ID: MRFR/SEM/1520-CR | September 2020 | Region: Global | 257 pages
Global Silicon Wafers Market is expected to record a CAGR of 3.19%, witnessing substantial growth during the forecast period. The market was valued at USD 9,621.5 Million in 2019; it is expected to reach USD 11,889.0 Million by 2025.
Silicon wafers consist of a thin slice of semiconductor material used in integrated circuits and the electronics industry. Integrated circuits are used in various devices like computers, smartphones, gaming devices, and military weapons, among others. These wafers are used for the fabrication of integrated circuits and wafer-based solar cells. Silicon wafers work as the substrate for microelectronic devices and undergo many microfabrication processes. These wafers are responsible for delivering data processing capabilities. Silicon wafers are used in solar cells, integrated circuits, photoelectric cells, smartphones, tablets, smart wear, microchips, transistors, diodes, rectifiers, MEMS fabrication, and other applications.
Asia-Pacific accounted for the largest market share with a market value of USD 4,371.2 million in 2019, followed by North America and Europe. The Asia-Pacific market is also expected to witness the fastest growth during the forecast period.
Global Silicon Wafers Market, By Material
Source: MRFR Analysis
There are two types of silicon wafer materials, namely the N-type and the P-type, which are used in the manufacture of various types of electronic components such as diodes, transistors, integrated circuits, and others. Semiconductors which are doped with the Group V impurity are called the N-type material. The N-type semiconductors have an excess of electrons, which are the charge carriers. These semiconductors are extrinsic and are doped with pentavalent impurity elements such as phosphorus, arsenic, and others, that have 5 electrons in their valence shell. This doping increases the number of electrons, which leads to the conduction of current. The majority of carriers move from the lower potential to the higher potential. Whenever a semiconductor is doped with a Group III impurity, it is called a P-type semiconductor material. A P-type semiconductor is a type of material that has a shortage of electrons. Trivalent impurities such as boron, aluminum, or gallium are added to the semiconductor to impart the current-carrying ability. In this semiconductor material, the electrons move from one empty position to another due to the influence of a potential difference leading the flow of electric current in a single direction. The majority of carriers move from the higher potential to the lower potential in P-type semiconductors.
The increasing demand for silicon wafers in consumer electronics and the miniaturization of semiconductor devices is expected to fuel the growth of the global silicon wafers market during the forecast period. Additionally, technological advancements in consumer electronics are projected to create several opportunities for the providers of silicon wafers in the near future.
Global Silicon Wafers Market, by region, has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. Asia-Pacific dominated the global market with a market share of 45.43% in 2019, followed by North America, Europe, and the rest of the world with shares of 24.77%, 24.76%, and 5.04% respectively.
The Key Players of the Global Silicon Wafers Market include Shin-Etsu Chemical Co., Ltd. (Japan), SK Siltron Co., Ltd. (South Korea), Siltronic AG (Germany), GlobalWafers Co., Ltd. (Taiwan), Wafer World, Inc. (US), Advanced Semiconductor, Inc. (US), Sumco Corporation (Japan), Soitec SA (France), Silicon Materials, Inc. (US), Addison Engineering, Inc. (US) and Virginia Semiconductor, Inc. (US).
Key Questions Addressed by the Report
Frequently Asked Questions (FAQ) :
The use of the product in the production of integrated circuits is expected to drive market growth in the upcoming years.
The rising application of the product in the manufacturing of solar panels and solar cells is poised to drive market growth.
The segments of the market, by type, are N-Type and P-Type.
Some of the poteError! Hyperlink reference not valid.ntial country-level markets are the U.S., China, Japan, and India.
The amount of profit expected to be earned by the market by the close of assessment period is USD 503 Mn.