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Semiconductor Epitaxy Foundry Market Size, Trends & Forecasts | Valuates Reports
Semiconductor Epitaxy Foundry Market SizeThe global market for Semiconductor Epitaxy Foundry was valued at US$ 148130 million in the year 2024 and is projected to reach a revised size of US$ 240930 million by 2031, growing at a CAGR of 7.3% during the forecast period.
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The production and manufacturing of compound semiconductors was originally based on the IDM business model, but in recent years, with the continuous maturity of process technology, the growth of market application demand, and the entry of more and more related design companies, the wafer foundry There are more and more business needs, which is very similar to the popularization process of the logic device foundry industry, and the development prospect is very broad. Epitaxy refers to the process of growing a new single crystal on a single crystal substrate. The new single crystal can be of the same material as the substrate, or it can be a different material. Epitaxy can produce a wider variety of materials, allowing more options for device design. The process of semiconductor epitaxial foundry is: Fabless develops a proprietary process according to its own device requirements, and then transfers it to the foundry for production. There is no relatively standard process flow, and what is tested is Foundry"s comprehensive capabilities such as characteristic development capabilities, technical experience, and customized services.
The global market for semiconductor was estimated at US$ 579 billion in the year 2022, is projected to US$ 790 billion by 2029, growing at a CAGR of 6% during the forecast period. Although some major categories are still double-digit year-over-year growth in 2022, led by Analog with 20.76%, Sensor with 16.31%, and Logic with 14.46% growth, Memory declined with 12.140% year over year. The microprocessor (MPU) and microcontroller (MCU) segments will experience stagnant growth due to weak shipments and investment in notebooks, computers, and standard desktops. In the current market scenario, the growing popularity of IoT-based electronics is stimulating the need for powerful processors and controllers. Hybrid MPUs and MCUs provide real-time embedded processing and control for the topmost IoT-based applications, resulting in significant market growth. The Analog IC segment is expected to grow gradually, while demand from the networking and communications industries is limited. Few of the emerging trends in the growing demand for Analog integrated circuits include signal conversion, automotive-specific Analog applications, and power management. They drive the growing demand for discrete power devices.
This report aims to provide a comprehensive presentation of the global market for Semiconductor Epitaxy Foundry, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Semiconductor Epitaxy Foundry.
By Type
• SiC Foundry
• GaN Foundry
• GaAs Foundry
By Application
• Optical Device Manufacturer
• Electronic Equipment Manufacturer
Key Companies
WIN Semiconductors, Advanced Wireless Semiconductor Commpany, Qorvo, GCS, TSMC, Sanan, Sichuan Haite High-Tech Co.,Ltd, Chengdu Hiwafer Semiconductor Co.,Ltd., Episil, X-Fab, UMC, HUAHONG, Ceramicforum, SinoGaN, TYSiC, CorEnergy Semiconductor, NTT-AT
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