The global market for semiconductor silicon wafers is projected to have a considerable CAGR of around 6.4% during the forecast period. Silicon semiconductor is an integral component of numerous microelectronic devices and is emerging as building blocks of the latest technology. These semiconductors are then used in electronic devices ranging from computers to consumer electronics, telecommunication products. The introduction of 5G technology has been a major driving force that is expected to bolster the sales of 5G smartphones. Moreover, The Chinese government’s ‘Made in China 2025’ project is expected to invest USD 150 billion in the market, making it extremely competitive with Taiwan’s semiconductor industry. The launch of 5G technology has been a major driving force, and sales of 5G devices are expected to increase. However, the shift to 450 mm diameter wafers is a significant investment, therefore dealing with increasing wafer diameter sizes is a key concern for major market players.
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Among applications, the consumer electronics segment is estimated as dominating segment during the forecast period as many electronic devices, including laptops, smartphones, computers, uses ICs and other semiconductor devices manufactured from silicon substances. According to the Consumer Technology Association’s (CTA) ‘US Consumer Technology Sales and Forecast’ study, CTA expects that 5G-enabled smartphone devices will reach 2.1 million units and cross USD 1.9 billion in revenue with triple-digit increases through 2021. However, integrating III-V semiconductor devices with silicon in a commercially viable manner is one of the semiconductor industry’s most difficult challenges.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Semiconductor Silicon Wafer Market Report Segment
By Diameter
- Less than 150 mm
- 200 mm
- 300 mm and above
By Product
- Logic
- Memory
- Analog
By Application
- Consumer Electronics
- Industrial
- Telecommunication
- Automotive
Global Semiconductor Silicon Wafer Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global semiconductor silicon wafer market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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