Thin Wafer Market: Global Share, Size, Growth, Trends & Outlook ( 2022 – 2032 )

Brief Overview

Thin wafer is also known as semiconductor material substrate or slice, is an electronic component used in manufacturing integrated circuits (ICs) and solar cells, as well as photovoltaic. Wafer is used in microcontroller devices as a solid substratum and undergoes etching, deposition, and iron implant processes. In terms of resistivity, type, and oxygen and carbon content, wafers are generally classified. It is generally made of pure semiconductor crystalline materials such as germanium, silicon, etc. The wafer size varies from 25 mm to 300 mm. It undergoes many processes of micro-manufacturing, such as doping, implantation of ions, etching, deposition of various materials with thin film, and photolithographic patterning.

Market Insights

Increasing adoption of micro-electromechanical systems (MEMS) technology in portable health monitoring devices, reducing the size of electronic devices, growing markets for smartphones and consumer electronics, and high levels of material savings are fueling the growth of the thin wafer market.

Rising adoption of Micro-Electromechanical Systems (MEMS) technology in portable health monitoring devices

Due to their growing adoption in applications such as portable medical devices, communication systems, and automotive sensor devices, the demand for MEMS is increasing. MEMS's miniature design allows it to be used in almost all electronic devices, which contributes significantly to its adoption in different applications, thereby increasing the demand for MEMS in the semiconductor market. Not only do thin wafers support the trend of electronic device miniaturisation, but they also assist in the effective thermal management of such devices. Due to their increased use by health workers globally to tackle the virus, portable medical devices, there has been an increase in demand during this pandemic period, such as monitoring devices for patients. In addition, the increased global awareness of the situation with COVID-19 has created a huge demand for personal monitoring devices.

The growing demand for more compact and technologically advanced electronic devices among consumers is a major driver of growth in the global market for thin wafers. Increased use of mobile phones by individuals worldwide and an increasing number of users of electronic devices are factors that result in an increase in the size of the market. Wafer saves the material required for the production of the device, which is another factor that is expected to stimulate global market growth. Growing adoption among individuals of new technology in the developing world, as well as in developed countries, can boost the growth of the global market for thin wafers in the near future.

The global market for thin wafers is estimated to grow from USD 9.6 billion in 2020 to USD 13.9 billion by 2025, with a CAGR of 9.2 percent.

However, the limited diameter and use of expensive silicon for the production of thin wafers may hamper the growth of the global market for thin wafers. Moreover, maintaining efficiency is another factor which is expected to have an impact on the growth of the target market. However, the high adoption of portable electronic devices and high revenue opportunities for players in the thin wafer market can be created by the increasing number of integrated circuit production companies.

Geographical Analysis

The Asia Pacific market is expected to account for a significant share of revenue as a result of the increasing number of semiconductor device manufacturing companies in this region. It is also expected that the market will witness significant revenue growth over the forecast period. Increasing consumer numbers and low labour costs are factors driving the growth of this region’s global thin wafer market. The market currently accounts for the second-largest share of revenue in North America and is expected to retain its position in the near future, followed by Europe, Latin America, the Middle East and Africa. The presence of major firms and increasing government support for the production of regional electronic components are expected to drive the growth of the target market in the region of North America.

Segmentation

By Wafer Size

• 125mm
• 200mm
• 300mm

By Application

• Micro-Electro-Mechanical Systems (MEMS)
• Complementary Metal–Oxide–Semiconductor (CMOS) Image Sensors
• Radio-Frequency (RF) Devices
• Light-Emitting Diode (LEDs)
• Logic
• Interposers

By Geography:

- North America (U.S. & Canada)
- Europe (Germany, United Kingdom, France, Italy, Spain, Russia and Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Taiwan, Australia, New Zealand and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa and Rest of Middle East & Africa

Competitive Landscape

The report profiles various major market players such as

• SK Siltron
• Shin-Etsu Chemical Co. Ltd.
• Siltronic
• Sumco Corporation
• Globalwafers Co. Ltd.
• Suss Microtec
• Lintec Corporation
• Disco Corporation
• 3M
• Applied Materials
• Other Major & Niche Players

Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities). The study also provides company’s positioning and market share of the overall market.

Timeline Considered for Analysis:

- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecast Period

Research Scope and Deliverables

Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis

Market Segmentation Analysis:

Industry report analyses the global thin wafer market by the following segments:

- Wafer Size
- Application

Customization: We also offer customization’s in the industry report as per the company’s specific needs.

Key Questions Answered in the Thin Wafer Industry Report

• What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
• Which region would have high demand for product in the upcoming years?
• What are the factors driving the growth of the market?
• Which sub-market will make the most significant contribution to the market?
• What are the market opportunities for existing and entry-level players?
• What are various long-term and short-term strategies adopted by the market players?