[ad_2]
ALBANY, N.Y., May 16, 2022 /PRNewswire/ — Silicon wafer shipments and revenues are rising continuously to cater to the burgeoning demand for chips for use in various industries, increasingly in the defense, automotive, telecommunication, and aerospace industries. Semiconductor wafer suppliers have reaped significant revenue gains from rise in prices of silicon wafers. The global market is projected to surpass valuation of US$ 13.2 Bn by 2031.
Growing use of microelectronic chips and systems in AI and IoT have shaped the development of the silicon wafer market. Players in the semiconductor industry have in recent years vigorously pushed for attaining lower cost per chip. This aspect has spurred the shift toward larger diameter wafers. The TMR study on silicon wafer market observed that there is a shift toward production of 450mm silicon wafers, in addition to 50mm and 300mm sized wafers.
Ever-increasing need for next-gen chips for both consumer and commercial applications is reinforcing advancements in silicon wafer manufacturing process. Need for state-of-the art semiconductor devices for photovoltaic (PV) equipment is a case in point. Which is enriching the prospects of the silicon wafer market. Silicon wafers are widely utilized in ICs, MEMS, sensors, and diverse range of microelectronics.
Both high-value and high-volume production of chips in Asia Pacific has made the region highly lucrative in the global silcon wafer market. High concentration of chip foundries in Taiwan has spurred the sales of silicon wafers in Asia Pacific. Rise in demand for semiconductor devices in data centres and computing devices is catalysing revenue growth of the Asia Pacific silicon wafer market.
Get PDF Brochure for More Insights – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1384
Key Findings of Silicon Wafer Market Study
Get COVID-19 Impact Analysis at – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=1384
Silicon Wafer Market: Key Drivers
Request Sample Report at – https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1384
Silicon Wafer Market: Strategic Landscape
Top silicon wafer manufacturing companies in the world are stridently geared toward the production of wafers to ensure stable supply of silicon wafers in the semiconductor industry. Multinational semiconductor manufacturing companies are also reinforcing their propriety silicon material manufacturing technologies to assert their distinctive competencies in the silicon wafer market. Recent cases of such efforts have been made by Global Foundries, Okmetic, SUMCO Corporation, and Wafer Works Corporation.
Other key players in the silicon wafer market are Wafer World Inc., Siltronic AG, SK Siltron Co. Ltd., Globalwafers Co. Ltd, and Taiwan Semiconductor Manufacturing Company.
Make an Enquiry Before Buying – https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1384
Global Silicon Wafer Market: Segmentation
Silicon Wafer Market, by Size
Silicon Wafer Market, by Device
Silicon Wafer Market, by End-use Industry
Silicon Wafer Market, by Region
Browse Latest Electronics & Semiconductors Industry Research Reports by TMR
About Transparency Market Research
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit our YouTube channel – https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Website: http://www.transparencymarketresearch.com
Press Release: https://www.transparencymarketresearch.com/pressrelease/silicon-wafers-market.htm
Logo: https://mma.prnewswire.com/media/1682871/TMR_Logo_Logo.jpg
Source link
[ad_2]
The content is by PR Newswire. Headlines of Today Media is not responsible for the content provided or any links related to this content. Headlines of Today Media is not responsible for the correctness, topicality or the quality of the content.
[ad_2]
[ad_1] Nørresundby, 26 April 2024Announcement no. 23/2024 The Board of Directors of RTX has, cf. company announcement no. 20/2023 dated…
[ad_1] Gyroscope Global Market Report 2024 – Market Size, Trends, And Global Forecast 2024-2033 The Business Research Company's Gyroscope Global…
[ad_1] ODISHA, India, and LOS ANGELES, Calif., April 25, 2024 (SEND2PRESS NEWSWIRE) — In the 1880s, to call attention to…
In support of Hong Kong's new mega tourism and commerce drive, Alipay+ now enables users of 14 leading overseas mobile…
[ad_2] TOKYO, April 26, 2024 /PRNewswire/ -- KLab Inc. announced that its hit 3D action game Bleach: Brave Souls has…
[ad_1] CALGARY, Alberta, April 24, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of TransAlta Corporation (TSX: TA) (NYSE: TAC)…