Epi Wafer Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

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Epi Wafer Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2020 - 2030

Status : March, 2023 | Semiconductor & Electronics

Report Digest

Global Epi Wafer Market: Overview

An epitaxial (EPI) wafer refers to a wafer of a semiconductive surface created for the usage in  photonics, photovoltaic, and microelectronics by means of epitaxial growth. It refers to a process that is employed to lay or generate a single crystalline layer or film across the surface or substratum of a crystalline semiconductor. In the case of crystal-based half-conductor substrates the deposited material must have a clear adaption. The global epi wafer market is likely to be influenced by two important factors. Growing demand for energy efficient LED lights and e pitaxial deposition increases performance of the system are likely to work in favor of the market. However, epitaxial film surface inspection is likely to act as a stumbling block for this market in the near future. In the next few years, the advent of 3D NAND memory chips is likely to open up new prospects for this industry.

The report on the "global Epi Wafer market" includes key market segments such as material, wafer size, application, and regional markets. It also assesses the ongoing competitiveness of the global Epi Wafer market and in the years ahead.

Global Epi Wafer Market: Key Trends

Epi wafers are widely used to improve the accuracy and performance of consumer electronic products like smart TVs, tablets, smartwatches, and smartphones.  Consumer electrical goods incorporating infrared sensors and detectors to operate gadgets comfortably are being developed as wafer sizes continue to shrink. Businesses have started to use appropriate IR materials in the development of plano-optics to meet the needs of various applications as the demand for IR applications rises. In addition to that, increased security and safety worries in airports, workplaces, hospitals, and hotels amongst all other places, are expected to drive up the demand for IR detectors. Increased demand for these detectors is likely to favor the growth of global Epi Wafer Market in the years to come. As a result, the global Epi wafer market is anticipated to rise over the forecast period due to a rise in the usage of consumer electronic gadgets.

The global Epi wafer market is likely to benefit from the increasing startup culture. In addition to GaAs and GaN, entrepreneurs are developing high-performance optoelectronic devices employing indium arsenide (InAs) and indium phosphide (InP) materials. Microelectronics startup companies are expanding their operations in III-V semiconductors and associated process technologies in order to develop next-generation products. The benefits of III-V semiconductors for telecom network operators have been widely promoted. Micro-imaging devices are being used to investigate possible microelectronics defects.

Global Epi Wafer Market: Competitive Assessment

One of the recent developments in the global epi wafer market is mentioned as below

  • In August 2020, IVWorks Co., Ltd. (IVWorks) and Intelligent Epitaxy Wafer Size, Inc. (IntelliEPI) have established a joint venture in wafer size. This venture also comprises business development for GaN epi materials that are based on molecular beam epitaxy (MBE) wafer size.

Some well-known companies in the global epi wafer market are listed below:

  • Global Wafers Japan Co. Ltd
  • Visual Photonics Epitaxy Co. Ltd.
  • Electronics and Materials Corporation Ltd.
  • Intelligent Epitaxy Technology Inc.
  • Desert Silicon Inc.
  • Nichia Corporation

Global Epi Wafer Market: Regional Assessment

The US is likely to dominate the North America Epi wafer market in the years to come. The country's market is predicted to grow at a moderate pace during the projection period, from 2020 to 2030.  Many technologically high-end wafer manufacturers with their own research and development centers can be found in the US. Due to diverse requirements in various sectors, the demand for epi wafer systems in the US market is steadily increasing. In the next few years, India is anticipated to observe modest expansion in the epi wafer market in the Asia Pacific region.

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The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

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Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

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COVID-19 Impact

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The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?