PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1303552
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1303552
Global Semiconductor Wafers Market is valued at approximately USD 18.53 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 4.8% over the forecast period 2023-2030. The Semiconductor Wafer Market refers to the market for the production and supply of silicon wafers used in the manufacture of integrated circuits and other semiconductor devices. Semiconductor wafers are thin slices of semiconductor material, usually made of silicon, and are used as the substrate for the production of semiconductor devices such as microprocessors, memory chips, and sensors. The wafers are processed using various techniques such as lithography, etching, deposition, and polishing to create the circuitry and structures necessary for the semiconductor devices. The major driving factors for the Global Semiconductor Wafers Market are increasing demand for consumer electronics and growth of the automotive industry. Moreover, growth of the Internet of Things (IoT) and advancements in technology are creating lucrative growth opportunities for the market over the forecast period 2023-2030.
According to a white paper published by IDB Invest, GSMA and Frost & Sullivan, electronics market in Brazil reaches 415.7 million units in 2023 up from 138.2 million units in 2018. And, smart homes or buildings, alarm monitoring, Security & Surveillance are the most relevant devices holding 40.6% of the total market in the year 2018 which is followed by Portable Asset Tracking, by 13.0%. Along with this, a white paper published by IDB Invest, GSMA and Frost & Sullivan, has mentioned that the total revenue from IoT devices from 2018 to 2021 grew from USD 1,592 million to USD 3,037 million . And the breakdown for the items is as follows: Smart Home/Building Automation, Alarm Monitoring, Security & Surveillance represent 38.9% and Portable Asset Tracking holds 16% and the remaining 45.1% by other IoT devices. However, the high cost of Semiconductor Wafers stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Semiconductor Wafers Market study include: Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific region dominates the global Semiconductor Wafer Market due to the presence of major semiconductor manufacturers in countries like China, Taiwan, South Korea, and Japan. These countries have well-established semiconductor manufacturing ecosystems and supply chains, making them major contributors to the global market. Additionally, the increasing demand for consumer electronics and the growth of the automotive industry in the region are driving the demand for semiconductor wafers. The North American region is a significant market for semiconductor wafers, with major players like Applied Materials, Lam Research, and KLA Corporation based in the United States. The demand for semiconductor wafers in the region is driven by the growth of industries such as artificial intelligence, cloud computing, and data centers, which require high-performance semiconductors.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Size offerings of key players. The detailed segments and sub-segment of the market are explained below.
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of tables and figures and dummy in nature, final lists may vary in the final deliverable