New inventions that are exploring the combination of other elements, including carbon, tin, lead, silicon, and others semiconductor material, may hinder the potential growth of the silicon germanium material market. Moreover, increasing competition from Asian players is impacting the prices of the devices related to silicon germanium material.
Silicon Germanium Material Market Trends: Innovation and New Product Development
Market players are investing in R&D to develop better combinations of silicon germanium materials. The market has witnessed developments in silicon germanium material for improving the performance of the devices in which these materials find application.
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Silicon Germanium Material Market: Regional Outlook
Korea, Taiwan, and Japan are the leading countries in the silicon germanium material market. The large contribution of these countries in the global silicon germanium material market has made Asia Pacific a leading region. High growth is expected in the region during the forecast period. Increasing population and rising disposable income of the populations in China, India, and other emerging Asia Pacific countries are expected to boost the demand for consumer electronics and other products where silicon germanium material is used. North America is followed Asia Pacific, in terms of the demand for silicon germanium material, in terms of both, value and volume.
The total demand in Europe for silicon germanium material is less than that of North America. Moreover, lower growth is projected in the European region as compared to Asia Pacific. Latin America and the Middle East & Africa contribute a small share in the global silicon germanium material market. However, high growth in the demand for silicon germanium material is expected from the Middle East &Africa region. Emerging economies and ample growth opportunities are attributed for the growth of the market in this region.
Global Silicon Germanium Material Market: Market Participants
Some of the market participants identified across the value chain of the global silicon germanium material market are:
- IBM Corporation
- AIXTRON
- Applied Materials
- Atmel Corporation
- Analog Devices
- Hitachi Ltd.
- IHP Microelectronics GmbH
- GLOBALFOUNDRIES
- Infineon Technologies
- IQE PLC
- MACOM
- Tower Semiconductor Ltd
- Riber
- STMicroelectronics N.V
- NXP Semiconductors NV
- Skyworks Solutions, Inc.
- Texas Instruments Inc.
- Toshiba Corporation
- Taiwan Semiconductor Manufacturing Company, Ltd.
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Global Silicon Germanium Material Market Segmentation
On the basis of application, the global silicon germanium material market can be segmented as:
- Mobile Phones
- Laptops
- CATVs
- Network Devices
- Sensor Devices
- Medical Instruments
- Other Devices (Laser Devices, Lighting Devices)
On the basis of end-use industry, the global silicon germanium material market can be segmented as:
- Consumer Electronics
- Aerospace & Defense
- Automotive Industry
- Communication Industry
- Medical & Healthcare
- Others (Instrumentation Industry)
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