Posted By mark itwired
Posted on August 26, 2021
ESOMAR-certified market
research company Future Market Insights’ (FMI) recently published semiconductor
wafers market study projects a largely positive growth trajectory for
the 2020-2030 assessment period. The study divulges key dynamics responsible
for shaping the future growth prospects of the market.
Deepening 5G technology penetration is
amongst the primary growth drivers, as business houses and corporates look
towards diversifying their future operations. By 2024, 5G networks shall cover
2/5th of the globe, handing a
quarter of all mobile traffic data. Thus, production of wafers to manufacture
ICs for 5G devices is rising.
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Manufacturers are increasingly preferring gallium nitride
semiconductor chips over the conventional silicon based chips, as the latter
tends to have less temperature tolerance.
Key Takeaways
- By application, automotive semiconductor wafer to experience
nearly twofold growth until 2030 - Extensive applications to be witnessed across consumer
electronics, particularly in the manufacturing of integrated circuits (ICs) - By size, 150-200 mm semiconductor wafers is likely to generate
over 2/3rd revenue share by
2020-end - East Asia to emerge as the market hegemon, with China pivoting
maximum growth, Europe and North America remain highly lucrative - Global semiconductor wafers market to register value CAGR worth
5.6% through 2030
“Growing
penetration of automation is accelerating demand for self-driven vehicles, an
application area which is anticipated to generate lucrative growth prospects
for leading semiconductor wafer manufacturers,” remarks the FMI analyst.
COVID-19 Impact Analysis
The novel coronavirus
pandemic has ushered in multiple impacts across the global semiconductor wafers
market. Stringent government-mandated lockdowns have contracted production of
automotives, a key application area for semiconductor wafers.
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A 16% decline was experienced in the global automotive industry
since the past few months, thereby restraining sales of semiconductor wafers
for multiple purposes such as infotainment systems, collision detection and
navigation.
Simultaneously, surging sales
of consumer electronic products is keeping the semiconductor wafers market
demand afloat, particularly across emerging economies. With mandatory lockdowns
imposed, corporate entities, educational institutions and entertainment houses
are encouraging virtual interactions, thus upscaling demand for smartphones,
tablets and laptops.
Taking the aforementioned
trends into account, the semiconductor wafers market is likely to experience a
moderate dip in the short-run, after which growth is expected to rebound on the
back of easing restrictions.
Competitive Landscape
Prominent semiconductor
wafers manufacturers profiled in the report include Applied Materials Inc., ASM
International, Nikon Corporation, SCREEN Semiconductor Solutions Co. Ltd., Hitachi
High-Technologies Corporation, Tokyo Electron Limited, ASML Holding N.V., KLA
Corporation, Lam Research Corporation and others.
In November 2020, Hitachi
High-Technologies Corporation launched its 3D SEM CT1000 used for defect
observation across semiconductors. The devices enables a three-dimensional
observation of pattern and defects shapes occurring during the manufacturing
process on wafers measuring upto 200 mm in diameter.
In December
2020, Tokyo Electron Limited (TEL) announced the launch of its CELLESTATM SCD single wafer cleaning system,
scheduled to hit the shelves by January 2021. The product is a collapse-free
drying method which uses a supercritical fluid and is expected to ease
semiconductor wafer cleaning processes.
More Valuable Insights on Semiconductor Wafers Market
In its latest report, Future
Market Insights offers an unbiased analysis of the global semiconductor wafers
market, providing historical data for period of 2015-2019 and forecast
statistics for the period of 2020-2030. To understand opportunities in the
semiconductor wafers market, the market is segmented on the basis of wafer size
(Less than 150 mm, 150-200 mm, More than 200 mm), application (automotive,
consumer electronics, industrial manufacturing, telecommunication, others),
across six major regions.
