Press release
Europe Semiconductor Silicon Wafer Market Showing Impressive Growth by 2031 | Industry Trends, Share, Size, Top Key Players Analysis and Forecast Research
The Europe semiconductor silicon wafer market was valued at US$ 882.45 million in 2023 and is expected to reach US$ 1,092.62 million by 2031; it is estimated to register a CAGR of 2.7% from 2023 to 2031.The 5G network is ∼100 times faster than the 4G network, making real-time data acquisition easier. As the 5G network provides strong connectivity and high-speed data transfer, its demand is increasing worldwide. According to the Groupe Speciale Mobile Association (GSMA), 5G penetration across the globe is expected to reach 54% by 2030 from 12% in 2022. 5G penetration in Europe is expected to increase from 4% and 11% in 2022 to 41% and 87% by 2030, respectively. As 5G is the critical new-generation network technology that can enable innovation and support digital transformation, its demand is increasing across the globe.
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With the rise in 5G penetration, governments of various countries are investing in 5G infrastructure. In July 2021, the government of France announced its plan to invest ~US$ 2.06 billion (€1.7 billion) in its 5G sector by 2025 via public and private investments. With this plan, the government aims to accelerate the development of 5G in the country. Such growing investments in 5G help improve connectivity and raise the demand for connected devices. This growth in 5G technology adoption is also raising the demand for semiconductors, which led companies such as Samsung and TSMC (Taiwan Semiconductor Manufacturing Company) to initiate production of 5G chips on their 7 nm process node.
MARKET INTRODUCTION
The growing adoption and manufacturing of electric vehicles, advanced driver-assistance systems (ADAS), and telecommunication are creating the need for the development of various electronic components, which drives the semiconductor silicon wafer market. Moreover, Europe is prominent in automotive manufacturing and is experiencing a rise in demand for advanced semiconductors for the electrification and automation of vehicles. The growing demand for semiconductors is fulfilled by the construction of various semiconductor manufacturing facilities across Europe. For example, in August 2023, Semiconductor makers Robert Bosch, Taiwan Semiconductor Manufacturing Company (TSMC), Infineon Technologies, and NXP have formed a joint venture to invest in a new semiconductor plant in Dresden, Germany.
List of Companies Profiled in the Europe Semiconductor Silicon Wafer Market Report are:
• Ferrotec Holdings Corporation
• Fujimi Incorporated
• GlobalWafers Co., Ltd
• LONGi Green Energy Technology Co Ltd
• Nano Quarz Wafer GmbH
• NANOCHEMAZONE
• Nanografi Nano Technology
• Okmetic
• PI-KEM Limitedr
• Shin-Etsu Chemical Co Ltd
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Key Segmentation:
The Europe semiconductor silicon wafer market is categorized into type, application, node type, and country.
By type, the Europe semiconductor silicon wafer market is segmented into Up to 150 mm, Diameter 200mm, Diameter 300mm, and Diameter 450mm. The Diameter 300mm segment held the largest share of the Europe semiconductor silicon wafer market share in 2023.
In terms of application, the Europe semiconductor silicon wafer market is segmented into consumer electronics, industrial, telecommunications, automotive, and others .The consumer electronics segment held the largest share of the Europe semiconductor silicon wafer market share in 2023.
Based on node type, the Europe semiconductor silicon wafer market is segmented into 180 nm, 130 nm, 90 nm, 65 nm, 45 nm, 22 nm, 14 nm, 7 nm, 5 nm and Below, and Others. The 7 nm segment held the largest share of the Europe semiconductor silicon wafer market share in 2023.
Based on country, the Europe semiconductor silicon wafer market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany segment held the largest share of Europe semiconductor silicon wafer market in 2023.
Table of Contents
1. Introduction
1.1 Business Market Insights Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Market Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Europe Semiconductor Silicon Wafer Market Landscape
4.1 Market Overview
4.2 Porter's Five Forces Analysis
4.2.1 Bargaining Power of Suppliers
4.2.2 Bargaining Power of Buyers
4.2.3 Threat of New Entrants
4.2.4 Competitive Rivalry
4.2.5 Threat of Substitutes
4.3 Ecosystem Analysis
4.3.1 Raw Material Suppliers
4.3.2 Manufacturers
4.3.3 Distributors/Suppliers
4.3.4 End Users
5. Europe Semiconductor Silicon Wafer Market - Key Market Dynamics
5.1 Growth Drivers
5.1.1 Surge in Demand for Consumer Electronics
5.1.2 Emergence of 5G
5.1.3 Rise in Preference for Fabless Manufacturing
5.2 Market Opportunities
5.2.1 Increasing Demand for Electric Vehicles
5.2.2 Government Initiatives for Semiconductor Industry Growth more ...
Contact us:
If you have any questions about this report or would like further information, please contact us:
Contact person: Ankit Mathur
Email: sales@businessmarketinsights.com
Phone: +16467917070
About Us:
Business Market Insights is a market research platform that provides subscription service for industry and company reports. Our research team has extensive professional expertise in domains such as Electronics & Semiconductor; Aerospace & Defence; Automotive & Transportation; Energy & Power; Healthcare; Manufacturing & Construction; Food & Beverages; Chemicals & Materials; and Technology, Media, & Telecommunications.
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