The thin wafer market is expected to grow at a compound annual growth rate of 4.22% over the forecast period to reach a total market size of US$9.220 billion by 2023, from a market size of US$7.195 billion in 2017.
Reduction in the size of various electronic devices and electrical components is one of the major factors driving the demand for thin wafers.
Rising number of smartphone users across the globe is majorly boosting the demand for these wafer type in order to minimize the thickness of the devices being manufactured.
Expanding global semiconductor industry coupled with increasing awareness regarding the technology will propel the growth of thin wafers market in the coming years.
Growing IC (integrated circuit) industry and rising demand for portable devices will further augment the demand for thin wafers.
However, inefficient maintenance and delay in supply of thin wafers due to manufacturing defects will restrain the growth of global thin wafer market during the forecast period.
By size, 300 mm thin wafer is experiencing a significant market growth as it enables the manufacturing of a large number of devices in a single batch, thereby impacting the global thin wafer market positively.
Geographically, China from the APAC region is anticipated to witness the fastest growth of thin wafer market during the forecast period owing to the spending on the wafer fabrication equipment. Factors such as growing semiconductor industry, rapid industrialization, and high demand for various consumer electronics, particularly smartphones and tablets will lead to this regional market growth.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Thin Wafer Market by Size
6. Global Thin Wafer Market by Application
7. Global Thin Wafer Market by Geography
8. Competitive Intelligence
9. Company Profiles
- SK Siltron Co. Ltd.
- Siltronic AG
- PV Crystalox Solar PLC
- LDK Solar
- Sumco Corporation
- Virginia Semiconductor Inc.
- Wafer Works Corporation
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