Silicon Wafer Market Analysis & Forecasts 2014-2024, With an Expected CAGR of 7% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The “Silicon Wafer Market Size Analysis by Type (450MM, 300MM, 200MM, <200MM), by Application (Computers, Smartphones, Automotive, Consumer Electronics, Industrial) Segment Forecast and Trend Analysis, 2014-2024” report has been added to ResearchAndMarkets.com’s offering.
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.
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.
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 route. It increases the productivity and freeze up space in clean room.
Companies MentionedSUMCO CORPORATION Siltronic AG Shin-Etsu Chemical Co. Tokuyama Corporation Elkem AS
Key Topics Covered:
Chapter 1. Executive Summary
Chapter 2. Methodology and Scope
Chapter 3. Introduction
Chapter 4. Silicon Wafer Market Trends: Drivers & Opportunities
Chapter 5. Silicon Wafer Market Trends, By Type
Chapter 6. Silicon Wafer Market Trends, By Application
Chapter 7. Silicon Wafer Market Trends, By Region
Chapter 8. Key Country Markets
Chapter 9. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/ptc4mx/silicon_wafer?w=4
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Related Topics:Semiconductor,Electronic Chemicals,Silicones
INDUSTRY KEYWORD: TECHNOLOGY HARDWARE OTHER TECHNOLOGY
SOURCE: Research and Markets
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PUB: 06/14/2018 01:15 PM/DISC: 06/14/2018 01:15 PM