Phosphorene FET Market – By Type , By Power Rate , By Application , By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030

Report Code: ESR 0869 Report Format: PDF + Excel
  

Phosphorene FET Market Overview:

Phosphorene FET Market size is estimated to reach $84 million by 2030, growing at a CAGR of 35.5% during the forecast period 2024-2030. The rising demand for high-performance and energy-efficient electronics and high demand for the commercialization of phosphorene FETs are propelling the Phosphorene FET Market growth.

Additionally, the growing popularity of optoelectronics devices such as light-emitting diodes (LEDs), photodetectors and modulators are creating substantial growth opportunities for the Phosphorene FET Market. These factors positively influence the Phosphorene FET industry outlook during the forecast period.

 

Phosphorene FET Market - Report Coverage:

The “Phosphorene FET Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the Phosphorene FET Market.

 
Attribute Segment

By Type   

  • Single-layer Phosphorene FETs

  • Few-layer Phosphorene FETs

  • Heterostructure Phosphorene FETs

  • Strain-Engineered Phosphorene FETs

  • Functionalized Phosphorene FETs

By Power Rate  

  • High Power

  • Medium Power

  • Low Power

By Application

  • Energy & Power Consumer

  • Electronics

  • Automotive

  • Inverter & UPS

  • Industrial

  • Others

By Geography 

  • North America (U.S., Canada and Mexico)

  • Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), 

  • Asia-Pacific (China, Japan, South Korea, India, Australia & New Zealand and Rest of Asia-Pacific), 

  • South America (Brazil, Argentina, Chile, Colombia and Rest of South America)

  • Rest of the World (Middle East and Africa).
 

COVID-19 / Ukraine Crisis - Impact Analysis: 

 

  • The COVID-19 pandemic had a significant impact on the phosphorene FET market. It disrupted the global supply chain, making it more challenging and costly to acquire the necessary materials and equipment for phosphorene FET manufacturing. Furthermore, there was a decrease in demand for certain applications of phosphorene FETs, such as wearable electronics, due to the pandemic's effects.

  • The Ukraine crisis had a significant impact on the phosphorene FET market. It caused a shortage of neon gas, which was used in the production of phosphorene FETs. The shortage of neon gas resulted in an increase in the cost of phosphorene FETs. Additionally, the crisis led to a decrease in demand for certain applications of phosphorene FETs, such as military electronics.

Key Takeaways:

Fastest Growth Asia-Pacific Region

Geographically, in the global Phosphorene FET Market share, Asia Pacific is analyzed to grow with the highest CAGR of 40.6% during the forecast period 2024-2030. The region's expanding electronics industry, coupled with increasing investments in research and development, along with government initiatives promoting nanotechnology and emerging materials, have created a conducive environment for market growth. The presence of major market players, collaborations between academia and industry, and advancements in material synthesis techniques further contribute to the region's rapid expansion in the Phosphorene FET market.

 

Heterostructure Phosphorene FETs to Register the Fastest Growth

In the Phosphorene FET Market analysis, the Heterostructure Phosphorene FETs segment is estimated to grow with the highest CAGR during the forecast period. The combination of phosphorene with other 2D materials in a heterostructure design offers superior device performance, including enhanced carrier mobility and tunable bandgap. This unique configuration enables diverse applications in optoelectronics, sensors, and flexible electronics. Additionally, the compatibility of heterostructure Phosphorene FETs with existing semiconductor technologies facilitates their integration into established electronic systems.

 

 Low Power is Leading the Market

According to the Phosphorene FET Market forecast, the Low Power held the largest market share in 2023 owing to the increasing demand for energy-efficient electronics, such as mobile devices, wearables, and IoT devices, has propelled the adoption of low power rate technologies. Phosphorene FETs excel in this regard, offering ultra-low power consumption, efficient energy utilization, and improved battery life. Their ability to operate at lower voltages and still deliver excellent performance makes them highly attractive for power-sensitive applications. 

 

The Surging Demand for Energy-Efficient Electronics 

Phosphorene FETs offer excellent energy efficiency, with lower power consumption and reduced leakage current compared to traditional semiconductor devices. Their unique properties, such as high carrier mobility and tunable bandgap, enable the development of power-efficient devices without compromising performance. The increasing adoption of phosphorene FETs in applications such as mobile devices, IoT, and wearable electronics is fueling the market's growth as the demand for energy-efficient solutions continues to rise.

 

The Escalating Demand for High-Performance Electronics 

The escalating demand for high-performance electronics is driving the growth of the phosphorene FET market. With advancements in technology and increasing consumer expectations, there is a need for electronic devices that can deliver superior performance. Phosphorene FETs are gaining prominence due to their unique properties, such as high carrier mobility and tunable bandgap, which enable enhanced device performance. These FETs offer faster switching speeds, improved power efficiency, and higher integration capabilities.

 

High Costs of Manufacturing Hamper the Market Growth

The high cost of manufacturing poses a significant challenge to the growth of the phosphorene FET market. The complex synthesis processes and specialized equipment required for producing phosphorene FETs contribute to elevated manufacturing costs. Additionally, the scarcity and high cost of raw materials used in the fabrication of phosphorene FETs further add to the production expenses. These high manufacturing costs limit the affordability and accessibility of phosphorene FETs, hindering their widespread adoption across various industries.

 

Phosphorene FET Market Share (%) By Region, 2023

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Key Market Players:

Product/Service launches, approvals, patents and events, acquisitions, partnerships and collaborations are key strategies adopted by players in the Phosphorene FET Market. The top 10 companies in this industry are listed below:

1. Iris Light Technologies Inc. (Iris Light 100, Iris Light 200)

2. ACS Material (ACS-PFET, ACS-PLED)

3. V. Labs, Inc. (IV-PLED, IV-PFET)

4. 2Dsemiconductors (2DSP-PFET, 2DSP-PLED)

5. SAE International (SAE Phospherene Sensor)

6. Accumet Materials Co. ( Accumet PHASAR, Accumet PHENAX)

7. Mil-Spec Industries Corp.(Mil-Spec PHOENIX, Mil-Spec PHEONIX-X)

8. Nichia (Nichia PHOSPHOR, Nichia PHOSPHOR-X)

9. STREM CHEMICALS (STREM PHOSPHORENE, STREM PHOSPHORENE-X)

10.Noah Technologies (Noah PhosphoFET, Noah PhosphoFET-X)

 

Scope of the Report:

 
Report Metric  Details 

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

35.5%

Market Size in 2030

$84 million

Segments Covered

Type, Power Rate, Application and Region

Geographies Covered

North America (U.S., Canada and Mexico), Europe (Germany, France, UK, Italy, Spain, Russia and Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, Australia, New Zealand and Rest of Asia-Pacific), South America (Brazil, Argentina, Chile, Colombia and Rest of South America), Rest of the World (Middle East and Africa).

Key Market Players

  • Iris Light Technologies Inc.

  • ACS Material

  • I.V. Labs, Inc.

  • 2Dsemiconductors

  • SAE International

  • Accumet Materials Co.

  • Mil-Spec Industries Corp.

  • Nichia

  • STREM CHEMICALS

  • Noah Technologies

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1.      Phosphorene FET Market - Overview

1.1.   Definitions and Scope

2.      Phosphorene FET Market - Executive Summary

3.      Phosphorene FET Market - Comparative Analysis

3.1.   Company Benchmarking - Key Companies

3.2.   Global Financial Analysis - Key Companies

3.3.   Market Share Analysis - Key Companies

3.4.   Patent Analysis

3.5.   Pricing Analysis

4.      Phosphorene FET Market - Start-up Companies Scenario

4.1.   Key Start-up Company Analysis by

4.1.1.Investment

4.1.2.Revenue

4.1.3.Venture Capital and Funding Scenario

5.      Phosphorene FET Market – Market Entry Scenario Premium

5.1.   Regulatory Framework Overview

5.2.   New Business and Ease of Doing Business Index

5.3.   Case Studies of Successful Ventures

6.      Phosphorene FET Market - Forces

6.1.   Market Drivers

6.2.   Market Constraints

6.3.   Market Challenges

6.4.   Porter's Five Force Model

6.4.1.Bargaining Power of Suppliers

6.4.2.Bargaining Powers of Customers

6.4.3.Threat of New Entrants

6.4.4.Rivalry Among Existing Players

6.4.5.Threat of Substitutes

7.      Phosphorene FET Market – Strategic Analysis

7.1.   Value Chain Analysis

7.2.   Opportunities Analysis

7.3.   Market Life Cycle

8.      Phosphorene FET Market – by Type (Market Size – $Million/$Billion)

8.1.   Single-layer Phosphorene FETs

8.2.   Few-layer Phosphorene FETs

8.3.   Heterostructure Phosphorene FETs

8.4.   Strain-Engineered Phosphorene FETs

8.5.   Functionalized Phosphorene FETs

9.      Phosphorene FET Market – by Power Rate (Market Size – $Million/$Billion)

9.1. High Power 

9.2. Medium Power

9.3. Low Power

10.   Phosphorene FET Market – by Application (Market Size – $Million/$Billion)

10.1.                  Energy & Power Consumer

10.2.                  Electronics

10.3.                  Automotive

10.4.                  Inverter & UPS

10.5.                  Industrial

10.6.                  Others 

11.   Phosphorene FET Market – by Geography (Market Size – $Million/$Billion)

11.1.                  North America

11.1.1.                    The U.S.

11.1.2.                    Canada

11.1.3.                    Mexico

11.2.                  Europe

11.2.1.                    UK

11.2.2.                    Germany

11.2.3.                    France

11.2.4.                    Italy

11.2.5.                    Spain

11.2.6.                    Russia

11.2.7.                    Rest of Europe

11.3.                  Asia-Pacific

11.3.1.                    China

11.3.2.                    India

11.3.3.                    Japan

11.3.4.                    South Korea

11.3.5.                    Australia & New Zealand

11.3.6.                    Rest of Asia-Pacific

11.4.                  South America

11.4.1.                    Brazil

11.4.2.                    Argentina

11.4.3.                    Chile

11.4.4.                    Colombia

11.4.5.                    Rest of South America

11.5.                  Rest of the World

11.5.1.                    Middle East

11.5.2.                    Africa

12.   Phosphorene FET Market – Entropy

13.   Phosphorene FET Market – Industry/Segment Competition Landscape 

13.1.                  Market Share Analysis

13.1.1.                    Market Share by Type – Key Companies

13.1.2.                    Market Share by Region – Key Companies

13.1.3.                    Market Share by Country – Key Companies

13.2.                  Competition Matrix

13.3.                  Best Practices for Companies

14.   Phosphorene FET Market – Key Company List by Country Premium 

15.   Phosphorene FET Market - Company Analysis

15.1.                  Iris Light Technologies Inc.

15.2.                  ACS Material

15.3.                  I.V. Labs, Inc.

15.4.                  2Dsemiconductors

15.5.                  SAE International

15.6.                  Accumet Materials Co.

15.7.                  Mil-Spec Industries Corp.

15.8.                  Nichia

15.9.                  STREM CHEMICALS

15.10.               Noah Technologies

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The Phosphorene FET Market is projected to grow at 35.5% CAGR during the forecast period 2024-2030.\\\\\\\\r\\\\\\\\n

The Global Phosphorene FET Market size is estimated to be $10 million in 2023 and is projected to reach $84 million by 2030.\\\\\\\\r\\\\\\\\n

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The escalating rend of HPC adoption, high demand for optoelectronics and integration with 2D materials are some of the major Phosphorene FET Market trends in the industry which will create growth opportunities for the market during the forecast period.\\\\\\\\r\\\\\\\\n

The rising demand for high-performance and energy-efficient electronics and high demand for the commercialization of phosphorene FETs are propelling market growth. The growing popularity of optoelectronics devices such as light-emitting diodes (LEDs), photodetectors and modulators are creating substantial growth opportunities for the Phosphorene FET Market.\\\\\\\\r\\\\\\\\n