Silicon wafers are vital components that are deployed in the manufacturing process of several semiconductor components. They are the elementary building block for the semiconductors which are employed in smallest sensor in a light bulb to the most advanced electronic system in the space shuttle. Silicon wafers can be molded in various sizes for numerous applications that includes fabrication of photoelectric cells, integrated circuits, sensors, MEMS, are among others. Silicon wafers aid as the building blocks of semiconductor industry and also the increasing demand for electronic devices and its components propels the growth of the silicon wafers market during the forecast period 2018-2028.
The market has been segmented by wafer size, doping material, type, and end user applications. Based on the wafer size the market is segmented into =150, 200, 300, and 450 mm diameter. On the basis of doping Material, the market is classified into N-Type, P-Type, and others. By type, the silicon wafers market is segmented into polished, annealed, epitaxial, diffused, SOI, and other wafers. For end use applications, the market is classified as consumer electronics, telecommunications, industrial, automotive, healthcare and among others.
These advancements in the semiconductor industry will upsurge the growth of silicon wafers market in the coming years. Rising demand for miniaturization of electronic components owing to the small size, high reliability, and low power consumption silicon wafers will also have a positive impact on the growth of the market. These attributes make silicon wafers suitable for use in numerous devices ranging from mobile phones and tablets to electronic components used in automobiles and medical equipment. However, there are some concerns with respect to adequately supply 200mm and 300mm silicon wafers to back the rising demand from IoT devices.
The overall market is also presented from the perspective of different geographic regions and the key countries in each region. APAC is the dominating market which held a major revenue share in 2017 and is estimated as fastest growing market during the forecast period, mainly driven by increasing demand for consumer electronics across the region.
Sample Companies Profiled in this Report are:
- SUMCO Corporation
- Shin-Etsu Chemical Co., Ltd.
- Siltronic AG
- Wafer Works Corporation
- Okmetic Oy
The methodology for estimating the silicon wafers market involved demand in the various industries. The segmentations have been cross-mapped extensively to understand various market dynamics. Simultaneously, the companies involved at integration and distribution level were also studied from the perspective of their services, geographical presence, annual turnover and few other parameters to substantiate the estimations. All these estimations were further validated through primary research and industry experts.