Semiconductor Silicon Wafer Market to Grow by USD 4.14 Bn | Rise in Number of Fabs to Drive Growth | Technavio

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Dec 08, 2021, 10:30 ET

NEW YORK, Dec. 8, 2021 /PRNewswire/ -- Some of the primary growth factors for the semiconductor silicon wafer market are the emergence of advanced and compact consumer electronic devices, rise in the number of fabs, and the advent of IoT driving the explosive growth of wireless computing devices. With the increase in innovation and the rising demand for advanced electronics, manufacturers are focusing on offering enhanced products to consumers. The demand for compact electronic devices has compelled semiconductor IC manufacturers to reduce the size and increase the performance of ICs. This is leading to an increase in the demand for silicon wafers.

Attractive Opportunities in Semiconductor Silicon Wafer Market by Application and Geography - Forecast and Analysis 2021-2025

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The semiconductor silicon wafer market size is expected to grow by USD 4.14 bn from 2020 to 2025. The growth momentum of the market is going to accelerate at a CAGR of 6.73%. The market is expected to post a year-over-year growth rate of 6.23%.

Regional Analysis

78% of the growth will originate from APAC.
Taiwan, South Korea (Republic of Korea), China, and Japan are the key countries for the semiconductor silicon wafer market in APAC.
Market growth in this region will be faster than the growth of the market in APAC, North America, Europe, South America, and MEA.
The high quantity of raw materials and the low establishment and labor costs will drive the semiconductor silicon wafer market growth in APAC during the forecast period.

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Notes:

The semiconductor silicon wafer market size is expected to accelerate at a CAGR of 6.73% during the forecast period.
The semiconductor silicon wafer market is segmented by application (consumer electronics, telecommunication, automotive, and others) and geography (APAC, North America, Europe, South America, and MEA).
The market is concentrated due to the presence of a few vendors holding a significant market share.
The research report offers information on several market vendors, including Addison Engineering Inc., GlobalWafers Co. Ltd., Lanco Infratech Ltd., Okmetic Oy, Shin-Etsu Chemical Co. Ltd., Siltronic AG, SK Siltron Co. Ltd., SUMCO Corp., Virginia Semiconductor Inc., and Wafer World Inc.

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Semiconductor Silicon Wafer Market Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 6.73%
Market growth 2021-2025	USD 4.14 billion
Market structure	Concentrated
YoY growth (%)	6.23
Regional analysis	APAC, North America, Europe, South America, and MEA
Performing market contribution	APAC at 78%
Key consumer countries	Taiwan, South Korea (Republic of Korea), China, Japan, and US
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Addison Engineering Inc., GlobalWafers Co. Ltd., Lanco Infratech Ltd., Okmetic Oy, Shin-Etsu Chemical Co. Ltd., Siltronic AG, SK Siltron Co. Ltd., SUMCO Corp., Virginia Semiconductor Inc., and Wafer World Inc.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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