Market Overview:
The global Lithium Oxide Sputtering Target market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for semiconductors and other electronic devices, and rising investments in research and development activities for advanced materials. In terms of type, the rotatable transformation segment is expected to hold a larger share of the market during the forecast period, owing to its ability to provide high-quality coatings on substrates with low defects. In terms of application, chemical vapor deposition (CVD) is expected to be one of the fastest-growing segments during the forecast period, owingtoits growing use in various end-use industries such as automotive and aerospace.
Product Definition:
Lithium oxide (Li2O) is an inorganic compound with the formula Li2O. It is a white solid that is soluble in water. Lithium oxide is produced by the reaction of lithium and oxygen at high temperatures or, alternatively, by electrolysis of a lithium-containing solution.
Lithium oxide has several important applications: as a glass additive to produce low-thermal-expansion glass; as a component of ceramics, notably porcelain enamel;.
Rotatable Transformation:
Rotatable transformation is a new technology that has been developed to enable the fabrication of complex three-dimensional structures with high aspect ratio from thin films. The technique allows for low power consumption, which makes it suitable for use in sputtering targets used in electronic devices.
The growth factor responsible for the increased usage of rotatable transformation is cost reduction due to lower target costs and reduced labor costs involved in manufacturing processes.
Non Rotating Type:
Non rotating type is used in lithium oxide sputtering target market for the production of thin-film batteries. The non rotating type has a high rate capability and low density, which makes it an ideal material to be used in the production of batteries.
The key driver for this market is growing demand from renewable energy sources such as solar.
Application Insights:
The semiconductor application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. Lithium oxide (LiO) provides high-frequency capacitors with higher energy density, lower operating temperature, and enhanced reliability. The demand for LiO as a sputtering target in semiconductor industry is expected to increase significantly owing to its superior properties including low cost, easy availability, low weight & size along with safety features such as non-flammability and electrical insulation.
Sputtering targets are widely used by electronic device manufacturers during production of advanced devices such as integrated circuits (ICs), field effect transistors (FETs), dynamic random access memory (DRAMs), flash memory devices among others. Increasing use of lithium oxides targets in manufacturing DRAM chips has resulted in increased market penetration across various regions on account of increasing demand from end users which include computers/laptops/netbooks OEM manufacturers and mobile phone companies among others.
Regional Analysis:
Asia Pacific region dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing lithium resources coupled with growing demand for lithium-ion batteries. Lithium resources are concentrated mainly in Australia, China, Chile, Argentina, and Brazil; however; only a few countries have made it public knowledge about their reserves (Table 1).
China holds approximately 44% of global reserves and produced nearly half of global battery capacity in 2016. It is also one of the top five producers of primary energy globally. Thus; it can be concluded that lithium has great potential as a raw material for target industry participants across various sectors such as semiconductors & electronics, chemicals & pharmaceuticals due to its high availability along with low cost compared to other alternatives such as cobalt or manganese (LMC) [1].
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for advanced materials that can improve performance and efficiency.
- Growing popularity of lithium-ion batteries for electric vehicles and portable devices, as well as increasing demand for energy storage systems.
- Proliferation of thin film solar photovoltaics (PV) due to its low cost and high efficiency compared to traditional silicon-based PV cells.
- Rising demand from the glass industry for coatings that improve scratch resistance, transparency, and durability properties 5 Emerging applications such as smart windows, transparent electrodes in displays, optical sensors etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Lithium Oxide Sputtering Target Market Research Report
By Type
Rotatable Transformation, Non Rotating Type
By Application
Semiconductor, Chemical Vapor Deposition, Physical Vapor Deposition, Others
By Companies
American Elements, XI'AN FUNCTION MATERIAL GROUP, Elements China
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
185
Number of Tables & Figures
130
Customization Available
Yes, the report can be customized as per your need.
Global Lithium Oxide Sputtering Target Market Report Segments:
The global Lithium Oxide Sputtering Target market is segmented on the basis of:
Types
Rotatable Transformation, Non Rotating Type
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, Chemical Vapor Deposition, Physical Vapor Deposition, 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:
- American Elements
- XI'AN FUNCTION MATERIAL GROUP
- Elements China
Highlights of The Lithium Oxide Sputtering Target 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:
- Rotatable Transformation
- Non Rotating Type
- By Application:
- Semiconductor
- Chemical Vapor Deposition
- Physical Vapor Deposition
- 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 Lithium Oxide Sputtering Target 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
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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?
A lithium oxide sputtering target is a piece of equipment used to help create thin films by sputtering. The target helps to deposit the lithium onto the substrate, which in turn creates a thin film.
Some of the key players operating in the lithium oxide sputtering target market are American Elements, XI'AN FUNCTION MATERIAL GROUP, Elements China.
The lithium oxide sputtering target market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size & Forecast, 2018-2028
4.5.1 Lithium Oxide Sputtering Target Market Size and Y-o-Y Growth
4.5.2 Lithium Oxide Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size Forecast by Type
5.2.1 Rotatable Transformation
5.2.2 Non Rotating Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size Forecast by Applications
6.2.1 Semiconductor
6.2.2 Chemical Vapor Deposition
6.2.3 Physical Vapor Deposition
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size Forecast by Type
9.6.1 Rotatable Transformation
9.6.2 Non Rotating Type
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 Lithium Oxide Sputtering Target Market Size Forecast by Applications
9.10.1 Semiconductor
9.10.2 Chemical Vapor Deposition
9.10.3 Physical Vapor Deposition
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 Lithium Oxide Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size Forecast by Type
10.6.1 Rotatable Transformation
10.6.2 Non Rotating Type
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 Lithium Oxide Sputtering Target Market Size Forecast by Applications
10.10.1 Semiconductor
10.10.2 Chemical Vapor Deposition
10.10.3 Physical Vapor Deposition
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 Lithium Oxide Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size Forecast by Type
11.6.1 Rotatable Transformation
11.6.2 Non Rotating Type
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 Lithium Oxide Sputtering Target Market Size Forecast by Applications
11.10.1 Semiconductor
11.10.2 Chemical Vapor Deposition
11.10.3 Physical Vapor Deposition
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 Lithium Oxide Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Lithium Oxide Sputtering Target 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 Lithium Oxide Sputtering Target Market Size Forecast by Type
12.6.1 Rotatable Transformation
12.6.2 Non Rotating Type
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 Lithium Oxide Sputtering Target Market Size Forecast by Applications
12.10.1 Semiconductor
12.10.2 Chemical Vapor Deposition
12.10.3 Physical Vapor Deposition
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) Lithium Oxide Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lithium Oxide Sputtering Target 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) Lithium Oxide Sputtering Target Market Size Forecast by Type
13.6.1 Rotatable Transformation
13.6.2 Non Rotating Type
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) Lithium Oxide Sputtering Target Market Size Forecast by Applications
13.10.1 Semiconductor
13.10.2 Chemical Vapor Deposition
13.10.3 Physical Vapor Deposition
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 Lithium Oxide Sputtering Target Market: Competitive Dashboard
14.2 Global Lithium Oxide Sputtering Target Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 American Elements
14.3.2 XI'AN FUNCTION MATERIAL GROUP
14.3.3 Elements China
