Market Overview:
The global monocrystal furnace market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for semiconductor and PV products, coupled with the rising adoption of monocrystalline solar cells. In terms of type, the lifting furnace segment is expected to hold a dominant share in the global monocrystal furnace market during the forecast period. This can be attributed to its ability to produce high-quality crystals with low defect density. By application, the semiconductor industry segment is anticipated to account for a major share in terms of revenue in 2018 and beyond owing to increased demand for advanced semiconductor devices across various end-use industries such as automotive, consumer electronics, and telecommunications.
Product Definition:
A monocrystal furnace is a device used to produce single crystal semiconductor materials. The importance of monocrystal furnaces is that they can produce high-quality semiconductor materials, which are necessary for the fabrication of advanced electronic devices.
Lifting Furnace:
Lifting furnace is a device used in smelting process to remove impurities from the melt. It works by heating the ingot above its melting point and carrying out a convection current which lifts impurities from the bottom of the vessel. The flow of heat can be regulated by changing temperature, speed or position of flame.
The lifting furnace has several advantages over other processes such as improved quality control, high productivity.
Floating Zone Furnace:
Floating zone furnace (FZF) is a type of high-temperature Furnace used in the glass industry for melting silica sand to make glass. It is also known as a moving furnace because it moves around the chamber while processing. The basic operation of FZF includes heating, stirring, and circulating systems that are controlled by computer software or manually operated through control rods or switches.
Application Insights:
The others application segment includes aluminum industry, steel industry and cement industry. The demand for monocrystalline silicon wafer in the semiconductor industry is expected to witness growth at a CAGR of XX% from 2018 to 2030 owing to the increasing demand for integrated circuits across various end-use industries such as electronics, communication and information technology among others.
The solar photovoltaic (PV) sector accounted for more than 25% of the total market revenue in 2017 due to rapid industrialization in Asia Pacific region particularly China and India on account of government initiatives such as Feed-in Tariffs (FiT) program which provides financial subsidies for installing solar energy systems across both residential and non-residential sectors thus driving the growth of monocrystalline silicon furnaces over other types globally.
Regional Analysis:
Asia Pacific dominated the global monocrystal furnace market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising demand for electronic products such as smartphones and laptops, which require large volumes of semiconductors. In addition, increasing PV panel installations across countries such as China and India are driving industry expansion in Asia Pacific region.
The European market is anticipated to witness significant growth over the forecast period owing to growing solar energy installation across countries including Germany, Italy, France among others. In addition, technological advancements related to glass transition temperature (TTG) by researchers at University of Cambridge will further boost industry expansion over next eight years or so.
Growth Factors:
- Increasing demand from the electronics and semiconductor industry for high-quality monocrystalline silicon wafers is expected to drive the market growth.
- Growing demand for solar energy across the globe is also anticipated to fuel the market growth in near future.
- Rising number of research and development activities for developing new applications of monocrystalline silicon wafers is projected to create new opportunities for market players over the forecast period.
- Increasing investments by key players in manufacturing facilities is likely to boost the production capacity, which would subsequently propel market growth during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Monocrystal Furnace Market Research Report
By Type
Lifting Furnace, Floating Zone Furnace
By Application
Semiconductor Industry, PV Industry, Others
By Companies
Canon Machinery, Quantum Design, Yun Feng, Ferrotec, Beijing Opto-Electronics Technology, Carbolite Gero, Jingyuntong, Naura, Canon Machinery
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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Monocrystal Furnace Market Report Segments:
The global Monocrystal Furnace market is segmented on the basis of:
Types
Lifting Furnace, Floating Zone Furnace
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 Industry, PV Industry, 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:
- Canon Machinery
- Quantum Design
- Yun Feng
- Ferrotec
- Beijing Opto-Electronics Technology
- Carbolite Gero
- Jingyuntong
- Naura
- Canon Machinery
Highlights of The Monocrystal 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:
- Lifting Furnace
- Floating Zone Furnace
- By Application:
- Semiconductor Industry
- PV Industry
- 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 Monocrystal 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 monocrystal furnace is a type of furnace that uses a single crystal of metal to produce heat. This type of furnace is more efficient than other types because it can reach higher temperatures more quickly.
Some of the major players in the monocrystal furnace market are Canon Machinery, Quantum Design, Yun Feng, Ferrotec, Beijing Opto-Electronics Technology, Carbolite Gero, Jingyuntong, Naura, Canon Machinery.
The monocrystal furnace 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 Monocrystal 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 Monocrystal Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Monocrystal 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 Monocrystal 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 Monocrystal Furnace Market Size & Forecast, 2018-2028
4.5.1 Monocrystal Furnace Market Size and Y-o-Y Growth
4.5.2 Monocrystal Furnace Market Absolute $ Opportunity
Chapter 5 Global Monocrystal 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 Monocrystal Furnace Market Size Forecast by Type
5.2.1 Lifting Furnace
5.2.2 Floating Zone Furnace
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Monocrystal 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 Monocrystal Furnace Market Size Forecast by Applications
6.2.1 Semiconductor Industry
6.2.2 PV Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Monocrystal 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 Monocrystal 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 Monocrystal Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Monocrystal 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 Monocrystal Furnace Market Size Forecast by Type
9.6.1 Lifting Furnace
9.6.2 Floating Zone Furnace
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 Monocrystal Furnace Market Size Forecast by Applications
9.10.1 Semiconductor Industry
9.10.2 PV Industry
9.10.3 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 Monocrystal Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Monocrystal 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 Monocrystal Furnace Market Size Forecast by Type
10.6.1 Lifting Furnace
10.6.2 Floating Zone Furnace
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 Monocrystal Furnace Market Size Forecast by Applications
10.10.1 Semiconductor Industry
10.10.2 PV Industry
10.10.3 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 Monocrystal Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Monocrystal 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 Monocrystal Furnace Market Size Forecast by Type
11.6.1 Lifting Furnace
11.6.2 Floating Zone Furnace
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 Monocrystal Furnace Market Size Forecast by Applications
11.10.1 Semiconductor Industry
11.10.2 PV Industry
11.10.3 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 Monocrystal Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Monocrystal 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 Monocrystal Furnace Market Size Forecast by Type
12.6.1 Lifting Furnace
12.6.2 Floating Zone Furnace
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 Monocrystal Furnace Market Size Forecast by Applications
12.10.1 Semiconductor Industry
12.10.2 PV Industry
12.10.3 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) Monocrystal Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Monocrystal 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) Monocrystal Furnace Market Size Forecast by Type
13.6.1 Lifting Furnace
13.6.2 Floating Zone Furnace
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) Monocrystal Furnace Market Size Forecast by Applications
13.10.1 Semiconductor Industry
13.10.2 PV Industry
13.10.3 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 Monocrystal Furnace Market: Competitive Dashboard
14.2 Global Monocrystal Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canon Machinery
14.3.2 Quantum Design
14.3.3 Yun Feng
14.3.4 Ferrotec
14.3.5 Beijing Opto-Electronics Technology
14.3.6 Carbolite Gero
14.3.7 Jingyuntong
14.3.8 Naura
14.3.9 Canon Machinery
