Asia-Pacific Semiconductor Materials Market Trends

Statistics for the 2023 & 2024 Asia-Pacific Semiconductor Materials market trends, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Semiconductor Materials trend report includes a market forecast to 2029 and historical overview. Get a sample of this industry trends analysis as a free report PDF download.

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Corporate License

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Market Trends of Asia-Pacific Semiconductor Materials Industry

Silicon Segment to Witness Significant Growth

  • Modern electronic devices are manufactured with resistors, diodes, transistors, and integrated circuits made of semiconductor materials. Silicon is one of the most used semiconductors in power electronic components such as diodes, thyristors, IGBT, and MOSFET transistors, among others. Semiconductor materials such as Silicon can conduct electricity at high temperatures, unlike metals, which lose their electrical charge with heat.
  • The major advantages of semiconductors based on Silicon are a long life cycle, smaller volume, lightweight, simple production, great mechanical strength, lower supplying power, and economical production. Also, the physical properties of Silicon contribute to its popularity and usage as a semiconductor material.
  • The Ministry of Electronics and Information Technology of India, in January 2022, approved a comprehensive program for developing a sustainable semiconductor and display ecosystem in the country at INR 76,000 (~USD 935.5). The program aims to provide attractive incentive support to companies/consortia engaged in Silicon Semiconductor Fabs, Display Fabs, Compound Semiconductors / Silicon Photonics / Sensors (including MEMS) Fabs, Semiconductor Packaging (ATMP / OSAT), and Semiconductor Design.
  • In addition, Silicon materials used in 5G, beyond 5G, and electronic vehicles might meet the demand for emerging technologies. WideBandgap (WBG) power semiconductors, such as gallium nitride (GaN) and silicon carbide (SiC), with higher breakdown fields, thermal conductivity, and electron saturation velocities than silicon, are expected to become major materials for the next generation of power electronic devices.
Asia-Pacific Semiconductor Materials Market: Production volume of silicon in India from 2010 to 2021 (in 1,000 metric tons)

Consumer Electronics to Grow at a Considerable Pace

  • The increasing popularity and affordability of consumer electronics are influencing the growth of semiconductor materials. Consumer electronics such as laptops, tablets, mobile phones, and smartwatches require complex implementations of semiconductor materials, driving the market growth of the consumer electronics segment.
  • According to Asia Times in March 2022, Japan's New Energy and Industrial Technology Development Organization (NEDO) has launched a project aimed at reducing energy losses in power management devices by 50% by 2030 and reducing the cost of mass production of silicon carbide (SiC) power semiconductors. It also plans to develop advanced gallium nitride (GaN) devices.
  • Furthermore, according to the Ministry of Electronics, in April 2022, India will require approximately USD 70-80 billion in semiconductors in order to manufacture electronics valued at USD 300 billion by 2026. Moreover, the government plans to achieve the goal of setting a semiconductor ecosystem in India based on demand across the globe.
  • Considering the growing demand for power devices across various sectors, mainly in consumer electronics, the vendors operating in the market are increasingly focusing on new product development. For instance, recently, Lam Research Corp. announced Syndion GP, a new product that, according to the company, provides deep Silicon capabilities to chipmakers developing next-generation power devices and more.
  • Gallium Nitride (GaN) is a next-generation semiconductor material with characteristics that make it ideal to use in the devices used to charge mobile devices and other consumer electronics. The material delivers efficient AC/DC power conversion compared to traditional silicon devices, reducing wasted energy during charging, and decreasing life cycle environmental impacts. This is driving the demand for semiconductor materials in the consumer electronics industry.
Asia-Pacific Semiconductor Materials Market: Value of consumer electronics production in India from financial year 2018 to 2021 (in INR billion)

Asia Pacific Semiconductor Materials Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)