Global Epitaxial Wafer Market Analysis Report 2022: Industry Trends, Share, Size, Growth, Opportunity and Forecast to 2027 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Epitaxial Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.
The global epitaxial wafer market reached a value of US$ 2.81 billion in 2021. Looking forward, the market is projected to reach a value of US$ 5.49 billion by 2027, exhibiting a CAGR of 11.60% during 2022-2027.
Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different End-use industries. These insights are included in the report as a major market contributor.
The epitaxial wafer, also known as epi wafer, is a layer of epitaxial silicon single crystal deposited on a single crystal silicon wafer. It assists in controlling doping profiles that are not achievable through traditional methods like diffusion and ion implantation.
It is used in diode and transistor elements and integrated circuit (IC) substrates, such as bipolar and metal-oxide-semiconductor (MOS). It is also utilized in power devices and energy-saving of various power-sourced items. Apart from this, it finds extensive applications in smartphones, light-emitting diodes (LEDs), gyroscopes, laptops, tablets and gaming consoles across the globe.
Epitaxial Wafer Market Trends
At present, there is a considerable rise in the demand for epitaxial wafers in consumer electronics, which enable higher electron mobility and micro-electromechanical systems (MEMS) devices.
This represents one of the key factors strengthening the growth of the market. Moreover, there is an increase in the employment of epitaxial wafers in the automotive industry to track and control temperature, pressure, flow, and level through robots. This, coupled with the rising sales of autonomous and electric vehicles (EVs) and self-driving trucks and the burgeoning automotive sector around the world, is propelling the growth of the market.
In addition, the increasing adoption of the internet of things (IoT) in epitaxial wafers due to their advanced applications is positively influencing the market. Besides this, the rising focus on reducing the consumption of electricity and the growing awareness about green technology among individuals are catalyzing the demand for epitaxial wafers.
Additionally, governments of several countries are undertaking initiatives to promote the usage of light-emitting diodes (LEDs), which is projected to offer lucrative growth opportunities to industry investors and End-users.
Key Questions Answered in This Report
- How has the global epitaxial wafer market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global epitaxial wafer market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the wafer size?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the industry vertical?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global epitaxial wafer market and who are the key players?
- What is the degree of competition in the industry?
Competitive Landscape
The competitive landscape of the industry has also been examined along with the profiles of the key players being
- Electronics And Materials Corporation Limited
- Epistar Corporation
- GlobalWafers (Sino-American Silicon)
- II-VI Incorporated
- IntelliEPI
- IQE PLC
- Jenoptic AG
- Nichia Corporation
- Showa Denko K. K.
- Silicon Valley Microelectronics Inc.
- Siltronic AG (Wacker Chemie AG)
- Sumco Corporation
Key Market Segmentation
Breakup by Type:
- Heteroepitaxy
- Homoepitaxy
Breakup by Wafer Size:
- 2-4 Inch
- 5-8 Inch
- 9-12 Inch
- Others
Breakup by Application:
- LED
- Power Semiconductor
- MEMS-Based Devices
- Others
Breakup by Industry Vertical:
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
For more information about this report visit https://www.researchandmarkets.com/r/kgkllb
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