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Monocrystalline Silicon Trends and Forecast
The future of the global monocrystalline silicon market looks promising with opportunities in the semiconductor and solar cell markets. The global monocrystalline silicon market is expected to reach an estimated $9.5 billion by 2030 with a CAGR of 7.3% from 2024 to 2030. The major drivers for this market are rising demand for solar energy and the market will benefit from the creation and use of thin film monocrystalline silicon materials, important prerequisite in the electronics industry, and increase in the use of industrial automation.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Monocrystalline Silicon by Segment
The study includes a forecast for the global monocrystalline silicon by product, application, and region.
Monocrystalline Silicon Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Monocrystalline Silicon Wafer
• Monocrystalline Silicon Rod
Monocrystalline Silicon Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Semiconductor
• Solar Cell
• Others
Monocrystalline Silicon Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Monocrystalline Silicon Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies monocrystalline silicon companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the monocrystalline silicon companies profiled in this report include-
• LONGI Silicon Materials
• MEMC
• Komatsu
• Wacker
• SUMCO
• Jinglong
• ShinEtsu
Monocrystalline Silicon Market Insights
Lucintel forecasts that monocrystalline silicon wafer will remain the larger segment over the forecast period because of its usage in the fabrication of integrated circuits, solar cells and other electronics.
APAC will remain the largest region over the forecast period because of rapid growth of the solar industry in the region.
Features of the Global Monocrystalline Silicon Market
Market Size Estimates: Monocrystalline silicon market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Monocrystalline silicon market size by product, application, and region in terms of value ($B).
Regional Analysis: Monocrystalline silicon market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product, application, and regions for the monocrystalline silicon market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the monocrystalline silicon market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the monocrystalline silicon market size?
Answer: The global monocrystalline silicon market is expected to reach an estimated $9.5 billion by 2030.
Q2. What is the growth forecast for monocrystalline silicon market?
Answer: The global monocrystalline silicon market is expected to grow with a CAGR of 7.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the monocrystalline silicon market?
Answer: The major drivers for this market are rising demand for solar energy and the market will benefit from the creation and use of thin film monocrystalline silicon materials, important prerequisite in the electronics industry, and increase in the use of industrial automation.
Q4. What are the major segments for monocrystalline silicon market?
Answer: The future of the global monocrystalline silicon market looks promising with opportunities in the semiconductor and solar cell markets.
Q5. Who are the key monocrystalline silicon market companies?
Answer: Some of the key monocrystalline silicon companies are as follows:
• LONGI Silicon Materials
• MEMC
• Komatsu
• Wacker
• SUMCO
• Jinglong
• ShinEtsu
Q6. Which monocrystalline silicon market segment will be the largest in future?
Answer: Lucintel forecasts that monocrystalline silicon wafer will remain the larger segment over the forecast period because of its usage in the fabrication of integrated circuits, solar cells and other electronics.
Q7. In monocrystalline silicon market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period because of rapid growth of the solar industry in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the monocrystalline silicon market by product (monocrystalline silicon wafer and monocrystalline silicon rod), application (semiconductor, solar cell, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Monocrystalline Silicon Market, Monocrystalline Silicon Market Size, Monocrystalline Silicon Market Growth, Monocrystalline Silicon Market Analysis, Monocrystalline Silicon Market Report, Monocrystalline Silicon Market Share, Monocrystalline Silicon Market Trends, Monocrystalline Silicon Market Forecast, Monocrystalline Silicon Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Monocrystalline Silicon Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Monocrystalline Silicon Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Monocrystalline Silicon Market by Product
3.3.1: Monocrystalline Silicon Wafer
3.3.2: Monocrystalline Silicon Rod
3.4: Global Monocrystalline Silicon Market by Application
3.4.1: Semiconductor
3.4.2: Solar Cell
3.4.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Monocrystalline Silicon Market by Region
4.2: North American Monocrystalline Silicon Market
4.2.2: North American Monocrystalline Silicon Market by Application: Semiconductor, Solar Cell, and Others
4.3: European Monocrystalline Silicon Market
4.3.1: European Monocrystalline Silicon Market by Product: Monocrystalline Silicon Wafer and Monocrystalline Silicon Rod
4.3.2: European Monocrystalline Silicon Market by Application: Semiconductor, Solar Cell, and Others
4.4: APAC Monocrystalline Silicon Market
4.4.1: APAC Monocrystalline Silicon Market by Product: Monocrystalline Silicon Wafer and Monocrystalline Silicon Rod
4.4.2: APAC Monocrystalline Silicon Market by Application: Semiconductor, Solar Cell, and Others
4.5: ROW Monocrystalline Silicon Market
4.5.1: ROW Monocrystalline Silicon Market by Product: Monocrystalline Silicon Wafer and Monocrystalline Silicon Rod
4.5.2: ROW Monocrystalline Silicon Market by Application: Semiconductor, Solar Cell, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Monocrystalline Silicon Market by Product
6.1.2: Growth Opportunities for the Global Monocrystalline Silicon Market by Application
6.1.3: Growth Opportunities for the Global Monocrystalline Silicon Market by Region
6.2: Emerging Trends in the Global Monocrystalline Silicon Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Monocrystalline Silicon Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Monocrystalline Silicon Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: LONGI Silicon Materials
7.2: MEMC
7.3: Komatsu
7.4: Wacker
7.5: SUMCO
7.6: Jinglong
7.7: ShinEtsu
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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