Global Silicon Wafer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Silicon Wafer Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Wafer refers to the silicon wafer used in the fabrication of silicon semiconductor integrated circuits. Because of its circular shape, it is called a wafer. The starting material of the wafer is silicon. This research report divides silicon wafers into 150 mm, 200 mm, 300 mm and others according to the size of the silicon wafer (calculated by diameter). Products are divided into Consumer Electronics, Automotive, Defense and Aerospace and others according to different application areas.

Market Overview:

The latest research study on the global Silicon Wafer market finds that the global Silicon Wafer market reached a value of USD 18547.49 million in 2022. It’s expected that the market will achieve USD 29399.07 million by 2028, exhibiting a CAGR of 7.98% during the forecast period.

Silicon Wafer Market Drivers

For the silicon wafer industry, its market is mainly driven by downstream demand. Silicon wafers are the main carrier of semiconductor devices. Silicon wafers are the upstream raw materials of the semiconductor industry. The downstream industries can process silicon wafers into various types of semiconductor devices for subsequent processing, such as integrated circuits, diodes, and power devices, through lithography, etching, and ion implantation. etc. As a semiconductor material, silicon wafer has good insulation and high stability of the semiconductor device, so it has been widely used in the semiconductor industry. At the same time, the semiconductor industry is rich in terminal applications, such as various consumer electronic products, automotive electronics and industrial control and other fields. Due to the strong demand for silicon wafers in the semiconductor industry, the long-term growth of the silicon wafer industry is driven.

From a product type perspective, both 300mm (12-inch) and 200mm (8-inch) wafer demand maintains a long-term growth trend. At present, 12-inch wafers are mainly used to produce high computing power logic devices, DRAM memory, 3D NAND memory, CMOS image sensors, etc.; 8inch wafers are mainly used to produce CMOS image sensors, power discrete devices, MCU, analog devices, Mature process chips such as power management chips and display driver chips.

Because the semiconductor devices produced with 8-inch wafers and 12-inch wafers are different, their end applications are also quite different. From the perspective of terminal application market size, the main downstream application fields of 8-inch wafers are automobiles, industry, smartphones, white goods, IoT, etc.; the main downstream application fields of 12-inch wafers are smartphones, PCs, tablets, servers, games, automotive, industrial, etc. According to the data, the terminal market with the largest demand for 12-inch wafer area in 2020 is the smartphone market, followed by the PC, industrial, server, and automotive markets. The semiconductor devices that require the largest wafer area are logic devices, followed by other devices such as 3D NAND memory, DRAM memory, and power. It can be seen that from the perspective of product types, the market demand for 300mm and 200mm silicon wafers is constantly promoting the development of the entire industry.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Shin-Etsu Chemical Co., Ltd. is one of the major players operating in the Silicon Wafer market, holding a share of 29.29% in 2021.

On June 18, 2021, the recent rapid changes in semiconductor market conditions forced us to further strengthen the production and sales structure of semiconductor wafer shipping boxes. Therefore, Shin-Etsu Chemical Co., Ltd. will increase the price of semiconductor wafer shipping boxes in consideration of the following.

On October 1, 2021, Japan's Sumco will spend 228.7 billion yen ($2.05 billion) to ramp up production of state-of-the-art 300mm semiconductor silicon wafers.

Segmentation Overview:

Among different product types, 300mm segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Consumer Electronics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Silicon Wafer market covered in Chapter 3:

SUMCO Corporation
Okmetic
Wafer Works Corporation
Siltronic AG
Global Wafers Co., Ltd.
SK Siltron Co., Ltd.
Shin-Etsu Chemical Co., Ltd.
Soitec

In Chapter 4 and Chapter 14.2, on the basis of types, the Silicon Wafer market from 2018 to 2029 is primarily split into:

150 mm
200 mm
300mm
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Silicon Wafer market from 2018 to 2029 covers:

Consumer Electronics
Automotive
Defense and Aerospace
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)