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Thin Wafers Market to Reach US$ 21.65 Bn by 2031; Growing Adoption of Ultra-thin Silicon Wafers to Propel Sales: TMR Study

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News provided by

Transparency Market Research

05 Jan, 2022, 14:30 GMT

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- Application of glass wafers in micro-electromechanical systems (MEMS) to drive revenue gains; thin wafers gathering traction in fabrication of optical semiconductor devices

- North America a potentially lucrative thin wafer market; growing use of nanotechnology for semiconductor thin film design optimization to open new revenue streams

ALBANY, N.Y., Jan. 5, 2022 /PRNewswire/ -- Thin wafers are gaining adoption as a flexible substrate for the production of ultra-thin semiconductors that are used in multiple electronics end-use applications. They are extensively used in a range of power devices and CMOS image sensors that find application in IT & telecom, automotive, and consumer electronics. The adoption of thin wafers notably 100um-200um wafers in telecom applications has been generating sizable revenue streams for players in the thin wafers market.

Advancements in nanotechnologies have enabled end users to incorporate them in various micro electro mechanical systems (MEMS) designs in order to cater to high-performance flexible electronics. A case in point is the use of ultra-thin chips in next-gen telecom & IoT products that require ultra-low loss radio frequency (RF) specifications.

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The global thin wafers market is projected to reach valuation of US$ 21.65 Bn by 2031. Stakeholders are witnessing substantial avenues in the demand for glass wafers in engineering of displays and display glass inspection systems. The adoption is underpinned by a few unique advantages such as better warp management, optimization of processes, and reduced electric loss.

North America is projected to contribute substantial revenue to the global thin wafers market over the next few years. The growth is likely to be fueled by rise in production of semiconductor wafers in the region.

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Key Findings of Thin Wafers Market Study

  • Growing Uptake of Ultra-Thin Semiconductors in Automotive Industry to Steer Market Growth: Micro-electro-mechanical systems are widely used in various automotive applications, such as in accelerometers, gyroscopes, and tire pressure monitoring systems. The growing trend of incorporation of electronics for safety features is bolstering the applications of semiconductor wafers in automotive chips. This has been propelling the demand for semiconductor wafer manufacturing for fabrication of MEMS devices. Evidently, the opportunities are vast in electric vehicles, pivoted on the growing production and adoption of these in developed and developing regions of the world.
  • Numerous Applications of Optical Semiconductor Devices in IT & Telecommunications & Consumer Electronics: The demand for optical semiconductor devices in telecommunications and consumer electronics is anticipated to offer incremental opportunities to thin wafer suppliers. Optical semiconductor devices are subject to a variety of process control and qualification tests with the help of wafer inspection technologies that eventually lead to the production of high-quality electronics. The need for next-gen optical semiconductor devices in IT & telecom sector, including light-emitting diodes and photodiodes, is expected to generate sizable revenue streams, notes the study on the thin wafers market. Furthermore, the adoption of new technologies notably ultrasonic cleaning of thin wafers in semiconductor manufacturing industry is propelling the prospects of the market.
  • Ultra-thin Wafers to Lead to Cost Reduction of Solar Cells: Thin wafers are underpinning the optimization of innovative semiconductor thin film designs. Of note, ultra-thinned silicon wafers are gaining attention across the solar energy industry, as their application holds potential in the fabrication of low-cost solar cells. Additionally, the use of thin film nanotechnologies in thin wafers has led to improvements in the light management in solar cells, such as in increased absorption and retention of sunlight. For instance, nanophotonic structures are being pursued by solar industry players for fabricating ultra-thin crystalline silicon solar cells, thus underpinning substantial growth opportunities for players in the thin wafers market.

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Thin Wafers Market: Key Drivers

  • Growing trend of miniaturization of optoelectronic systems to meet the requirements of wireless systems and MEMS is a key pivot for R&D in thinning of wafers. The trend has spurred the growth prospects of the thin wafers market. A case in point is the use of miniaturized optoelectronic systems for wireless optogenetics.
  • Rapid pace of commercialization of electric vehicles and plug-in hybrid vehicles in several developing and developed economies has spurred interest in thin wafer technologies. The demand is a key underpinning for substantial opportunities for semiconductor wafer manufacturers.

Thin Wafers Market: Key Players

Some of the key players in the thin wafers market are SOITEC, Hangzhou Semiconductor Wafer Co., Ltd., Okmrtic, Shin-Etsu Chemical Co., Ltd., GlobalWafers Co., Ltd., SK siltron Co.,Ltd, Siltronic AG, and SUMCO Corporation.

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Global Thin Wafers Market: Segmentation

Thin Wafers Market, by Thickness

  • Below 10 um
  • 10 um - 29 um
  • 30 um - 49 um
  • 50 um- 99 um
  • 100 um - 200 um
  • Above 200 um

Thin Wafers Market, by Wafer Size

  • Below 100 mm
  • 100 mm
  • 125 mm
  • 150 mm
  • 200 mm
  • 300 mm

Thin Wafers Market, by Material

  • Silicon (Si)
  • Gallium Arsenide (GaAs)
  • Gallium Nitride (GaN)
  • Silicon Carbide (SiC)
  • Others (Indium, etc.)

Thin Wafers Market, by Application

  • MEMS
  • CMOS
  • Memory
  • Image Sensor
  • Light Emitting Diode
  • Interposer
  • Others (Radio Frequency Devices, Logic, etc.)

Thin Wafers Market, by End-use Industry

  • Consumer Electronics
  • Automotive
  • Healthcare
  • IT and Telecom
  • Aerospace and Defense
  • Others (Energy, Industrial, etc.,)

Thin Wafers Market, by Region

  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)
  • South America

Browse Latest Electronics and Semiconductors Market Research Reports by TMR:

  • Clamp-on Ultrasonic Flowmeter Market - Clamp-on ultrasonic flowmeters are extensively used in a range of applications including custody flow and process flow. A clamp-on ultrasonic flowmeter is used to verify the efficacy of various other flowmeters and temporary measurement. The demand for clamp-on ultrasonic flowmeters is on the rise, owing to their minimal maintenance, long service life, and ease of integration with new technologies. However, some factors that could hamper the adoption of clamp-on ultrasonic flowmeters in the upcoming decade include non-compatibility with non-conductive liquids.
  • Collision Avoidance Sensor Market - Drones with obstacle detection and collision avoidance sensors are becoming increasingly commonplace in consumer and professional sectors. Since the collision avoidance sensor market is highly fragmented with five leading industry players accounting for ~25% of the market stake, startups are increasing their efforts to develop drones with multiple direction obstacle avoidance sensors. For instance, DJI-a supplier of easy-to-fly drones and aerial photography systems, has gained expertise in the development of drones with multiple direction obstacle detection and collision avoidance technology.
  • Vibration Sensor Market - Technological innovation is the key behind the growth of most industries. Among the various technologies, sensor technology has gained huge attention from manufacturers in the last few years. Increased adoption of this technology has benefitted manufacturers in expanding their production at a reduced cost. One such device is the vibration sensors, which helps in detecting abnormal vibration in industrial machines at that earliest, and thus, results in minimizing machine failure.

About Transparency Market Research

Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyse information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

For More Research Insights on Leading Industries, Visit our YouTube channel - https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ

Contact

Mr Rohit Bhisey 
Transparency Market Research
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