Market Overview:
The global single crystal growth furnace market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into Czochralski process (Cz) furnace, float zone (FZ) furnace, Bridgman furnace and other furnaces. The Czochralski process (Cz) furnaces are dominating the global single crystal growth furnace market with a share of more than 50%. This can be attributed to its ability to produce large-sized crystals with high quality and purity. On the basis of application, semiconductor accounted for majority share in 2017 and it is expected to maintain its dominance during the forecast period as well.
Product Definition:
A single crystal growth furnace is used to produce large, high-quality crystals for use in electronics and other industries. The importance of single crystal growth furnaces is that they can produce large, high-quality crystals that are essential for certain applications such as semiconductors and LEDs.
Czochralski Process (Cz) Furnace:
The Czochralski process (Cz) furnace is a type of electric furnace used in the production of single crystal materials. The Czochralski method was developed by Jan Czochralski, a Polish mineralogist and geochemist who worked as an assistant to Professor Władysław Skalsky at the University of Warsaw.
Float Zone (FZ) Furnace:
The float zone (FZ) furnace is a type of thermal processing system used to remove moisture from the melt. It is also known as the vapor-phase condensing (VPC) furnace or crystal-phase condensing (CPC) furnace. The FZ furnaces are equipped with special heat transfer equipment that allows rapid heating and cooling of materials, which reduces energy consumption and increases efficiency.
Application Insights:
Electronics application segment accounted for the largest share of over 30.0% in 2017 and is expected to continue its dominance over the forecast period. Single crystal growth has been observed as a successful solution to reduce costs, improve efficiency, and enhance productivity in electronics industry worldwide. The furnaces are used to grow single crystals with high purity level required for various semiconductor applications such as integrated circuits (IC), sensors & actuators, optoelectronics devices etc.
Single crystal growth offers flexibility in designing IC chips by providing different options such as substrate material (glass or sapphire), orientation of device on the substrate (normal or vertical) along with other design options available with single crystal technology like contact extraction area etc., which provides better performance than bulk production method does.
The photovoltaics application segment is expected to register a CAGR of XX% from 2018 to 2030 owing to increasing demand for SAG materials that have high energy absorption capacity.
Regional Analysis:
North America dominated the global single crystal growth furnace market in 2017. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing research and development activities by various companies in U.S., which require large volumes of semiconductors for manufacturing purposes, thereby driving the demand for furnaces used for growing single crystals of semiconductor materials such as silicon, germanium, and gallium arsenide among others.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising investments by various governments in developing countries such as China and India among others coupled with increasing electronics industry production worldwide will drive this market at a rapid pace during the forecast years from 2018 to 2030 timeframe.
Growth Factors:
- Increasing demand for single crystal materials from various end-use industries
- Growing research and development activities for the development of new single crystal materials
- Rising adoption of single crystal growth furnace in the semiconductor industry
- Technological advancements in the field of single crystal growth furnace
- Growing demand for high quality and purity single crystals
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Crystal Growth Furnace Market Research Report
By Type
Czochralski Process (Cz) Furnace, Float Zone (FZ) Furnace, Bridgman Furnace, Other
By Application
Semiconductor, Photovoltaics, Electronics, R&D Industries, Other
By Companies
Canon Machinery, Materials Research Furnaces, Naura, Thermcraft, JSG, Linton Crystal Technologies, PVA TePla AG, Ferrotec, Cyberstar (ECM Technologies), GES Corporation, CVD Equipment Corporation, Futek Furnace Inc
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
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Single Crystal Growth Furnace Market Report Segments:
The global Single Crystal Growth Furnace market is segmented on the basis of:
Types
Czochralski Process (Cz) Furnace, Float Zone (FZ) Furnace, Bridgman Furnace, Other
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, Photovoltaics, Electronics, R&D Industries, 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:
- Canon Machinery
- Materials Research Furnaces
- Naura
- Thermcraft
- JSG
- Linton Crystal Technologies
- PVA TePla AG
- Ferrotec
- Cyberstar (ECM Technologies)
- GES Corporation
- CVD Equipment Corporation
- Futek Furnace Inc
Highlights of The Single Crystal Growth 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:
- Czochralski Process (Cz) Furnace
- Float Zone (FZ) Furnace
- Bridgman Furnace
- Other
- By Application:
- Semiconductor
- Photovoltaics
- Electronics
- R&D Industries
- 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 Single Crystal Growth 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:
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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 Single Crystal Growth Furnace is a type of furnace used to grow single crystals. It uses a controlled environment to produce small, uniform crystals.
Some of the key players operating in the single crystal growth furnace market are Canon Machinery, Materials Research Furnaces, Naura, Thermcraft, JSG, Linton Crystal Technologies, PVA TePla AG, Ferrotec, Cyberstar (ECM Technologies), GES Corporation, CVD Equipment Corporation, Futek Furnace Inc.
The single crystal growth 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 Single Crystal Growth 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 Single Crystal Growth Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single Crystal Growth 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 Single Crystal Growth 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 Single Crystal Growth Furnace Market Size & Forecast, 2020-2028
4.5.1 Single Crystal Growth Furnace Market Size and Y-o-Y Growth
4.5.2 Single Crystal Growth Furnace 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 Czochralski Process (Cz) Furnace
5.2.2 Float Zone (FZ) Furnace
5.2.3 Bridgman Furnace
5.2.4 Other
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 Semiconductor
6.2.2 Photovoltaics
6.2.3 Electronics
6.2.4 R&D Industries
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single Crystal Growth 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 Single Crystal Growth 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 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 Czochralski Process (Cz) Furnace
9.6.2 Float Zone (FZ) Furnace
9.6.3 Bridgman Furnace
9.6.4 Other
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 Semiconductor
9.10.2 Photovoltaics
9.10.3 Electronics
9.10.4 R&D Industries
9.10.5 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 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 Czochralski Process (Cz) Furnace
10.6.2 Float Zone (FZ) Furnace
10.6.3 Bridgman Furnace
10.6.4 Other
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 Semiconductor
10.10.2 Photovoltaics
10.10.3 Electronics
10.10.4 R&D Industries
10.10.5 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 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 Czochralski Process (Cz) Furnace
11.6.2 Float Zone (FZ) Furnace
11.6.3 Bridgman Furnace
11.6.4 Other
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 Semiconductor
11.10.2 Photovoltaics
11.10.3 Electronics
11.10.4 R&D Industries
11.10.5 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 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 Czochralski Process (Cz) Furnace
12.6.2 Float Zone (FZ) Furnace
12.6.3 Bridgman Furnace
12.6.4 Other
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 Semiconductor
12.10.2 Photovoltaics
12.10.3 Electronics
12.10.4 R&D Industries
12.10.5 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) 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 Czochralski Process (Cz) Furnace
13.6.2 Float Zone (FZ) Furnace
13.6.3 Bridgman Furnace
13.6.4 Other
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 Semiconductor
13.10.2 Photovoltaics
13.10.3 Electronics
13.10.4 R&D Industries
13.10.5 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 Single Crystal Growth Furnace Market: Competitive Dashboard
14.2 Global Single Crystal Growth Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Canon Machinery
14.3.2 Materials Research Furnaces
14.3.3 Naura
14.3.4 Thermcraft
14.3.5 JSG
14.3.6 Linton Crystal Technologies
14.3.7 PVA TePla AG
14.3.8 Ferrotec
14.3.9 Cyberstar (ECM Technologies)
14.3.10 GES Corporation
14.3.11 CVD Equipment Corporation
14.3.12 Futek Furnace Inc
