The global semiconductor wafer market size was valued at $16.87 billion in 2020, and is projected to reach $27.13 billion by 2030, registering a CAGR of 4.8% from 2021 to 2030.
Semiconductor wafer refers to a thin slice of semiconductor material such as silicon or gallium arsenide. These wafers are vital component of integrated circuits (ICs). They can be used for numerous applications in smartphones, laptop, computers, digital & electrical gadgets, and others.
The growth of the global semiconductor wafer market revenue is anticipated to be driven by factors such as growing usage of semiconductor wafers in power amplifiers for transmitting ultra-high radio frequency, fast electronic switching, and high-speed signals applications. In addition, increase in adoption of smart devices and rise in sales of consumer electronic devices boost the overall semiconductor wafer market growth. However, volatility in cost of raw materials acts as a major restraint of the global semiconductor wafer industry. On the contrary, surge in usage in automotive, healthcare, and industrial applications is expected to create lucrative opportunities for the semiconductor wafer industry.
The global semiconductor wafer market share is segmented into wafer size, technology, product type, end use, and region. By wafer size, the market is classified into 6 inch, 8 inch, 12 inch, and others. Depending on technology, the market is categorized into wafer bumping, packaging & assembly, testing & inspection, and others. The product types covered in the study include memory, processor, analog, and others. On the basis of end use, the market is divided into automotive, consumer electronics, industrial, telecommunication, and others.
Region-wise, the semiconductor wafer market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, Russia, and the rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Taiwan, and the rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa). Asia-Pacific dominated the semiconductor wafer market in 2020, and is projected to register the significant growth rate during the forecast period, owing to growth of the consumer electronics sector. Also, Asia-Pacific is expected to witness significant growth rate by the end of the forecast period, followed by North America.
Leading semiconductor wafer market manufacturers, such as Global Wafers, Taiwan Semiconductor Manufacturing Company (TSMC) Limited, and Micron, are focusing on their investment on technologically advanced, cost-effective, and more secure products and solutions for various applications.
By Wafer Size
12 Inch segment is projected as one of the most lucrative segments.
Top Impacting Factors
The prominent factors that impact the semiconductor wafer market growth are increase in demand for ultra-thin wafers, high adoption of consumer electronics devices, and growth in the semiconductor industry. In addition, surge in internet of things (IoT) technology drives the semiconductor wafer market. However, complexities in manufacturing restrict the market growth. On the contrary, increase in investment in wafer fabrication equipment & materials and rise in use of wafers in the automotive industry are expected to create lucrative opportunities for the market.
Competitive analysis and profiles of the major semiconductor wafer market players, such as Fujitsu Semiconductor Limited, Global Foundries, Global Wafers, micron, Semiconductor Manufacturing International Corporation (SMIC), Shin Etsu, Siltronics, Sumco, Taiwan Semiconductor Manufacturing Company (TSMC) Limited, and United Microelectronics Corporation (UMC), have been covered in the report.
By Product Type
Processor segment is expected to secure leading position during forecast period.
Covid-19 Impact Analysis
The outbreak of COVID-19 has significantly affected the electronics and semiconductor sector. Business and manufacturing units across various countries were closed, owing to increase in number of COVID-19 cases, and are expected to remain closed in 2021. Furthermore, partial or complete lockdown has disrupted global supply chain posing challenges for manufacturers to reach customers.
The COVID-19 pandemic is impacting the society and overall economy across the globe. The impact of this outbreak is growing day-by-day as well as affecting the overall business globally. The crisis is creating uncertainty in the stock market and resulting in falling business confidence, massive slowing of supply chain, and increasing panic among the customer segments.
Asian and European countries under lockdowns have suffered major loss of business and revenue due to the shutdown of manufacturing units. The operations of production and manufacturing industries have been heavily impacted by the outbreak of COVID-19, which further impacted the growth of the semiconductor wafer market.
In addition, the COVID-19 pandemic has impacted the electronics sector, as production facilities have stalled, which, in turn, boosted the demand for electronics and semiconductor products in industries. Its major impact includes large manufacturing interruption across Europe and interruption in Chinese parts exports, which may hinder the semiconductor wafer market.
Asia-Pacific would exhibit the highest CAGR of 5.2% during 2021-2030
Key Benefits For Stakeholders
- This study comprises analytical depiction of the global semiconductor wafer market along with the current trends and future estimations to depict the imminent investment pockets.
- The overall semiconductor wafer market analysis is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
- The current semiconductor wafer market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers of the semiconductor wafer market.
- The report includes the semiconductor wafer market trends and the revenue share of key vendors.
Semiconductor Wafer Market Report Highlights
By Wafer Size
By Product Type
By End Use
Key Market Players
Global Foundries, Shin Etsu, Semiconductor Manufacturing International Corporation (SMIC), Global Wafers, Fujitsu Semiconductor Limited, micron, Taiwan Semiconductor Manufacturing Company (TSMC) Limited, Sumco, Siltronics, United Microelectronics Corporation (UMC)
The global semiconductor wafer market is flourishing at a rapid pace. However, complexities in manufacturing and high initial investment are still a concern for new entrants. Market players are generously investing in R&D activities to develop improved techniques to decrease complication of semiconductor wafer manufacturing. It is essential to optimize affordable prices for semiconductor wafer products for long-term growth.
The growth of the global semiconductor wafer market is anticipated to be driven by factors such as growing usage of semiconductor wafers in power amplifiers for transmitting ultra-high radio frequency, fast electronic switching, and high-speed signals applications. In addition, increase in adoption of smart devices and rise in sales of consumer electronic devices boost the overall market growth. However, volatility in cost of raw materials acts as a major restraint of the global semiconductor wafer industry. On the contrary, surge in usage in automotive, healthcare, and industrial applications is expected to create lucrative opportunities for the semiconductor wafer industry.
The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Partnership, expansion, and acquisition are expected to be the prominent strategies adopted by the market players. Asia-Pacific accounted for a major share of the market in 2020, owing to the presence of major players in the region. Also, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of semiconductor wafer in a variety of fields.