Global Silicon Wafer Market
The Global Silicon Wafer Market is expected to grow from US$ 10.02 Billion in 2021 to US$ 21.09 Billion by 2027; it is estimated to grow at a CAGR of 8.7% from 2021 to 2027.
All types of electronic devices use silicon wafer, which is a crucial component in the production of semiconductors. A silicon wafer is a thin slab of semiconductor material used in the electronics industry to create integrated circuits and other tiny devices. This wafer acts as the base for microelectronic devices and is used in a wide range of diameters from 25.4 mm to 300 mm. It goes through numerous microfabrication processes such as ion implantation or doping, etching, deposition of different materials, and photolithographic patterning.
Drivers: The production that has steadily had a positive impact and rising vehicle demand are the main factors driving the global silicon wafer market. The shift is toward electric and hybrid vehicles because of the increased demands on the vehicle and manufacturing. The creation and adoption of cutting-edge technologies in the automotive industry were additional factors. As the automotive industry expands, vehicles now come with auto-driving assistant anti-braking systems. These innovations demonstrate that the demand for silicon wafers will persist. As a result, these elements encourage market expansion as new developments occur.
Restraints: There are a number of obstacles in the way of the growth of the global silicon wafer market. These include a few things that prevent the size of the silicon wafer market from expanding globally. Utilizing electric or hybrid vehicles requires, at least for the time being, a sizable sum of money. People are being prevented from switching to electric or hybrid vehicles because of this. The sources become scarce because the production of electricity and energy will be severely impacted. Due to this restriction, fewer people can choose electric vehicles, further reducing the demand for silicon wafers. These are a few of the elements that have contributed to the market for silicon wafers expanding.
Opportunities: The demand for and growth of silicon wafers can be boosted by a number of opportunities in the global silicon wafer market. Government policies that promote the adoption of electric vehicles are among the factors that demonstrate the opportunity. In a few nations around the world that promote the use of electric vehicles, it has become mandatory. Japan, for instance, wants to transition to an all-electric or hybrid transportation system by the year 2050.
Impact of Covid-19
The world as a whole has been significantly impacted by the current COVID-19 situation. Due to the shutdown, major industries have gradually decreased. Employees in industries that have an impact on the production of silicon wafers are prohibited from working during the lockdown. The market for semiconductor silicon wafers worldwide is now stagnant. It's thought that despite the pandemic, thin silicon wafers are still in demand. The start of the vaccination process is expected to make things return to normal by the year 2022.
Segmentation By Type: The market is divided into four segments based on Type into Epitaxial Wafers, Polished Wafers, SOI Wafers, Diffused Wafers, Annealed Wafers.
Segmentation By Application: The market is divided into four segments based on Application into Solar Cells, MEMS Fabrication, Integrated Circuits/Microchips, Photoelectric Cells, Transistors/Diodes/Rectifiers, Smartphones/Tablets/Smart Wearables and others.
Segmentation By Wafer Size: 150 mm, 200 mm, 300 mm, and 450 mm. Due to rising product demand from the solar energy sector, the 300mm segment dominated the market in 2015, accounting for more than 69.0% of the total revenue. Additionally, it is anticipated that over the course of the forecast period, the cost advantages of reclaiming the 300mm wafer will fuel the segment's growth.
Segmentation By Region: Silicon Wafer Market is classified on the basis of Region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The largest market in 2015 was Asia Pacific, which took in more than 74.0% of the total volume of reclaimed wafers. Because of the rapidly growing electronic industries in China, Thailand, India, South Korea, and Taiwan, the region is predicted to experience significant growth. Rising demand for electronics and alternative renewable energy sources has been brought on by rising disposable income and population growth, which will support industry expansion. Additionally, over the course of the forecast period, the market is anticipated to grow as a result of the expansion of the industry brought on by technological advancement and low labour costs in Taiwan and Japan.
Competitive Landscape: The key players of Silicon Wafer Market are Shin Etsu (JP), Sumco (JP), Siltronic (DE), MEMC (US), LG Siltron (KR), SAS (TW), Okmetic (FI), Shenhe FTS (CN), SST (CN), JRH (CN), MCL (CN), and GRITEK (CN).
Market Taxonomy
By Type
By Application
By Wafer Size
By Region
Key Questions Addressed by the Report
Global Silicon Wafer Market TOC
1. Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2. Research Methodology
2.11 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sizes
3. Executive Summary
4. Global Silicon Wafer Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5. Global Silicon Wafer Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.3 Global Silicon Wafer Market Size and Forecast, By Type
5.3.1 Epitaxial Wafers
5.3.2 Polished Wafers
5.3.3 SOI Wafers
5.3.4 Diffused Wafers
5.3.5 Annealed Wafers
6. Global Silicon Wafer Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Silicon Wafer Market Share Analysis, By Application
6.3 Global Silicon Wafer Market Size and Forecast, By Application
6.3.1 Solar Cells
6.3.2 MEMS Fabrication
6.3.3 Integrated Circuits/Microchips
6.3.4 Photoelectric Cells
6.3.5 Transistors/Diodes/Rectifiers
6.3.6 Smartphones/Tablets/Smart Wearables
6.3.7 Others
7. Global Silicon Wafer Market, By Wafer Size
7.1 Y-o-Y Growth Comparison, By Wafer Size
7.2 Global Silicon Wafer Market Share Analysis, By Wafer Size
7.3.1 300mm
7.3.2 150mm
7.3.3 200mm
7.3.4 450mm
8. Global Silicon Wafer Market, By Region
8.1 Global Silicon Wafer Market Share Analysis, By Region
8.2 Global Silicon Wafer Market Size and Forecast, By Region
8.2 Global Silicon Wafer Market Size and Forecast, By Region
9. North America Silicon Wafer Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Silicon Wafer Market Share Analysis, By Type
9.3 North America Silicon Wafer Market Size and Forecast, By Application
9.4 North America Silicon Wafer Market Size and Forecast, By Wafer Size
9.5 North America Silicon Wafer Market Size and Forecast, By Country
9.5.1 US
9.5.2 Canada
9.5.3 Mexico
10. Europe Silicon Wafer Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Silicon Wafer Market Share Analysis, By Type
10.3 Europe Silicon Wafer Market Size and Forecast, By Application
10.4 Europe Silicon Wafer Market Size and Forecast, By Wafer Size
10.5 Europe Silicon Wafer Market Size and Forecast, By Country
10.5.1 UK
10.5.2 Germany
10.5.3 France
10.5.4 Rest of Europe
11. Asia Pacific Silicon Wafer Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Silicon Wafer Market Share Analysis, By Type
11.3 Asia Pacific Silicon Wafer Market Size and Forecast, By Application
11.4 Asia Pacific Silicon Wafer Market Size and Forecast, By Wafer Size
11.5 Asia Pacific Silicon Wafer Market Size and Forecast, By Country
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.2.5 Rest of Asia Pacific
12 Latin America Silicon Wafer Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Silicon Wafer Market Share Analysis, By Type
12.3 Latin America Silicon Wafer Market Size and Forecast, By Application
12.4 Latin America Silicon Wafer Market Size and Forecast, By Wafer Size
12.5 Latin America Silicon Wafer Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Silicon Wafer Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Silicon Wafer Market Share Analysis, By Type
12.3 Middle East Silicon Wafer Market Size and Forecast, By Application
13.4 Middle East Silicon Wafer Market Size and Forecast, By Wafer Size
13.5 Middle East Silicon Wafer Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14. Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15. Company Profiles
15.1 Shin Etsu (JP)
15.1. Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2 Sumco (JP)
15.2.1. Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. Siltronic (DE)
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4. MEMC (US)
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5. JRH (CN)
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6. MCL (CN)
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7. GRITEK (CN)
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
