Silicon Germanium Materials Market Size, Share, and COVID-19 Impact Analysis, By End-Use Industry (Consumer Electronics, Automotive, Telecommunication Industry, Aerospace Industry, Solar Industry, Others) and Regional Forecast, 2024-2032

Silicon germanium is an alloy that consists of any particular molar ratio of germanium and silicon. Silicon germanium is manufactured on silicon wafers with help of conventional silicon processing toolsets. It empowers the more faster and efficient manufacturing of devices with help of smaller, less noisy circuits. The use of silicon germanium also increases the battery life of handheld devices such as smartphones or tablets by consuming less power. Moreover, Silicon germanium (SiGe) is majorly used as a semiconductor material in the fabrication of SiGe heterojunction bipolar transistors and strained silicon metal-oxide-semiconductor (MOS) transistors to advanced bipolar complementary metal-oxide-semiconductor (BiCMOS) technologies.

The global silicon germanium materials market is expected to witness significant growth due to increasing demand for cell phones, laptops, portable TVs, and more in the consumer electronics and automotive industries, and increasing government policies on fuel economy is expected to drive the growth of the market.

Impact of COVID-19 on the Silicon Germanium Materials Market

The outbreak of the COVID-19 pandemic in 2020 and the strict government regulations imposed on many developed and developing countries have disrupted the supply chain. Restrictions on people’s movements led to a significant delay in the arrival of raw materials, disrupted cash flow, and increased the number of absentees among manufacturing workers. These factors have affected the electronic, automotive, telecommunication, and other end-use industries, as well as a number of their suppliers. In 2021 after the relaxation of the restrictions the end-use industries gradually began to recover. This has also aided the silicon germanium materials markets are expected to continue during the forecast period.

Key Insights

The report will cover the following key insights:

• Key Trends in the silicon germanium materials market


• New Advancements in Production Technologies


• New Product Launches, Expansions of the Silicon Germanium Materials market


• Government Initiatives regarding mining activities


• Impact of COVID-19 on the silicon germanium materials market

Analysis by End-Use

The consumer electronics segment is expected to witness significant growth during the forecast period due to increased demand for silicon germanium materials for the making of cellphones, laptops, TVs, and more. Silicon germanium materials have growing demand because of their favorable properties such as electrical, physical, optical, and thermoelectric properties.

Growth in the smartphone and laptop demand is positively impacting the market during the forecast period. Moreover, the High adoption of electric vehicles is also penetrating the consumption of silicon germanium materials in the battery. Thus, the growth of the automotive industry is projected to create opportunities for the silicon germanium materials market across the globe.

Regional Analysis

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Asia Pacific is expected to hold the largest market share in the silicon germanium materials market and dominates the market growth during the forecast period. The increasing usage in numerous end-use sectors such as consumer electronics, telecommunication, automotive, aerospace, and more in the region is likely to fuel the growth of the market. Asia Pacific is the leader in manufacturing battery electrolytes for EV lithium-ion batteries. New EVs sales surpassed 1 million units in 2017 across the globe as per the International Energy Agency (IEA, 2018). The total stock of electric cars crosses 3 million vehicles, and China only occupies the largest portion at around 40% of the total in the world. Additionally, Moreover, the growing population in china and rising economic growth are likely driving the growth of the silicon germanium materials market in this region.

Key Players Covered

• The report will include the profiles of key players such as IBM Corporation, Hitachi Ltd., Analog Devices, NXP Semiconductors NV, Tower Semiconductor Ltd., Skyworks Solutions, Inc., Infineon Technologies, IHP Microelectronics GmbH, Toshiba Corporation and others.

Segmentation

Key Industry Developments

• In February 2022, Tower Semiconductor Ltd. was acquired by Intel Corporation for USD 5.4 Billion. These developments accelerate Intel’s global, end-to-end foundry business. The company Tower has expertise in specialty technologies including radio frequency (RF), power, silicon-germanium (SiGe) and industrial sensors, and more.


• In July 2020, Analog Devices, Inc. (ADI) completed the acquisition of Maxim Integrated Products, Inc. With this acquisition, ADI Company strengthened its analog semiconductor leadership. Such acquisition helps the company to expand its product portfolio including silicon germanium materials across the globe.