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Epitaxial Wafer Market Trends, Size, Growth 2024-2032

The new report by Expert Market Research  titled, ‘Global Epitaxial Wafer Market Size, Share, Growth, Analysis, Report and Forecast 2024-2032’, gives an in-depth analysis of the global epitaxial wafer market, assessing the market based on its segments like type, wafer size, application, industry vertical and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2018-2032)

  • Forecast CAGR (2024-2032): 12.25%

The usage of semiconductors in electronic applications across numerous business verticals can be linked to the expanding demand for epitaxial wafers. The market for epitaxial wafers is growing due to the rising market penetration of consumer electronics such as laptops and smartphones. The increasing prevalence of IoT linked devices is increasing the market need for power electronics, which is being used in the manufacturing process of numerous semiconductor components as a result of rapid industrialisation, technological innovation, and rising disposable incomes. As a result, the use of an epitaxial wafer in consumer electronics is boosting the market’s growth.

Epitaxial Wafer Industry Definition and Major Segments

A wafer of semiconducting material composed via epitaxial growth or epitaxy for application in photonics, spintronics, microelectronics, or photovoltaics is known as an epitaxial wafer. Epitaxy is the method of depositing thin layers of semiconductor materials onto a single crystal substrate’s surface. An epilayer is a name given to each of these layers. Epitaxy is mostly used to improve wafer functioning.

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On the basis of type, the market can be divided into:

  • Heteroepitaxy
  • Homoepitaxy

Based on wafer size, the market segmentations include:

  • 2-4 Inch
  • 5-8 Inch
  • 9-12 Inch
  • Others

The market, on the basis of application, can be divided into:

  • LED
  • Power Semiconductor
  • MEMS-Based Devices
  • Others

On the basis of industry vertical, the market can be categorised into:

  • Consumer Electronics
  • Automotive
  • Healthcare
  • Industrial
  • Others

The EMR report looks into the regional markets of epitaxial wafer-like:

  • North America
  • Latin America
  • the Asia Pacific
  • Europe
  • the Middle East
  • Africa

The increased market penetration of energy-efficient LED lighting is driving the global epitaxial wafer industry. Low production costs and increased device sensitivity, both of which are connected with epitaxial wafer technology, are driving market expansion. The adoption of LED lighting infrastructure is accelerating in both developed and developing countries, thanks to rising consumer awareness of green technology and a growing focus on decreasing overall electricity use. Furthermore, government initiatives such as awareness campaigns and subsidies to encourage the use of LED lighting are boosting epitaxial wafer market growth.

Key Market Players

The major players in the market are Nichia Corporation, SUMCO Corporation, Soitec Belgium N.V., Siltronic AG, and Wafer World Inc. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest, and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients’ requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

Media Contact:

Company Name: Claight Corporation
Contact Person: James Rowan, Business Consultant
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA



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