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Global Epitaxial Wafer Market: By Type: Heteroepitaxy, Homoepitaxy; By Wafer Size: 2-4 Inch, 5-8 Inch, 9-12 Inch; By Application: LED, Power Semiconductor, Others; By Industry Vertical; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments
Global Epitaxial Wafer Market Outlook
The global epitaxial wafer market attained a value of about USD 3.9 billion in 2020. The market is further expected to grow at a CAGR of 12.25% during the forecast period of 2022-2027 to reach nearly USD 7.8 billion by 2026.
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Rising Demand for Consumer Electronics to Augment the Market Growth of Epitaxial Wafer
The growing market for epitaxial wafer can be attributed to the applications of semiconductors in electronic applications across various industry verticals. The increasing market penetration of consumer electronics, such as laptops and smartphones, are increasing the market growth of epitaxial wafer. Owing to rapid industrialisation, innovation in technologies, and inflating disposable incomes, the increasing prevalence of IoT connected devices is augmenting the market demand for power electronics, and hence deployed in the manufacturing process of several semiconductor components. Thus, the deployment of an epitaxial wafer in consumer electronics is providing impetus to market growth.
Epitaxial Wafer: Market Segmentation
An epitaxial wafer, variously called epi wafer, is a wafer of semiconducting material composed by epitaxial growth or epitaxy to be used in photonics, spintronics, microelectronics, or photovoltaics. Epitaxy is the process of depositing thin layers of semiconductor materials onto the surface of a single crystal substrate. Each of these layers is known as an epilayer. Epitaxy is mainly done to enhance the functionality of wafers.
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On the basis of type, the market can be divided into:
- Heteroepitaxy
- Homoepitaxy
Based on wafer size, the market segmentations include:
- 2-4 Inch
- 5-8 Inch
- 9-12 Inch
- Others
The market, on the basis of application, can be divided into:
- LED
- Power Semiconductor
- MEMS Based Devices
- Others
On the basis of industry vertical, the market can be categorised into:
- Consumer Electronics
- Automotive
- Healthcare
- Industrial
- Others
The EMR report looks into the regional markets of epitaxial wafer like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
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Growing Demand for LED lights to Invigorate the Market growth of Epitaxial Wafer
The global market for epitaxial wafer is being driven by the rising market penetration of energy-efficient LED lights. Qualities like low manufacturing cost, enhancing device sensitivity, associated with epitaxial wafer technology is stimulating the market growth. Rising consumer awareness regarding green technology and the increasing focus on reducing the overall consumption of electricity is propelling the adoption of LED lighting infrastructure in major developed and developing nations. Furthermore, government measures, such as awareness programmes and subsidies promoting the adoption of LED lights, is furthering the market growth of epitaxial wafer.
Key Industry Players in the Global Epitaxial Wafer Market
The report presents a detailed analysis of the following key players in the global epitaxial wafer market, looking into their capacity, market share, and latest developments like capacity expansions, plant turnabouts and mergers and acquisitions.
- Nichia Corporation
- SUMCO Corporation
- Soitec Belgium N.V.
- Siltronic AG
- Wafer World Inc.
- Others
The comprehensive report looks at the micro and macro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of the Porter’s Five Forces Model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Wafer Size, Application, Industry Vertical, Region |
| Breakup by Type | Heteroepitaxy, Homoepitaxy |
| Breakup by Wafer Size | 2-4 Inch, 5-8 Inch, 9-12 Inch, Others |
| Breakup by Application | LED, Power Semiconductor, MEMS Based Devices, Others |
| Breakup by Industry Vertical | Consumer Electronics, Automotive, Healthcare, Industrial, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Nichia Corporation, SUMCO Corporation, Soitec Belgium N.V., Siltronic AG, Wafer World Inc., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Epitaxial Wafer Market Analysis
8.1 Key Industry Highlights
8.2 Global Epitaxial Wafer Historical Market (2017-2021)
8.3 Global Epitaxial Wafer Market Forecast (2022-2027)
8.4 Global Epitaxial Wafer Market by Type
8.4.1 Heteroepitaxy
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Homoepitaxy
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.5 Global Epitaxial Wafer Market by Wafer Size
8.5.1 2-4 Inch
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 5-8 Inch
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 9-12 Inch
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Epitaxial Wafer Market by Application
8.6.1 LED
8.6.1.1 Market Share
8.6.1.2 Historical Trend (2017-2021)
8.6.1.3 Forecast Trend (2022-2027)
8.6.2 Power Semiconductor
8.6.2.1 Market Share
8.6.2.2 Historical Trend (2017-2021)
8.6.2.3 Forecast Trend (2022-2027)
8.6.3 MEMS Based Devices
8.6.3.1 Market Share
8.6.3.2 Historical Trend (2017-2021)
8.6.3.3 Forecast Trend (2022-2027)
8.6.4 Others
8.7 Global Epitaxial Wafer Market by Industry Vertical
8.7.1 Consumer Electronics
8.7.1.1 Market Share
8.7.1.2 Historical Trend (2017-2021)
8.7.1.3 Forecast Trend (2022-2027)
8.7.2 Automotive
8.7.2.1 Market Share
8.7.2.2 Historical Trend (2017-2021)
8.7.2.3 Forecast Trend (2022-2027)
8.7.3 Healthcare
8.7.3.1 Market Share
8.7.3.2 Historical Trend (2017-2021)
8.7.3.3 Forecast Trend (2022-2027)
8.7.4 Industrial
8.7.4.1 Market Share
8.7.4.2 Historical Trend (2017-2021)
8.7.4.3 Forecast Trend (2022-2027)
8.7.5 Others
8.8 Global Epitaxial Wafer Market by Region
8.8.1 Market Share
8.8.1.1 North America
8.8.1.2 Europe
8.8.1.3 Asia Pacific
8.8.1.4 Latin America
8.8.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 Nichia Corporation
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 SUMCO Corporation
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Soitec Belgium N.V.
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Siltronic AG
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Wafer World Inc.
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Epitaxial Wafer Market: Key Industry Highlights, 2016 and 2026
2. Global Epitaxial Wafer Historical Market: Breakup by Type (USD Billion), 2017-2021
3. Global Epitaxial Wafer Market Forecast: Breakup by Type (USD Billion), 2022-2027
4. Global Epitaxial Wafer Historical Market: Breakup by Wafer Size (USD Billion), 2017-2021
5. Global Epitaxial Wafer Market Forecast: Breakup by Wafer Size (USD Billion), 2022-2027
6. Global Epitaxial Wafer Historical Market: Breakup by Application (USD Billion), 2017-2021
7. Global Epitaxial Wafer Market Forecast: Breakup by Application (USD Billion), 2022-2027
8. Global Epitaxial Wafer Historical Market: Breakup by Industry Vertical (USD Billion), 2017-2021
9. Global Epitaxial Wafer Market Forecast: Breakup by Industry Vertical (USD Billion), 2022-2027
10. Global Epitaxial Wafer Historical Market: Breakup by Region (USD Billion), 2017-2021
11. Global Epitaxial Wafer Market Forecast: Breakup by Region (USD Billion), 2022-2027
12. North America Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2017-2021
13. North America Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2022-2027
14. Europe Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2017-2021
15. Europe Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2022-2027
16. Asia Pacific Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2017-2021
17. Asia Pacific Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2022-2027
18. Latin America Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2017-2021
19. Latin America Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2022-2027
20. Middle East and Africa Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2017-2021
21. Middle East and Africa Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2022-2027
22. Global Epitaxial Wafer Market Structure
Key Questions Answered in the Report
The global epitaxial wafer market attained a value of nearly USD 3.9 billion in 2020.
The market is projected to grow at a CAGR of 12.25% in the forecast period of 2022-2027.
The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach about USD 7.8 billion by 2026.
The industry is being driven by the rising market penetration of consumer electronics like smartphones and laptops, rapid urbanisation, and increasing disposable incomes.
The market growth for epitaxial wafer is being propelled by the surging demand for LED lights owing to rising consumer awareness regarding green technology and the increasing focus on reducing the overall consumption of electricity.
The major regional markets for epitaxial wafer are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
The major types of epitaxial wafers are heteroepitaxy and homoepitaxy.
The various wafer sizes of epitaxial wafer include 2-4 inch, 5-8 inch, and 9-12 inch, among others.
The different applications of epitaxial wafers are LED, power semiconductor, and MEMS based devices, among others.
The significant industry verticals of epitaxial wafers are consumer electronics, automotive, healthcare, and industrial, among others.
The major players in the industry are Nichia Corporation, SUMCO Corporation, Soitec Belgium N.V., Siltronic AG, and Wafer World Inc., among others.
Analyst Review
The global epitaxial wafer market attained a value of about USD 3.9 billion in 2020, driven by rising market penetration of consumer electronics. Aided by increasing demand for LED lights, the market is expected to grow at a CAGR of 12.25% in the forecast period of 2022-2027 to reach nearly USD 7.8 billion by 2026.
EMR’s meticulous research methodology delves deep into the market covering the macro and micro aspects of the industry. Based on type, the market can be segmented into heteroepitaxy and homoepitaxy. The market, on the basis of wafer size, can be divided into 2-4 inch, 5-8 inch, and 9-12 inch, among others. On the basis of application, the market divisions include LED, power semiconductor, and MEMS based devices, among others. On the basis of industry vertical, the market can be categorised into consumer electronics, automotive, healthcare, and industrial, among others. The major regional markets for epitaxial wafer are North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa. The key players in the industry are Nichia Corporation, SUMCO Corporation, Soitec Belgium N.V., Siltronic AG, and Wafer World Inc., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.
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