Lucintel Forecasts Semiconductor Silicon Wafer Market to Reach $17.4 Billion by 2026
- August 16th, 2021
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Dallas, TX / CRWE PRESS RELEASE / Aug. 16, 2021 - According to the recent study the semiconductor silicon wafer market is projected to reach an estimated $17.4 billion by 2026 from $12.0 billion in 2020, at a CAGR of 6.4% from 2020 to 2026. Growth in this market is primarily driven by growth of automotive semiconductor and increasing deployment of GPS tracking system.
Browse 77 figures / charts and 61 tables in this 129 -page report to understand trends, opportunities and forecast in semiconductor silicon wafer market by product type (logic, memory, analog and others), diameter (less than 150 mm, 200 mm and 300 mm and above), end use industry (consumer electronics, telecommunication, automotive and others), and region (North America, Europe, Asia Pacific (APAC), and Rest of the World (ROW)).
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/semiconductor-silicon-wafer-market.aspx
“300 mm and above market is expected to remain the largest segment during the forecast period.”
Based on diameter, the semiconductor silicon wafer market is segmented into less than 150 mm, 200 mm, and 300 mm and above. Lucintel forecasts that the 300 mm and above market is expected to remain the largest segment during the forecast period due to growth of 5G and data center applications.
“Within the semiconductor silicon wafer market, the consumer electronics segment is expected to remain the largest end use industry”
Based on end use industry, the consumer electronics segment is expected to witness the largest end use industry during the forecast period due to growth of smartphones, tablets, phablets, refrigerators, ACs, TVs, home theaters, and washing machines. Semiconductor silicon wafer for automotive industry is expected to witness the highest growth over the forecast period due to growth of Advanced Driver-Assistance Systems (ADAS), touch-free human-machine interfaces, adaptive cruise control, and automatic braking systems in automotive.
“Asia pacific will dominate the semiconductor silicon wafer market in near future”
Asia Pacific is expected to be the largest region with the highest growth over the forecast period due to growth of telecommunications, automotive and consumer electronics industries.
Download Brochure of this report by clicking on https://www.lucintel.com/semiconductor-silicon-wafer-market.aspx
Major players of semiconductor silicon wafer market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. SUMCO Corporation, Shin-Etsu Handotai, SK Siltron, GlobalWafers, SOITEC SA, Okmetic, Wafer Works Corporation, and Episil-Precision are among the major semiconductor silicon wafer providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/semiconductor-silicon-wafer-market.aspx or helpdesk@lucintel.com
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