Report Code: A08320 | Pages: NA | Mar 2023 | 2441 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Epitaxial Wafer Market
Request Now !An epitaxial wafer is an exotic semiconducting material, which is created by epitaxial growth for utilization in microelectronics, photovoltaics, and photonics. Epitaxial wafers are utilized as a high purity layer to form thick dopes. In addition, epitaxial wafers are used in many applications such as smart phones, LEDs, gyroscopes, laptops, tablets, and gaming consoles. As epitaxial wafers are elementary building blocks for semiconductors, they play a vital role in the manufacture of several semiconductor components. Epitaxial wafers can grow high purity silicon by epitaxy than silicon in substrates, which makes epitaxial materials better. The global epitaxial wafer market is experiencing a significant growth, and is expected to grow considerably in next few years.
Implementation of epitaxial wafers provides numerous advantages such as epitaxial wafers provide electronic engineers a way to control doping profiles not achievable through other traditional means such as diffusion or ion implantation. Secondly, physical and chemical features of epitaxial wafers can be created differently from bulk materials. Epitaxial wafers can create a high purity silicon by epitaxy than silicon in the substrate, which makes epitaxial materials a better material.
COVID-19 scenario Analysis:Â
Increase in demand for epitaxial wafer in consumer electronics, application of GPS, rise in trend of wafers in automotive and semiconductor industries drive growth of the epitaxial wafer market globally. Increase in overall cost of manufacturing epitaxial wafers due to increase in shift from homoepitaxy to heteroepitaxy deposition type hampers growth of the epitaxial wafer market. However, increase in adoption of epitaxial wafer technology in portable electronics as they provide highly efficient and reliable electrical interconnect solutions for electronic products is anticipated to increase demand for epitaxial wafer during the forecast period.
The global epitaxial wafer market trends are as follows:
Epitaxial wafers help in increasing efficiency and precision through automation, which makes them an intrinsic part of production process of the automotive industry. Wafers are used in automotive industry’s production process to track and control temperature, pressure, flow, and level through robots. In addition, contribution from autonomous vehicles, electric vehicles, and self-driving trucks is expected to play an important role in the increase of automotive industry’s production rate hence, creating a lot of opportunities for growth of the epitaxial wafer market across the globe.
There is going to be an increase in demand for epitaxial wafers to increase electrical properties of electronic products. Rapid growth of the electronic industry in India and China is one of the major factors leading to growth of the epitaxial wafer market in Asia-Pacific, in terms of highest CAGR during the forecast period.
Increase in popularity of IoT in epitaxial wafers, owing to their innovative and advanced applications is anticipated to drive growth of the epitaxial wafer market across.
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Questions answered in the epitaxial wafers market research report:
Epitaxial Wafer Market Report Highlights
Aspects | Details |
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By Type |
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By Wafer Size |
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By Application |
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BY Industry Vertical |
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By Region |
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Key Market Players | Nichia Corporation, Applied Materials, Sumco Corporation, Epigan, ASM, Global Wafers, Siltronic, Wafer World Inc., Tokyo Electron, Shin Etsu Chemical Co. Ltd. |
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