Silicon wafer provides the data processing capabilities and are majorly used in integrated circuits. The silicon wafers market is segmented into 150mm, 200mm, 300mm, and 450mm on the basis of size of the silicon wafers. Presently, 300mm diameter wafers are widely used by the semiconductor industry. It is also expected that over the next couple of years, the market will show some progress towards the 450mm diameter wafers. But major manufacturers present in the market are restraining to invest in the new technology. The main reason behind it is high manufacturing costs of semiconductor processing tools. In spite of the above challenges, major companies in the market are still working on 450mm wafers. Due to high cost of manufacturing process of the 450mm will restrict the small companies to implement this technology. In 2015, the 300mm silicon wafers segment is dominating the market and accounting for about 60-65% of the market revenue due to high demand in the solar industry.
Moreover, the growing demand for the solar energy will contribute to the growth of the solar panel and solar cells which in turn will boost up the silicon wafer market as the silicon wafers are widely used in the manufacturing of the solar cells.
Countries such as China, U.S and Japan are some of the major leading countries in this market. China is said to have the one of the largest market for the electronics. Semiconductor makers of the china are still behind the international rivals. To support the market, china government is making the effort to promote its domestic technology market by funding to support the industry players. There are also some companies such as Lenovo and Huawei technologies are the largest manufacturer and supplier of the technology.
The global Silicon Wafers market is expected to grow at CAGR of 8.5% and estimated to reach at market size of US ~$503 million by the end of forecast period.
Taste the market data and market information presented through more than 35 market data tables and 20 figures spread over 110 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “The Global Silicon Wafers Market Report -Forecast to 2022”.
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The major players operating in the market of SILICON WAFERS are- Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan) , Siltronic AG (Germany), MEMC Electronic Materials Inc.(California), LG Siltron Inc.(South Korea), Advance Semiconductor Inc.(U.S.), and SUMCO Corp.(Japan) among others.