Epitaxy Deposition Market Size, Share, Opportunities, And Trends By Technique (Liquid Phase Epitaxy, Vapor Phase Epitaxy, Molecular Beam Epitaxy), By Application (Nanotechnology, Semiconductor Fabrication), And By Geography - Forecasts From 2025 To 2030

The global epitaxy deposition market is estimated to reach US$3,326.964 million by 2030, growing at a CAGR of 7.60%, from US$2,306.538 million in 2025.

Epitaxy deposition is the process through which crystals are grown or materials are deposited. This process offers multiple benefits to the manufacturers of semiconductors and nanotechnologies, as it helps in enabling a high-quality and high-purity layer of the material. The growth of the automotive and electronics sector will boost the global epitaxy deposition market. The automotive and electronic sectors are among the biggest consumers of semiconductors and nanotechnologies, which use epitaxy deposition to further improve the technology available.

The total production of automobiles expanded significantly over the past few years. The total automotive produced in 2021 was recorded at about 80.004 million units, which grew to 84.830 million units in 2022.  In 2023, this figure was recorded at about 93.546 million units, as stated by the International Organization of Motor Vehicle Manufacturers (OICA).

The global epitaxy deposition market is estimated to grow at a steady rate during the forecast period. The increasing demand for semiconductors worldwide is propelling the market forward.

Furthermore, increasing investments in the electronics and technological landscape are also anticipated to ensure the global epitaxy deposition market’s growth.

What are the global epitaxy deposition market growth drivers?

• Increasing global demand for semiconductors

One of the major factors driving the epitaxy deposition market is the increasing demand for semiconductors. In the semiconductor industry, epitaxy deposition plays an important role in the development of the technology. This process allows the growth of a thin crystal layer during the semiconductor fabrication process.

The global demand for semiconductors has grown significantly over the past few years, majorly due to the increase in the demand for electronics products. The Semiconductor Industry Association (SIA) , in its press release, stated that the global sales of semiconductor industries in July 2024 reached US$51.3 billion, which increased massively by about 18.7% from July 2023, when the total monthly sales were recorded at about US$43.2 billion. The Americas region witnessed a major increase of about 40.1% in year-to-year sales in July 2024, followed by a 19.5% increase in China and a 16.7% increase in the Asia Pacific/Others regions. 

• Increasing demand for demand for semiconductor epitaxial wafers

The demand for semiconductor epitaxial wafers is increasing because component makers need to regularly enhance their devices to produce advanced and faster electronic systems affordably. This situation prompts great precision needed in wafer making because components’ miniaturization is increasing.

Further, there’s more silicon available on the market today than before since the technology has improved significantly. For this reason, growing financing and investment in semiconductors have allowed for semiconductor epitaxial wafers to be incorporated into them, which is expected to increase their requirements within areas such as microelectronics technology or integrated circuit fabrication. Navitas Semiconductor proclaimed that they began their strategic series of substitutions in May 2023 as they ensured coherence, reduced costs, and raised the earnings potentiality for GeneSiC silicon carbide (SiC) power transistors. An initial investment of $20 million enabled a three-reactor SiC epi-growth plant to come into existence. By 2024, it is expected that the initial AIXTRON G10-SiC epitaxy reactor with a 6” and 8” wafer capacity will have been fully validated and launched into production.

Furthermore, in 2022, worldwide semiconductor sales rose by 3.2% to reach $574.1 billion, building on the cemented record $555.9 billion sales achieved in 2021, according to the Semiconductor Industry Association. The report focused on the most profitable countries as far as product exports are concerned.

What are the key geographical trends shaping the global epitaxy deposition market?

• The Asia Pacific region is expected to witness significant growth in the global epitaxy deposition market.

A key driver for the increase in demand for epitaxy deposition in the Asia Pacific market is primarily due to its rising electronics industry and the government advancement of electric vehicles (EVs). The epitaxy deposition has grown in popularity as the automotive industry expanded significantly. Moreover, the Asia Pacific countries have also witnessed the development of semiconductor technology-backed innovation and advancement in epitaxy deposition utilization in power electronics and industrial electronics.

Japan is expected to grow consistently in the epitaxy deposition market during the forecasted period. The country is a global electronics leader and is encountering a surge in demand for epitaxy deposition as the demand for electronics grows. This demand will increase the requirement for more advanced semiconductor components that utilize epitaxy deposition. In addition, Japan has been at the forefront of compound semiconductors, which provide excellent performance characteristics for power electronics, high-frequency devices, and industrial electronic components.

According to the data reported by the Japan Electronics and Information Technology Industries Association (JEITA) source presented by the Ministry of Economy, Trade and Industry (METI), the production of the Japanese electronics industry witnessed an overall increment in May 2024 of 111.8% in comparison with 2023 which is equal to Yen 862,651 million in amount. Moreover, it is divided broadly into consumer electronic equipment, industrial electronic equipment, and electronic components and devices valued at yen 30,887 million, yen 237,360 million, and yen 594,404 million, respectively, as of May 2024.

In addition, electronic devices amounted to yen 339,582 million, and discrete semiconductors amounted to yen 79,373 million. Thus, this will positively impact Japan’s epitaxy deposition market in the coming years.  Furthermore, the transition to electric vehicles is driving the requirement for power electronics like inverters and motor controllers that rely on epitaxy deposition. They could also provide efficient power conversion and management systems required by the rising adoption of renewable energy sources, such as solar and wind power with etched materials and generic epitaxy-deposited materials, leading to market growth.

Moreover, Japan's epitaxy deposition market is predicted to be substantially accelerated by the development of new products and strategic collaborative innovations by Japanese key market players and other organizations. For instance, in March 2022, Novel Crystal Technology, Inc., in partnership with Taiyo Nippon Sanso Co., Ltd. and Tokyo University of Agriculture and Technology, accomplished the world's first effective epitaxial deposition of gallium oxide on a 6-inch wafer utilizing the halide vapor phase epitaxy (HVPE) strategy. This accomplishment is part of NEDO's "Strategic Energy Conservation Technology Innovation Program" and focuses on decreasing power device prices and incrementing energy savings for next-generation EVs.

The Global Epitaxy Deposition Market is analyzed into the following segments:

• By Technique
  • Liquid Phase Epitaxy
  • Vapor Phase Epitaxy
  • Molecular Beam Epitaxy
• By Application
  • Semiconductor Fabrication
  • Nanotechnology
• By Geography
  • North America
    • USA
    • Others
  • South America
  • Europe
    • United Kingdom
    • Germany
    • France
    • Others
  • Middle East and Africa
  • Asia Pacific Region
    • Japan
    • China
    • South Korea
    • Taiwan
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base and Forecast Years Timeline

1.8. Key benefits for the stakeholders

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Process

3. EXECUTIVE SUMMARY

3.1. Key Findings

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. The Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. GLOBAL EPITAXY DEPOSITION MARKET BY TECHNIQUE

5.1. Introduction

5.2. Liquid Phase Epitaxy

5.3. Vapor Phase Epitaxy

5.4. Molecular Beam Epitaxy

6. GLOBAL EPITAXY DEPOSITION MARKET BY APPLICATION

6.1. Introduction

6.2. Semiconductor Fabrication

6.3. Nanotechnology

7. GLOBAL EPITAXY DEPOSITION MARKET BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Technique

7.2.2. By Application

7.2.3. By Country

7.2.3.1. United States

7.2.3.2. Others

7.3. South America

7.3.1. By Technique

7.3.2. By Application

7.4. Europe

7.4.1. By Technique

7.4.2. By Application

7.4.3. By Country

7.4.3.1. United Kingdom 

7.4.3.2. Germany 

7.4.3.3. France

7.4.3.4. Others

7.5. Middle East and Africa

7.5.1.1. By Technique

7.6. Asia Pacific

7.6.1. By Technique

7.6.2. By Application

7.6.3. By Country

7.6.3.1. Japan

7.6.3.2. China

7.6.3.3. South Korea

7.6.3.4. Taiwan

7.6.3.5. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Episil-Precision Inc. 

9.2. Alfa Chemistry 

9.3. ASM International  N.V.

9.4. Infineon 

9.5. SVT Associates 

9.6. Applied Materials 

9.7. CSD Epitaxy (Thermco Systems) 

9.8. MKS Instruments 

9.9. Tokyo Electron Ltd. 

9.10. k-Space Associates Inc. 

9.11. Epiluvac 

9.12. CVD Equipment Corporation 

Episil-Precision Inc. 

Alfa Chemistry 

ASM International  N.V.

Infineon 

SVT Associates 

Applied Materials 

CSD Epitaxy (Thermco Systems) 

MKS Instruments 

Tokyo Electron Ltd. 

k-Space Associates Inc. 

Epiluvac 

CVD Equipment Corporation