Epitaxial Wafer Market 2022-27, Industry Growth, Share, Size and Forecast Analysis

Epitaxial Wafer Market

According to the global epitaxial wafer market report by IMARC Group, finds that the market reached a value of US$ 2.81 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.49 Billion by 2027, exhibiting a CAGR of 11.60% during 2022-2027.

What is meant by Epitaxial Wafer?

The epitaxial wafer, or epi wafer, refers to a layer of epitaxial silicon single crystal deposited on a single crystal silicon wafer. It is utilized in integrated circuit (IC) substrates, such as bipolar and metal oxide semiconductor (MOS) and diode and transistor elements. It helps control doping profiles that are not attainable with traditional methods, such as diffusion and ion implantation. It is also used in energy-saving of various power-sourced items and power devices. As a result, epitaxial wafer finds extensive applications in gaming consoles, laptops, tablets, light-emitting diodes (LEDs), gyroscopes, and smartphones.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Epitaxial Wafer Market Trends and Drivers:

The global epitaxial wafer market is primarily driven by the increasing product demand in consumer electronics for micro-electromechanical systems (MEMS) devices and higher electron mobility. Moreover, the surging adoption of the internet of things (IoT) in epitaxial wafers due to their advanced applications is another major growth-inducing factor. Additionally, there is a significant rise in the demand for epitaxial wafers in the automotive industry for tracking and controlling temperature, pressure, flow, and level through robots. In line with this, the expanding automotive sector and the rising sales of self-driving trucks and electric vehicles (EVs) have catalyzed market growth.

Besides this, the governments of several countries are introducing favorable policies to encourage the usage of LEDs, which has augmented the product demand. Other factors, including the growing consumer awareness about green technology, rising focus on reducing electricity consumption, and increasing applications of global positioning systems (GPS), are also anticipated to drive the market further.

Epitaxial Wafer Market Report Scope
Report Coverage Details
Market size value in 2021 US$ 2.81 Billion
Market forecast in 2027 US$ 5.49 Billion
Growth Rate CAGR of 11.60% from 2022 to 2027
Base year for estimation 2021
Historical data 2016-2021
Forecast period 2022-2027

Global Epitaxial Wafer Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

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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The report has segmented the market on the basis of region, type, wafer size, application and industry vertical.

Breakup by type:

  • Heteroepitaxy
  • Homoepitaxy

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 Geography:

  • 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

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