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The Diamond Semiconductor Substrates
Market size is forecast to reach US$2.8 billion by 2027,
growing at a CAGR of 12.8% from 2022-2027. The key aspect driving the market
is a substantial number of mechanical applications such as semiconductor chip
creation and development, mining applications, stone cleaning and cutting,
medical surgeries and others. In December
2019, Fujitsu developed a technology for growing a diamond film on the wafer
surface to boost the power amplifying applications. However, complex
manufacturing techniques and a lack of knowledge hamper the Diamond Substrates
Market.
Moreover, Diamond semiconductor substrates
improve electromagnetic spectrum utilization, thereby improving the performance
of military and defense cellular handsets, and satellite & wireless technologies.
As a result, in the defense and aerospace sectors, the demand for diamond
semiconductor substrates is continuously growing. In June 2019, HIC
Corporation’s released a diamond substrates-based transistor that is being
used in the defense industry for RF Energy, communication and other purposes.
North
America generated approximately 29% of the global revenues in the Diamond
Semiconductor Substrates industry in 2021. Growing demand for high-powered electronics and the rising applicability of diamond semiconductor substrates in a variety of industry
verticals are boosting the North American Diamond semiconductor substrates
market. In June 2020, Element Six launched DNV-B1, its first
commercially-available, general-purpose chemical vapor deposition quantum-grade
diamond substrate. These developments will increase the market size in the
region.
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Diamond Semiconductor Substrates Market Growth
Drivers:
Growing
Medical applications of diamond substrates especially in implants will continue
to drive the market demand
Diamond semiconductor substrates are one of the vital components in
Medical coating for implants. Their use in medical coatings in various
implantable medical devices drives the market growth. Growing advancements in
neurosurgical endoscopy devices and imaging technologies are expected to drive the
demand for diamond semiconductor substrates. Medical device coatings improve
the flexibility, lubricity, antimicrobial, drug-eluting, biocompatibility and
thromboresistance of medical devices. Manufacturers of catheters, stents,
cardiac arrest devices, epidural probes, guide wires, feeding tubes and other
devices are rapidly using diamond substrates because of their unique mechanical
properties. In February 2020, Biocoat Incorporated added HYDAK UV technology to
their existing medical device coatings, which provide UV protection to diamond
substrates which then can be used in neurovascular, cardiovascular and
peripheral vascular devices. These aforementioned factors will positively
influence the Diamond Semiconductor Substrates Industry Outlook over the
forecast period.
The
Major Players in this Market Include
Major players in the Diamond Semiconductor Substrates Market include Blue Wave, Semiconductor, Advanced Diamond Technologies, Fujitsu Laboratories Ltd., Cornes Technologies Ltd., Crystallume, Diamond Microwave Devices Limited and Element Six among others.
In January 2021, A joint research team led by the City University of Hong Kong demonstrated large, uniform tensile elastic straining of microfabricated diamond arrays for the first time using the nanomechanical approach. Its findings suggest that strained diamond substrates have the potential to be prime candidates for advanced functional devices in microelectronics, photonics and quantum information technologies.