Silicon Parts Market Projected Growth Through 2029
San Diego, CA, July 22, 2025: TECHCET — the electronic materials advisory firm providing semiconductor materials supply chain information—forecasts a 3.6% increase in silicon parts revenue for 2025, reaching US $791 million, as semiconductor production equipment demand continues to strengthen. This growth will be driven by a 6.5% increase in new system sales, totaling $238 million, alongside a 2.4% rise in replacement part sales to $553 million. Looking ahead, TECHCET projects steady growth with the silicon parts market supported by a 2024-2029 CAGR of 4.3% according to TECHCET’s Critical Materials Report™ on Silicon Parts.
While 2024 saw a slight market dip, long-term demand for high-purity silicon parts remains robust, fueled by rising fab expansions, aging equipment requiring replacements, and process enhancements in wafer manufacturing. Government-backed semiconductor investments and ongoing innovations in AI, HPC, and automotive technologies are further driving market demand.
Escalating global trade tensions may pose cost and supply risks. In April 2025, President Trump enacted Annex I tariff increases targeting semiconductor imports, with tariffs as high as 245% on Chinese goods. Though a temporary suspension was agreed upon in May, uncertainty remains. Companies will need to diversify supply chains and monitor raw material costs, especially polycrystalline and single crystal ingots and silicone, which significantly influence production pricing.
For more details on the Silicon Parts market growth trajectory, including information on suppliers like FerroTec, Coorstek, Tosoh, Mitsubishi Materials, Sungrim, HANA Materials and more, go to: https://techcet.com/product/silicon-parts/
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ABOUT: TECHCET CA LLC is an advisory services firm expert in market and supply chain analysis of electronic markets and supply chains for the semiconductor, display, solar, and LED markets. TECHCET offers custom consulting, subscription data service, and the Critical Materials Council and DSS memberships. For additional information, please email us, call +1-480-382-8336, or go to www.techcet.com