Epitaxial Wafer Market Share, Size Report and Forecast 2023-2028

Epitaxial Wafer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Report Format: PDF+Excel | Report ID: SR112023A5291

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Market Overview:

The global epitaxial wafer market size reached US$ 3.2 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2028, exhibiting a growth rate (CAGR) of 11.2% during 2023-2028.

The epitaxial wafer, also known as epi wafer, is a layer of epitaxial silicon single crystal deposited on a single crystal silicon wafer. It assists in controlling doping profiles that are not achievable through traditional methods like diffusion and ion implantation. It is used in diode and transistor elements and integrated circuit (IC) substrates, such as bipolar and metal-oxide-semiconductor (MOS). It is also utilized in power devices and energy-saving of various power-sourced items. Apart from this, it finds extensive applications in smartphones, light-emitting diodes (LEDs), gyroscopes, laptops, tablets and gaming consoles across the globe.

Global Epitaxial Wafer Market Report

Epitaxial Wafer Market Trends:

At present, there is a considerable rise in the demand for epitaxial wafers in consumer electronics, which enable higher electron mobility and micro-electromechanical systems (MEMS) devices. This represents one of the key factors strengthening the growth of the market. Moreover, there is an increase in the employment of epitaxial wafers in the automotive industry to track and control temperature, pressure, flow, and level through robots. This, coupled with the rising sales of autonomous and electric vehicles (EVs) and self-driving trucks and the burgeoning automotive sector around the world, is propelling the growth of the market. In addition, the increasing adoption of the internet of things (IoT) in epitaxial wafers due to their advanced applications is positively influencing the market. Besides this, the rising focus on reducing the consumption of electricity and the growing awareness about green technology among individuals are catalyzing the demand for epitaxial wafers. Additionally, governments of several countries are undertaking initiatives to promote the usage of light-emitting diodes (LEDs), which is projected to offer lucrative growth opportunities to industry investors and end users.

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global epitaxial wafer market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, wafer size, application and industry vertical.

Breakup by Type:

Heteroepitaxy
Homoepitaxy

Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.

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Breakup by Wafer Size:

2-4 Inch
5-8 Inch
9-12 Inch
Others

Breakup by Application:

LED
Power Semiconductor
MEMS-Based Devices
Others

Breakup by Industry Vertical:

Consumer Electronics
Automotive
Healthcare
Industrial
Others

Breakup by Region:

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North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Electronics And Materials Corporation Limited, Epistar Corporation, GlobalWafers (Sino-American Silicon), II-VI Incorporated, IntelliEPI, IQE PLC, Jenoptic AG, Nichia Corporation, Showa Denko K. K., Silicon Valley Microelectronics Inc., Siltronic AG (Wacker Chemie AG) and Sumco Corporation.

Report Coverage:

Report Features	Details
Base Year of the Analysis	2022
Historical Period	2017-2022
Forecast Period	2023-2028
Units	US$ Billion
Segment Coverage	Type, Wafer Size, Application, Industry Vertical, Region
Region Covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered	United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered	Electronics And Materials Corporation Limited, Epistar Corporation, GlobalWafers (Sino-American Silicon), II-VI Incorporated, IntelliEPI, IQE PLC, Jenoptic AG, Nichia Corporation, Showa Denko K. K., Silicon Valley Microelectronics Inc., Siltronic AG (Wacker Chemie AG) and Sumco Corporation.
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 2499 Five User License: US$ 3499 Corporate License: US$ 4499
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)

Key Questions Answered in This Report

The global epitaxial wafer market was valued at US$ 3.2 Billion in 2022.

We expect the global epitaxial wafer market to exhibit a CAGR of 11.2% during 2023-2028.

The growing utilization of epitaxial wafer in numerous power devices and for energy-saving applications in various power-sourced devices is primarily driving the global epitaxial wafer market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary closure of numerous end-use industries, thereby limiting the demand for epitaxial wafer.

Based on the type, the global epitaxial wafer market can be categorized into heteroepitaxy and homoepitaxy. Currently, heteroepitaxy exhibits clear dominance in the market.

Based on the wafer size, the global epitaxial wafer market has been segmented into 2-4 inch, 5-8 inch, 9-12 inch, and others. Among these, 9-12 inch wafer size currently represents the largest market share.

Based on the industry vertical, the global epitaxial wafer market can be bifurcated into consumer electronics, automotive, healthcare, industrial, and others. Currently, the consumer electronics industry accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Europe, Asia-Pacific, Middle East and Africa, and Latin America, where Asia-Pacific currently dominates the global market.

Some of the major players in the global epitaxial wafer market include Electronics And Materials Corporation Limited, Epistar Corporation, GlobalWafers (Sino-American Silicon), II-VI Incorporated, IntelliEPI, IQE PLC, Jenoptic AG, Nichia Corporation, Showa Denko K. K., Silicon Valley Microelectronics Inc., Siltronic AG (Wacker Chemie AG), and Sumco Corporation.

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