Epitaxial Wafer Market, By Deposition Type (Heteroepitaxy and Homoepitaxy), By Wafer Size (2-4 Inch, 5-8 Inch, 9-12 Inch, Others), By Application (LED, Power Semiconductor, MEMS-Based Devices and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
An interface between a substrate and a thin film is the epitaxy wafer. When an epitaxy wafer is grown, crystal growth takes place on the substrate's crystal and is arranged in accordance with the substrate's foundational crystal phase. There are two ways the epitaxial layer can be deposited over another substrate: Heteroepitaxy as well as homoepitaxy when a crystalline film is grown using the same substance as the substrate, this is called homoepitaxy. Heteroepitaxy, which produces a crystalline film from a different substance than the substrate, is more prevalent.
Market Dynamics:
One of the driving forces behind the market's expansion is the rising number of solar panel installations all over the world. This is because consumers are becoming more aware of the benefits of using solar energy. The utilization of silicon wafer in sun based cells has prompted expanding proficiency of sunlight powered charger, and that implies it produces more power per unit contrasted with traditional material that utilized in sun oriented cells. As a result, the use of silicon wafer for solar cell production will rise in response to its advantages. Accordingly, expanding interest for silicon wafer will drive wafer makers to cover that silicon wafer with epitaxial layer to build the proficiency of the board. Solar panels' performance is further enhanced by the coating on the epitaxial wafer. As a result, over the forecast period, demand for epitaxial wafer is anticipated to rise as a result of all of these factors.
Key features of the study:
This report provides in-depth analysis of the epitaxial wafer market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the epitaxial wafer market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study EpiWorks Inc., GlobalWafer, Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd., Intelligent Epitaxy Wafer Size Inc., IQE plc, Xiamen Powerway Advanced Materials Co., Ltd., Visual Photonics Epitaxy Co., Ltd., Jenoptic AG, MOSPEC Semiconductor Corp., Norstel AB, Ommic S.A., Silicon Valley Microelectronics Inc., SVT Associates Inc., UniversalWafer Inc., Wafer Works Corporation, and Wafer Works Corporation and Others
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The epitaxial wafer market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the epitaxial wafer market
Detailed Segmentation:
Global Epitaxial Wafer Market, By Deposition Type
Heteroepitaxy
Homeoepitaxy
Global Epitaxial Wafer Market, By Wafer Size
50mm to 100mm
100mm to 150mm
Above 150mm
Global Epitaxial Wafer Market, By Application
LED Semiconductor
Power Semiconductor
MEMS-based devices
Global Epitaxial Wafer Market, By Geography
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Rest of the World
Company Profiles:
EpiWorks Inc
GlobalWafer
Nichia Corporation
SHOWA DENKO K.K
Siltronic AG
Desert Silicon Inc
Electronics and Materials Corporation Ltd
Intelligent Epitaxy Wafer Size Inc.
IQE plc
Xiamen Powerway Advanced Materials Co., Ltd
Visual Photonics Epitaxy Co., Ltd
Jenoptic AG
MOSPEC Semiconductor Corp
Norstel AB
Ommic S.A., Silicon Valley Microelectronics Inc
SVT Associates Inc
UniversalWafer Inc
Wafer Works Corporation