Silicon Wafer Market Size, Scope, Demand, Statistics, Regional Economy, Development and Forecast to 2028

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Increasing adoption of electric and hybrid vehicles and introduction of new technologies in automotive sector are key factors driving market growth

The Worldwide Silicon Wafer Market Report, distributed by Emergen Research, offers an industry-wide appraisal of the Silicon Wafer market, which is comprehensive of the most pivotal elements adding to the development of the business. The most recent examination report includes a broad investigation of the miniature and full scale monetary pointers that impact the worldwide market improvement during the conjecture time of 2021-2028

The global silicon wafer market size is expected to reach USD 16.01 Billion at a CAGR of 5.8% during the forecast period, according to latest analysis by Emergen Research. This consistent revenue growth can be attributed to increasing adoption of electric and hybrid vehicles globally. Rise in demand for miniaturized electronic devices and products is also contributing significantly to growth of the market. Significant increase in adoption of LED lights and related systems globally is another factor propelling market growth. Setting up of new production facilities and expansion of existing ones is a trend observed in the market.

Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Silicon Wafer industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Silicon Wafer industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Silicon Wafer industry.

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Market Dynamics:

The report offers insightful information about the market dynamics of the Silicon Wafer market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Silicon Wafer market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Silicon Wafer market.

Radical Highlights of the Silicon Wafer Market Report:

  • In January 2020, Qromis and Shin-Etsu Chemical entered into an agreement with the purpose to collaboratively manufacture epitaxial and substrates wafer for LED devices and RF electronics.
  • Asia Pacific is expected to continue to account for largest revenue share during the forecast period. This growth can be attributed to presence of key players in countries in the region. China, being the largest producer and end user of consumer electronics, is a key contributor to revenue growth of the Asia Pacific market. Increasing foreign investments in the electronics sector in India is driving growth of the market in the region.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

EpiWorks Inc., Global Wafers Japan Co. Ltd., Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd., Intelligent Epitaxy Technology Inc., IQE plc., and ON Semiconductor  

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Silicon Wafer Market Segmentation:

  • Diameter Outlook (Revenue, USD Billion; 2018–2028)

    • 100mm to 150mm
    • 200mm
    • 300mm
    • 450mm and above
  • Type Outlook (Revenue, USD Billion; 2018–2028)

    • Epitaxial Wafers
    • Polished wafers
    • SOI wafers
    • Diffused wafers
  • Application Outlook (Revenue, USD Billion; 2018–2028)

    • Consumer Electronics
    • MEMS
    • RF Electronics
    • Automotive
    • Photonics

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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