Vancouver, BC -- (SBWire) -- 04/14/2021 --The latest market intelligence study on the Silicon Wafer market applies the best of both primary and secondary research techniques to bring to light the growth rate of the Silicon Wafer market for the forecast period, 2020 – 2027. The comprehensive study covers hard to find facts about the market landscape as well as its growth prospects in the years to come. Most importantly, the research report includes vital statistics about the major vendors occupying a strong foothold in this industry. Besides this, in order to calculate the market share, the study takes a closer look at the selling price of the product across different regions.
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.
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Some Key Highlights in the 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.
Major companies operating in global silicon wafer are 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.
Regional scope: North America; Europe; Asia Pacific; Central & South America; MEA
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
Moreover, the report centers on providing comprehensive analytical data on the regional segments, which includes North America, Asia-Pacific, Middle East& Africa, and the Rest of the World. Other than this, development plans & policies, marketing terminologies, manufacturing protocols, current trends, dynamics of the market, and classification shave been explained in brief in this report. The team of researchers and analysts presents the readers accurate statistics and analytical data in the report in a simple manner by means of graphs, diagrams, pie charts, and other pictorial illustrations.
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Important Points Mentioned in the Silicon Wafer Market Study
Manufacturing Analysis: The report initially analyzes the various segments of the market in a brief manner, which includes product types, applications, and so on. Further, the report consists of a separate section wherein an in-depth analysis of the manufacturing process has been provided which has been verified thorough primary information collected by experts of reputed industries as well as the industry analysts.
Sales and Revenue Estimation: By applying several top-down and bottom-up approaches on the previous years' sales and revenue data as well as the present market scenario, the analysts have anticipated the market growth and size in major geographies. The report further includes an all-inclusive study on the applications and end-user industries participating in the market. Furthermore, the report provides crucial data on the regulatory policies and guidelines, as well as the macro-economic factors, that determine the evolution of the market along with predictive analysis.
Demand & Supply Assessment: The report further offers key information on the manufacturing and cost analysis, consumption ration, import/export factors, and product and service distribution.
Competitiveness: The report provides crucial data based on the company profile, product portfolio, product and service cost, potential, and sales and revenue generated by the key pioneers and other leading companies.
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Key questions answered in the report
What will be the market size in terms of value and volume in the next five years?
Which segment is currently leading the market?
In which region will the market find its highest growth?
Which players will take the lead in the market?
What are the key drivers and restraints of the market's growth?
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Table of content:
Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Silicon Wafer Market Segmentation & Impact Analysis
4.1. Silicon Wafer Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Growing demand for growing medicinal application
4.2.2.2. Rising legalization of Silicon Wafer
4.2.2.3. Technological advancement in product invention
4.2.3. Market restraints analysis
4.2.3.1. The complex regulatory framework for the usage of Silicon Wafer
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter's Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Continued…
Silicon Wafer Market High Demand, Recent Trends, Future Growth, Business Scenario, Product, Technology, Share and Forecasts 2020 – 2027
The study methodologies used to examine the Silicon Wafer market for the forecast period, 2020 - 2027 further classifies the industry by type, geography, end-use and end-user to add more precision and bring to light factors responsible for augmenting business development.