Aluminium Nitride Single Crystal Substrate Research: at a CAGR of 11.17% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2025 latest report “Aluminium Nitride Single Crystal Substrate- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”. Based on current situation and impact historical analysis (2020-2024) and forecast calculations (2025-2031), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.

The global market for Aluminium Nitride Single Crystal Substrate was estimated to be worth US$ 11.4 million in 2024 and is forecast to a readjusted size of US$ 67.4 million by 2031 with a CAGR of 29.3% during the forecast period 2025-2031.

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Aluminium Nitride Single Crystal Substrate Market Summary

Aluminum nitride (AlN) is a fourth-generation semiconductor material with a bandgap of up to 6.2eV, which makes AlN an ideal material for preparing optoelectronic devices such as UV LEDs. Its high performance is mainly reflected in high breakdown field strength, high saturated electron drift rate, high thermal stability, high thermal conductivity, and radiation resistance.

Compared to the rapid development of SiC and GaN crystals in recent years, AlN single crystal growth technology has progressed relatively slowly. High growth costs have significantly limited the commercial application of AlN substrate devices. Currently, only a limited number of companies globally are capable of producing AlN single crystal substrates: primarily Ultratrend Technologies Inc., HexaTech (Stanley Electric), and Crystal IS (Asahi Kasei).

According to the new market research report "Global Aluminium Nitride Single Crystal Substrate Market Report 2024-2030", published by QYResearch, the global Aluminium Nitride Single Crystal Substrate market size is projected to grow from USD 43.47 million in 2024 to USD 98.51 million by 2031, at a CAGR of 11.17% during the forecast period.

Figure00001. Global Aluminium Nitride Single Crystal Substrate Market Size (K USD), 2020-2031

Above data is based on report from QYResearch: Global Aluminium Nitride Single Crystal Substrate Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

Figure00002. Global Aluminium Nitride Single Crystal Substrate Top 5 Players Ranking and Market Share (Ranking is based on the revenue of 2024, continually updated)

Above data is based on report from QYResearch: Global Aluminium Nitride Single Crystal Substrate Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

In 2024, the market will be dominated by a few leading companies: Crystal IS and HexaTech will form the Tier 1, with others such as Ultratrend, Nitride Crystals, and CETC-46 forming Tiers 2/3. These two leading companies will collectively hold the vast majority of the market share in 2024.

Figure00003. Aluminium Nitride Single Crystal Substrate, Global Market Size, Split by Product Segment

Based on or includes research from QYResearch: Global Aluminium Nitride Single Crystal Substrate Market Report 2024-2030.

Currently, 2-inch AlN substrates are the mainstream. As yields and costs for 2- to 4-inch substrates improve, 2-inch and larger substrates will become the primary drivers of value growth.

UVC-LEDs currently account for the majority of this market (approximately US$42.03 million in UVC-LED-related consumption in 2024) and are expected to maintain high growth. This indicates that short- to medium-term demand will primarily be driven by disinfection/purification/public health applications.

Optoelectronics, RF & Power currently have a smaller base but a higher growth rate, presenting long-term "explosive" growth opportunities, provided further breakthroughs in cost and process technology are achieved.

 

The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.

The Aluminium Nitride Single Crystal Substrate market is segmented as below:
By Company
Ultratrend Technologies Inc
HexaTech
Crystal IS (Asahi Kasei)
Nitride Crystals


Segment by Type
1 Inch
2 Inch
Others


Segment by Application
RF Device
Power Device
Laser Diode
Others


Each chapter of the report provides detailed information for readers to further understand the Aluminium Nitride Single Crystal Substrate market:

Chapter 1: Introduces the report scope of the Aluminium Nitride Single Crystal Substrate report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Aluminium Nitride Single Crystal Substrate manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Aluminium Nitride Single Crystal Substrate market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5:  Sales, revenue of Aluminium Nitride Single Crystal Substrate in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6:  Sales, revenue of Aluminium Nitride Single Crystal Substrate in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.


Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Aluminium Nitride Single Crystal Substrate competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Aluminium Nitride Single Crystal Substrate comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Aluminium Nitride Single Crystal Substrate market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.


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