According to a new
market research report "Thin
Wafer Market with COVID-19 impact analysis by Wafer Size (125 mm, 200
mm, and 300 mm), Process (Temporary Bonding & Debonding and
Carrier-less/Taiko Process), Technology , Application, and Geography - Global
Forecast to 2025", The global thin wafer market is estimated to be USD
10.8 billion by 2025 (forecast year) from USD 7.6 billion in 2020 (estimated
year), at a CAGR of 7.2% between 2020 to 2025. The growth of the thin wafer
market is fueled by miniaturization of electronic devices, rising adoption of
MEMS technology in portable health monitoring devices, growing smartphone and
consumer electronics markets, and high amount of material saving. Also, growing
demand for smartphones and laptops owing to the increasing focus towards
e-learning amid COVID-19 is expected to drive the thin wafer market. Moreover, factors
such as increasing demand for thinner wafers to integrate microelectronics into
various consumer electronic devices and increasing utilization of thin wafers
in automotive communication and safety systems play an important role in
driving the growth of the market.
Thin wafer market for memory application
expected to hold the largest market share during the forecast period
Memory application
segment is expected to hold the largest share of the thin wafer market, by
application. Growth of this segment can be attributed to the growing demand for
NAND memory in mobile electronics worldwide and the increasing demand for
memory due to growing adoption of 5G network. The miniaturization of electronic
devices has created the demand for thin memory chips, which is expected to
drive the growth of this segment. Also, several companies such as Samsung and
SK Hynix are planning to establish new wafer factories and NAND flash memory
plants in APAC, which is expected to boost the growth of the memory application
segment in APAC.
200 mm wafers expected to witness the second
largest market growth during the forecast period
200 mm wafers are
likely to witness significant demand owing to their increasing use in power
devices, ICs, LEDs, MEMS, and many other semiconductor and electronic devices.
These wafers are not only affordable but are also easy to integrate into
various devices; hence, these wafers are increasingly being adopted by
small-scale and large-scale electronic manufacturers. Also, these wafers are
increasingly being used in the manufacturing of devices that require small die
sizes and have a global shipment size in the thousands. LED, RF device, and
power transistors manufacturers use 200 mm silicon wafers.
APAC is projected to hold the largest share of
thin wafer market in 2025
APAC is expected to
hold the largest share of the thin wafer market in 2025. The APAC is a huge
adopter of smart electronic devices. This has helped the consumer electronics
manufacturers to introduce higher-end devices in this region. The acceptance of
the latest technology trends by majority of consumer electronics manufacturers
have stimulated the demand for thinner wafers in APAC. The region has emerged
as a global focal point for large investments and business expansion
opportunities. Favorable economic conditions and cheap labor costs are the key
factors driving the growth of the semiconductor market in the region. Moreover,
the increasing number of semiconductor fabrication plants and IC manufacturing
firms in countries such as China and Taiwan, owing to the influx of investments
in semiconductor manufacturing, is expected to contribute towards the growth of
the thin wafer market in APAC.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255706993
The report profiles
key players, including Shin-Etsu Chemical Co., Ltd. (Japan), SUMCO Corporation
(Japan), GlobalWafers Co., Ltd. (Taiwan), Siltronic (Germany), SK Siltron
(South Korea), SUSS MicroTec (Germany), LINTEC Corporation (Japan), DISCO
Corporation (Japan), 3M (US), and Applied Materials (US). These companies focus
on adopting both organic and inorganic growth strategies, such as new product
launches, collaborations, agreements, expansions, and mergers and acquisitions
to strengthen their position in the market.
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