Semiconductor wafer market Overview

Globally, the size of semiconductor wafer market is expected to grow to USD 40 billion, with a Healthy CAGR of 3.8% by 2027.The global semiconductor wafer market is growing rapidly. The market growth attributes to the    booming mobile phone industry and wireless communication devices. Semiconductor wafer   technology provides data processing capabilities and is majorly used in integrated circuits required in various electronic devices like computers, smartphones, military weapons, and others. Due to the extensive absorption of semiconductor wafers in consumer electronics and devices used in telecom and automotive systems, the market demonstrates vast opportunities. In this regard, an eminent research firm - Additionally, factors such as vast technological development and advancements in semiconductor wafer technology in electronics industries worldwide have grown immensely. The penetration of 4G and 5G networks and economic growth worldwide have been influential for the growing market landscape.  Furthermore, increasing sales of solar panel and solar cells due to the growing demand for solar energy boost the semiconductor wafer market size. On the other hand, the high production costs of semiconductor wafers are a major factor impeding market growth. Nevertheless, the growing usage of semiconductor wafers in power amplifiers for transmitting ultra-high radio frequency, high-speed signals, and fast electronic switching applications would support the market growth throughout the forecast period.

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Major Players

Players leading the semiconductor wafer market include ASM International (U.S.), Applied Materials (U.S.), Nikon (Japan), Screen Semiconductor Solutions (Japan), Hitachi High-Technologies Corporation (Japan), Hitachi Kokusai (Japan), ASML Holding (Netherlands), KLA-Tencor Corporation (Japan), Tokyo Electron Limited (Japan), and Lam Research Corporation (U.S.), among others.

Global Semiconductor Wafer Market – Segments

The report is segmented into three dynamics;

By Process     :  BOEL, FEOL, and others.

By Regions     :  North America, Europe, APAC, and the Rest-of-the-World.

By Application: Consumer Electronics (Smartphone, Tablet/PC, Television, others), IT, BFSI, Healthcare, Telecom, Automotive, and others.

Semiconductor Wafer Market - Competitive Landscape

Highly competitive, the global semiconductor wafer market appears fragmented due to the presence of many well-established players. They incorporate strategic approaches, such as acquisition, partnership, collaboration, expansion, and product/technology launch to gain competitive advantage and stay at the market forefront. 

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Semiconductor Wafer Market –Regional Analysis

The Asia Pacific region dominates the global semiconductor wafer market. The region houses a large number of semiconductor manufacturing companies. Also, the region has long been attracting foreign investors with its raw material advantage and the availability of cost-competitive workforces, impacting the region's market share.

Growing demand for technologically advanced gadgets such as computers, laptops, tablets, and rising numbers of smartphone users fosters the semiconductor wafer market size. Countries like Japan, South Korea, China, and India account for leading markets for semiconductor wafers.

The North American region is another lucrative market for semiconductor wafers. The market growth is driven by the proliferation of photovoltaic, optoelectronic, and wireless communication devices. Additionally, the rapidly growing market of solar cells and the proliferation of solar energy positively impact the regional market's growth. Besides, the well-penetrated electronics and smart devices in the region push the market growth.

The European semiconductor wafer market is expected to demonstrate a steady growth during the forecast period. Factors such as the burgeoning automotive, electronics, and aerospace & defense sectors in the region drive the market growth. The need for safe, reliable, and clean energy source in various European countries create substantial market demand, driving the uses of solar cells.

Industry/ Innovation/Related News 

Feb. 19, 2021 — Jinko Solar Holding Co., Ltd., a leading global solar module manufacturer, announced its plan to sign a strategic co-operation agreement with Tongwei Co., Ltd. to jointly invest in a high-purity crystalline silicon project with an annual capacity of 45,000 Mt and a silicon wafer project with a 15GW annual production capacity, as well as develop a more extensive industrial chain co-operation.

This strategic partnership would benefit these two companies from different segments of the solar industrial chain and strengthen resource sharing and integration within the PV industry. Further, this deal would position both parties as industry leaders and power their dominance, creating a win-win manufacturing ecosystem.

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TABLE OF CONTENTS

1 MARKET INTRODUCTION

1.1 INTRODUCTION

1.2 SCOPE OF STUDY

1.2.1 RESEARCH OBJECTIVE

1.2.2 ASSUMPTIONS

1.2.3 LIMITATIONS

1.3 MARKET STRUCTURE:

1.3.1 GLOBAL SEMICONDUCTOR WAFER MARKET, BY PROCESS

1.3.2 GLOBAL SEMICONDUCTOR WAFER MARKET: BY APPLICATION

2 RESEARCH METHODOLOGY

2.1 RESEARCH PROCESS

2.2 PRIMARY RESEARCH

2.3 SECONDARY RESEARCH

2.4 FORECAST MODEL

2.4.1 MARKET DATA COLLECTION, ANALYSIS & FORECAST

2.4.2 MARKET SIZE ESTIMATION

2.4.3 MARKET CRACKDOWN & DATA TRIANGULATION

3 GLOBAL SEMICONDUCTOR WAFER MARKET: OVERVIEW

3.1 INTRODUCTION

3.1.1 DEFINITION

3.1.2 MARKET SEGMENTATION OF SEMICONDUCTOR WAFER MARKET