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

Vancouver, BC -- (SBWire) -- 05/06/2021 -- 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.

The report also offers a comprehensive study about the current and emerging trends observed in the market, along with an emphasis on the key driving and restraining factors. The report further sheds light on the micro and macro-economic aspects that are anticipated to shape the demand of the Silicon Wafer industry. Moreover, it also covers the competitive landscape, including the profiles and business overview of the key companies and SWOT analysis.

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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.

Market Segmentation:

The report categorizes the market into different key segments based on types and applications, along with key regional segmentation. The report offers insights into the segment expected to garner traction during the forecast period, and the region expected to dominate the market in the coming years.

For this report, Emergen Research has segmented the global silicon wafer market based on diameter, type, application, and region.

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

Key Geographies Encompassed in the Report:

North America (U.S., Canada)
Europe (U.K., Germany, Italy, France, Rest of EU)
AsiaPacific (India, Japan, China, Australia, Rest of APAC)
Latin America (Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Fundamental Market Parameters Elucidated in the Report:

Market dynamics: The Silicon Wafer market report explains the scope of various commercial possibilities over the next few years and further estimates revenue build-up over the forecast years. It analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers in developing vital strategies for profitable business expansion.

Competitive Outlook: The established market players operating in the Silicon Wafer industry have been listed in this report, with a major focus on their geographical reach and production facilities. To gain a competitive advantage over the other players in the Silicon Wafer industry, the leading players are focusing more on offering products at rational prices.

Objectives of the Report: The chief aim of the research report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Silicon Wafer market.

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, 2020-2028
Chapter 3. Key Insights
Chapter 4. Silicon Wafer Market Segmentation & Impact Analysis
    4.1. Silicon Wafer Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. The advantages and benefits of silicon wafers 
                    4.2.2.2. Rise in the demand for consumer electronics 
                    4.2.2.3. Increasing of electric and hybrid vehicles
          4.2.3. Market restraints analysis 
                    4.2.3.1. Challenges associated with complex design
                    4.2.3.2. High product development cost 
    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

Chapter 5. Silicon Wafer Market By Diameter Insights & Trends, Revenue (USD Billion)
    5.1. Diameter Dynamics & Market Share, 2021 & 2028
          5.1.1. 100mm to 150mm
          5.1.2. 200mm
          5.1.3. 300mm
          5.1.4. 450mm and above

CONTINUED..!!

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About Emergen Research

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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