200mm Semiconductor Market - Forecast Period 2024-2030

Overview

The 200mm Semiconductor market size is forecast to reach USD 5,860.3 million by 2030, after growing at a CAGR of 5.82% during the forecast period 2024-2030. A 200mm semiconductor typically refers to the diameter of the silicon wafers used in semiconductor manufacturing. The term specifically indicates that the wafers have a diameter of 200 millimeters or approximately 7.87 inches. These wafers are a standardized size used in the fabrication of integrated circuits and other semiconductor devices.There is a sustained demand for 200mm wafers in various industries, including automotive,industrial, and consumer electronics. These sectors often require components and chips that can be efficiently manufactured on 200mm wafers.

Report   Coverage

The report “200mm Semiconductor Market– Forecast (2024-2030)”, by IndustryARC, covers an in-depth analysis of the following segments of 200mm Semiconductor.

By Semiconductor wafers Type: Undoped 200mm Semiconductors Wafers, Doped 200mm semiconductor wafers

By Product Type: 200mm Silicon Carbide Wafer, 200mm Silicon Wafer

By Application: Analog, Display Drivers, Power Management ICs (PMICs), RF Devices And Others

By End User: Communication, Consumer Electronics, Automotive, Industrial Others

By Geography:  North America, South America, Europe, APAC, Middle East & Africa

Key Takeaways

·        North America signifies the fastest growth rate in the 200mm Semiconductor market. The expansion of the semiconductor wafer deposition and wafer processing sectors is critical to the growth of the semiconductor Etch Equipment market in North America. Because of increased chip design costs, new materials, narrower linewidths on a chip, and the need for integrated production processes, memory makers and foundries increasingly focus on investing in newer and more creative equipment.

·       Texas Instruments, for instance, detailed its plan to invest billions in U.S. semiconductor chip manufacture through 2030 in February 2022. Texas Instruments announced plans to invest $3.5 billion per year in semiconductor chip manufacturing in the United States through 2025, as businesses confront a global shortage of the technology required for an expanding number of goods.

·        In June 2023, A Joint Venture between STMicroelectronics and Sanan Optoelectronics will be established to produce high-volume 200mm SiC devices. JV will assist China's growing need for STMicroelectronics SiC devices for industrial power and energy applications, as well as automobile electrification.

·      South Korean officials have unveiled plans to build the world's largest semiconductor cluster south of Seoul. Samsung would invest $228 billion until 2042, including the construction of five new fabs.

By Semiconductors wafers Type - Segment Analysis

Doped 200mm semiconductor wafers led the market with a 78% market share in 2022 andare predicted to increase at the same pace owing to their ability to modify the conductivit of the material. Since more sophisticated electronics are being used in a wider range of applications, including consumer electronics, industrial automation, and automotive, the market for highly doped silicon wafers has expanded dramatically in recent years. The demand for Analog ICs that require 200mm semiconductor wafers is predicted to drive the growth of the doped 200mm semiconductor wafers market during the forecast period 2024-2030. Moreover, the rapid advancement of IoT necessitates the growth of ICs in a variety of domains such as information systems, health care, and energy management. Analog circuits and integration technologies have made significant contributions in these sectors in recent years.

By Product Type- Segment Analysis

200mm Silicon Wafers occupied a dominant position in the 200mm Semiconductor market in 2023 with a market share of 60%. The semiconductor industry is always improving integrated circuit performance by moving toward smaller technology nodes. Larger wafer sizes are usually required for the move to lower nodes, and 200-mm (8-inch) silicon wafers are an important intermediary step between the more traditional 150-mm (6-inch) silicon wafers and the more prevalent 300-mm (12-inch) silicon wafers. According to the SEMI Silicon Manufacturers Group (SMG) in its year-end silicon wafer industry analysis, global silicon wafer sales rose 3.9% year over year in 2022 to 14,713 million square inches (MSI), and wafer revenue jumped 9.5% year over year to US$13.8 billion. Revenues and shipments both beat the 2021 record. 200-mm shipments in 2022 were fueled in part by the 5G rollout and the automotive, industrial, and IoT markets. These factors drive the 200 mm semiconductor market growth.

By Application-Segment Analysis

The  Power Management ICs (PMICs ) accounted for the largest share with a market share of 35% in 2023.  As major players are trying to push the boundaries of power through new process, packaging, and circuit design technologies—including the incorporation of 200 mm semiconductors to deliver devices that are appropriate for the application—the market for Power Management Integrated Circuits has been growing. The development of automobiles and their manufacture is another factor fueling the demand for small, energy-efficient electronics. Some of the main factors driving the need for power management integrated circuits (ICs) in the automotive industry are the expanding production of automobiles and the addition of advanced features. The growth of the 200mm semiconductors market is driven by the PMICS that are used in automotive applications. For example, the International Energy Agency (IEA) estimates that there will be about 25.9 million electric vehicles globally in 2022. In that year, approximately 69.5% of plug-in electric vehicles were all-electric.

By End User – Segment Analysis

Consumer Electronics occupied a dominant position with a market share of 38% in the 200mm Semiconductor market in 2023. Numerous 200mm semiconductor components, including memory chips, power management ICs, sensors, and microcontrollers, are utilized in consumer electronics and are produced utilizing well-proven, well-established techniques that are tailored for 200mm wafers. Smaller, more compact components are frequently required for consumer devices. The 200mm wafer size is ideal for creating tiny semiconductor devices that match the form factors of contemporary electronics, such as wearables, tablets, smartphones, and Internet of Things gadgets. For instance, According to Invest India, India's exports of electronic items grew at a 30% compound annual growth rate, from $5 billion in FY17 to $24 billion in FY23. By FY26, the nation's electronics exports are predicted to total $120 billion.  By FY26, India is predicted to have a $1 trillion digital economy. India's electronics sector is currently estimated to be worth $155 billion, of which 65% is produced domestically. The market for 200mm semiconductors has been made possible by the thriving consumer electronics sector.

By Geography - Segment Analysis

The APAC region in the 200mm Semiconductor market is dominated the market with the market share of 35% in 2023. APAC Countries such as China, Japan, and Korea driving the market. For instance, China is predicted to contribute the most to the 200mm capacity boost, with a 22 percent increase. China is expected to have a large proportion of 200mm semiconductor capacity by 2023. China's primary strengths include a significant chip market demand, a high number of qualified engineers in chip design and logic process technologies, and government assistance. The essential inputs, EDA, and especially capital equipment are China's industrial shortcomings. The US-China tech conflict is likely to force global semiconductor makers to break production, design, and sales into separate organizations. The COVID-19 epidemic is anticipated to hasten the long-term movement of low-value-added manufacturing away from China and toward Southeast Asia. As a result, OEM and ODM diversification is ongoing. China has a "Big Fund" of $50 billion for the growth of its domestic semiconductor industry, which will be leveraged in two phases. Nonetheless, it may not be large enough in the long run to generate the required cash.

Drivers – 200mm Semiconductor Market

∙High Adoption of Wearable Consumer Electronics Devices:

The Global market for 200mm semiconductors is expected to increase steadily throughout the forecast period, owing to the miniaturization of electronic products and the increasing global consumption of smartphones and wearable technology. Thin slices of semiconductor material known as semiconductor wafers are used to create electronic components like integrated circuits, memory chips, and sensors. The increasing use of electronic devices across a range of sectors, including consumer electronics, automotive, aerospace, and healthcare, is driving up demand for 200mm semiconductor wafers. The demand for cutting-edge semiconductor wafers is rising along with these industries' continued expansion and innovation. The necessity for more integrated electronics has resulted in increased miniaturization. This is one of the primary drivers of the 200mm semiconductor wafer market. Furthermore, the growing acceptance of semiconductor wafers in solar cells, integrated circuits, electromagnetic cells, smartphones, tablets, smart wear, microchips, transistors, diodes, andrectifiers is likely to drive semiconductor wafer market expansion.

∙Significant Investments in R&D, Production Capacity, and Technological Advancements:

Significant investments in R&D and technological advancements are the key drivers of the 200mm semiconductors market. Electronics, transportation, and automation have all witnessed great advances, owing in large part to the semiconductor sector, with semiconductor technology emerging as the backbone of all modern technologies. The discoveries and improvements in this discipline have a direct impact on all downstream technologies. In particular, silicon wafer-based enhanced packaging techniques, foundries are investing more and more. The development of monolithic three-dimensional integrated circuits using two-dimensional materials rather than silicon is one method being investigated by foundry vendors to increase transistor density. For instance, the chip on wafer on substrate (COWS) technology from TSMC created the largest silicon interposer in the world, housing two extremely powerful processors along with eight HBM memory devices in a single package. In September 2022, Wolfspeed, Inc., one of the global leaders in Silicon Carbide technology, announced it will build a new, state-of-the-art, multi-billion-dollar Materials manufacturing facility in Chatham County, North Carolina. Wolfspeed announced a $1.3B investment initially for a SiC materials manufacturing facility, primarily 200mm wafers. The phase construction is anticipated to be complete in 2024.  The facility will primarily produce 200mm Silicon Carbide wafers, which are 1.7x larger than 150mm wafers, translating into more chips per wafer and ultimately, lower device costs. These wafers will be used to supply Wolfspeed’s Mohawk Valley Fab, which opened earlier this year as the world’s first, largest, and only fully automated 200mm Silicon Carbide fabrication facility.

Challenges – 200mm Semiconductor Market

∙Growing Environmental Concerns to Restrain Market Growth:

About 2 million integrated circuits are typically produced each month in a typical semiconductor facility, using more than 20 million gallons of water. Industrial wastewater must ultimately be discharged in order for this to occur. Wafer producers also use a lot of hazardous chemicals that are bad for the environment. As a result, producers are receiving a lot of criticism from authorities and environmentalists, which is anticipated to limit the long-term growth potential of 200mm semiconductor wafers globally. High-frequency limitations are also leading to environmental issues. Manufacturing processes that are precise and dependable are commonly required for high-frequency applications. Even minor adjustments to factors like doping concentration, oxide thickness, or etching depth can have a big effect on performance in high-frequency devices. Heat dissipation is the main challenge in high-frequency applications. To prevent device degradation or failure as frequency and power densities increase, effective thermal management is essential.

While the semiconductor industry faces significant challenges in terms of sustainability, it is taking steps to address these issues and move towards a more sustainable future. For instance, STMicroelectronics Published a 2023 Sustainability Report. The company is track to become carbon neutral by 2027 with global sourcing of electricity from renewable energy growing to 62% in 2022, from 51% in 2021.

One of the challenges is the high expense of converting to renewable energy sources. While solar electricity has the potential to be incredibly successful, it is presently somewhat pricey. To make solar electricity more inexpensive, the semiconductor sector will need to invest in research and development

Market Landscape

In 2022, the top ten players in the 200mm Semiconductor market share accounted for 54.2% of the share. Major players in the 200mm Semiconductor market are STMicroelectronics, Infineon, Texas Instruments, SMIC, Vanguard, NXP, ON Semi, Toshiba, Wolfspeed, Inc, Mitsubishi Electric Corporation, Robert Bosch GmbH and Others.

Developments:

·       In August 2023, Infineon plans to construct the largest 200-millimeter SiC Power Fab in the world in Kulim, Malaysia. By the end of the decade, this facility could generate roughly seven billion euros in revenue.

·       In October 2022, to meet the growing demand for Silicon Carbide (SiC) substrates from ST's customers in the automotive and industrial sectors as they move toward electrification and higher efficiency, STMicroelectronics planned to construct an integrated SiC substrate manufacturing facility in

Italy.

·     UMC acquired Toshiba's Fab1 and Fab2 200mm fabs for less than NT$10 billion to increase its operating scale.  Through this acquisition, UMC will increase its footprint in Japan in 2020.