Silicon Wafer Market to Reach $25.9 billion, Globally, by 2032 at 5.42% CAGR: Allied Market Research
WILMINGTON, Del., Feb. 8, 2024 /PRNewswire/ -- Allied Market Research published a report, titled, "Silicon Wafer Market by Wafer Size (1 to 100mm, 100mm to 300mm, and above 300mm), Type (P type, N type), and End User (Consumer Electronics, Automotive, Industrial, Telecommunication and Others). According to the report, the global silicon wafer market was valued at $15.3 billion in 2022 and is estimated to reach $25.9 billion by 2032, exhibiting a CAGR of 5.42% from 2023 to 2032.
- Large-scale industrial disruptions in Europe and a halt to the export of Chinese parts are two of its main effects, both of which could hurt the semiconductor wafer market.
- The 100mm to 300mm wafer size segment of the silicon wafer market encompasses the more chips production per wafer, the cost per chip decreases.
- The Asia-Pacific semiconductor silicon wafer market is anticipated to have strong growth.
- In February 2023, GlobalWafers Co., one of the global leading silicon wafer suppliers, added around 20,000 advanced 12-inch wafers each month from local fabs.