According to the recent study the semiconductor silicon wafer market is projected to reach an estimated $18.2 billion by 2027 from $13.2 billion in 2021, at a CAGR of 3.2% from 2021 to 2027. Growth in this market is primarily driven by growth of automotive semiconductor and increasing deployment of GPS tracking system.
Browse 75 figures / charts and 58 tables in this 129 -page report to understand trends, opportunities and forecast in semiconductor silicon wafer market by product type (logic, memory, analog and others), diameter (less than 150 mm, 200 mm and 300 mm and above), end use industry (consumer electronics, telecommunication, automotive and others), and region (North America, Europe, Asia Pacific, and Rest of the World (ROW)).
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“300 mm and above market is expected to remain the largest segment during the forecast period.”
Based on diameter, the semiconductor silicon wafer market is segmented into less than 150 mm, 200 mm and 300 mm and above. Lucintel forecasts that the 300 mm and above market is expected to remain the largest segment due to growth of 5G and data center applications.
“Within the semiconductor silicon wafer market, the consumer electronics segment is expected to remain the largest end use industry”
Based on end use industry the consumer electronics segment is expected to witness the highest growth over the forecast period due to growth of smartphones, tablets, phablets, refrigerators, ACs, TVs, home theaters, and washing machines. Semiconductor silicon wafer for automotive industry is expected to witness the highest growth over the forecast period due to growth of Advanced Driver-Assistance Systems (ADAS), touch-free human-machine interfaces, adaptive cruise control, and automatic braking systems in automotive.
“Asia pacific will dominate the semiconductor silicon wafer market in near future”
Asia Pacific will remain the largest region over the forecast period due to growth of telecommunications, automotive and consumer electronics industries.
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Major players of semiconductor silicon wafer market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SUMCO Corporation, Shin-Etsu Handotai, SK Siltron, GlobalWafers, SOITEC SA, Okmetic, Wafer Works Corporation, and Episil-Precision are among the major semiconductor silicon wafer providers.
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