Epitaxial Plates Market Size to Grow at a CAGR of 11.60% During 2022-2027 – Imarc Group

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The global epitaxial wafer market reached a value of US$2.81 billion in 2021. IMARC Group expects the market to reach a value of US$5.49 billion by 2027.

SHERIDAN, WYOMING, USA, April 13, 2022 /EINPresswire.com/ — The epitaxial wafer, also called epi wafer, represents a layer of epitaxial silicon single crystal deposited on a single crystal silicon wafer. It helps control doping profiles that are not achievable by traditional methods, including diffusion and ion implantation. The epitaxial wafer is widely used in diode and transistor elements and integrated circuit (IC) substrates, such as bipolar and metal oxide semiconductor (MOS). Besides that, it also finds many applications in smartphones, gyroscopes, laptops, tablets, game consoles, etc. across the world.

Report metric
History: 2016-2021
Base year: 2021
Forecast year: 2022-2027

the the global market for epitaxial wafers reached a value of US$2.81 billion in 2021. Looking ahead, IMARC Group expects the market to reach a value of US$5.49 billion by 2027, showing a CAGR of 11.60 % in 2022-2027.

Epitaxial Plates Market Trends and Drivers:

Growing consumer awareness of green technologies and increasing attention to reducing electricity consumption are mainly driving the epitaxial wafer market. Additionally, the initiation of various favorable policies by government bodies to promote the adoption of light emitting diodes (LEDs) is further catalyzing the growth of the market.

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In addition, the growing demand for epitaxial wafers in consumer electronics that enable greater mobility of electrons and micro-electromechanical systems (MEMS) devices acts as another important growth driver.

Additionally, the increasing use of cob wafers in the automotive industry to track and control temperature, pressure, flow, level, etc. through robots is also positively influencing the global market. Apart from this, the growing popularity of electric vehicles (EVs) and self-driving trucks is expected to fuel the epitaxial wafer market over the forecast period.

Note: We regularly track the direct effect of COVID-19 on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report.

2022-2027 Global Epitaxial Wafers Market Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the major players operating in the market.

Electronics And Materials Corporation Limited, Epistar Corporation, GlobalWafers (Sino-American Silicon), II-VI Incorporated, IntelliEPI, IQE PLC, Jenoptic AG, Nichia Corporation, Showa Denko KK, Silicon Valley Microelectronics Inc., Siltronic AG (Wacker Chemie AG) and Sumco Corporation.

The report has segmented the market based on region, type, wafer size, application, and industry vertical.

Breakdown by type:
• Heteroepitaxy
• Homoepitaxy

Breakdown by insert size:
• 2-4 inches
• 5-8 inches
• 9-12 inches
• Others

Breakdown by application:
• LEDs
• Power semiconductor
• MEMS-based devices
• Others

Breakdown by vertical industry:
• Consumer electronics
• Automotive
• Health care
• Industrial
• Others

Breakdown by region:
• North America: (United States, Canada)
• Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, others)
• Middle East and Africa

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Main highlights of the report:
• Market performance (2016-2021)
• Market Outlook (2022-2027)
• Porter’s five forces analysis
• Market drivers and success factors
• SWOT analysis
• Value chain
• Complete mapping of the competitive landscape

If you need specific information that is not currently covered in the report, we can provide it to you as part of the customization.

About Us:

The IMARC Group is a leading market research firm providing management strategies and market research worldwide. We partner with clients across all industries and geographies to identify their most important opportunities, address their most critical challenges and transform their businesses.

IMARC’s information products include major business, scientific, economic and technological developments for business leaders in pharmaceutical, industrial and high-tech organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverages, travel and tourism, nanotechnology and new processing methods are at the top of the list. company expertise.

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