Market Research Future published a research report on “Silicon Wafers Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.
— Market Scenario:
Silicon wafer provides the data processing capabilities and are majorly used in integrated circuits. Integrated circuits are used in many various devices like computers, smart phones, gaming device and military weapons among others. In the recent times market has grown immensely and the reason behind it is technological development and the advancement in the silicon wafers technology used in the electronic industry. Moreover, the growing demand for the solar energy will contribute to the growth of the solar panel and solar cells which in turn will boost up the silicon wafer market as the silicon wafers are widely used in the manufacturing of the solar cells.
As per the trend, 300mm silicon wafers have captured the market of the silicon wafers as it is widely used by the semiconductor industry however the major players have restricted their investments in new technology i.e. 450mm wafers, due to its high manufacturing costs of processing and lower expected returns on investments. Moreover, silicon wafers also has the growing demand in electronic industry due to its flexible and small size, high reliability, low weight, and low power consumption.
Currently this market has been growing with the very high CAGR of 8.5% and has been valued at US $333 million in 2016. It is expected that Global Silicon Wafers Market will reach the market size of US $503 million by the end of forecasted period 2022.
March 2019: A*Star and Soitech have partnered on a joint program to develop a new layer transfer process for advanced packaging. This new competitive wafer-to-wafer layer transfer process delivers increasing yield, low power, and high interconnection density and speed. Soitec is a leading designer and manufacturer of innovative semiconductor materials. A*Star stands for the Agency for Science Technology and Research.
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The major players operating in the market of Silicon wafers are- Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan) , Siltronic AG (Germany), MEMC Electronic Materials Inc.(California), LG Siltron Inc.( South Korea), Advance Semiconductor Inc.(U.S.), and SUMCO Corp.(Japan) among others
Global Silicon Wafers Market - Segmentation
The Mobile Security Market can be segmented in to 4 key dynamics for the convenience of the report and enhanced understanding;
• Segmentation by size: Comprises 150 mm, 200mm, 300mm, and 450mm
• Segmentation by Application: Comprises Solar cells, Integrated Circuits, Photoelectric Cells, among others.
• Segmentation by type: Comprises N-Type and P-Type.
• Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Global Silicon Wafers Market - Regional Analysis
Asia Pacific leads the market for global silicon wafers market. Emerging countries like China, India and Japan is expected to dominate the region. The rising disposable income of the consumers, funding from government with growing demand for the electronic product by one of the largest population of the region is boosting the silicon wafer market in the region. The growing population also keeps the demand for electronic gadgets and devices constantly high, subsequently leading to the growth of the silicon wafers market. European region will show the steady growth in the silicon wafers market as the automotive, electronic market which make use of the silicon wafers are already established in the region. The low-cost of wafers used in manufacturing solar cells has also created a market for silicon wafers in the North American region. This market is expected to grow at a fast pace, adding to the market share revenue, globally.
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• Silicon wafers developers
• Integrated chip developers
• Government Agencies
• Research Institutes & Universities
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