Silicon Crystal Trends for 2024 will touch your lives. As you know, semiconductors are the beating heart of your electronic life. Your car, your phone, your microwave oven, and your television set work with semiconductors and microchips. All of them require silicon crystals.
Searching for Silicon Crystal Trends in 2024
2024 brings us a semiconductor industry that can only thrive as companies like ER Optics continue to provide silicon crystals which are so essential to semiconductors, chips, and modern technology. Moreover, Photovoltaics, electronics, and photonics all depend on semiconductors, and they depend on silicon.
Six Silicon Crystal Trends from Across Many Industries
Consequently, we can see that 2024 will be very much a part of an Age of Silicon as AI and new technologies propel our civilization into the future.
1. A Sunny Future Reflected in Solar
Have you seen more solar homes in your neighborhood? The trend is growing as more and more roofs support solar panels on residential streets. For example, the solar cell in the panel craves silicon. Therefore, business will grow mightily over the coming year and beyond.
“The polysilicon market expects to grow at a compound annual growth rate (CAGR) of 5.8% from 2019 to 2024…” and beyond. Note the term CAGR because it shows an important pulse of progress.
A Note from ER Optics: Therefore, we will see this sunny market driven by the increasing demand for solar PV. Businesses will boost new methods in manufacturing, research, and technology. However, all the silicon crystal trends boil down to a supportive crystal-growing manufacturer like ER Precision Optics.
2. Second of Our Silicon Crystal Trends: Growth Spurt Seen Ahead: Silicon Carbide Crystals
Not to be denied, we must agree with Dennis Murphy from Medium. He states, “The silicon carbide crystal substrate market is projected to grow at a CAGR of 16.7% from 2024 to 2030…” Additionally, He added this will be “due to the advantages of silicon carbide over silicon in terms of power-efficiency, thermal conductivity, and durability.
3. A Third Market for Silicon Crystal Trends: Amazing Anodes
Furthermore, we expect that the market for silicon anode materials will blossom in the next decade. Technologists are noting that “silicon anodes offer higher energy density and longer cycle life than graphite anodes for lithium-ion batteries.”
Let’s check out the statistics. “The global silicon-based anode market size is projected to grow at a CAGR of over ~48% from 2024 to 2036.” If you are asking why this might be true, it is because silicon anodes are integral to the operation of many electric vehicles.
And the business will only improve. “The market is expected to garner a revenue of USD 137 billion by the end of 2036, up from a revenue of ~USD 3 billion in the year 2023.”
If this area fascinates you, be sure to look back on our blog articles on batteries in 2023.
4. A Glimpse at the Small World: Tiny Silicon Crystal Trends
Significant innovations are occurring “in synthesizing nanostructured silicon anodes with improved performance.”
In recent years scientists have revealed many of the secrets of silicon nanostructures. Additionally, the more we study, the more we discover about the amazingly adaptable silicon nanostructures. With them, we see a wide range of “applications in developing ultra-high-capacity batteries to the next generation of medical imaging…”
Silicon Crystals in Nano-sized Structures: Revolutionizing Medical Technology
This technology is designed to enact diagnosis in the micro-universe within our bodies, “at the cellular level, their potential is seemingly endless.”
“Understanding the structure of silicon nanocrystals is very useful,” explained Thiessen. Moreover, he and his team have discovered that technology will soon be able to customize silicon nanostructures for and as medical diagnostic tools.
Keep in mind that researchers are working with silicon crystal nanostructures at the microscopic level. The research scientists stated they would be able to “tailor the silicon nanocrystals to whatever application or field we want to…”
Silicon Crystals at the Nano-level: Offering a Healthier Life
Additionally, they added an expansive area of usefulness for the tiniest silicon nanocrystals… “This research can impact many different areas. This includes areas from the development of more accurate medical imaging technology to new, more efficient batteries.
These silicon nanocrystals are extremely versatile.” At Precision Optics, we look forward to seeing more information about the research of Alyx Thiessen and Michelle Ha in this field as they continue their investigation of silicon nanocrystals at the University of Alberta, Canada.
5. Photonics Industry: Making Silicon Crystals a Bright Light Globally
You might already know that silicon photonics has become a major technology. As noted by Photonics.com, we use it “for telecommunications, computing, and sensing.”
What you might not know is that the technology of silicon photonics empowers optical and electronic components to work together on a silicon chip. Needless to say, this leads to “reducing cost, size, and power consumption.”
Thus, we can agree with the Lucintel prediction that the “global silicon photonics market is estimated to reach $3.5 billion during 2024.
6. Silicon Crystal Trends for Cars (Closest to Consumer Hearts)
Possibly very soon, Americans will see the most important silicon crystal trends in the semiconductors that run their electric cars. The automotive semiconductor market predicts a rise to an astonishing $81.5 billion by the time we celebrate 2028.
There are many reasons for this growth. Firstly and foremost, there is a growing trend for electric cars. However, even gas-powered cars incorporate more semiconductor technology for several major advantages.
Silicon Crystals On Your Wheels: Automobile Electrification
Let’s look at 3 ways Americans want automobile electrification.
- There is a big demand for the advanced safety features technology can provide.
- Likewise, Americans love the features that bring added convenience, and comfort systems to their cars.
- Additionally, more and more drivers crave the advanced driver assistance systems (ADAS) offered on newer vehicles.
Final Thoughts On Silicon Trends for 2024
Thus, we will be seeing the semiconductor market, and therefore, the silicon market, find opportunities in almost every sector of the automotive industry, “from the powertrain… to networking, body electronics, and driver system applications.”
Based on the above 6 expanding trends for 2024 and beyond, ER Precision Optics cannot help but feel that silicon crystal trends will pave the road to the future. In conclusion, we are prepared to watch improvements in health, transportation, communication, and automotive industries.
Thank you for reading our blog and visit us often since 2024 will bustle with blog-worthy topics.