Global Silicon Epitaxial Wafer Market is valued approximately at USD 3124.9 Million in 2022 and is anticipated to grow with a growth rate of more than 6.0% over the forecast period 2023-2030. silicon epitaxial wafer is one of the most essential components in the semiconductor industry. It serves as a building block for creating improved electronic components with better performance capabilities as well as a basic material for microelectronics devices. The Silicon Epitaxial Wafer market is expanding because of factors such as increasing Use of Wafers in Automotive Industry and increasing demand for semiconductors. However, Silicon epitaxial wafers are highly used in navigation control, infotainment systems, collision detection and others in the automotive sector its importance has progressively increased during the last few decades.
According to the Statista, the global automotive manufacturing market was worth about USD 2.86 trillion in 2021. The market is projected to grow to USD 2.95 trillion in 2022. Another important component driving demand for semiconductors. The silicon epitaxial wafer market is an important segment of the global semiconductor industry with a wide range of applications in electronic devices such as microprocessors, memory chips, and sensors. According to Statista in 2022, Worldwide sales of semiconductors totaled 580.13 million USD. Semiconductors are essential parts of modern equipment, and the market is very cutthroat. In 2022, the annual growth rate was 4.4 percent. In addition, growth of smart lighting and increase in popularity of IoT in wafers market would create lucrative market growth opportunities. However, Complexities associated with the design and High Cost of Wafer Manufacturing stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Silicon Epitaxial Wafer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia pacific dominated the market in 2022 owing to the growth of the consumer electronics sector and rising demand from end-use industries such as chemical, medical devices and solar energy. North America is expected to be the fastest growing region during the forecast period, owing to factors such as rising adoption of microelectronics in this region.
Major market players included in this report are:
- Ferrotec Holdings Corporation
- Nantong Guosheng Intelligence Technology Group Co. Ltd
- Quantum Leap Electronics Co. Ltd
- Poshing
- National Institute for Smart Government
- Swegan AB
- Sumco Corporation
- Global Wafers Japan CO. Ltd
- Wacker Siltronic Gmbh
- II-VI Incorporated
Recent Developments in the Market:
- In August 2022, II-VI Incorporated has announced a collaboration of a multi-year contract to provide 150 mm silicon carbide (SiC) substrates for power electronics to Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY); this would increase Infineon's supply of cutting-edge electronic components to significant customers around the world.
- In June 2022, Global Wafers Taiwan CO. Ltd. will invest USD 5 Million in a new Texas manufacturing facility that will create and supply 300-millimeter silicon wafers used in semiconductors.
Global Silicon Epitaxial Wafer Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Industry vertical , Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Polished wafer
- Epitaxial wafer
- Silicon-On-Insulator
- Lapping wafer
By Application:
- LED
- Power Semiconductor
- MEMS- Based Devices
By Industry verticals:
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Silicon Epitaxial Wafer Market, by region, 2020-2030 (USD Million)
- 1.2.2. Silicon Epitaxial Wafer Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Silicon Epitaxial Wafer Market, by Application, 2020-2030 (USD Million)
- 1.2.4. Silicon Epitaxial Wafer Market, by Industry Vertical, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Silicon Epitaxial Wafer Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Silicon Epitaxial Wafer Market Dynamics
- 3.1. Silicon Epitaxial Wafer Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Increasing Use of Wafers in Automotive Industry
- 3.1.1.2. Increasing demand for semiconductors
- 3.1.2. Market Challenges
- 3.1.2.1. High Cost of Silicon Epitaxial Wafer
- 3.1.2.2. Complexities associated with the design
- 3.1.3. Market Opportunities
- 3.1.3.1. Growth of smart lighting
- 3.1.3.2. Increase in popularity of IoT in wafers
Chapter 4. Global Silicon Epitaxial Wafer Market: Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Silicon Epitaxial Wafer Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Silicon Epitaxial Wafer Market by Type, Performance - Potential Analysis
- 5.3. Global Silicon Epitaxial Wafer Market Estimates & Forecasts by Type 2020-2030 (USD Million )
- 5.4. Silicon Epitaxial Wafer Market, Sub Segment Analysis
- 5.4.1. Polished wafer
- 5.4.2. Epitaxial wafer
- 5.4.3. Silicon-On-Insulator
- 5.4.4. Lapping wafer
Chapter 6. Global Silicon Epitaxial Wafer Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Silicon Epitaxial Wafer Market by Application, Performance - Potential Analysis
- 6.3. Global Silicon Epitaxial Wafer Market Estimates & Forecasts by Application 2020-2030 (USD Million )
- 6.4. Silicon Epitaxial Wafer Market, Sub Segment Analysis
- 6.4.1. LED
- 6.4.2. Power Semiconductor
- 6.4.3. MEMS- Based Devices
Chapter 7. Global Silicon Epitaxial Wafer Market, by Industry Vertical
- 7.1. Market Snapshot
- 7.2. Global Silicon Epitaxial Wafer Market by Industry Vertical, Performance - Potential Analysis
- 7.3. Global Silicon Epitaxial Wafer Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Million )
- 7.4. Silicon Epitaxial Wafer Market, Sub Segment Analysis
- 7.4.1. Consumer Electronics
- 7.4.2. Automotive
- 7.4.3. Healthcare
- 7.4.4. Industrial
- 7.4.5. Others
Chapter 8. Global Silicon Epitaxial Wafer Market, Regional Analysis
- 8.1. Top Leading Countries
- 8.2. Top Emerging Countries
- 8.3. Silicon Epitaxial Wafer Market, Regional Market Snapshot
- 8.4. North America Silicon Epitaxial Wafer Market
- 8.4.1. U.S. Silicon Epitaxial Wafer Market
- 8.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 8.4.1.3. Industry Vertical breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Silicon Epitaxial Wafer Market
- 8.5. Europe Silicon Epitaxial Wafer Market Snapshot
- 8.5.1. U.K. Silicon Epitaxial Wafer Market
- 8.5.2. Germany Silicon Epitaxial Wafer Market
- 8.5.3. France Silicon Epitaxial Wafer Market
- 8.5.4. Spain Silicon Epitaxial Wafer Market
- 8.5.5. Italy Silicon Epitaxial Wafer Market
- 8.5.6. Rest of Europe Silicon Epitaxial Wafer Market
- 8.6. Asia-Pacific Silicon Epitaxial Wafer Market Snapshot
- 8.6.1. China Silicon Epitaxial Wafer Market
- 8.6.2. India Silicon Epitaxial Wafer Market
- 8.6.3. Japan Silicon Epitaxial Wafer Market
- 8.6.4. Australia Silicon Epitaxial Wafer Market
- 8.6.5. South Korea Silicon Epitaxial Wafer Market
- 8.6.6. Rest of Asia Pacific Silicon Epitaxial Wafer Market
- 8.7. Latin America Silicon Epitaxial Wafer Market Snapshot
- 8.7.1. Brazil Silicon Epitaxial Wafer Market
- 8.7.2. Mexico Silicon Epitaxial Wafer Market
- 8.8. Middle East & Africa Silicon Epitaxial Wafer Market
- 8.8.1. Saudi Arabia Silicon Epitaxial Wafer Market
- 8.8.2. South Africa Silicon Epitaxial Wafer Market
- 8.8.3. Rest of Middle East & Africa Silicon Epitaxial Wafer Market
Chapter 9. Competitive Intelligence
- 9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
- 9.2. Top Market Strategies
- 9.3. Company Profiles
- 9.3.1. Ferrotec Holdings Corporation
- 9.3.1.1. Key Information
- 9.3.1.2. Overview
- 9.3.1.3. Financial (Subject to Data Availability)
- 9.3.1.4. Product Summary
- 9.3.1.5. Recent Developments
- 9.3.2. Nantong Guosheng Intelligence Technology Group Co. Ltd
- 9.3.3. Quantum Leap Electronics Co. Ltd
- 9.3.4. Poshing
- 9.3.5. National Institute for Smart Government
- 9.3.6. Swegan AB
- 9.3.7. Sumco Corporation
- 9.3.8. Global Wafers Japan CO. Ltd
- 9.3.9. Wacker Siltronic Gmbh
- 9.3.10. II-VI Incorporated
Chapter 10. Research Process
- 10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
- 10.2. Research Attributes
- 10.3. Research Assumption