IMARC Group’s latest research report, titled “Epitaxial Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global epitaxial wafer market reached a value of US$ 2.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.49 Billion by 2027, exhibiting a CAGR of 11.60% during 2022-2027.
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The epitaxial wafer, or epi wafer, refers to a layer of epitaxial silicon single crystal deposited on a single crystal silicon wafer. It is utilized in integrated circuit (IC) substrates, such as bipolar and metal oxide semiconductor (MOS) and diode and transistor elements. It helps control doping profiles that are not attainable with traditional methods, such as diffusion and ion implantation. It is also used in energy-saving of various power-sourced items and power devices. As a result, epitaxial wafer finds extensive applications in gaming consoles, laptops, tablets, light-emitting diodes (LEDs), gyroscopes, and smartphones.
Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by type, wafer size, application, industry vertical and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for epitaxial wafer market
- Strategies of major players and product offerings
The global epitaxial wafer market is primarily driven by the increasing product demand in consumer electronics for micro-electromechanical systems (MEMS) devices and higher electron mobility. Moreover, the surging adoption of the internet of things (IoT) in epitaxial wafers due to their advanced applications is another major growth-inducing factor. Additionally, there is a significant rise in the demand for epitaxial wafers in the automotive industry for tracking and controlling temperature, pressure, flow, and level through robots.
In line with this, the expanding automotive sector and the rising sales of self-driving trucks and electric vehicles (EVs) have catalyzed market growth. Besides this, the governments of several countries are introducing favorable policies to encourage the usage of LEDs, which has augmented the product demand. Other factors, including the growing consumer awareness about green technology, rising focus on reducing electricity consumption, and increasing applications of global positioning systems (GPS), are also anticipated to drive the market further.
Key Players Included in Global Research Report:
- Electronics And Materials Corporation Limited
- Epistar Corporation
- GlobalWafers (Sino-American Silicon)
- II-VI Incorporated
- IQE PLC
- Jenoptic AG
- Nichia Corporation
- Showa Denko K. K.
- Silicon Valley Microelectronics Inc.
- Siltronic AG (Wacker Chemie AG)
- Sumco Corporation.
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COVID-19 Impact on Market: (Positive Impact)
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Breakup by type:
Breakup by Wafer Size:
- 2-4 Inch
- 5-8 Inch
- 9-12 Inch
Breakup by Application:
- Power Semiconductor
- MEMS-Based Devices
Breakup by Industry Vertical:
- Consumer Electronics
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
TOC for the Epitaxial Wafer Market Research Report:
- Scope and Methodology
- Executive Summary
- Global Epitaxial Wafer Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Who we are:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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