According to a new report, published by KBV research, The Global Silicon Wafer Market size is expected to reach $22.1 billion by 2030, rising at a market growth of 5.3% CAGR during the forecast period.
The P Type segment is experiencing a CAGR of 5.7% during (2023 - 2030). P-type silicon wafers are a fundamental component in CMOS technology, which is widely used in the fabrication of integrated circuits (Ics). The continuous demand for advanced Ics in consumer electronics, computers, and communication devices drives the growth of the P-type silicon wafer market. CMOS technology allows the integration of P-type and N-type transistors on the same chip, enhancing device functionality. P-type silicon wafers are employed in the manufacturing of microprocessors and memory chips. P-type silicon wafers produce analog components and power devices, including power diodes and bipolar junction transistors (BJTs).
The Telecommunication segment is leading the Global Silicon Wafer Market by Application in 2022 thereby, achieving a market value of $6.3 billion by 2030. The telecommunications segment heavily relies on semiconductor devices, including those made from silicon wafers, to produce integrated circuits, processors, and other electronic components used in communication equipment. As telecommunication networks are upgraded to support higher data speeds and increased capacity, the demand for more advanced semiconductor components manufactured using silicon wafers will likely rise.
The 1 to 100 mm segment is experiencing a CAGR of 5.7% during (2023 - 2030). Silicon wafers in the 1 to 100 mm range are commonly used to produce ICs for electronics. Silicon wafers within this size range are essential to produce microelectronics and contribute to advancements in nanotechnology, enabling the creation of smaller and more efficient electronic components. Silicon wafers in this range are utilized to produce MEMS devices, which combine mechanical and electrical components on a small scale for various applications, including sensors and actuators.
Full Report: https://www.kbvresearch.com/silicon-wafer-market/
The Asia Pacific region dominated the Global Silicon Wafer Market by Region in 2022 thereby, achieving a market value of $8 billion by 2030, growing at a CAGR of 5.7 % during the forecast period. The North America is experiencing a CAGR of 4.6% during (2023 - 2030). Additionally, The Europe would witness a CAGR of 4.8% during (2023 - 2030).
By Type
By Application
By Wafer Size
By Geography