Global Epiwafers Market Size By Type (Homoepitaxy, Heteroepitaxy), By Product (500mm to 100 mm, 100mm to 150mm, and above 150mm), By Application (Power Conductors, LED Semiconductors), By Geographic Scope And Forecast

Epiwafers Market Size And Forecast

Epiwafers Market size is growing at a faster pace with substantial growth rates over the last few years and is estimated that the market will grow significantly in the forecasted period i.e. 2021 to 2028.

Increasing huge demand of peoples towards electronic products such as laptops, and mobile phones, are responsible factor for boosting the growth of global epiwafers market. The Global Epiwafers Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Epiwafers Market Definition

Epiwafers is the type of semiconductors used in electronic devices which are composed of epitaxy and is also known as epitaxial wafer. Mainly epitaxy is the process in which thin layer of semiconductors are fitted into single crystal substrate. It involves the growth of crystals of one material on the crystal face of another (heteroepitaxy) or the same material known as homoepitaxy. Whereas, thick layer of epi layer consisting of more than 20μm.

Epitaxy was invented in 1960 in order to improve doping profile abruptness and increase the operating frequencies of bipolar transis- tors. Since then, the use of epitaxy has spread through- out the semiconductor industry and can be found in nearly all fabrication disciplines.

There are three major types of epitaxial/ epiwafers growth processes used to produce layers of material for electronic, optical, optoelectronic and magneto-optical applications.

Global Epiwafers Market Overview

Global epiwafers market has increasing huge demand owing to the rising usage of electronic devices. Some manufactures emphasizing on new technology, launches and innovations to expand the global epiwafers market. for instance, in July 2020, compound semiconductors have launched 150 mm (6-inch) QuanFINE GaN-on-SiC epiwafers to its product portfolio for RF and high-power switching devices.

Increasing huge demand of peoples towards electronic products such as laptops, and mobile phones, are responsible factor for boosting the growth of global epiwafers market. In addition, rising use and demand for LED lights and rising adoption of new technology are accountable factors augmenting the global epiwafers market.

Moreover, increased price of semiconductors hampering the expansion of global epiwafers market. Furthermore, increasing electronic technology and emerging trends of epiwafer automotive industry are the key factor which will make profitable difference for the global epiwafers market.

Global Epiwafers Market Segmentation Analysis

Global Epiwafers Market is segmented based on Type, Product, Application, and Region.

Epiwafers Market, By Type

• Homoepitaxy
• Heteroepitaxy

Based on type, the market is segmented into homoepitaxy and heteroepitaxy. Rise demand of industries like electronic, IT industry helps to the growth of global epiwafers market.

Epiwafers Market, By Product

• 50mm to 100mm
• 100mm to 150mm
• And others

Based on the product, the market is categorized into 500mm to 100 mm, 100mm to 150mm, and above 150mm.

Epiwafers Market, By Application

• Power conductors
• LED semiconductors
• Others

Based on application, the market is classified into power conductors, LED semiconductors, and others. LED semiconductors has largest share in the development of global epiwafers market due to people's being favorable toward LED is the responsible factor for the expansion of epiwafer market.

Epiwafers Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the World

Based on regional analysis, the market is classified into North America, Europe, Asia Pacific, and the Rest of the world. Asia pacific is anticipated in the development of global epiwafers market owing to the huge demand for LED lights and developed countries like China and India having large manufacturing unit of semiconductors. And rising demand for advanced electronic equipment and devices laptops, gaming consoles and other smart gadgets. North America has been experiencing second dominance in the epiwafer market due to the presence of major key players such as epiworks, ASM international, applied material, veeco materials, and others.

Key Players

The "Global Epiwafers Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are EpiWorks, GlobalWafers., Applied Materials., Nichia., Showa Denko., Century Epitech., Desert Silicon., Intelligent Epitaxy Technology. ASM international, veeco materials, and others. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

• In July 2020, compound semiconductor has launched 150 mm (6-inch) QuanFINE GaN-on-SiC epiwafers to its product portfolio for RF and high-power switching devices.
• In october 2020, Marktech Optoelectronics, Inc. has announced its membership in The American Institute for Manufacturing Integrated Photonics.
• In October 2020, win semiconductors collaborating with National Taiwan University A University-industry for development of global epiwafers market.