Market Overview:
The global samarium oxide sputtering target 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 semiconductors and other electronic devices across the globe. In addition, the growing demand for thin films and coatings in various applications is also contributing to the growth of this market. Based on type, the global samarium oxide sputtering target market can be segmented into rotatable transformation type and non-rotating type. The rotatable transformation type is expected to account for a larger share of this market than the non-rotating type during the forecast period. This can be attributed to its ability to produce high quality films with low defects as compared to other types of targets. Based on application, the global samarium oxide sputtering target market can be segmented into semiconductor, chemical vapor deposition (CVD), physical vapor deposition (PVD), and others.
Product Definition:
A sputtering target is a material that is vaporized to produce ions for use in sputtering. Samarium oxide (Sm2O3) targets are used in the production of semiconductors and other electronic devices. The importance of Sm2O3 targets lies in their ability to provide high-quality, low-defect films with good step coverage.
Rotatable Transformation:
Rotatable transformation is a new sputtering technique which allows to change the target material's position during the deposition process. The technique was firstly used for aluminum and silicon wafers in July 2016. Since then, it has been expanded to cover various materials such as sapphire, yttrium aluminum garnet (YAG), zirconia (TZP), titanium-based alloys and stainless steel among others.
Non Rotating Type:
Non rotating type is used in sputtering targets which are made of Samarium and Oxide. The target material has high resistance to magnetic fields, due to which it does not get attracted by the magnetron during silylium deposition. This makes non rotating type a suitable option for sputtering targets as they reduce the consumption of time and energy during target preparation along with improving the quality of films produced.
Application Insights:
The other applications include coating, semiconductor, physical vapor deposition (sputtering), and chemical vapor deposition. The others segment dominated the global Samarium Oxide Sputtering Target market in terms of revenue share in 2017. It is expected to continue its dominance over the forecast period owing to rising demand from various application areas such as coatings, semiconductors and physical vapor deposition.
Semiconductor was the largest application segment for sputtering targets in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030 due to increasing demand for IC chips with high performance capabilities by companies operating globally. The growth of this industry can be attributed towards rapid technological advancements coupled with growing consumerism levels across developing countries such as China India & Brazil which are majorly contributing towards increased consumption levels globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness significant growth over the forecast period owing to increasing demand for SAMariumOxide from various end-use industries, such as electronics, semiconductors and chemicals. This can be attributed to high production of consumer electronic products such as smartphones and laptops in China and India. In addition, rising investments by foreign players for setting up manufacturing facilities in this region will drive industry expansion further.
The growing use of samarium oxide based targets for coating metal surfaces has emerged as a promising application segment since it offers numerous benefits including reduction of corrosion & wear resistance while enhancing the thermal efficiency of heat transfer equipment used during industrial processes like chemical vapor deposition (CVD) or physical vapor deposition (PVD).
Growth Factors:
- Increasing demand from the semiconductor and electronics industry for Samarium Oxide Sputtering Target due to its unique physical and chemical properties.
- Growing popularity of Samarium Oxide Sputtering Target in the medical field for use in radiation therapy and cancer treatment.
- Rising demand from the automotive industry for Samarium Oxide Sputtering Target as a component in catalytic converters.
- Increasing use of Samarium Oxide Sputtering Target in research and development activities owing to its superior properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Samarium 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, Kurt J. Lesker, MSE Supplies, ALB Materials Inc, Edgetech Industries, Stanford Advanced Materials, Advanced Engineering Materials, QS Advanced Materials, Heeger Materials, China Rare Metal Material
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Samarium Oxide Sputtering Target Market Report Segments:
The global Samarium 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
- Kurt J. Lesker
- MSE Supplies
- ALB Materials Inc
- Edgetech Industries
- Stanford Advanced Materials
- Advanced Engineering Materials
- QS Advanced Materials
- Heeger Materials
- China Rare Metal Material
Highlights of The Samarium 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 Samarium 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.
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- Correctly Positioning New Products
- Market Entry Strategies
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- 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?
Samarium Oxide Sputtering Target is a target material used in sputtering. It is made of samarium and oxygen, and it has a high surface area. This makes it good for sputtering thin films.
Some of the key players operating in the samarium oxide sputtering target market are American Elements, Kurt J. Lesker, MSE Supplies, ALB Materials Inc, Edgetech Industries, Stanford Advanced Materials, Advanced Engineering Materials, QS Advanced Materials, Heeger Materials, China Rare Metal Material.
The samarium oxide sputtering target 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 Samarium 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 Samarium Oxide Sputtering Target Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Samarium 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 Samarium 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 Samarium Oxide Sputtering Target Market Size & Forecast, 2018-2028 4.5.1 Samarium Oxide Sputtering Target Market Size and Y-o-Y Growth 4.5.2 Samarium Oxide Sputtering Target Market Absolute $ Opportunity
Chapter 5 Global Samarium 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 Samarium 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 Samarium 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 Samarium 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 Samarium 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 Samarium 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 Samarium Oxide Sputtering Target Analysis and Forecast
9.1 Introduction
9.2 North America Samarium 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 Samarium 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 Samarium 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 Samarium Oxide Sputtering Target Analysis and Forecast
10.1 Introduction
10.2 Europe Samarium 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 Samarium 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 Samarium 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 Samarium Oxide Sputtering Target Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Samarium 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 Samarium 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 Samarium 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 Samarium Oxide Sputtering Target Analysis and Forecast
12.1 Introduction
12.2 Latin America Samarium 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 Samarium 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 Samarium 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) Samarium Oxide Sputtering Target Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Samarium 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) Samarium 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) Samarium 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 Samarium Oxide Sputtering Target Market: Competitive Dashboard
14.2 Global Samarium 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 Kurt J. Lesker
14.3.3 MSE Supplies
14.3.4 ALB Materials Inc
14.3.5 Edgetech Industries
14.3.6 Stanford Advanced Materials
14.3.7 Advanced Engineering Materials
14.3.8 QS Advanced Materials
14.3.9 Heeger Materials
14.3.10 China Rare Metal Material