DUBLIN, Jan. 7, 2022 /PRNewswire/ — The “Global Semiconductor Wafer Market By Wafer Size, By Technology, By product type, By end User, By Regional Outlook, Industry Analysis Report and Forecast, 2021 – 2027” report has been added to ResearchAndMarkets.com’s offering.
The Global Semiconductor Wafer Market size is expected to reach $22.03 billion by 2027, rising at a market growth of 4.6% CAGR during the forecast period.
A semiconductor wafer is defined as a thin slice of semiconductor material like silicon or gallium arsenide. These wafers are crucial elements of integrated circuits (ICs). They can be utilized for various applications in smartphones, computers, laptops, digital & electrical gadgets, and others
As semiconductors have become the crucial component of every new technology, the developments and innovations in this domain are directly influencing all downstream technologies. The semiconductor silicon wafer is one of the major elements of various microelectronic devices and is the building block of the electronics industry. These products find potential applications in various types of devices due to the rapid pace of digitization and electronic mobility being the prevalent trends in the market.
The rise in demand for consumer electronic goods like tablets, smartphones, and laptops is expected to boost the demand for reclaimed as well as virgin products which are the crucial elements of the integrated circuits utilized in these devices. Moreover, the semiconductor wafer market is expected to be driven by the rising installations of solar panels, particularly in the Mexico, U.S., and China.
Based on Wafer Size, the market is segmented into 6 Inch, 8 Inch, 12 inch, and others. Based on Technology, the market is segmented into Packaging & Assembly, Wafer Bumping, Testing & inspection, and others. Based on product type, the market is segmented into Processor, Memory, Analog, and others. Based on end User, the market is segmented into Consumer Electronics, Automotive, Industrial, Telecommunications, and others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
COVID-19 Impact Analysis
The electronics and semiconductor industry has been severely impacted by the outbreak of the COVID-19 pandemic. Companies and manufacturing facilities across several nations were shut down, due to the stringent lockdown restrictions in response to the rising number of COVID-19 cases. Moreover, the pandemic has created uncertainty in the stock market and led to declined business confidence, remarkable disruption in supply chin, and a rise in panic among the customer segments.
Due to strict lockdown restrictions, the Asia and European nations have experienced a massive loss of business and revenue owing to the closure of manufacturing facilities. The global pandemic has severely impacted the activities of production and manufacturing firms; thereby hampered the growth of the semiconductor wafer market during the pandemic.
Market Growth Factors:
Growing demand and popularity of Electric vehicles
Electric Vehicles (EVs) are witnessing massive popularity and demand globally. This is credited to the rising concerns about the environment. As per the estimates of the International Energy Agency, the sale of EVs is expected to cross 250 million by 2030, thereby decreasing the demand for oil by around 4.3 million barrels each day. In addition, governments around the world are introducing initiatives and policies to adopt EVs on a wide scale.
Massive demand across vehicular safety
The traction of self-driving vehicles is constantly increasing as process automation is increasing inroads in the worldwide automotive sector. In addition, the various complicated chips controlling the functions of all systems should be safeguarded against electrical errors which may diminish sophisticated features like collision avoidance. As per the Industrial Standard ISO26262, the automotive sector makes it a priority to provide mechanical engineering more superior in terms of safety. The standard provides stringent regulations for manufacturing chips impenetrable to erroneous signals and effects that occurred by sunlight, overlocking, age, and other radiation kinds.
Marketing Restraining Factor:
Complicated nature of manufacturing
Factors such as the consistently changing semiconductor market and the complicated nature of the manufacturing process are anticipated to slow down the growth and demand for semiconductor wafers during the forecasting period. In addition, one of the barriers to the growth of the market is the massive production costs of semiconductor wafers. Moreover, massive initial costs with an uncertain return on investment is expected to hamper the growth of the semiconductor wafers during the forecasting period.
Wafer Size Outlook
The Semiconductor Wafer Market is segregated into 6 Inch, 8 Inch, 12 inch, and others. Among these, the 12 Inch segment contributed the largest revenue share in the semiconductor wafer market in 2020. This is credited to the high demand for the product across several industries.
Product Type Outlook
The Semiconductor Wafer market is segregated into Processor, Memory, Analog, and others. In 2020, the memory segment garnered the maximum revenue share of the semiconductor wafer market.
End-user Outlook
The Semiconductor Wafer Market is divided into Consumer Electronics, Automotive, Industrial, Telecommunications, and others. Moreover, the segment significantly uses the semiconductor wafer in consumer electronic devices such as laptops, computers, smartphones, and other systems in order to improve energy efficiency and for high-frequency rectification.
Regional Outlook
The Semiconductor Wafer Market is analyzed across North America, Europe, APAC, and LAMEA. APAC region procured the maximum revenue share of the overall semiconductor wafer market in 2020. Moreover, the segment is likely to showcase a promising growth rate throughout the forecasting period. This is credited to the massive growth of the consumer electronics industry.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ASM International N.V., Shin-Etsu Chemical Co., Ltd., Okmetic Oy (National Silicon Industry Group NSIG), GlobalWafers Singapore Pte. Ltd. (Sino-American Silicon Products Inc.), ASML Holding N.V., Elkem ASA, Lanco Infratech, Applied Materials, Inc., and Sumco Corporation.
Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview2.1 Introduction2.1.1 Overview2.1.1.1 Market Composition and Scenario2.2 Key Factors Impacting the Market2.2.1 Market Drivers2.2.2 Market Restraints Chapter 3. Strategies Deployed in Semiconductor Wafer Market Chapter 4. Global Semiconductor Wafer Market by Wafer Size4.1 Global 12 Inch Market by Region4.2 Global 6 Inch by Region4.3 Global 8 Inch Market by Region4.4 Global Others Wafer Size Market by Region Chapter 5. Global Semiconductor Wafer Market by Technology5.1 Global Packaging & Assembly Market by Region5.2 Global Wafer Bumping Market by Region5.3 Global Testing & Inspection Market by Region5.4 Global Others Market by Region Chapter 6. Global Semiconductor Wafer Market by Product Type6.1 Global Memory Market by Region6.2 Global Processor Market by Region6.3 Global Analog Market by Region6.4 Global Others Market by Region Chapter 7. Global Semiconductor Wafer Market by End User7.1 Global Consumer Electronics Market by Region7.2 Global Automotive Market by Region7.3 Global Industrial Market by Region7.4 Global Telecommunication Market by Region7.5 Global Others Market by Region Chapter 8. Global Semiconductor Wafer Market by Region Chapter 9. Company Profiles9.1 ASM International N.V9.1.1 Company Overview9.1.2 Financial Analysis9.1.3 Regional & Segmental Analysis9.1.4 Regional & Segmental Analysis9.1.5 Research & Development Expenses9.1.6 Recent strategies and developments:9.1.6.1 Partnerships, Collaborations, and Agreements:9.1.6.2 Product Launches and Product Expansions:9.2 Shin-Etsu Chemical Co., Ltd.9.2.1 Company Overview9.2.2 Financial Analysis9.2.3 Regional & Segmental Analysis9.2.4 Regional & Segmental Analysis9.2.5 Research & Development Expenses9.2.6 Recent strategies and developments:9.2.6.1 Partnerships, Collaborations, and Agreements:9.3 Okmetic Oy (National Silicon Industry Group)9.3.1 Company Overview9.4 GlobalWafers Singapore Pte. Ltd. (Sino-American Silicon Products, Inc.)9.4.1 Company Overview9.4.2 Financial Analysis9.4.3 Regional & Segmental Analysis9.4.4 Regional & Segmental Analysis9.4.5 Research & Development Expenses9.4.6 Recent strategies and developments:9.4.6.1 Partnerships, Collaborations, and Agreements:9.4.6.2 Acquisition and Mergers:9.5 ASML Holding N.V.9.5.1 Company Overview9.5.2 Financial Analysis9.5.3 Regional Analysis9.5.4 Research & Development Expenses9.6 Elkem ASA9.6.1 Company Overview9.6.2 Financial Analysis9.6.3 Regional & Segmental Analysis9.6.4 Research & Development Expenses9.7 Lanco Infratech9.7.1 Company Overview9.8 Applied Materials, Inc.9.8.1 Company Overview9.8.2 Financial Analysis9.8.3 Segmental & Regional Analysis9.8.4 Research & Development Expenses9.8.5 Recent strategies and developments:9.8.5.1 Partnerships, Collaborations, and Agreements:9.8.5.2 Product Launches and Product Expansions:9.9 Sumco Corporation9.9.1 Company Overview9.9.2 Financial Analysis9.9.3 Regional Analysis9.9.4 Research & Development ExpensesFor more information about this report visit https://www.researchandmarkets.com/r/yh3cda
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