Semiconductor Wafer Industry, Trends, Scope, Analysis, Forecast !
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 - Market Research Future (MRFR), asserts that the
global semiconductor wafer market valuation would reach USD 40BN by 2022,
registering a 3.8% CAGR during the forecast period (2016-2022). Uses of
semiconductor wafer technology
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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Global Semiconductor
Wafer Market – Segments
The report is segmented
into three dynamics;
By Process : BOEL, FEOL, and others.
By Application: Consumer Electronics (Smartphone, Tablet/PC,
Television, others), IT, BFSI, Healthcare, Telecom, Automotive, and others.
By Regions :
North America, Europe, APAC, and the Rest-of-the-World.
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.
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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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.
Industry/
Innovation/Related News
Feb. 19, 2021 — JinkoSolar
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.
Ref:
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