Semiconductor Wafer Market Analysis with COVID-19 Impact, and Top Companies 2030

Semiconductor Wafer Market Would Grow Significant with High CAGR by 2030
PORTLAND, Ore. - Nov. 25, 2021 - PRLog -- The global semiconductor wafer market is flourishing at a rapid pace. However, complexities in manufacturing and high initial investment are still a concern for new entrants. Market players are generously investing in R&D activities to develop improved techniques to decrease complications of semiconductor wafer manufacturing. It is essential to optimize affordable prices for semiconductor wafer products for long-term growth.

According to a new report published by Allied Market Research, titled, "Semiconductor Wafer Market by Wafer Size, Technology, Product Type, and End Use: Global Opportunity Analysis and Industry Forecast, 2021–2030," the global semiconductor wafer industry size was valued at $16.87 billion in 2020, and is projected to reach $27.13 billion by 2030, registering a CAGR of 4.8%. Asia-Pacific is expected to be the leading contributor to the global market during the forecast period, followed by North America and Europe.

The growth of the global semiconductor wafer market is anticipated to be driven by factors such as growing usage of semiconductor wafers in power amplifiers for transmitting ultra-high radio frequency, fast electronic switching, and high-speed signals applications. In addition, increase in adoption of smart devices and rise in sales of consumer electronic devices boost the overall market growth. However, volatility in cost of raw materials acts as a major restraint of the global semiconductor wafer industry. On the contrary, surge in usage in automotive, healthcare, and industrial applications is expected to create lucrative opportunities for the semiconductor wafer industry.

Key Benefits for Stakeholders
  • This study comprises analytical depiction of the global semiconductor wafer market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall semiconductor wafer market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current semiconductor wafer market forecast is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
  • Porter's five forces analysis illustrates the potency of the buyers and suppliers of the semiconductor wafer market.
  • The report includes the semiconductor wafer market trends and the revenue share of key vendors.

The key players profiled in the semiconductor wafer market report include Fujitsu Semiconductor Limited, Global Foundries, Global Wafers, micron, Semiconductor Manufacturing International Corporation (SMIC), Shin Etsu, Siltronics, Sumco, Taiwan Semiconductor Manufacturing Company (TSMC) Limited, and United Microelectronics Corporation (UMC). These players have adopted various strategies, such as partnership, expansion, and acquisition, to strengthen their foothold in the semiconductor wafer industry.

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