Global Epi Wafer Market 2020-2024
Technavio has been monitoring the epi wafer market and it is poised to grow by USD 2.29 bn during 2020-2024 progressing at a CAGR of 11% during the forecast period. Our reports on epi wafer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the easy availability of silicon, sustainable growth in global semiconductor industry and epitaxial deposition improves performance of devices. In addition, easy availability of silicon is anticipated to boost the growth of the market as well.
The epi wafer market analysis includes application segment and geographical landscapes
Technavio's epi wafer market is segmented as below:
- LED semiconductors
- Power semiconductors
- MEMS-based devices
By Geographical Landscape
- North America
- South America
This study identifies the increase in number of fabless semiconductor companies and M&As as one of the prime reasons driving the epi wafer market growth during the next few years. Also, automation in automobiles and emergence of IoT will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our epi wafer market covers the following areas:
- Epi wafer market sizing
- Epi wafer market forecast
- Epi wafer market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading epi wafer market vendors that include Applied Materials Inc., Globalwafers Co Ltd., II-VI Inc., IntelliEPI Inc., IQE Plc, Jenoptik AG, Nichia Corp., Shin-Etsu Chemical Co. Ltd., SHOWA DENKO K.K., and Xiamen Powerway Advanced Material Co. Ltd.. Also, the epi wafer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.