The global silicon wafers market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for silicon wafers in solar cells and integrated circuits applications. Silicon wafers are used in solar cells and integrated circuits applications due to their high purity, low cost, and high thermal conductivity properties. The demand for silicon wafers in these applications is expected to increase due to the growing need for renewable energy sources such as solar power generation systems that require silicon-based photovoltaic cells.
The global silicon wafer market by type includes type I (crystalline) and type II (amorphous). Type I has a higher purity than type II which makes it more expensive than type II but also more efficient in terms of performance. Type I is mainly used in semiconductor devices such as integrated circuits whereas type II is mainly used in solar cells because it has lower purity levels but can be produced at a lower cost than crystalline silicon which makes it suitable for mass production purposes such as photovoltaic panels or thin film modules that are required by residential consumers or commercial buildings with large roofs where installation costs are not an issue.
Some Of The Growth Factors Of This Market:
- The demand for silicon wafers is expected to grow as the semiconductor industry continues to expand.
- The growth of the solar power industry will also drive demand for silicon wafers, which are used in photovoltaic cells and modules.
- Silicon wafer production is expected to increase as a result of increased investment in research and development by manufacturers, which will lead to new technologies that require more silicon wafers per unit of production than current technologies do.
- Demand for silicon wafers is also driven by the need for high-quality semiconductors in consumer electronics such as smartphones and tablets, which are becoming increasingly popular worldwide due to their low cost and wide availability on the internet through e-commerce sites like Amazon or eBay.
- Demand from emerging markets such as China, India, Brazil, Russia and South Africa will also contribute significantly to growth in this market over the next five years.
Industry Growth Insights published a new data on “Silicon Wafers Market”. The research report is titled “Silicon Wafers Market research by Types (N-type, P-type), By Applications (Solar Cells, Integrated Circuits, Photoelectric Cells, Others), By Players/Companies Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan), Siltronic AG (Germany), MEMC Electronic Materials Inc. (California), LG Siltron Inc. (South Korea), Advance Semiconductor Inc. (U.S.), SUMCO Corp. (Japan)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Silicon Wafers Market Research Report
By Type
N-type, P-type
By Application
Solar Cells, Integrated Circuits, Photoelectric Cells, Others
By Companies
Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan), Siltronic AG (Germany), MEMC Electronic Materials Inc. (California), LG Siltron Inc. (South Korea), Advance Semiconductor Inc. (U.S.), SUMCO Corp. (Japan)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Silicon Wafers Market Report Segments:
The global Silicon Wafers market is segmented on the basis of:
Types
N-type, P-type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Solar Cells, Integrated Circuits, Photoelectric Cells, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Elkem AS (Norway)
- Addison Engineering (CA)
- Renewable Energy Corporation (Norway)
- Shin-Etsu Handotai Co. Ltd. (Japan)
- Siltronic AG (Germany)
- MEMC Electronic Materials Inc. (California)
- LG Siltron Inc. (South Korea)
- Advance Semiconductor Inc. (U.S.)
- SUMCO Corp. (Japan)
Highlights of The Silicon Wafers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- N-type
- P-type
- By Application:
- Solar Cells
- Integrated Circuits
- Photoelectric Cells
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Silicon Wafers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Silicon Wafers are thin sheets of silicon that are used in electronic devices. Silicon Wafers can be cut into any shape and size, which makes them perfect for use in a variety of electronic devices.
Some of the key players operating in the silicon wafers market are Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan), Siltronic AG (Germany), MEMC Electronic Materials Inc. (California), LG Siltron Inc. (South Korea), Advance Semiconductor Inc. (U.S.), SUMCO Corp. (Japan).
The silicon wafers market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Silicon Wafers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Silicon Wafers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Silicon Wafers Market - Supply Chain
4.5. Global Silicon Wafers Market Forecast
4.5.1. Silicon Wafers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Silicon Wafers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Silicon Wafers Market Absolute $ Opportunity
5. Global Silicon Wafers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Silicon Wafers Market Size and Volume Forecast by Type
5.3.1. N-type
5.3.2. P-type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Silicon Wafers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Silicon Wafers Market Size and Volume Forecast by Application
6.3.1. Solar Cells
6.3.2. Integrated Circuits
6.3.3. Photoelectric Cells
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Silicon Wafers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Silicon Wafers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Silicon Wafers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Silicon Wafers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Silicon Wafers Demand Share Forecast, 2019-2026
9. North America Silicon Wafers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Silicon Wafers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Silicon Wafers Market Size and Volume Forecast by Application
9.4.1. Solar Cells
9.4.2. Integrated Circuits
9.4.3. Photoelectric Cells
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Silicon Wafers Market Size and Volume Forecast by Type
9.7.1. N-type
9.7.2. P-type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Silicon Wafers Demand Share Forecast, 2019-2026
10. Latin America Silicon Wafers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Silicon Wafers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Silicon Wafers Market Size and Volume Forecast by Application
10.4.1. Solar Cells
10.4.2. Integrated Circuits
10.4.3. Photoelectric Cells
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Silicon Wafers Market Size and Volume Forecast by Type
10.7.1. N-type
10.7.2. P-type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Silicon Wafers Demand Share Forecast, 2019-2026
11. Europe Silicon Wafers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Silicon Wafers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Silicon Wafers Market Size and Volume Forecast by Application
11.4.1. Solar Cells
11.4.2. Integrated Circuits
11.4.3. Photoelectric Cells
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Silicon Wafers Market Size and Volume Forecast by Type
11.7.1. N-type
11.7.2. P-type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Silicon Wafers Demand Share, 2019-2026
12. Asia Pacific Silicon Wafers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Silicon Wafers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Silicon Wafers Market Size and Volume Forecast by Application
12.4.1. Solar Cells
12.4.2. Integrated Circuits
12.4.3. Photoelectric Cells
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Silicon Wafers Market Size and Volume Forecast by Type
12.7.1. N-type
12.7.2. P-type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Silicon Wafers Demand Share, 2019-2026
13. Middle East & Africa Silicon Wafers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Silicon Wafers Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Silicon Wafers Market Size and Volume Forecast by Application
13.4.1. Solar Cells
13.4.2. Integrated Circuits
13.4.3. Photoelectric Cells
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Silicon Wafers Market Size and Volume Forecast by Type
13.7.1. N-type
13.7.2. P-type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Silicon Wafers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Silicon Wafers Market: Market Share Analysis
14.2. Silicon Wafers Distributors and Customers
14.3. Silicon Wafers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Elkem AS (Norway)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Addison Engineering (CA)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Renewable Energy Corporation (Norway)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Shin-Etsu Handotai Co. Ltd. (Japan)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Siltronic AG (Germany)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. MEMC Electronic Materials Inc. (California)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LG Siltron Inc. (South Korea)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Advance Semiconductor Inc. (U.S.)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. SUMCO Corp. (Japan)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
