Silicon Wafers Market 2018 Global Leaders Overview: Siltronic AG, Elkem AS, Addison Engineering, Renewable Energy, LG Siltron, Advance Semiconductor, SUMCO

Market Research Future published a research report on “Silicon Wafers Market Research Report- Global Forecast 2022” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022.

Market Scenario:

Silicon wafer provides the data processing capabilities and are majorly used in integrated circuits. Integrated circuits are used in many various devices like computers, smart phones, gaming device and military weapons among others. In the recent times market has grown immensely and the reason behind it is technological development and the advancement in the silicon wafers technology used in the electronic industry. Moreover, the growing demand for the solar energy will contribute to the growth of the solar panel and solar cells which in turn will boost up the silicon wafer market as the silicon wafers are widely used in the manufacturing of the solar cells.

As per the trend, 300mm silicon wafers have captured the market of the silicon wafers as it is widely used by the semiconductor industry however the major players have restricted their investments in new technology i.e. 450mm wafers, due to its high manufacturing costs of processing and lower expected returns on investments. Moreover, silicon wafers also has the growing demand in electronic industry due to its flexible and small size, high reliability, low weight, and low power consumption.

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Currently this market has been growing with the very high CAGR of 8.5% and has been valued at US $333 million in 2016. It is expected that Global Silicon Wafers Market will reach the market size of US $503 million by the end of forecasted period 2022.

Key Players

The major players operating in the market of Silicon wafers are- Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan) , Siltronic AG (Germany), MEMC Electronic Materials Inc.(California), LG Siltron Inc.( South Korea), Advance Semiconductor Inc.(U.S.), and SUMCO Corp.(Japan) among others

Global Silicon Wafers Market - Competitive Analysis

The Semiconductor Silicon Wafer market is highly competitive and concentrated due to the presence of regional and global Semiconductor Silicon Wafer vendors. The primary focus of Semiconductor Silicon Wafer companies is to strengthen their technological expertise. This will help them to broaden their Semiconductor Silicon Wafer product portfolio and survive for a long time in Semiconductor Silicon Wafer industry. Vendors of the Semiconductor Silicon Wafer market are also focusing on Semiconductor Silicon Wafer product line extensions and product innovations to increase their Semiconductor Silicon Wafer market share.

Segments:

The Silicon wafers market has been segmented on the basis of-

• By Size - 150 mm, 200mm, 300mm, and 450mm.
• By Type – N-Type and P-Type.
• By Application - Solar cells, Integrated Circuits, Photoelectric Cells, and Others.

Market Research Future Analysis:

The Global Silicon Wafers market is estimated to grow at a promising rate in upcoming years. EMEA is the leading region among North America, and Asia-Pacific region. Asia-Pacific is the fastest growing region which is estimated to show high growth during forecast period. Increasing demand of advanced technological gadgets such as computers, laptops, and smartphones is the major growth drivers for silicon wafers market in Asia-Pacific region.
European region will show the steady growth in the silicon wafers market as the automotive, electronic market which make use of the silicon wafers are already established in the region.

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Intended Audience

• Silicon wafers developers
• Integrated chip developers
• Government Agencies
• Research Institutes & Universities

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