Bizwit Research & Consulting LLP is a global provider of business intelligence & consulting services. We have a strong primary base of key industry leaders along with the chain of industry analysts to analyze the market trends and its future impact in order to estimates and forecast different business segments and markets. 

Global Silicon Epitaxial Wafer Market to reach USD 4980.6 Million by the end of 2030.

Global Silicon Epitaxial Wafer Market Size study & Forecast, by Type (Polished wafer, Epitaxial wafer, Silicon-On-Insulator, Lapping wafer) by Application (LED, Power Semiconductor, MEMS- Based Devices), by Industry Vertical (Consumer Electronics, Automotive, Healthcare, Industrial, and Others) and Regional Analysis, 2023-2030.

Product Code: EESC-85536436
Publish Date: 19-06-2023
Page: 200

Global Silicon Epitaxial Wafer Market is valued approximately at USD 3124.9 Million in 2022 and is anticipated to grow with a growth rate of more than 6.0% over the forecast period 2023-2030. silicon epitaxial wafer is one of the most essential components in the semiconductor industry. It serves as a building block for creating improved electronic components with better performance capabilities as well as a basic material for microelectronics devices. The Silicon Epitaxial Wafer market is expanding because of factors such as increasing Use of Wafers in Automotive Industry and increasing demand for semiconductors. However, Silicon epitaxial wafers are highly used in navigation control, infotainment systems, collision detection and others in the automotive sector its importance has progressively increased during the last few decades.

According to the Statista, the global automotive manufacturing market was worth about USD 2.86 trillion in 2021. The market is projected to grow to USD 2.95 trillion in 2022. Another important component driving demand for semiconductors. The silicon epitaxial wafer market is an important segment of the global semiconductor industry with a wide range of applications in electronic devices such as microprocessors, memory chips, and sensors. According to Statista in 2022, Worldwide sales of semiconductors totaled 580.13 million USD. Semiconductors are essential parts of modern equipment, and the market is very cutthroat. In 2022, the annual growth rate was 4.4 percent. In addition, growth of smart lighting and increase in popularity of IoT in wafers market would create lucrative market growth opportunities. However, Complexities associated with the design and High Cost of Wafer Manufacturing stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Silicon Epitaxial Wafer Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia pacific dominated the market in 2022 owing to the growth of the consumer electronics sector and rising demand from end-use industries such as chemical, medical devices and solar energy. North America is expected to be the fastest growing region during the forecast period, owing to factors such as rising adoption of microelectronics in this region.

Major market player included in this report are:
Ferrotec Holdings Corporation
Nantong Guosheng Intelligence Technology Group Co. Ltd
Quantum Leap Electronics Co. Ltd
National Institute for Smart Government
Swegan AB
Sumco Corporation
Global Wafers Japan CO. Ltd
Wacker Siltronic Gmbh
II-VI Incorporated

Recent Developments in the Market:
• In August 2022, II-VI Incorporated has announced a collaboration of a multi-year contract to provide 150 mm silicon carbide (SiC) substrates for power electronics to Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY); this would increase Infineon’s supply of cutting-edge electronic components to significant customers around the world.
• In June 2022, Global Wafers Taiwan CO. Ltd. will invest USD 5 Million in a new Texas manufacturing facility that will create and supply 300-millimeter silicon wafers used in semiconductors.
Global Silicon Epitaxial Wafer Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Type, Application, Industry vertical , Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Polished wafer
Epitaxial wafer
Lapping wafer

By Application:
Power Semiconductor
MEMS- Based Devices

By Industry verticals:
Consumer Electronics

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
1.2.1. Silicon Epitaxial Wafer Market, by region, 2020-2030 (USD Million)
1.2.2. Silicon Epitaxial Wafer Market, by Type, 2020-2030 (USD Million)
1.2.3. Silicon Epitaxial Wafer Market, by Application, 2020-2030 (USD Million)
1.2.4. Silicon Epitaxial Wafer Market, by Industry Vertical, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Silicon Epitaxial Wafer Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Silicon Epitaxial Wafer Market Dynamics
3.1. Silicon Epitaxial Wafer Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing Use of Wafers in Automotive Industry Increasing demand for semiconductors
3.1.2. Market Challenges High Cost of Silicon Epitaxial Wafer Complexities associated with the design
3.1.3. Market Opportunities Growth of smart lighting Increase in popularity of IoT in wafers
Chapter 4. Global Silicon Epitaxial Wafer Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Silicon Epitaxial Wafer Market, by Type
5.1. Market Snapshot
5.2. Global Silicon Epitaxial Wafer Market by Type, Performance – Potential Analysis
5.3. Global Silicon Epitaxial Wafer Market Estimates & Forecasts by Type 2020-2030 (USD Million )
5.4. Silicon Epitaxial Wafer Market, Sub Segment Analysis
5.4.1. Polished wafer
5.4.2. Epitaxial wafer
5.4.3. Silicon-On-Insulator
5.4.4. Lapping wafer
Chapter 6. Global Silicon Epitaxial Wafer Market, by Application
6.1. Market Snapshot
6.2. Global Silicon Epitaxial Wafer Market by Application, Performance – Potential Analysis
6.3. Global Silicon Epitaxial Wafer Market Estimates & Forecasts by Application 2020-2030 (USD Million )
6.4. Silicon Epitaxial Wafer Market, Sub Segment Analysis
6.4.1. LED
6.4.2. Power Semiconductor
6.4.3. MEMS- Based Devices
Chapter 7. Global Silicon Epitaxial Wafer Market, by Industry Vertical
7.1. Market Snapshot
7.2. Global Silicon Epitaxial Wafer Market by Industry Vertical, Performance – Potential Analysis
7.3. Global Silicon Epitaxial Wafer Market Estimates & Forecasts by Industry Vertical 2020-2030 (USD Million )
7.4. Silicon Epitaxial Wafer Market, Sub Segment Analysis
7.4.1. Consumer Electronics
7.4.2. Automotive
7.4.3. Healthcare
7.4.4. Industrial
7.4.5. Others
Chapter 8. Global Silicon Epitaxial Wafer Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Silicon Epitaxial Wafer Market, Regional Market Snapshot
8.4. North America Silicon Epitaxial Wafer Market
8.4.1. U.S. Silicon Epitaxial Wafer Market Type breakdown estimates & forecasts, 2020-2030 Application breakdown estimates & forecasts, 2020-2030 Industry Vertical breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Silicon Epitaxial Wafer Market
8.5. Europe Silicon Epitaxial Wafer Market Snapshot
8.5.1. U.K. Silicon Epitaxial Wafer Market
8.5.2. Germany Silicon Epitaxial Wafer Market
8.5.3. France Silicon Epitaxial Wafer Market
8.5.4. Spain Silicon Epitaxial Wafer Market
8.5.5. Italy Silicon Epitaxial Wafer Market
8.5.6. Rest of Europe Silicon Epitaxial Wafer Market
8.6. Asia-Pacific Silicon Epitaxial Wafer Market Snapshot
8.6.1. China Silicon Epitaxial Wafer Market
8.6.2. India Silicon Epitaxial Wafer Market
8.6.3. Japan Silicon Epitaxial Wafer Market
8.6.4. Australia Silicon Epitaxial Wafer Market
8.6.5. South Korea Silicon Epitaxial Wafer Market
8.6.6. Rest of Asia Pacific Silicon Epitaxial Wafer Market
8.7. Latin America Silicon Epitaxial Wafer Market Snapshot
8.7.1. Brazil Silicon Epitaxial Wafer Market
8.7.2. Mexico Silicon Epitaxial Wafer Market
8.8. Middle East & Africa Silicon Epitaxial Wafer Market
8.8.1. Saudi Arabia Silicon Epitaxial Wafer Market
8.8.2. South Africa Silicon Epitaxial Wafer Market
8.8.3. Rest of Middle East & Africa Silicon Epitaxial Wafer Market

Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. Ferrotec Holdings Corporation Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
9.3.2. Nantong Guosheng Intelligence Technology Group Co. Ltd
9.3.3. Quantum Leap Electronics Co. Ltd
9.3.4. Poshing
9.3.5. National Institute for Smart Government
9.3.6. Swegan AB
9.3.7. Sumco Corporation
9.3.8. Global Wafers Japan CO. Ltd
9.3.9. Wacker Siltronic Gmbh
9.3.10. II-VI Incorporated
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
We are dedicated to clearly communicating the purpose and objectives of each research project in the final deliverables. Our process begins by identifying the specific problem or challenge our client wishes to address, and from there, we establish precise research questions that need to be answered. To gain a comprehensive understanding of the subject matter and identify the most relevant trends and best practices, we conduct an extensive review of existing literature, industry reports, case studies, and pertinent academic research.
Critical elements of methodology employed for all our studies include:
Data Collection:
To determine the appropriate methods of data collection based on the research objectives, we consider both primary and secondary sources. Primary data collection involves gathering information directly from various industry experts in core and related fields, original equipment manufacturers (OEMs), vendors, suppliers, technology developers, alliances, and organizations. These sources encompass all segments of the value chain within the specific industry. Through in-depth interviews, we engage with key industry participants, subject-matter experts, C-level executives of major market players, industry consultants, and other relevant experts. This allows us to obtain and validate critical qualitative and quantitative information while evaluating market prospects. AI and Big Data are instrumental in our primary research, providing us with powerful tools to collect, analyze, and derive insights from data efficiently. These technologies contribute to the advancement of research methodologies, enabling us to make data-driven decisions and uncover valuable findings.
In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
After conducting the research, our experts analyze the findings in relation to the research objectives and the specific needs of the client. They generate valuable insights and recommendations that directly address the client’s business challenges. These insights are carefully connected to the research findings to provide a comprehensive understanding.
Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

Need Assistance

Contact Person -
Krishant Mennon
Call us @
+ 91 99931 15879
Email: sales@bizwitresearch.com


Why Choose Us?

Quality over Quantity

Backed by 60+ paid data sources our reports deliver crisp insights with no compromise quality.

Analyst Support

24x7 Chat Support plus
free analyst hours with every purchase

Flawless Methodology

Our 360-degree approach of market study, our research methods leave stones unturned.
Enquiry Now