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Silicon Wafer Market Size

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The global silicon wafer market size is estimated to reach USD 12.22 billion by 2024.
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Silicon Wafer Market Size, Share, Growth, Analysis, Trends, and
Forescast to 2024 | Hexa Research
“The global silicon wafer market size was estimated at USD 7.21
billion in 2016 and is expected to grow due to the rising use of
semiconductors in various industry verticals.”
22 November 2018 The global Silicon Wafer Market size is estimated to reach USD 12.22 billion by 2024. The market is
anticipated to witness significant growth during the forecast period due to the high demand for
semiconductors in end products such as smartphones, tablets, and others. Increasing preference for
compact, more powerful, and yet affordable devices results in escalating demand for silicon wafers during
the forecast period. The increase in demand for consumer electronics such as TVs, refrigerators, and home
theatres further supports the growth of the market over the coming years.
Global silicon wafer market is expected to grow at a value CAGR of around 7.0% from 2017 to 2024. Asia
Pacific accounted for the substantial market share in 2016. The growth of the market in the region is
attributable to rising preference for technologically sophisticated electronic devices and gadgets. Asia Pacific
is followed by North America in terms of growth rate, which is majorly due to enhanced use of silicon wafers
for manufacturing solar cells. The accelerating need for reliable, clean and safe energy source in countries
such as the U.S. and Canada are likely to increase the demand for solar cell, resulting in growth of the market
for silicon wafers as well.
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Semiconductors find applications in various medical devices such as ultrasound scanners and ECG devices and
this drives the market growth during the forecast period. Furthermore, increasing use of homecare devices
such as glucose meters and blood pressure monitors is expected to positively impact the market growth.
Requirement of lower power coupled with more in-built functions of semiconductors have made medical
devices more portable and efficient.
Increasing installations of automated silicon wafer fabrication and transport systems by the manufacturers
support their market sustainability. For instance, Siltronic AG employs automated ceiling -mounted transport
systems (OHT systems) to transport the wafers from one operation point to next by the shortest rout e. It
increases the productivity and freeze up space in clean room. Research efforts by the market players coupled
with increasing investments will intensify the demand for silicon wafers thereby supporting the market
growth. For instance, Intel started 450MM manufacturing facility at Arizona, U.S.
Global silicon wafer market is marked by the mergers and acquisitions strategies. For instance, in December
2016, Taiwanese GlobalWafers acquired the US-based SunEdison SEMI in order to expand production
capabilities and to get greater access to the Korea and European countries. Additionally, GlobalWafers will
get access to SOI product technologies of SunEdison SEMI.
Hexa Research has segmented the global silicon wafer market report based on type, application and region:
Segmentation by Type, 2014 - 2024 (USD Billion) (Million Square Inches)
• 450MM
• 300MM
• 200MM
• <200MM
Segmentation by Application, 2014 - 2024 (USD Billion) (Million Square Inches)
• Computers
• Smartphones
• Automotive
• Consumer Electronics
• Industrial
• Others
Segmentation by Region, 2014 - 2024 (USD Billion) (Million Square Inches)
• North America
• U.S.
• Europe
• UK
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• Germany
• Asia Pacific
• China
• Japan
• Taiwan
• Rest of World
Key players analyzed
• SUMCO CORPORATION
• Siltronic AG
• Shin-Etsu Chemical Co
• SK SILTRON
• SunEdison Semiconductor, Ltd.
• Tokuyama Corporation
• NexWafe GmbH
• PV Crystalox plc
• Okmetic
• Elkem AS
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Table of Contents of Silicon Wafer Market:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
2.1. Research methodology
2.2. Assumptions
2.3. List of data sources
Chapter 3. Introduction
3.1. Research scope & market segmentation
Chapter 4. Silicon Wafer Market Trends: Drivers & Opportunities
4.1. Key industry trends
4.1.1. Market drivers
4.1.2. Market restraints
4.2. Supply chain analysis
4.3. Porter's Five Forces analysis
Chapter 5. Silicon Wafer Market Trends, By Type
5.1. Global silicon wafer market movement, by type, 2016 & 2024
5.1.1. 450 MM
5.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
5.1.2. 300 MM
5.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
5.1.3. 200 MM
5.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
5.1.4. <200 MM
5.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
Chapter 6. Silicon Wafer Market Trends, By Application
6.1. Global silicon wafer market movement, by application, 2016& 2024
6.1.1. Computers
6.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
6.1.2. Smartphones
6.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
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6.1.3. Automotive
6.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
6.1.4. Consumer Electronics
6.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
6.1.5. Industrial
6.1.5.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
6.1.6. Others
6.1.6.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
Chapter 7. Silicon Wafer Market Trends, By Region
7.1. Global silicon wafer market movement, by region, 2016 & 2024
7.1.1. North America
7.1.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
7.1.1.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) (Million Square
Inches)
7.1.1.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) (Million
Square Inches)
7.1.2. Europe
7.1.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
7.1.2.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) (Million Square
Inches)
7.1.2.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) (Million
Square Inches)
7.1.3. Asia Pacific
7.1.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
7.1.3.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) (Million Square
Inches)
7.1.3.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) (Million
Square Inches)
7.1.4. Rest of World
7.1.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
7.1.4.2. Market estimates and forecast, by type, 2014 - 2024 (USD Billion) (Million Square
Inches)
7.1.4.3. Market estimates and forecast, by application, 2014 - 2024 (USD Billion) (Million
Square Inches)
Chapter 8. Key Country Markets
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8.1. U.S.
8.1.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
8.2. UK
8.2.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
8.3. Germany
8.3.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
8.4. China
8.4.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
8.5. Japan
8.5.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
8.6. Taiwan
8.6.1. Market estimates and forecast, 2014 - 2024 (USD Billion) (Million Square Inches)
Chapter 9. Competitive Landscape
9.1. Competitive landscape analysis, 2016
9.2. Strategic framework
9.3. Company profiles
9.3.1. SUMCO CORPORATION
9.3.1.1. Company Overview
9.3.1.2. Product Benchmarking
9.3.1.3. Financial Performance
9.3.1.4. Recent Initiatives
9.3.2. Siltronic AG
9.3.2.1. Company Overview
9.3.2.2. Product Benchmarking
9.3.2.3. Financial Performance
9.3.2.4. Recent Initiatives
9.3.3. Shin-Etsu Chemical Co.
9.3.3.1. Company Overview
9.3.3.2. Product Benchmarking
9.3.3.3. Financial Performance
9.3.3.4. Recent Initiatives
9.3.4. Tokuyama Corporation
9.3.4.1. Company Overview
9.3.4.2. Product Benchmarking
9.3.4.3. Financial Performance
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9.3.4.4. Recent Initiatives
9.3.5. Elkem AS
9.3.5.1. Company Overview
9.3.5.2. Product Benchmarking
9.3.5.3. Financial Performance
9.3.5.4. Recent Initiatives
9.3.6. List of other vendors
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About Us:
Hexa Research is a market research and consulting organization, offering industry reports, custom research
and consulting services to a host of key industries across the globe. We offer comprehensive business
intelligence in the form of industry reports which help our clients obtain clarity about their business
environment and enable them to undertake strategic growth initiatives.
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Felton, California 95018
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