The global demand for Epitaxial Wafer Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Epitaxial wafer also referred to as epiwafer, is a semiconductor wafer by epitaxial growth of a crystalline doped layer of silicon or a more exotic material on a single crystal substrate. Epitaxial wafers are extensively used in photonics, microelectronics, spintronics, or photovoltaics. Epitaxial layers consist of gallium, indium, aluminum, nitrogen, phosphorus, or arsenic. Electronic devices with these wafers exhibit superior performance in RF power density, power switching efficiency, energy-saving, sensor robustness, and sensitivity. They involve low development costs, and customer-specific wafers can be quickly and easily manufactured.
Market Dynamics
The rising popularity of advanced electronic equipment and the need for power-efficient devices across various industrial sectors will be the vital stimulating factors leading to this market's growth. Increased adoption of highly integrated semiconductor elements (ICs), smart devices, automation-based solutions, and the growing trend of IoT technology will boost market growth. With the rise of electric vehicles and autonomous vehicles, the surge in demand for the epitaxial wafer in several products, like ADAS, navigation control, infotainment systems, and collision detections, will further propel market growth. Using epitaxial wafers can enable innovation at the device level to meet the requirements of next-generation 5G radiofrequency (RF) cellular networks, smart sensor systems, and consumer power supplies. The various complexities involved in designing these wafers are the single most restraining factor for this market's growth.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of epitaxial wafer.
Market Segmentation
The entire epitaxial wafer market has been sub-categorized into deposition type, wafer size and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Deposition Type
- Heteroepitaxy
- Homeoepitaxy
By Wafer Size
- 50mm to 100mm
- 100mm to 150mm
- Above 150mm
By Application
- LED Semiconductor
- Power Semiconductor
- MEMS-Based Devices
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for epitaxial wafer market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Epitaxial Wafer Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the epitaxial wafer market include EpiWorks Inc., Global Wafers Japan Co. Ltd., Nichia Corporation, Showa Denko K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd., Intelligent Epitaxy Technology Inc., IQE plc, Jenoptic AG. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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