Portland, June 08, 2020 (GLOBE NEWSWIRE) -- According to the report published by Allied Market Research, the global silicon EPI wafer industry was estimated at $1.15 billion in 2018 and is expected to hit $1.55 billion by 2026, registering a CAGR of 4.8% from 2019 to 2026. The report provides a comprehensive analysis of current market trends, future scenarios, key winning strategies, value chain, major segments, and competitive landscape.
Rise in demand for epitaxial wafer in consumer electronics, growing usage of GPS, emerging trends of wafers in automotive industry, and development in the semiconductor industry augment the growth of the global silicon EPI wafer market. On the other hand, high cost of wafer manufacturing restrain the growth to some extent. Contrarily, rise in popularity of IoT in wafers is anticipated to offer innumerable opportunities to the key players in the near future.
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COVID_19 Scenario:
- The social distancing measures and remote working systems have boosted the IT and telecommunication industry which, in turn, has increased the demand for silicon EPI wafers.
- Moreover, as governments are taking necessary steps to combat the coronavirus, industries are promptly adjusting to meet the requirement of their customers and suppliers. This could assist the industry in terms of revenue generation.
The global silicon EPI wafer market is segmented on the basis of type, wafer size, application, industry vertical, and region. Based on type, the homoepitaxy segment contributed to more than three-fifths of the global silicon EPI wafer market share in 2018 and is expected to retain its dominance throughout the forecast period. The same segment would also grow at the fastest CAGR of 6.0% by the end of 2026.
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Based on wafer size, the 12-inch segment accounted for three-fifths of the global silicon EPI wafer market revenue in 2018. The segment is anticipated to maintain its lead position throughout the forecast period. Furthermore, the same segment is also anticipated to register the fastest CAGR of 5.9% during the study period.
Based on geography, the market is analyzed across various regions including Asia-Pacific, Europe, LAMEA, and North America. The region across Asia-Pacific held the highest share in 2018, garnering more than half of the global silicon EPI wafer market. The same region would also cite the fastest CAGR of 5.5% during the estimated period.
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The key market players in the report include Applied Materials, Shin Etsu Chemical Co. Ltd., Epigan, ASM, Nichia Corporation, Tokyo Electron, Global Wafers, Wafer World Inc., Siltronic, and Sumco Corporation.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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