Epitaxial Wafer Market World's Top Players Include EpiWorks Inc., Global Wafers Japan Co. Ltd., Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd.

Epitaxial Wafer, also known as Epi-wafer is placed over other silicon wafer through epitaxial process. Epitaxy is a process in which a monocrystalline silicon layer is deposited over the polished crystal surface of a silicon wafer.

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Market Driver:

Major factor driving growth of the epitaxial wafer market is increasing use of LED lighting across the globe and this is fueling demand for epitaxial wafer. For instance, according to Coherent Market Insights’ analysis, the rate of LED lighting penetration in 2015 was 15% and it has increased to 27% in 2016, globally. The factor attributed to growth of LED lighting is increasing demand for energy efficient lighting products that help in reducing consumption of electricity and this is a major factor for replacing conventional lighting products with LED lighting across residential, commercial, and industrial sectors. LED lights are mainly incorporated with number of ICs.
Initial high capital investments will restrict small players to enter in the semiconductor manufacturing sector. This factor will further restrict growth of epitaxial wafer market in the near future.

Increasing silicon wafer shipments is further driving growth of the market. For instance, according to SEMI (a global industry association serving the manufacturing supply chain including Semiconductors, Sensors, High-Brightness LED, Photovolatics PV, Flat Panel Display, Micro-ElectroMechanical Systems, and Flexible, Hybrid and Printed Electronics), total silicon wafer area shipments reached 3,255 million square inches during the third quarter of 2018, a 3.0% rise from the 3,164 million square inches shipped during the second quarter of 2018.

Global Epitaxial Wafer Market: Regional Insights

The market for epitaxial wafer in Asia Pacific accounted for largest share in the global market in 2017. The factor attributed to growth of this market is increasing penetration of smartphones, increasing adoption of IoT, self-driving cars, and others.

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Key companies

Major players operating in the global epitaxial wafer market include EpiWorks Inc., Global Wafers Japan Co. Ltd., Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd. Intelligent Epitaxy Technology Inc.IQE plc. , Jenoptic AG, MOSPEC Semiconductor Corporation, Norstel AB, Ommic S.A., Silicon Valley Microelectronics Inc. ,SVT Associates Inc. Universal Wafer Inc., Wafer Works Corporation, Xiamen Powerway Advanced Materials Co. Ltd., and Visual Photonics Epitaxy Co. Ltd.

Detailed Segmentation:

• Global Epitaxial Wafer Market, By Deposition Type:

o Heteroepitaxy
o Homeoepitaxy

• Global Epitaxial Wafer Market, By Wafer Size:

o 50mm to 100mm
o 100mm to 150mm
o Above 150mm

• Global Epitaxial Wafer Market, By Application:

o LED Semiconductor
o Power Semiconductor
o MEMS-based devices

About Coherent Market Insights:
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This release was published on openPR.