Semiconductor Silicon Wafer Market Size to Grow by USD 4.14 billion with 78% Contribution from APAC - 17,000+ Technavio Reports

2022-09-17 00:49:17 By : Ms. Monica Liu

NEW YORK , Aug. 26, 2022 /PRNewswire/ -- The "Semiconductor Silicon Wafer Market Forecast and Analysis 2021-2025" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years.

The potential growth difference for the semiconductor silicon wafer market between 2020 and 2025 is USD 4.14 billion, as per the latest market analysis report by Technavio. The analysts at Technavio predict the market to witness an accelerating growth momentum at a CAGR of 6.73% during the projected period. The report has been categorized 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. 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 data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

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Market Driver: The emergence of advanced and compact consumer electronic devices is one of the most prominent factors expected to drive market growth. 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.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.

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. 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. In addition, wafer manufacturers are unable to enter into long-term contracts due to oversupply, forcing them to reduce contract volumes to maintain contract prices.

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The semiconductor silicon wafer market report is segmented by Application (Consumer electronics, Telecommunication, Automotive, and Others) and Geography (APAC, North America , Europe , South America , and MEA).

Regional Opportunities: 78% of the market's growth will originate from APAC during the forecast period. Taiwan , South Korea (Republic of Korea), China , and Japan are the key markets for semiconductor silicon wafers in APAC. Market growth in this region will be faster than the growth of the market in other regions. The high quantity of raw materials and the low establishment and labor costs will facilitate the semiconductor silicon wafer market growth in APAC over the forecast period.

Revenue-generating Segment Highlights: The semiconductor silicon wafer market share growth in the consumer electronics segment will be significant during the forecast period. With the introduction of smartphones, which were quickly adopted by the masses, the demand for better-powered and smaller-sized ICs scaled up. Since 2016, there have been around 2 billion smartphone users. With such deep penetration of smartphones in the global market, silicon wafers, which form the core of performance for smartphones, are also in demand. An increasing number of consumers want smart, efficient, and power-saving household equipment.

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The semiconductor silicon wafer market is concentrated and the vendors are deploying organic and inorganic growth strategies to compete in the market. This statistical study of the semiconductor silicon wafer market encompasses successful business strategies deployed by the key vendors. To make the most of the opportunities and recover from the pandemic 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.

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Semiconductor Market by Product and Geography - Forecast and Analysis 2022-2026

Semiconductor Market in East Asia by End-user and Geography - Forecast and Analysis 2022-2026

Semiconductor Silicon Wafer Market Scope

Accelerate at a CAGR of 6.73%

APAC, North America, Europe, South America, and MEA

Taiwan, South Korea (Republic of Korea), China, Japan, and US

Leading companies, competitive strategies, consumer engagement scope

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.

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market outlook: Forecast for 2020 - 2025

5.3 Consumer electronics - Market size and forecast 2020-2025

5.4 Telecommunication - Market size and forecast 2020-2025

5.5 Automotive - Market size and forecast 2020-2025

5.6 Others - Market size and forecast 2020-2025

7.3 APAC - Market size and forecast 2020-2025

7.4 North America - Market size and forecast 2020-2025

7.5 Europe - Market size and forecast 2020-2025

7.6 South America - Market size and forecast 2020-2025

7.7 MEA - Market size and forecast 2020-2025

11.2 Currency conversion rates for US$

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email:media@technavio.com Website: www.technavio.com/

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