The Australia silicon wafer market size reached USD 254.0 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 356.9 Million by 2033, exhibiting a growth rate (CAGR) of 3.85% during 2025-2033. The market is witnessing significant growth, driven by the establishment of a domestic solar photovoltaic manufacturing sector and establishment of polysilicon production facilities to enhance supply chain sovereignty.
Report Attribute
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Key Statistics
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Base Year
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2024 |
Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Size in 2024 | USD 254.0 Million |
Market Forecast in 2033 | USD 356.9 Million |
Market Growth Rate 2025-2033 | 3.85% |
Trend 1: Establishment of a Domestic Solar Photovoltaic (PV) Manufacturing Sector
Australia is actively pursuing the development of a domestic solar photovoltaic (PV) manufacturing industry to reduce reliance on imports, particularly from China, which currently supplies over 90% of the nation’s solar modules. This strategic move aims to strengthen energy security, support economic growth, and promote sustainable energy practices. A report backed by the Australian Renewable Energy Agency (ARENA) highlights the critical importance of establishing a robust local solar PV sector to mitigate risks associated with global supply chain disruptions. For instance, in May 2024, ARENA received a record $7.1 billion in the 2024-25 Federal Budget, including $1.9 billion in baseline funding, $2B for Hydrogen Headstart, $1.7B for Innovation Fund, and $1B for Solar Sunshot , thereby enhancing Australia's energy security and supporting its decarbonization objectives. These allocations are designed to accelerate the clean energy transition, stimulate domestic manufacturing, and foster technological innovations. The development of a local solar PV industry not only enhances Australia’s energy security but also supports job creation, economic diversification, and the retention of intellectual property. By investing in domestic capabilities, Australia aims to position itself as a competitive player in the global renewable energy market, aligning with international efforts to diversify supply chains and promote sustainable manufacturing practices.
Establishment of Polysilicon Production Facilities to Enhance Supply Chain Sovereignty
In a significant development aimed at strengthening Australia’s position in the renewable energy supply chain, Quinbrook Infrastructure Partners has announced plans to construct the nation’s first polysilicon plant in Townsville, Queensland. This proposed facility will be powered by a large-scale solar and battery project, utilizing high-quality quartz sourced from North Queensland. The plant is expected to be among the greenest polysilicon facilities globally, with a strong focus on sustainability and low-carbon emissions. This initiative is projected to create over 1,000 jobs, contributing significantly to regional economic development while supporting Australia’s clean energy transition. For instance, in July 2024, Australian Silica Quartz (ASQ) launched exploration drilling at Quartz Hill, Queensland, aiming to support Quinbrook’s AUD 7.8 billion polysilicon plant for solar panels and battery technology. The establishment of a domestic polysilicon production facility is a pivotal step toward achieving supply chain sovereignty, reducing Australia’s dependence on foreign suppliers, particularly in critical materials essential for solar energy production. By leveraging its abundant natural resources and renewable energy potential, Australia aims to become a global leader in sustainable manufacturing, contributing to international efforts to combat climate change while enhancing national energy security and economic resilience.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the region level for 2025-2033. Our report has categorized the market based on wafer size, type, application, and end use.
Wafer Size Insights:
The report has provided a detailed breakup and analysis of the market based on the wafer size. This includes 0 - 100 mm, 100 - 200 mm, 200 - 300 mm, and more than 300 mm.
Type Insights:
A detailed breakup and analysis of the market based on the type have also been provided in the report. This includes N-type and P-type.
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes solar cells, integrated circuits, photoelectric cells, and others.
End Use Insights:
A detailed breakup and analysis of the market based on the end use have also been provided in the report. This includes consumer electronics, automotive, industrial, telecommunications, and others.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, and Western Australia.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Million USD |
Scope of the Report | Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Wafer Sizes Covered | 0 - 100 mm, 100 - 200 mm, 200 - 300 mm, More than 300 mm |
Types Covered | N-type, P-type |
Applications Covered | Solar Cells, Integrated Circuits, Photoelectric Cells, Others |
End Uses Covered | Consumer Electronics, Automotive, Industrial, Telecommunications, Others |
Regions Covered | Australia Capital Territory & New South Wales, Victoria & Tasmania, Queensland, Northern Territory & Southern Australia, Western Australia |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |