Graphene Wafers Market Overview
Graphene Wafers market size is forecast to reach $45.8 Million by 2027, growing at a CAGR of 7.3% from 2022 to 2027. Graphene wafers formed on quartz and silicon or silicon dioxide substrate, are capable of serving a broad range of applications including micro electro mechanical systems, photonics, and so on. Due to high potential of graphene films in photonic devices, alongside its suitability in radio frequency (RF) applications, particularly in RF MOSFET, without requirement of complete switching is eventually aiding the market growth of graphene wafers. Growing focus on graphene based electronics, increased number of research & development projects including academic, industrial or governmental, as well as significant adoption of chemical vapor deposition techniques for graphene wafer production, can also be considered vital in driving the market growth forward. Furthermore, rising advancement towards innovating graphene wafer fabrication techniques, governmental strategies to commercialize graphene materials, growing demand for high-end smartphones, laptops and wearables and many others are set to accelerate the graphene wafer industry growth in the long run.
The report: “Graphene Wafers Outlook – Forecast (2022-2027)”, by IndustryARC covers an in-depth analysis of the following segments of the Graphene Wafers industry.
Dioxide (Si/SiO2), Quartz, Others
By Dopant Type: N-type, P-type, Others
By Wafer Size: 4 inch (100 mm), 6 inch (150 mm), 8 inch (200 mm), Others
By Growth Method: CVD (Chemical Vapor Deposition), CZ (Czochralski), Others
By Application: MEMS (Micro Electro Mechanical Systems), NEMS (Nano Electro Mechanical Systems), Photodetectors, Transistors, Sensors, Photonics, Others
By End User: Electronics & Semiconductor, Research, Others
By Geography: North America (U.S, Canada, Mexico), Europe (U.K, Germany, France, Italy, Spain, Others), APAC (China, Japan, South Korea, India, Australia, Others), South America (Brazil, Argentina, Others), RoW (Middle East, Africa)
- Graphene Wafer on Silicon/Silicon Dioxide (Si/SiO2) substrate market is expected to witness fastest growth with the CAGR of 8.2% from 2022 to 2027, attributing to its advantages like stronger adhesion and improved electronic mobility performances.
- Research sector is anticipated to grow with the highest CAGR of 9.5% during 2022-2027 in the global graphene wafers market, due to growing number of research activities for graphene electronics industry.
- APAC Graphene Wafers market held the largest share of 39% in 2021, owing to increased R&D activities towards graphene wafers and rise of semiconductor manufacturing.
- Increasing demand for high-end smartphones, laptops, wearables and others along with significant advancement in graphene wafer scale fabrication methods or techniques is analyzed to significantly drive the global Graphene Wafers market during the forecast period 2022-2027.
Graphene Wafers Market Value Share, by Region, 2021 (%)
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Graphene Wafers Market Segment Analysis- By Substrate
Silicon/Silicon Dioxide (Si/SiO2) substrate is analyzed to grow with the highest CAGR of 8.2% in the global graphene wafers market during the forecast period 2022-2027. Adoption of silicon or silicon dioxide (SI/SiO2) substrate for graphene wafer fabrication offers advantages like improved electron mobility performance, strong adhesion, requirement of low processing temperatures and so on, which acts as some of the vital factors driving the market growth of graphene wafers. . Due to topography and chemical purity of the Si wafer, as well as using chemical vapor deposition (CVD) synthesis, there is successful growth of graphene monolayers or stacks, which in turn is fuelling the market growth of silicon substrate in graphene wafer development. Increasing demand for graphene based photonic devices, along with significant growth of wafer-scale uses of graphene in electronic applications, transistors, optoelectronic modulators and others have been driving the market growth forward. In January 2022, Archer Materials had revealed about its integration of a single atom thick graphene on a silicon wafer, which helped it to address a key nanotech challenge for biochip development. The company further stated that its shares surged as high as 29.13%, to A$1.33 after this successful integration of graphene with silicon electronics. These factors are set to contribute towards the market growth of silicon/silicon dioxide substrate-based graphene wafers in the long run.
Graphene Wafers Market Segment Analysis- By End User
Research sector is analyzed to witness the fastest growth with a CAGR of 9.5% in the global Graphene Wafers market during 2022-2027, owing to several factors including continuous research works on graphene electronics, growing initiatives towards developing advanced electronic devices utilizing graphene materials and many more. In addition, growing progress on fundamental research and industrial applications of graphene, rise in research activities related to graphene in quantum computing, innovating new processes or techniques for graphene fabrication and so on can be considered highly essential in propelling the growth for graphene wafers in research market overtime. In February 2021, Researchers from the Graphene Flagship project had revealed about the development of wafer-scale fabrication technique, to drive opportunities for the new generation telecommunication and datacom devices. The researchers stated that the single crystal graphene offers easy integration into silicon wafers, which extended its process compatibility with automated fabrication system, thus enabling mass production in the future. Such factors are further set to accelerate the market demand for graphene wafers in research use cases in the coming time.
Graphene Wafers Market Segment Analysis- By Geography
APAC region dominated the global graphene wafers market with the largest share of around 39% in 2021, and is also analyzed to witness a significant market growth during the forecast period 2022-2027. Factors including significant research and development activities on graphene wafers, growth of semiconductor manufacturing sector with emphasis on graphene electronics. In addition, growing adoption of graphene films as a transparent conductor for smartphones, tablets, smart TVs and others, rising dominance towards lighweight and innovative displays within consumer electronic products majorly, smartphones, tablets and others, and so on can be considered highly essential for boosting the market growth of graphene wafers overtime. In December 2020, the Shanghai Institute of Microsystems of the Chinese Academy of Sciences, had officially announced about its development of an 8-inch graphene single wafer, and achieved a stable small batch production. As per reports, the research institute will be conducting further studies for enabling mass production of graphene wafers, which intends to end the monopoly position of silicon-based chips. Moreover, continuous effort towards innovating or designing semiconductor chips, government initiatives to support development of carbon based materials or carbon composites, as well as growing demand for semiconductor chips in electronic devices, automative and related applications, is also intended to accelerate its market growth. According to India Electronics & Semiconductor Association (IESA), the Indian semiconductor market was valued at $27 billion in 2021, and is expected to reach $64 billion by 2026, growing at a CAGR of 16% from 2019 to 2026. Such factors can be considered vital in influencing the market demand towards graphene wafers within APAC region in the long run.
Graphene Wafers Market Drivers
Increasing demand towards high-end smartphones, laptops, wearables and so on, is positively impacting the market growth for graphene wafers
The increase in demand towards consumer electronic products like high-end smartphones, laptops, wearables and many others, can be considered as a major factor driving the market growth of graphene wafers. With growing consumer demands for these products, there is significant shift of device manufacturers to incorporate graphene as an alternative for serving application areas including memory devices, display screens, power charging, and so on. Moreover, transistors are considered as building blocks for all kind of electronic devices ranging from processors to displays, utilization graphene helps in enabling miniaturization of electronics. Significant trends like fast charging, lightweight designs, low power consumption, component miniaturization and many other features along with increased shift towards cheaper and powerful consumer electronics, have gained wide popularity among the consumers, which in turn is driving the need for manufacturers towards utilization of graphene films or materials overtime. In January 2021, Appear Inc. had revealed its plan about the launch of graphene battery smartphones, amidst the growing market competition. Incorporating graphene enhanced Li-ion batteries helps the manufacturer to provide fast charging times, longer lifespan as well as high capacity, maintaining a light flexible design. Such factors are set to assist the market growth for graphene wafers in the long run.
Growing advancement towards wafer scale fabrication techniques for graphene drives the market growth forward:
Advancement towards innovating new wafer scale fabrication techniques of graphene, act as a major factor driving the growth of graphene wafers market. Various research works or studies are being conducted from time to time in order to develop new fabrication methods or techniques, for advancing graphene wafer production processes. In addition, collaborative efforts towards introducing new methods through private-public partnerships, research study conducted from academic research institutes, and so on have been catering to its market growth. In August 2019, Materials researchers at North Carolina University announced its development of a technique which enabled them to pattern graphene, graphene oxide (GO) as well as reduced graphene oxide (rGO) onto silicon wafers under room temperature. The researchers had stated that this technique had led to the formation of atomically sharp p-n junctions between amorphous carbon and rGO, using nanosecond pulsed laser annealing and further revealed its plan on creation of ultrathin CMOS sensors and DRAM devices with the technique. These factors can be considered highly essential in boosting the market growth of graphene wafers overtime.
Graphene Wafers Market Challenges
Availability of substitutes like silicon, gallium nitride and others hamper the market growth of graphene wafers:
With availability of substitutes including silicon, gallium nitride and others, act as one of the major factors restraining the growth of graphene wafers market. Since silicon wafers are neither good conductor or good insulator, they can be used in a broad range of applications, unlike graphene ones. Usage of such wafers in semiconductor devices help in offering better accuracy, safety and compactness. In March 2022, According to China Times, 12-inch (300 mm) wafer prices can rise above $200 by 2024, alongside also revealed that all the established silicon wafer makers have already signed long-term contracts with their customers in order to lock pricing. This shows significant dominance of alternatives like silicon wafers in the market, thereby hampering the market demand for graphene wafers. Semiconductor materials like silicon and gallium nitride provide better electrical properties with wider band gaps, in comparison to graphene, which also raises its adoptability by the chip manufacturers. Moreover, high quality graphene can only be utilized for wafer production, compared to the available substitutes in the market, thus creating an adverse impact on its market growth overtime.
Graphene Wafers Market Landscape
Product launches, acquisitions, and R&D activities are key strategies adopted by players in the Graphene Wafers market. The Graphene Wafers market top 10 companies include:
- BGT Materials Ltd.
- Graphene Square
- Graphene Frontiers
- Grolltex Inc.
- ACS Material
- XG Sciences
- Graphensic AB
- In February 2021, AMO had revealed about conducting multi-wafer runs for graphene on large silicon wafers by the next year. This project will be a part of the 2D Experimental Production Line, meant for sensors, photonics as well as electronics applications.
- In December 2019, Graphenea announced about the launch of a highly flat monolayer graphene, which was grown by CVD on a 2” sapphire substrate. Targeted for applications including photonics, high-performance electronics, magnetic memory, as well as freestanding membranes, this product had extremely low roughness which is less than 4 nm.
- In March 2019, Cambridge University spinoff, Paragraf Ltd. had revealed its plan on starting off with the production of 200 mm diameter graphene wafers along with their first graphene electronic devices in the coming months.
Relevant Report Titles:
Graphene Electronics Market- Forecast (2022-2027)
Report Code: ESR 0240
Silicon Wafers Market- Forecast (2022-2027)
Report Code: ESR 0134
Graphene Market- Forecast 2022-2027
Report Code: CMR 84809
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