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The global epitaxial wafer market was valued at US$ 2.81 Billion in 2021.
We expect the global epitaxial wafer market to exhibit a CAGR of 11.60% during 2022-2027.
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
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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