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 (2018-2028); 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 2023-2028 to reach nearly USD 7.8 billion by 2026.

 

Global Epitaxial Wafer Market

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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.

 

Global Epitaxial Wafer Market by Segment

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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.

 

Global Epitaxial Wafer Market by Region

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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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Epitaxial Wafer Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Epitaxial Wafer Historical Market (2018-2022) 
    8.3    Global Epitaxial Wafer Market Forecast (2023-2028)
    8.4    Global Epitaxial Wafer Market by Type
        8.4.1    Heteroepitaxy
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Homoepitaxy
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
    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 (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    5-8 Inch
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    9-12 Inch
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Power Semiconductor
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022)
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    MEMS Based Devices
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022)
            8.6.3.3    Forecast Trend (2023-2028)
        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 (2018-2022)
            8.7.1.3    Forecast Trend (2023-2028)
        8.7.2    Automotive
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2018-2022)
            8.7.2.3    Forecast Trend (2023-2028)
        8.7.3    Healthcare
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2018-2022)
            8.7.3.3    Forecast Trend (2023-2028)
        8.7.4    Industrial
            8.7.4.1    Market Share
            8.7.4.2    Historical Trend (2018-2022)
            8.7.4.3    Forecast Trend (2023-2028)
        8.7.5    Others    
    8.8    Global Epitaxial Wafer Market by Region
        8.8.1    North America
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2018-2022) 
            8.8.1.3    Forecast Trend (2023-2028)
        8.8.2    Europe
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2018-2022) 
            8.8.2.3    Forecast Trend (2023-2028)
        8.8.3    Asia Pacific
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2018-2022)
            8.8.3.3    Forecast Trend (2023-2028)
        8.8.4    Latin America
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2018-2022) 
            8.8.4.3    Forecast Trend (2023-2028)
        8.8.5    Middle East and Africa
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2018-2022) 
            8.8.5.3    Forecast Trend (2023-2028)
9    North America Epitaxial Wafer Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Epitaxial Wafer Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Epitaxial Wafer Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Epitaxial Wafer Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Epitaxial Wafer Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Nichia Corporation
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    SUMCO Corporation
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Soitec Belgium N.V.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Siltronic AG
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Wafer World Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Epitaxial Wafer Market: Key Industry Highlights, 2018 and 2028
2.    Global Epitaxial Wafer Historical Market: Breakup by Type (USD Billion), 2018-2022
3.    Global Epitaxial Wafer Market Forecast: Breakup by Type (USD Billion), 2023-2028
4.    Global Epitaxial Wafer Historical Market: Breakup by Wafer Size (USD Billion), 2018-2022
5.    Global Epitaxial Wafer Market Forecast: Breakup by Wafer Size (USD Billion), 2023-2028
6.    Global Epitaxial Wafer Historical Market: Breakup by Application (USD Billion), 2018-2022
7.    Global Epitaxial Wafer Market Forecast: Breakup by Application (USD Billion), 2023-2028
8.    Global Epitaxial Wafer Historical Market: Breakup by Industry Vertical (USD Billion), 2018-2022
9.    Global Epitaxial Wafer Market Forecast: Breakup by Industry Vertical (USD Billion), 2023-2028
10.    Global Epitaxial Wafer Historical Market: Breakup by Region (USD Billion), 2018-2022
11.    Global Epitaxial Wafer Market Forecast: Breakup by Region (USD Billion), 2023-2028
12.    North America Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2018-2022
13.    North America Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2023-2028
14.    Europe Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2018-2022
15.    Europe Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2023-2028
16.    Asia Pacific Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2018-2022
17.    Asia Pacific Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2023-2028
18.    Latin America Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2018-2022
19.    Latin America Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2023-2028
20.    Middle East and Africa Epitaxial Wafer Historical Market: Breakup by Country (USD Billion), 2018-2022
21.    Middle East and Africa Epitaxial Wafer Market Forecast: Breakup by Country (USD Billion), 2023-2028
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 2023-2028.

The market is estimated to witness a healthy growth in the forecast period of 2023-2028 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 2023-2028 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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