Enjoy complimentary customisation on priority with our Enterprise License!
The semiconductor silicon wafer market share is expected to increase by USD 4.14 billion from 2020 to 2025, and the market's growth momentum will accelerate at a CAGR of 6.73%.
This semiconductor silicon wafer market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers semiconductor silicon wafer market segmentation by application (consumer electronics, telecommunication, automotive, and others) and geography (APAC, North America, Europe, South America, and MEA). The semiconductor silicon wafer market report also 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. among others.
Download the Free Report Sample to Unlock the Semiconductor Silicon Wafer Market Size for the Forecast Period and Other Important Statistics
Based on our research output, there has been a negative impact on the market growth during and post-COVID-19 era. The emergence of advanced and compact consumer electronic devices is notably driving the semiconductor silicon wafer market growth, although factors such as high inventory levels in the supply chain may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the semiconductor silicon wafer industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Semiconductor Silicon Wafer Market Driver
One of the key factors driving growth in the semiconductor silicon wafer market is the emergence of advanced and compact consumer electronic devices. Smartphones have replaced feature phones, laptops have replaced PCs, and now tablets are replacing laptops. Light-emitting diode (LED) TVs and organic light-emitting diode (OLED) TVs, too, are replacing cathode-ray tube (CRT) TVs. Application developers and manufacturers are trying to incorporate further transformation by interconnecting household devices via a single unit called smart home, which is controlled by applications installed on smartphones. With fast innovation and the rising demand for advanced electronics, manufacturers are focusing on delivering better consumer products with enhanced functionalities. The demand for compact electronic devices in almost all sectors has forced semiconductor IC manufacturers to decrease the size and increase the performance of ICs, leading to the increased demand for silicon wafers.
Key Semiconductor Silicon Wafer Market Trend
The continuous decrease of lithography wavelength is another factor supporting the semiconductor silicon wafer market share growth. A photomask is an opaque plate with a precision image of ICs. On exposing the photomasks to ultraviolet light at wavelengths of 365 nm, 248 nm, and 193 nm, an identical image of the design onto the silicon wafers is produced. The ever-decreasing feature size and increase in chip density have increased the complexity of wafers. This has resulted in a steady reduction in lithography wavelength over the years from 365 nm to a now common 193 nm to manufacture a structure lower than 30 nm on the wafer. With the advent of 10 nm node size in 2017, extreme ultraviolet (EUV) lithography is anticipated to get commercialized for manufacturing ICs. Without EUV, chipmakers will have to use expensive multiple patterning systems to achieve the required feature sizes. Even for the 7-nm node size, which was commercialized by mid-2019, EUV lithography needs to be used. With the growing EUV lithography, the demand for silicon wafers is also increasing.
Key Semiconductor Silicon Wafer Market Challenge
The high inventory levels in the supply chain will be a major challenge for the semiconductor silicon wafer market vendors during the forecast period. The semiconductor industry is cyclical in nature, which affects the operating results of the semiconductor vendors due to severe downturns. Semiconductor manufacturers face risks such as overcapacity, decreased demand, and increased price competition. Changes in customer requirements due to new manufacturing capacity and advances in technology affect semiconductor manufacturers considerably. All these factors eventually result in excess inventory, which is a major challenge for the vendors. The global silicon wafers market also favors buyers. Wafer manufacturers are unable to enter into long-term contracts due to oversupply, forcing them to reduce contract volumes to maintain contract prices.
This semiconductor silicon wafer market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Technavio categorizes the semiconductor silicon wafer market as a part of the global semiconductors market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the semiconductor silicon wafer market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the semiconductor silicon wafer market encompasses successful business strategies deployed by the key vendors. The semiconductor silicon wafer market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market.
Addison Engineering Inc. - The company offers a range of silicon wafers such as extra thick wafers, extra thin wafers, silicon rings, quartz, pyrex among others.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The semiconductor silicon wafer market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the semiconductor silicon wafer market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global semiconductors market includes the following core components:
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Application
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.