Semiconductor Silicon Wafer Market 2021 Growing Technology Trends, Demand and Business Opportunities- Shin-Etsu Handotai, Siltronic AG, SUMCO Corporation, SK Siltron Co. Ltd, SOITEC SA, Globalwafers Co. Ltd, Okmetic Inc., Wafer Works Corporation, Episil-P

The “Semiconductor Silicon Wafer Market” report is an in-depth study of the market, along with an analysis of its key segments. The relationship is built through extensive primary and secondary research. In-depth market data is generated through interviews and data collection from industry experts and professionals. The study is a detailed document on key aspects of the markets including trends, segmentation, growth prospects, opportunities, challenges, and competitive analysis.

The semiconductor silicon wafer market was valued at USD 9.85 billion in 2019 and is expected to reach USD 13.64 billion by 2025, with a CAGR of 6.18% during the forecast period from 2020 to 2025.

The report is updated with the impact of the currently ongoing COVID-19 pandemic. The pandemic has dynamically affected key market segments and changed the growth pattern and demands in the Semiconductor Silicon Wafer market. The report covers an in-depth analysis of these changes and provides an accurate estimate of the market growth forecast after the impact of the pandemic.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Semiconductor Silicon Wafer Market: Shin-Etsu Handotai, Siltronic AG, SUMCO Corporation, SK Siltron Co. Ltd, SOITEC SA, Globalwafers Co. Ltd, Okmetic Inc., Wafer Works Corporation, Episil-Precision Inc.

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Industry News and Developments:

- March 2020 - SK Siltron announced it had completed the acquisition of DuPont's Silicon Carbide Wafer (SiC Wafer) unit. Demand for power semiconductors is increasing at a healthy rate as automakers are scrambling to enter the electric vehicle market, and telecommunication companies are expanding ultra-fast 5G networks. SiC wafers have high hardness, heat resistance, and the ability to withstand high voltages.

- March 2020 - GlobalWafers' 6-inch silicon wafer plant in Malaysia has returned to regular production and runs at full utilization, according to the company. Production at the plant was disrupted briefly by a coronavirus lockdown in the country.

Key Market Trends

Consumer Electronics is Expected to Occupy a Significant Market Share

- The demand for more compact electronics has led to a high degree of miniaturization. Silicon wafers are the primary material for manufacturing semiconductors, which are essential components of virtually all electronics goods, including several consumer electronics such as mobiles, tablets, and P.C.s. In the current market scenario, a significant portion of electronic devices, including laptops, smartphones, computers, etc., still use I.C.s and other semiconductor devices manufactured from silicon substances. Although silicon is still dominating the primary applications in the consumer electronics market, new materials replace the previous substrates and packaging for a few uses.

- According to Consumer Technology Association (CTA), 'U.S. Consumer Technology Sales and Forecast' study, CTA expects that 5G-enabled smartphone devices will reach 2.1 million units and cross USD 1.9 billion in revenue triple-digit increases through 2021. Furthermore, in 2019, Apple announced a contribution of USD 350 billion to the U.S. economy by 2023 and promised 2.4 million jobs, over the next five years, which comprises of new investments and its existing spending with domestic companies for supply and manufacturing. The company is a prominent player in the consumer electronics industry; hence, the announcement is expected to propel the demand for semiconductor silicon wafers.

- In September 2019, The Singapore-MIT Alliance for Research and Technology (SMART), MIT's Research Enterprise in Singapore, has announced the successful development of a commercially viable way to manufacture integrated Silicon III-V Chips with powerful performance III-V devices inserted into their design. In most devices nowadays, silicon-based CMOS chips are primarily used for computing, but they are not efficient for communications and illumination, resulting in low efficiency and heat generation. This is why current 5G mobile devices on the market get very hot upon use and shut down after a short time. However, combining III-V semiconductor devices with silicon in a commercially viable way is one of the most complex challenges faced by the semiconductor industry.

- In August 2019, Cree, Inc. and ON Semiconductor Corporation announced signed a multi-year agreement where Cree will produce and supply its Wolfspeed silicon carbide wafers to ON Semiconductor, a global semiconductor leader serving customers across the spectrum of electronics applications. The agreement, valued at more than USD 85 million, provides for the supply of Cree's advanced 150mm silicon carbide (SiC) bare and epitaxial wafers to ON Semiconductor high-growth markets. Cree is a provider of Wolfspeed power and radio frequency (RF) semiconductors and lighting-class LEDs. Cree's Wolfspeed products include silicon carbide materials, power-switching devices, and R.F. devices.

For a comprehensive understanding of market dynamics, the global Semiconductor Silicon Wafer market is analyzed across key geographies namely: United States, China, Europe, Japan, South-east Asia, India, and others. Each of these regions is analyzed on basis of market findings across major countries in these regions for a macro-level understanding of the market.

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Influence of the Semiconductor Silicon Wafer market report:

-Comprehensive assessment of all opportunities and risks in the Semiconductor Silicon Wafer market.

–Semiconductor Silicon Wafer market recent innovations and major events.

-Detailed study of business strategies for growth of the Semiconductor Silicon Wafer market-leading players.

-Conclusive study about the growth plot of Semiconductor Silicon Wafer market for forthcoming years.

-In-depth understanding of Semiconductor Silicon Wafer market-particular drivers, constraints, and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the Semiconductor Silicon Wafer market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Semiconductor Silicon Wafer Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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