SEMICONDUCTOR SILICON WAFER MARKET

 Over the forecast period, the Semiconductor Silicon Wafer Market is anticipated to post a CAGR of 6.5%. Since semiconductors are quickly becoming the foundation of all modern technology, developments and breakthroughs in this area have a direct impact on all downstream technologies. The foundation of the electronics industry is the semiconductor silicon wafer, which continues to be a key component of many microelectronic devices. Since electronic mobility and digitization are the two current trends dominating the technological scene, many different gadgets are using these items. Additionally, the requirement for more features from a single device has grown as a result of the demand for small-sized gadgets. As a result, an IC chip needs to have more transistors in order to offer more functions.

With semiconductor technology evolving as the foundation of all modern technologies, the semiconductor industry has been a primary force behind the critical advances in important industries like electronics, autos, and automation. All downstream technologies are being immediately impacted by the developments and improvements in this field.

In particular silicon wafer-based enhanced packaging techniques, foundries are investing more and more. The development of monolithic three-dimensional integrated circuits using two-dimensional materials rather than silicon is one method being investigated by foundry vendors to increase transistor density. For instance, the chip on wafer on substrate (COWS) technology from TSMC created the largest silicon interposer in the world, measuring around 2500mm2. It has space for two enormous 600mm2 processors as well as eight HBM memory devices in a 75mm2 package.

In its "US Consumer Technology Sales and Forecast" study, the Consumer Technology Association (CTA) forecasts that sales of 5G-enabled smartphones will surpass 2.1 million units and transcend USD 1.9 billion by 2021, with triple-digit growth. Apple pledged 2.4 million employment over the next five years and stated that it will contribute USD 350 billion to the US economy by 2023. This amount will come from both new investments and existing expenditure with domestic companies for production and supplies. The business is well-known in the consumer electronics sector. Consequently, it is anticipated that the news will increase demand for semiconductor silicon wafers. ​

By 2021, North America is anticipated to contribute significantly to the market's revenue because fabless semiconductor businesses are the region's most important buyers of semiconductor foundries and wafer producers. Fabless businesses produce only chip designs and sell them without a fabrication facility. ​

AMD, Broadcom, Apple, Qualcomm, Marvell, NVIDIA, and Xilinx are the principal fabless firms in the area. In the design and production of advanced semiconductor systems, North America has played a vital role. The establishment of semiconductor wafer foundries has been increasing in the area. Building a 12-inch wafer factory to produce semiconductors utilizing the cutting-edge 5 nm technique will cost TSMC a total of USD 12 billion between 2021 and 2029. Additionally, even after Joe Biden defected from Donald Trump, who pushed foreign corporations to invest and create employment in America, IT supply chains would continue to change. ​

The region's electronics industry has been expanding gradually, and it is heavily represented in a number of businesses engaged in design and fabless manufacturing. The US Census Bureau estimates that the industrial revenue for semiconductors and other electronic components in the US was USD 100.08 billion in 2019 and is projected to increase to USD 105.16 billion by 2023. One of the biggest consumers of semiconductors in the consumer electronics industry is the smartphone. Sales of smartphones have increased steadily in the area in recent years.

Major Players: Shin-Etsu Handotai, Siltronic AG, SUMCO Corporation, SK Siltron Co. Ltd, Globalwafers Co. Ltd.

To Get The Market Report Click Here: SEMICONDUCTOR SILICON WAFER MARKET

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