Molecular Beam Epitaxy Market Size is valued at USD 97.6 million in 2023 and is predicted to reach USD 188.2 million by the year 2031 at an 8.7% CAGR during the forecast period for 2024-2031.
Molecular beam epitaxy (MBE) allows for the precise and controlled deposition of tiny portions of numerous substances at anatomical levels on a supporting material. For the creation of superior crystallized films, it is extensively used in nanomaterials research and the electronics sector. Legislation pertaining to the electronics sector has been strengthened, which is good news for the sector's expansion. It is also predicted that stable governance and politics will increase consumer interest in developed as well as emerging nations. There are expectations that the industry will grow due to the consistent rise in the electronics sector's interest and increasing expenditures made by large corporations to implement cutting-edge technology. The industry is expected to develop thanks to the latest and most sophisticated semiconductor technologies. Furthermore, industry manufacturers are striving to develop technologies that are more cost-effective, efficient, and effortlessly customizable. All of these are predicted to contribute to the industry's continued expansion.
However, the industry expansion is being hindered by the high initial expenses associated with acquisition and deployment. Resources and energy are abundant in the molecular beam epitaxy process. Comparatively speaking, with different thin-film lamination methods, running MBE technologies can demand specialist tools, a higher vacuum, and knowledgeable staff. In order to satisfy the rising need for powerful electrical and optical devices, emerging and sophisticated techniques must constantly be developed. The electronics sector is changing quickly.
Furthermore, the demand for MBE systems is heavily reliant on the electronics industry, which is susceptible to contractions in the economy, such as the COVID-19 pandemic. The industry for MBE systems has been impacted by the epidemic's disruption of the global logistics network and the drop in the popularity of electrical and optical equipment. The industry also faces difficulties because of the strict regulatory laws and rules governing the creation and utilization of electrical and optical equipment. In addition to raising manufacturing expenses, the rules and procedures may make it more challenging for producers to meet requirements.
The molecular beam epitaxy market is segmented based on application and product. The application segment includes semiconductor devices, optoelectronic devices, solar cells, and others. By product, the market is segmented into normal MBE and laser MBE.
The multicore fiber molecular beam epitaxy market will hold a major global market share in 2023. Laser MBE specializes in generating intricate substance mechanisms, including but not limited to hybrid materials and substances with significant differences. The better oversight offered by lasers makes precise component management and optimized structure achievable. Furthermore, laser MBE is used in the fabrication of nanomaterials, such as dots of light, tiny wires, and nanopatterned materials. Certain unique properties of these structures are critical for many applications, including electronic devices and computational science. This is, therefore, anticipated to fuel the growth of the industry.
The telecommunication industry uses the bulk of molecular beam epitaxy due to their exceptional frequent appearance efficiency; these devices are used in wireless transmission, satellites, and radar-based systems. Epitaxial materials for Lights and optical displays are made in the optoelectronics industry using MBE. Integrating optical fibers, regulators, and sensors is made possible by combined optoelectronic electronics, which are used in optical interaction, exchange of information, and monitoring.
The Asia Pacific molecular beam epitaxy market is expected to register the most heightened market share in revenue in the near future. This can be attributed to this area's concentration of top industries, laboratories, and university organizations. Furthermore, the industry for molecular beam epitaxy systems in that area is anticipated to develop due to the transistor sector's increased use of modern technology and the rising need for efficient electronic products. In addition, Europe is predicted to grow rapidly in the global molecular beam epitaxy industry because of the area's focus on technological advancement, the growth of the need for superior mechanical and optical components, and the binding agreements that exist with business, politics, and academia. Semiconductor manufacturing companies highly value technological advancement and investigation.
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Report Attribute |
Specifications |
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Market Size Value In 2023 |
USD 97.6 Mn |
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Revenue Forecast In 2031 |
USD 188.2 Mn |
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Growth Rate CAGR |
CAGR of 8.7% from 2024 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2024 to 2031 |
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Historic Year |
2019 to 2023 |
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Forecast Year |
2024-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Product, Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
Veeco Instruments Inc, Luminex Corporation, Riber S.A, Scienta Omicron GmbH, SVT Associates, Inc, DCA Instruments BV, Molecular Vista, Wolfspeed, Inc, Moorfield Nanotechnology Limited, Applied Materials Inc, Pascal Co. Ltd, Dr. Eberl MBE-Komponenten GmbH, SemiTEq JSC, Prevac, and CreaTec Fischer & Co. GmbH. |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Molecular Beam Epitaxy (MBE) Market Snapshot
Chapter 4. Global Molecular Beam Epitaxy (MBE) Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Application Estimates & Trend Analysis
5.1. by Application & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Application:
5.2.1. Benzene
5.2.2. Toluene
5.2.3. Xylene
5.2.4. Styrene
5.2.5. Phenol
5.2.6. Others
Chapter 6. Market Segmentation 2: by Product Estimates & Trend Analysis
6.1. by Product & Market Share, 2019 & 2031
6.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Product:
6.2.1. Normal MBE
6.2.2. Laser MBE
Chapter 7. Molecular Beam Epitaxy (MBE) Market Segmentation 3: Regional Estimates & Trend Analysis
7.1. North America
7.1.1. North America Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.1.2. North America Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Product, 2023-2031
7.1.3. North America Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.2. Europe
7.2.1. Europe Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.2.2. Europe Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Product, 2023-2031
7.2.3. Europe Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.3. Asia Pacific
7.3.1. Asia Pacific Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.3.2. Asia Pacific Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Product, 2023-2031
7.3.3. Asia Pacific Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.4. Latin America
7.4.1. Latin America Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.4.2. Latin America Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Product, 2023-2031
7.4.3. Latin America Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
7.5. Middle East & Africa
7.5.1. Middle East & Africa Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Application, 2023-2031
7.5.2. Middle East & Africa Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by Product, 2023-2031
7.5.3. Middle East & Africa Molecular Beam Epitaxy (MBE) Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 8. Competitive Landscape
8.1. Major Mergers and Acquisitions/Strategic Alliances
8.2. Company Profiles
8.2.1. Veeco Instruments Inc.
8.2.2. Luminex Corporation
8.2.3. Riber S.A
8.2.4. Scienta Omicron GmbH
8.2.5. SVT Associates, Inc
8.2.6. DCA Instruments BV
8.2.7. Molecular Vista
8.2.8. Wolfspeed, Inc.
8.2.9. Moorfield Nanotechnology Limited
8.2.10. Applied Materials Inc.
8.2.11. Pascal Co. Ltd.
8.2.12. Dr. Eberl MBE-Komponenten GmbH
8.2.13. SemiTEq JSC
8.2.14. Prevac
8.2.15. CreaTec Fischer & Co. GmbH
8.2.16. Other Prominent Players
By Application-
Molecular Beam Epitaxy Market By Product-
Molecular Beam Epitaxy Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
