Silicon-Rich Silicon Nitride Films Market - Forecast(2023 - 2028)

Report Code: CMR 90662 Report Format: PDF + Excel

Silicon-Rich Silicon Nitride Films Market Overview

The Silicon-Rich Silicon Nitride Films market size is forecasted to grow at a CAGR of around 3.1% during the forecast period 2022 to 2027. The silicon-rich silicon nitride film is a thin insulating film that offers strong optical functioning, mechanical strength and barrier. The silicon nitride is identified from enstatite chondrites. The stoichiometric silicon-rich silicon nitride films that are prepared through LPCVD have major demand in chip-integrated microcombs. The silicon nitride films deposited on the silicon substrate are patterned using the atomic force microscopy for mask fabrication. The increasing demand of silicon-rich silicon nitride film in optoelectronics is offering drive in the global silicon-rich silicon nitride market. Furthermore, the flourishing application in aerospace, electronics, automotive, energy and power end-use industries will offer major growth in the market during the forecast period.

Silicon-Rich Silicon Nitride Films Market COVID-19 Impact

The Silicon-Rich Silicon Nitride Films market was majority imparted by the slowdown and disruptions in the covid-19 outbreak. The silicon-rich silicon nitride films have high demand for applications in aerospace, electronics and other sectors. The halt in production activities, transportation restrictions, declining demand and other lockdown restrictions led to a fall in the growth of market. The aerospace sector faced major disturbances and slowdown during the pandemic. The shortages in workforce, restrictions on air travel and the fall in aircraft orders led to the hampering of the aerospace sector. According to the Aerospace Industries Association (AIA), the total revenue in aerospace industry in U.S. dropped by 2.8% to USD 874 billion and supply chain loss of more than 3.0% in 2019-2020. The declining growth of aerospace industry impacted the applications of silicon-rich silicon nitride films, thereby led to fall in demand and growth opportunities. Thus, the silicon-rich silicon nitride films market faced slowdown and hamper in the pandemic.

Report Coverage

The report:“ Silicon-Rich Silicon Nitride Films Market Report – Forecast (2022-2027)” by IndustryARC, covers an in-depth analysis of the following segments in the global Silicon-Rich Silicon Nitride Films industry.

By Deposition Process: Physical Vapor Deposition, Plasma Enhanced Vapor Deposition, Atomic Layer Deposition, Low Pressure Chemical Vapor Deposition, Atmospheric Chemical Vapor Deposition and Others.
By Application: RF Circuits, Semiconductor, Micromechanics, Solar Cell, Image Sensors, Optoelectronic Devices and Others.
By End Use Industry: Aerospace, Electrical and Electronics (Consumer Electronics, Optoelectronic and Others), Energy and Power, Automotive (Passenger Vehicle and Commercial Vehicle) and Others.
By Geography: North America (USA, Canada and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia and New Zealand, Indonesia, Taiwan, Malaysia,\ and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile and Rest of South America), Middle East (Saudi Arabia, UAE, Israel, Rest of the Middle East) and Africa (South Africa, Nigeria, Rest of Africa).

Key Takeaways

  • The Silicon-Rich Silicon Nitride Films market size will increase owing to its growing application in electronics, photovoltaics, automotive and other sectors during the forecast period.
  • The Asia Pacific is the fastest growing region in the global Silicon-Rich Silicon Nitride Films industry owing to established electronics manufacturing base, rising advancement in solar power and high demand for silicon-rich silicon nitride films, thereby boosting the growth in this region.
  • The demand of Silicon-Rich Silicon Nitride Films in electronics sector for semiconductor devices and others is growing owing to superior feature such as optical and mechanical strength, transparency and durability.

Figure: Asia Pacific Silicon-Rich Silicon Nitride Films Market Revenue, 2021-2027 (US$ Billion)

Global Silicon-Rich Silicon Nitride Films MarketFor More Details On this report - Request For Sample

Silicon-Rich Silicon Nitride Films Market Segment Analysis – By Application

By application, the semiconductor is the fastest growing segment and is expected to grow with a CAGR of around 4.5% during the forecast period. The Silicon-Rich Silicon Nitride Films have major demand in the semiconductor applications owing to superior properties such as strength, thermal shock resistance and electrical insulation for various electronic devices. The increasing production and advancement in the semiconductor chips is propelling the growth in the market. Furthermore, the use of semiconductor circuits in various electrical devices such as laptop, computer, calculator and others is boosting the growth in market. According to the National Investment Promotion & Facilitation Agency, the Indian electronics industry is expected to reach USD 300 billion by 2025-26. The flourishing electronics industry and advancement is driving the market. Thus, with major demand of silicon-rich silicon nitride films for semiconductor applications, the silicon-rich silicon nitride films market share will grow rapidly during the forecast period.

Silicon-Rich Silicon Nitride Films Market Segment Analysis – By End-Use Industry

By end-use industry, the electrical and electronics segment held the largest Silicon-Rich Silicon Nitride Films market share in 2021, with a share of over 22%. The silicon-rich silicon nitride films have major application such as in optoelectronic devices, integrated circuits, semiconductor devices, micromechanic devices and others. These films have strong mechanical and optical properties and transparency, thereby boosting the demand of enstatite chondrites identified silicon nitride for on-chip application in the electronics industry. Furthermore, the growing production of electrical devices and semiconductor is propelling the growth of silicon-rich silicon nitride films market. According to the Semiconductor Industry Association (SIA), the worldwide sales of the semiconductor accounted for USD 151.7 billion in first quarter of 2022. The rise in application of silicon-rich silicon nitride films, along with zirconium oxide thin film in the optoelectronics, consumer electrical and others is boosting the growth prospects of global xx market. Thus, the global silicon-rich silicon nitride films industry will grow rapidly during the forecast period.

Silicon-Rich Silicon Nitride Films Market Segment Analysis – By Geography

By geography, the Asia Pacific is the fastest-growing region in the Silicon-Rich Silicon Nitride Films market and is expected to grow with a CAGR of around 4.7% during the forecast period. Asia-Pacific holds the largest portion of Silicon-Rich Silicon Nitride Films market share in 2021. The demand of the silicon-rich silicon nitride films in this region is growing due to flourishing manufacturing base and high demand from major end user industries. The growth of automotive, aerospace, energy and power and others industries is propelling the demand of silicon-rich silicon nitride films. The silicon nitride films have major application in photovoltaics in solar cells. Moreover, the growth of energy and solar power utilities in this region is boosting the growth in the market. According to the International Energy Agency (IEA), the power generation from solar PV increased by 156 TWh in 2020, with around 75% increase from China in annual solar PV installation from 2019 to 2020. Furthermore, the rising demand of stoichiometric silicon nitride films in consumer electronics, aerospace and other end use industries and advancement in this region will boost growth opportunities in the global silicon-rich silicon nitride films industry. Thus, the silicon-rich silicon nitride films market size will grow rapidly during the forecast period.

Silicon-Rich Silicon Nitride Films Market Drivers

Growing demand of the silicon-rich silicon nitride films in energy and power sector

The Silicon-Rich Silicon Nitride Films have major demand in the energy and photovoltaics applications. It is used in the energy efficient lighting systems, solar cells and others due to superior properties such as mechanical strength, wide spectrum range and durability. Moreover, growth in energy and power production and development projects is offering drive in the silicon-rich silicon nitride films market. According to the India Brand Equity Foundation (IBEF), the power consumption in India is expected to reach 1,894.7 TWh in 2022. The flourishing advancement in the energy and power applications for silicon-rich silicon nitride film is offering major growth prospects to the market. Thus, the global silicon-rich silicon nitride films industry is growing rapidly.

High demand in the optoelectronics application

The Silicon-Rich Silicon Nitride Films have growing application in the optoelectronics sector owing to superior optoelectronic and mechanical properties and high refractive index. These films are masks fabricated through atomic force microscopy. The growing use of silicon-rich silicon nitride films in optoelectronic devices, solar cells, photonics and others is offering major drive in the market. For instance, the Mitsubishi Electric Corporation launched the ML562G86 pulse diode for projects involving vibrant 638-nanometer. Furthermore, according to the National Investment Promotion & Facilitation Agency, the domestic production in electronics has reached USD 67 billion in 2020-21. The robust growth of optoelectronics in various end use industries and energy-efficient lighting system is propelling the growth of silicon-rich silicon nitride films market. Thus, the silicon-rich silicon nitride films market is growing and experiencing major growth opportunities.

Silicon-Rich Silicon Nitride Films Market Challenges

Rise in raw material prices

The global Silicon-Rich Silicon Nitride Films industry experience major challenge with rising prices of silicon. The disturbance in the supply and demand chain affects the prices for silicon in the market. Moreover, the shortage in silicon is creating a major rise in the prices. The increasing prices of major raw material used silicon-rich silicon nitride films is creating a hamper in the market, with disturbed production, supply chain disturbances and hamper in major application in the market. For instance, according to U.S. Geological Survey (USGS), the average U.S. spot prices for silicon in April 2021 was 9% more than the average price in March 2021 and around 49% high than the prices in April 2020. Thus, with high rise in the prices of silicon material, the overall production cost increases and creates a final burden on the consumer, thereby affecting the growth and demand in the market. Thus, owing to a high rise in raw material price factor, the silicon-rich silicon nitride films market faces slowdown and hamper.

Silicon-Rich Silicon Nitride Films Industry Outlook

The Silicon-Rich Silicon Nitride Films market's top 10 companies include:

  1. Acro New Materials Co. Ltd.
  2. Head Biotechnology Co. Ltd.
  3. Suzhou In-Situ Chip Technology
  4. Norcana
  5. Hindawi
  6. Silicon Valley Microelectronics
  7. TED PELLA, Inc.
  8. Veryst
  9. Agar Scientific Ltd.
  10. Beijing Beike 2D Materials Co.,Ltd.

Relevant Reports

Silicone Market - Forecast(2022 - 2027)

Report Code: CMR 0236

Conductive Silicone Market - Forecast(2022 - 2027)

Report Code: CMR 66523

Atomic Layer Deposition Market - Forecast(2022 - 2027)

Report Code: ESR 0107

For more Chemicals and Materials Market reports, please click here

1. Silicon-Rich Silicon Nitride Films Market - Market Overview
    1.1 Definitions and Scope
2. Silicon-Rich Silicon Nitride Films Market - Executive Summary
    2.1 Key Trends by Deposition Process
    2.2 Key Trends by Application
    2.3 Key Trends by End-Use Industry
    2.4 Key Trends by Geography
3. Silicon-Rich Silicon Nitride Films Market – Comparative analysis
    3.1 Market Share Analysis- Major Companies
    3.2 Product Benchmarking- Major Companies
    3.3 Top 5 Financials Analysis
    3.4 Patent Analysis- Major Companies
    3.5 Pricing Analysis (ASPs will be provided)
4. Silicon-Rich Silicon Nitride Films Market - Startup companies Scenario Premium Premium
    4.1 Major startup company analysis:
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Product portfolio
        4.1.4 Venture Capital and Funding Scenario
5. Silicon-Rich Silicon Nitride Films Market – Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing Business Index
    5.3 Successful Venture Profiles
    5.4 Customer Analysis – Major companies
6. Silicon-Rich Silicon Nitride Films Market - Market Forces
    6.1 Market Drivers
    6.2 Market Constraints
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Buyers
        6.3.3 Threat of New Entrants
        6.3.4 Competitive Rivalry
        6.3.5 Threat of Substitutes
7. Silicon-Rich Silicon Nitride Films Market – Strategic Analysis
    7.1 Value/Supply Chain Analysis
    7.2 Opportunity Analysis
    7.3 Product/Market Life Cycle
    7.4 Distributor Analysis – Major Companies
8. Silicon-Rich Silicon Nitride Films Market – By Deposition Process (Market Size - $Million/Billion)
    8.1 Physical Vapor Deposition
    8.2 Plasma Enhanced Vapor Deposition
    8.3 Atomic Layer Deposition
    8.4 Low Pressure Chemical Vapor Deposition
    8.5 Atmospheric Chemical Vapor Deposition
    8.6 Other
9. Silicon-Rich Silicon Nitride Films Market – By Application (Market Size - $Million/Billion
    9.1 RF Circuits
    9.2 Semiconductor
    9.3 Micromechanics
    9.4 Solar Cell
    9.5 Image Sensors
    9.6 Optoelectronic Devices
    9.7 Others
10. Silicon-Rich Silicon Nitride Films Market - By End-Use Industry (Market Size - $Million/Billion)
    10.1 Aerospace
    10.2 Electrical and Electronics
        10.2.1 Consumer Electronics
        10.2.2 Optoelectronics
        10.2.3 Other
    10.3 Energy and Power
    10.4 Automotive
        10.4.1 Passenger Vehicle
        10.4.2 Commercial Vehicle 
    10.5 Others
11. Silicon-Rich Silicon Nitride Films Market - By Geography (Market Size - $Million/Billion)
    11.1 North America
        11.1.1 USA
        11.1.2 Canada
        11.1.3 Mexico
    11.2 Europe
        11.2.1 UK
        11.2.2 Germany
        11.2.3 France
        11.2.4 Italy
        11.2.5 Netherlands
        11.2.6 Spain
        11.2.7 Russia
        11.2.8 Belgium
        11.2.9 Rest of Europe
    11.3 Asia-Pacific
        11.3.1 China
        11.3.2 Japan
        11.3.3 India
        11.3.4 South Korea
        11.3.5 Australia and New Zeeland
        11.3.6 Indonesia
        11.3.7 Taiwan
        11.3.8 Malaysia
        11.3.9 Rest of APAC
    11.4 South America
        11.4.1 Brazil
        11.4.2 Argentina
        11.4.3 Colombia
        11.4.4 Chile
        11.4.5 Rest of South America
    11.5 Rest of the World
        11.5.1 Middle East
            11.5.1.1 Saudi Arabia
            11.5.1.2 UAE
            11.5.1.3 Israel
            11.5.1.4 Rest of the Middle East
        11.5.2 Africa
            11.5.2.1 South Africa
            11.5.2.2Nigeria
            11.5.2.3Rest of Africa
12. Silicon-Rich Silicon Nitride Films Market – Entropy
    12.1 New Product Launches
    12.2 M&As, Collaborations, JVs and Partnerships
13. Silicon-Rich Silicon Nitride Films Market – Industry/Competition Segment Analysis Premium
    13.1Company Benchmarking Matrix – Major Companies
    13.2 Market Share at Global Level - Major companies
    13.3 Market Share by Key Region - Major companies
    13.4 Market Share by Key Country - Major companies
    13.5 Market Share by Key Application - Major companies
    13.6 Market Share by Key Product Type/Product category - Major companies
14. Silicon-Rich Silicon Nitride Films Market – Key Company List by Country Premium Premium
15. Silicon-Rich Silicon Nitride Films Market Company Analysis - Business Overview, Product Portfolio, Financials and Developments
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10 and more
* "Financials would be provided to private companies on best-efforts basis."

LIST OF TABLES

1.Global Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 ($M)
2.Global Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
3.Global Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 (Volume/Units)
4.Global Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 (Volume/Units)
5.North America Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 ($M)
6.North America Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
7.South America Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 ($M)
8.South America Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
9.Europe Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 ($M)
10.Europe Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
11.APAC Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 ($M)
12.APAC Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)
13.MENA Silicon-Rich Silicon Nitride Films Market, by Type Market 2019-2024 ($M)
14.MENA Silicon-Rich Silicon Nitride Films Market Analysis and Forecast by Type and Application Market 2019-2024 ($M)

LIST OF FIGURES

1.US Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
2.Canada Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
3.Mexico Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
4.Brazil Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
5.Argentina Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
6.Peru Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
7.Colombia Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
8.Chile Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
9.Rest of South America Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
10.UK Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
11.Germany Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
12.France Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
13.Italy Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
14.Spain Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
15.Rest of Europe Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
16.China Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
17.India Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
18.Japan Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
19.South Korea Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
20.South Africa Global Silicon-Rich Silicon Nitride Films Industry Market Revenue, 2019-2024 ($M)
21.North America Global Silicon-Rich Silicon Nitride Films Industry By Application
22.South America Global Silicon-Rich Silicon Nitride Films Industry By Application
23.Europe Global Silicon-Rich Silicon Nitride Films Industry By Application
24.APAC Global Silicon-Rich Silicon Nitride Films Industry By Application
25.MENA Global Silicon-Rich Silicon Nitride Films Industry By Application