Global Semiconductor Silicon Wafer Market - Segmented by Diameter (150 mm, 200 mm, 300mm), Product (Memory, Logic, Sensor), Application and Geography - Growth, Trends, and Forecast (2018 - 2023)
The global semiconductor silicon wafer market is projected to register at a CAGR of 7.1% during the forecast period (2018 - 2023).
The scope of the report includes insights about several products offered by major players. The application segment in the report includes consumer electronics, automotive, telecommunications, and industrial. The regions included in this study are North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
The growth of the semiconductor silicon wafer market is expected to increase with the growth of the semiconductor industry, along with other factors, like manufacturers expanding their semiconductor fabrication facilities. The increased adoption of smart electronic devices, which employ several semiconductor components, such as microchips, is expected to impact the growth of the market.
Need for Miniaturization of Semiconductor Devices
Rapid advances in technology have led to the availability of products, which integrate several features on a single platform. Advances in industries, such as computing, networking, and telecom, are increasing the need for small and robust semiconductor devices. This has impacted the demand for fabrication materials needed to develop high-performance semiconductor components. Increased demand for advanced ICs in wireless computing devices, such as smartphones and tablets has influenced the consumption of semiconductor silicon wafer industry.
300 mm Segment to Occupy Significant Market Share
300 mm silicon wafers are largely adopted, but the demand will be impacted due to developments in the semiconductor industry, like the shift toward large diameter wafer sizes. The increased complexity of semiconductor devices has driven the demand for better performing ICs containing both digital and analog circuits.
Asia-Pacific to Occupy Significant Market Share
Also, with Japan being a leading supplier in the global semiconductor silicon wafer market, weakening of the Japanese Yen over the past three years is another major factor for the slow growth in the semiconductor silicon wafer revenue. The growing demand for electronic chip fabrication materials as a result of the widespread production of consumer electronic devices is impacting the demand for semiconductor silicon wafers.Major Players : MAXIM INTEGRATED, OSRAM LICHT AG, ROHM, DIGI-KEY, SILICON LABORATORIES INC., VALENCELL, ON SEMICONDUCTOR, MICROCHIP TECHNOLOGY INC., DYNN IMAGE CORPORATION, amongst others.
Key Developments in the Market