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The global porous silicon substrates market size is predicted to expand at a CAGR of 7% between 2023 and 2033. The market is projected to garner a revenue of USD 10 billion by the end of 2033, up from a revenue of ~USD 5 billion in the year 2022. The major growth factor for the global porous silicon substrate market is attributed to the rise of the global Internet of Things (IoT). Expansion of the electronics sector across the globe is also expected to boost the market growth. Leading players in the market include NORITAKE CO., LIMITED, NGK SPARK PLUG CO., LTD., Refractron Technologies Corp., Microchemicals GmbH, and Porous Silicon.