicore SA (Brussels: UMI.BR), LT Metal, Vital Material, Ulvac, Inc., Advanced Nano Products Co., Ltd, Solar Applied Materials Technology and others.
Industry News and Updates:
- Increase in Production Capacity for Semiconductor Sputtering Targets ― A capacity rise of approximately 30% to meet demand growth
- December - JX Nippon Mining & Metals Corporation (President: Murayama Seiichi; “the Company”) will invest a total of 12 billion yen in equipment for manufacturing sputtering targets*1 of copper, copper alloys, titanium, tantalum, and other metals, used in forming the ultra-thin circuits (interconnects) inside semiconductor chips. The Company aims to raise production capacity by approximately 30 percent. The equipment is expected to go into operation in stages starting in the spring of 2022.
- Complete Switch to Electricity Derived from Renewable Sources at Caserones Copper Mine
- December, In previous year JX Nippon Mining & Metals Corporation (Head Office: Toranomon 2-Chome, Minato-ku, Tokyo; President: Murayama Seiichi; “the Company”) has concluded a contract with Enel Generación Chile S.A., a Chilean electricity company, for the supply of energy derived from renewable sources (hydropower, wind, solar, etc.) to the Caserones Copper Mine that the Company operates in the Republic of Chile. Supply will begin in January 2021. As a result of this contract, all electricity used at the Caserones Copper Mine will be derived from renewable sources, and CO2 emissions related to electricity usage will be reduced to zero. The JX Nippon Mining & Metals Group is taking various steps to reduce total CO2 emissions as part of its efforts to address climate change. This switch to renewable energy is one such initiative and will enable a sharp reduction in total CO2 emission volumes for the Group as a whole.
What are the major Applications, Types, and Regions for Semiconductor Ceramic Target Market?
Semiconductor Ceramic Target Market is segmented based on the type, applications, companies, and regions.
By Type
- Planar Target
- Rotary Target
- Others
The segment of planar target holds a comparatively larger share in the global market, which accounts for about 90%.
By end user’s industry application
- Flat Panel Display
- Solar Energy
- Others.
The flat panel display holds an important share in terms of applications and accounts for 85% of the market share.
Semiconductor Ceramic Target Market Regional Analysis
The report offers an in-depth assessment of the growth and other aspects of the Semiconductor Ceramic Target Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America. Asia Pacific is estimated to have a major share in the global market with 70%.
What is our Semiconductor Ceramic Target Market report scope?
The report incorporates in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis, and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers, and so on to comprehend the prevailing market dynamics at present and their impact during the forecast period 2022-2027. The report presents the analysis of the Semiconductor Ceramic Target Market for the historical period of 2017-2021 and the forecast period of 2022-2027.
Reports Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 7.3% during the review period (2022 to 2027).
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By Type
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- Planar Target
- Rotary Target
- Others
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By Application
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- Flat Panel Display
- Solar Energy
- Other.
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By Companies
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JX Nippon Mining, Mitsui Mining & Smelting Co., Ltd. (Tokyo :5706.T), Tosoh SMD, Samsung Corning Advanced Glass, Umicore SA (Brussels :UMI.BR), LT Metal, Vital Material, Ulvac, Inc., Advanced Nano Products Co., Ltd, Solar Applied Materials Technology
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Regions Covered
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• North America
• Europe
• Asia-Pacific
• Rest of the World
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Countries Covered
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• US
• Canada
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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120
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Semiconductor Ceramic Target Report
- Evaluate Semiconductor Ceramic Target market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end use applications and by different industries verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Semiconductor Ceramic Target market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The Semiconductor Ceramic Target Market is studied from 2017 - 2027.
Who are the key players in Semiconductor Ceramic Target Market?
JX Nippon Mining, Mitsui Mining & Smelting Co., Ltd. (Tokyo :5706.T), Tosoh SMD, Samsung Corning Advanced Glass, Umicore SA (Brussels :UMI.BR), LT Metal, Vital Material, Ulvac, Inc., Advanced Nano Products Co., Ltd, Solar Applied Materials Technology, Guangxi Crystal Union Photoelectric, Beijing Yeke Nano Tech Co., Ltd., Fujian Acetron New Materials Co., Ltd, Materion (Heraeus), Angstrom Sciences and others.
What are the significant types of Semiconductor Ceramic Target Market?
Planar Target, Rotary Target, Others
What are the major end-use applications of Semiconductor Ceramic Target Market?
Flat Panel Display, Solar Energy, Other.
What segments are covered in the Semiconductor Ceramic Target Market report?
The Global Semiconductor Ceramic Target Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Semiconductor Ceramic Target Market?
The sample report for the Semiconductor Ceramic Target Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
