Market Overview:
The global aluminum nitride sputtering targets market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for aluminum nitride sputtering targets from the auto industry, electronic industry, and coating industry. In addition, the growing demand for aluminum nitride sputtering targets in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. However, fluctuations in prices of raw materials used in manufacturing aluminum nitride sputtering targets may restrain the growth of this market during the forecast period.
Product Definition:
Aluminum nitride sputtering targets are used to deposit aluminum nitride thin films. These targets are important because they allow researchers to study the properties of aluminum nitride thin films and how they might be used in electronic devices and other applications.
High Purity:
High purity aluminum nitride has a composition of Al2O3-Nb2O5-Al O3, which is also known as anatase. The material is produced using high temperature and pressure in the presence of fluorine gas to obtain pure form. It finds application in sputtering targets for semiconductors and flat panel displays owing to its low density, high thermal conductivity & heat capacity along with excellent mechanical properties such as strength and hardness.
Low Purity:
Low purity aluminum is a type of aluminum with low content of the elements such as magnesium and silicon. The element composition in low-purity aluminum is usually between 0.25% to 1%. Low-purity materials are used for sputtering targets mainly because they have lower melting points which results in faster target lifecycle, reduced sintering time, and cost savings.
Application Insights:
The application segment includes the automotive industry, electronic, coating and others. In 2017, the automotive industry accounted for over 50% of the global aluminum nitride sputtering targets market share. The growing demand for lightweight material to reduce vehicle weight is expected to drive product demand in this segment over the forecast period.
Electronic application is projected to witness significant growth during the forecast period owing to increasing use of aluminum nitride products in electronics sector such as mobile phones and laptops which are manufactured using silicon wafer as a substrate. Silicon wafer based electronic devices require substrates that are smooth and hard wearing with low thermal conductivity properties so that heat dissipation can be improved significantly leading to increased product consumption in this sector over next eight years or so.
Regional Analysis:
Asia Pacific aluminum nitride sputtering targets market is expected to grow at the highest CAGR of XX% from 2018 to 2030 owing to increasing demand for automobiles and electronics in China, India, Japan and South Korea. The region is also home to several automotive manufacturers such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation and Nissan Motors Ltd. which are actively involved in R&D activities for developing fuel-efficient vehicles that emit low carbon dioxide levels thereby positively influencing the industry growth over the forecast period.
Europe was estimated as a volume-based market with a share of 24.1% in 2017 on account of rising demand from European countries such as Germany, France Italy.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for aluminum nitride sputtering targets due to its superior properties such as high thermal conductivity, low electrical resistivity and good chemical stability.
- Growing demand for transparent aluminum nitride films in optical applications such as displays, touch screens and sensors.
- Rising adoption of aluminum nitride thin films in energy-efficient lighting applications such as LED lights and OLEDs.
- Increasing use of aluminum nitride sputtering targets in medical devices and implants due to its biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Nitride Sputtering Targets Market Research Report
By Type
High Purity, Low Purity
By Application
Auto Industry, Electronic, Coating, Others
By Companies
SabiNano (Pty) Ltd, SCI Engineered Materials, Vacuum Engineering & Materials, Nanografi Nano Technology, Kurt J. Lesker Company, American Element, Maideli Advanced Material Co, Grinm Semiconductor Materials, SabiNano (Pty) Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
183
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Nitride Sputtering Targets Market Report Segments:
The global Aluminum Nitride Sputtering Targets market is segmented on the basis of:
Types
High Purity, Low Purity
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Auto Industry, Electronic, Coating, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SabiNano (Pty) Ltd
- SCI Engineered Materials
- Vacuum Engineering & Materials
- Nanografi Nano Technology
- Kurt J. Lesker Company
- American Element
- Maideli Advanced Material Co
- Grinm Semiconductor Materials
- SabiNano (Pty) Ltd
Highlights of The Aluminum Nitride Sputtering Targets Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Purity
- Low Purity
- By Application:
- Auto Industry
- Electronic
- Coating
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Nitride Sputtering Targets Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aluminum nitride sputtering targets are made of aluminum nitride and are used for depositing thin films of aluminum on a substrate. The target is heated until the metal liquefies, which causes it to spray out in all directions. This process forms a film on the substrate that is very thin and uniform.
Some of the key players operating in the aluminum nitride sputtering targets market are SabiNano (Pty) Ltd, SCI Engineered Materials, Vacuum Engineering & Materials, Nanografi Nano Technology, Kurt J. Lesker Company, American Element, Maideli Advanced Material Co, Grinm Semiconductor Materials, SabiNano (Pty) Ltd.
The aluminum nitride sputtering targets market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Nitride Sputtering Targets Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Nitride Sputtering Targets Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Nitride Sputtering Targets Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Nitride Sputtering Targets Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Nitride Sputtering Targets Market Size & Forecast, 2020-2028
4.5.1 Aluminum Nitride Sputtering Targets Market Size and Y-o-Y Growth
4.5.2 Aluminum Nitride Sputtering Targets Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 High Purity
5.2.2 Low Purity
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Auto Industry
6.2.2 Electronic
6.2.3 Coating
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Nitride Sputtering Targets Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Nitride Sputtering Targets Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 High Purity
9.6.2 Low Purity
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Auto Industry
9.10.2 Electronic
9.10.3 Coating
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 High Purity
10.6.2 Low Purity
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Auto Industry
10.10.2 Electronic
10.10.3 Coating
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 High Purity
11.6.2 Low Purity
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Auto Industry
11.10.2 Electronic
11.10.3 Coating
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 High Purity
12.6.2 Low Purity
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Auto Industry
12.10.2 Electronic
12.10.3 Coating
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 High Purity
13.6.2 Low Purity
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Auto Industry
13.10.2 Electronic
13.10.3 Coating
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Nitride Sputtering Targets Market: Competitive Dashboard
14.2 Global Aluminum Nitride Sputtering Targets Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SabiNano (Pty) Ltd
14.3.2 SCI Engineered Materials
14.3.3 Vacuum Engineering & Materials
14.3.4 Nanografi Nano Technology
14.3.5 Kurt J. Lesker Company
14.3.6 American Element
14.3.7 Maideli Advanced Material Co
14.3.8 Grinm Semiconductor Materials
14.3.9 SabiNano (Pty) Ltd
