Global Silicon Wafers Market Research Report—Forecast till 2025
Global Silicon Wafers Market is anticipated to exhibit a CAGR of 3.19% to surpass USD 11,889.0 Million by 2025. Silicon Wafers are a thin slice of crystal semiconductor, intended to use in integrated circuits and the electronic sector.
A wafer is a thin slice of the semiconductor material that acts as a basement for microelectronic devices fitted in and above the wafer. Silicon Wafers have a wide range of applications in tablets, smart wear, photoelectric cells, smartphones, microchips, transistors, diodes, rectifiers, microelectronics, and MEMS as a platform for fabrication.
The growing requirement for silicon wafers in consumer electronics and the miniaturization of semiconductor devices is estimated to drive the growth of the global silicon wafers market during the review period.
The Global Silicon Wafers market was valued at USD 9,621.5 Million in 2019 and it is expected to reach the highest growth during the review period. Silicon wafers are responsible for delivering data processing capabilities.
It is intensely clean, free of impurities and micro-particles, qualities that are essential in making it the perfect substrate material of the modern semiconductors. Moreover, technological advancements in consumer electronics are expected to create various opportunities for the providers of silicon wafers in the near future.
The Global Silicon Wafers has been segmented By Material, Type, Application, Wafer Size, and region. Based on the Type segment the global market has been bifurcated into P-type and N-Type. In terms of type segment, the global Silicon Wafers market is classified into Epitaxial Wafers, Polished Wafers, SOI Wafers, Diffused Wafers, and Annealed Wafers.
In terms of the Application segment the global Silicon Wafer Market is segmented into Solar Cells, MEMS Fabrication, Integrated Circuits/Microchips, Photoelectric Cells, Transistors/Diodes/Rectifiers, Smartphones/Tablets/Smart Wearables, and Others. By Wafer Size the market is divided into 300mm, 150mm, 200mm, 450mm, and above.
Geographically, Global Silicon Wafers Market has been divided into North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific was valued for the largest market share with a market value of USD 4,371.2 million with a market share of 45.43% in 2019.
The region accounted for the largest share of the global market, followed by North America, Europe, and the rest of the world with shares of 24.77%, 24.76%, and 5.04% respectively.
The prominent Players of the Global Silicon Wafers Market include Shin-Etsu Chemical Co., GlobalWafers Co. Ltd. (Taiwan), Wafer World, Inc. (US), Advanced Semiconductor, Inc. (US), Sumco Corporation (Japan), Soitec SA (France), Silicon Materials, Inc. (US), Ltd. (Japan), SK Siltron Co., Ltd. (South Korea), Siltronic AG (Germany), Addison Engineering, Inc. (US) and Virginia Semiconductor, Inc. (US).
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