Market Research Report
Thin Wafer - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||969541|
|Published||Content info||150+ Pages
Delivery time: 2-3 business days
|Thin Wafer - Global Market Outlook (2019-2027)|
|Published: October 1, 2020||Content info: 150+ Pages||
According to Stratistics MRC, the Global Thin Wafer Market is accounted for $6.96 billion in 2019 and is expected to reach $14.07 billion by 2027 growing at a CAGR of 9.2% during the forecast period. Rising adoption of MEMS technology in portable health monitoring devices and growing smartphone & consumer electronics markets are the major factors driving the market growth. However, efficiency maintenance is restraining the market growth. Moreover, growing adoption of IoT & AI in automotive sector and rising adoption of portable devices would provide ample opportunities for the market growth.
A thin wafer is a thin slice of semiconductor substance such as a crystalline silicon (c-Si), used for the fabrication of integrated circuits and, in photovoltaic's, to manufacture solar cells.
Based on technology, the dicing segment is likely to have a huge demand due to the increasing demand for high-speed dicing coupled with superior breakage strength. Also, the requirement for smaller, higher performing, and lower cost device configuration for use in applications such as memory devices, logic devices, power devices, and sensors is expected to contribute toward the growth of the market. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the surging adoption of high-end consumer electronics, such as wearables and smart home devices in China and Japan. The region has emerged as a global focal point for large investments and business expansion opportunities.
Some of the key players profiled in the Thin Wafer Market include 3M, Brewer Science, EV Group, GlobalWafers, LDK Solar, Lintec Corporation, Nissan Chemical Corporation, PV Crystalox Solar PLC, SK Siltron Co Ltd, Sumco Corporation, Synova, Ulvac, Virginia Semiconductor Inc and Wafer Works Corporation.
Wafer Sizes Covered:
Sales Channels Covered:
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances