Press release
Thin Wafer Market 2027 : Overall Growth, Major Industry Leaders & Future Insights | SK Siltron Co., Ltd., Siltronic AG, GlobalWafers
Ongoing advancements in electronics and semiconductor products and the increasing need for the development of compact products, is significantly driving the demand for thin wafer technology. This technology is being highly adopted for manufacturing AI-chipsets-which are gaining massive popularity across automotive sector. AI-chipsets based on thin wafer technology, provide enhanced performance, energy efficiency, and smaller footprint appropriate for automotive environment. In light of the growing prominence of thin wafer applications, the industry is expected to witness a commendable growth over the subsequent years.
Quoting an instance of the automotive application, in 2021, Nvidia launched AI-enabled system-on-chip platform- Drive Atlan for autonomous vehicles. This platform reportedly combines GPU, CPU and DPU on a chip that utilizes machine vision accelerators, deep learning and Ampere-Next GPU resources for delivering 1,000 Trillion Operations/Second. Such developments are providing lucrative growth prospects for the thin wafer market.
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Top Key Players Are : SK Siltron Co., Ltd., Siltronic AG, GlobalWafers, Shin-Etsu Chemical Co., Ltd., SUMCO CORPORATION, and Virginia Semiconductor Inc.
Besides automotive industry, thin wafer technology is gaining immense popularity for developing logic ICs that are widely used in data centers and high-performance computing applications. Thinning technology is highly preferred in logic devices in order to achieve high-speed processing and reconfigurations.
As per the World Semiconductor Trade Statistics, in 2020, revenue generated from the sales of logic-based semiconductors was recorded as USD 113.42 billion and is expected to register 7.1% y-o-y growth, accounting for the revenue of USD 121.50 billion in 2021. With increasing sales of logic-based devices globally demand for thin wafers is rising providing positive growth prospects for the industry. Reportedly, logic application segment is anticipated to register a CAGR of 5.5% through 2027.
Considering the regional outlook, thin wafers industry is poised to generate lucrative growth opportunities from Europe. According to the report, Europe thin wafer market is projected to register a CAGR of 6.5% through 2027. This can be credited to the presence of prominent semiconductor companies like GlobalFoundries, Nexperia, Siltronic AG, STMicroelectronics, etc.
In addition, favorable government initiatives and funding activities is complementing the growth of regional industry further. For instance, in 2018, the European Commission along with the UK, Italy, France and Germany launched a joint project for research and development in the fields of microelectronics and semiconductor. EU approved the sanction of USD 2.06 billion for R&D activities and an additional USD 7.05 billion funds for attracting foreign semiconductor manufacturers to Europe.
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Table Of Content:
Chapter 5 Thin Wafer Market, By Thickness
5.1 Key trends by thickness
5.2 >200 μm
5.2.1 Market estimates and forecasts, 2016 – 2027
5.3 100 μm-199 μm
5.3.1 Market estimates and forecasts, 2016 – 2027
5.4 50 μm-99 μm
5.4.1 Market estimates and forecasts, 2016 – 2027
5.5 30 μm-49 μm
5.5.1 Market estimates and forecasts, 2016 – 2027
5.6 10 μm-29 μm
5.6.1 Market estimates and forecasts, 2016 – 2027
5.7
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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