Market Overview:
The global diffusion furnace market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductor and optoelectronic devices, solar energy, and other applications. The horizontal tube reactor segment is expected to dominate the market during the forecast period owing to its high efficiency and low cost. Asia Pacific is expected to be the fastest-growing region during the forecast period owing to the growing demand for semiconductor and optoelectronic devices in countries such as China and Japan.
Product Definition:
A diffusion furnace is a type of furnace used to produce single crystal semiconductor materials. The importance of diffusion furnaces is that they are used to produce the highest quality semiconductor materials.
Horizontal Tube Reactor:
Horizontal Tube Reactor (HTR) is a type of nuclear reactor used to generate electricity. The heat generated by the reaction is passed through water or gas to produce steam which drives a conventional turbine.
The global HORIZONTAL TUBE REACTOR market size was valued at USD 8, with over 9 million units installed globally in 2015 and it is expected to grow at an estimated CAGR of XX% from 2016 to 2024.
Vertical Tube Reactor:
Vertical tube reactor is a type of nuclear reaction that takes place in a vertical arrangement of tubes. The reactants are introduced at the bottom end and the products emerge at the top end. It is also known as: CVN, continuous vacuum thermal power plant, or fluidized bed reactor (FBR).
The advantages include high thermal efficiency, low waste production & handling cost and fast start up.
Application Insights:
The market is segmented on the basis of application into semiconductors, optoelectronics, solar and others. The other applications include energy, automotive and aerospace components. The semiconductor segment dominated the global demand in 2017 owing to increasing demand for chips from various end-use industries such as telecommunication & ITU sectors.
The growth of the optoelectronic devices industry is attributed to technological advancements in display technologies such as LED/LCD that have revolutionized consumer electronics over recent years. Other factors contributing to market growth are high efficiency products with low operating costs which make them highly competitive against conventional counterparts across all regions globally.
Regional Analysis:
Asia Pacific region dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major manufacturers, availability of cheap labor, and growing demand from end-use industries are some factors driving regional growth. China accounted for a share of more than 30% in Asia Pacific due to large scale production activities undertaken by domestic manufacturers such as MSC Industrial Co., Ltd., SEGWAY INC., Sinopec Group, etc.
Europe was the second largest regional market in 2017 owing to high demand from solar energy sector for diffusion furnaces used for manufacturing semiconductors on a large scale. North America is also expected to witness significant growth over the forecast period owing to increasing adoption rate of advanced technologies across various application sectors including optoelectronics & photovoltaics among others which will drive product demand further.
Growth Factors:
- Increasing demand for diffusion furnace in semiconductor and solar cell industries for manufacturing of advanced devices.
- Growing popularity of diffusion furnace in the medical device industry for sterilization and heat treatment applications.
- Rising demand from the automotive industry for diffusion furnaces to manufacture lightweight components and improve fuel efficiency.
- Increasing use of diffusion furnaces in research institutes and universities for R&D activities in various fields such as nanotechnology, MEMS, etc.
Scope Of The Report
Report Attributes
Report Details
Report Title
Diffusion Furnace Market Research Report
By Type
Horizontal Tube Reactor, Vertical Tube Reactor
By Application
Semiconductor, Optoelectronic Devices, Solar, Other
By Companies
Thermco Systems, Centrotherm, Koyo Thermo Systems Co., Ltd, ASM International, Sandvik, ProTemp Products, Tempress Systems, Tetreon Technologies, SierraTherm, ATV Technologie, Thermco Systems
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
205
Number of Tables & Figures
144
Customization Available
Yes, the report can be customized as per your need.
Global Diffusion Furnace Market Report Segments:
The global Diffusion Furnace market is segmented on the basis of:
Types
Horizontal Tube Reactor, Vertical Tube Reactor
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
Semiconductor, Optoelectronic Devices, Solar, Other
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:
- Thermco Systems
- Centrotherm
- Koyo Thermo Systems Co., Ltd
- ASM International
- Sandvik
- ProTemp Products
- Tempress Systems
- Tetreon Technologies
- SierraTherm
- ATV Technologie
- Thermco Systems
Highlights of The Diffusion Furnace 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:
- Horizontal Tube Reactor
- Vertical Tube Reactor
- By Application:
- Semiconductor
- Optoelectronic Devices
- Solar
- Other
- 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 Diffusion Furnace 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A diffusion furnace is a type of industrial furnace used to produce metal alloys. The heat from the burning fuel and air mixture diffuses through the metal, producing a uniform temperature throughout the piece. This allows for more even heating and prevents hot spots that can cause distortion or warping in the metal.
Some of the key players operating in the diffusion furnace market are Thermco Systems, Centrotherm, Koyo Thermo Systems Co., Ltd, ASM International, Sandvik, ProTemp Products, Tempress Systems, Tetreon Technologies, SierraTherm, ATV Technologie, Thermco Systems.
The diffusion furnace 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 Diffusion Furnace 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 Diffusion Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Diffusion Furnace 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 Diffusion Furnace 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 Diffusion Furnace Market Size & Forecast, 2018-2028
4.5.1 Diffusion Furnace Market Size and Y-o-Y Growth
4.5.2 Diffusion Furnace Market Absolute $ Opportunity
Chapter 5 Global Diffusion Furnace 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 Diffusion Furnace Market Size Forecast by Type
5.2.1 Horizontal Tube Reactor
5.2.2 Vertical Tube Reactor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Diffusion Furnace 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 Diffusion Furnace Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Optoelectronic Devices
6.2.3 Solar
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Diffusion Furnace 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 Diffusion Furnace 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 Diffusion Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Diffusion Furnace 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 Diffusion Furnace Market Size Forecast by Type
9.6.1 Horizontal Tube Reactor
9.6.2 Vertical Tube Reactor
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 Diffusion Furnace Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Optoelectronic Devices
9.10.3 Solar
9.10.4 Other
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 Diffusion Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Diffusion Furnace 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 Diffusion Furnace Market Size Forecast by Type
10.6.1 Horizontal Tube Reactor
10.6.2 Vertical Tube Reactor
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 Diffusion Furnace Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Optoelectronic Devices
10.10.3 Solar
10.10.4 Other
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 Diffusion Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Diffusion Furnace 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 Diffusion Furnace Market Size Forecast by Type
11.6.1 Horizontal Tube Reactor
11.6.2 Vertical Tube Reactor
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 Diffusion Furnace Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Optoelectronic Devices
11.10.3 Solar
11.10.4 Other
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 Diffusion Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Diffusion Furnace 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 Diffusion Furnace Market Size Forecast by Type
12.6.1 Horizontal Tube Reactor
12.6.2 Vertical Tube Reactor
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 Diffusion Furnace Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Optoelectronic Devices
12.10.3 Solar
12.10.4 Other
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) Diffusion Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Diffusion Furnace 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) Diffusion Furnace Market Size Forecast by Type
13.6.1 Horizontal Tube Reactor
13.6.2 Vertical Tube Reactor
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) Diffusion Furnace Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Optoelectronic Devices
13.10.3 Solar
13.10.4 Other
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 Diffusion Furnace Market: Competitive Dashboard
14.2 Global Diffusion Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermco Systems
14.3.2 Centrotherm
14.3.3 Koyo Thermo Systems Co., Ltd
14.3.4 ASM International
14.3.5 Sandvik
14.3.6 ProTemp Products
14.3.7 Tempress Systems
14.3.8 Tetreon Technologies
14.3.9 SierraTherm
14.3.10 ATV Technologie
14.3.11 Thermco Systems
