High Resistivity Silicon Wafers Market: Overview
The high resistivity silicon wafers market is estimated to observe stable growth during the forecast period of 2020-2030. The rising demand for consumer electronics across the globe and the growing usage of smartphones among a substantial chunk of the populace is expected to bring tremendous growth opportunities for the high resistivity silicon wafers market.
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A silicon wafer is a fine slice of crystal semiconductor. Many types of silicon wafers are available for different applications. High resistivity silicon wafers are one of them. As the name suggests, these wafers offer high resistivity.
Single side polished wafers, double side polished wafers, silicon on insulator wafers, and others are some prominent types of high resistivity silicon wafers. On the basis of production technology, the high resistivity silicon wafers market can be classified into ultra-low Oi A-MCz, standard Cz, FZ, MCz, and others. Consumer electronics, healthcare, power electronics, security systems, telecommunications, etc., are major end-user industries of the high resistivity silicon wafers market.
The need for Infrared applications is growing at a rapid rate due to security concerns in places like hospitals, hotels, airports, offices, etc. This factor will churn considerable growth opportunities for the high resistivity silicon wafers market. Furthermore, the massive development of consumer electronics with infrared detectors and sensors for convenient device functioning will also invite considerable growth for the high resistivity silicon wafers market as they are a prime component of IR detectors.
TMR Research’s report has covered almost every growth factor related to the high resistivity silicon wafers market. The current trends, regional insights, competitive dimensions, and the COVID-19 impact have been included in the report with precise details. The experts at TMR Research have analyzed numerous growth parameters in an accurate way. This advantage will help the stakeholders to strategize their next move and make risk-free decisions.
High Resistivity Silicon Wafers Market: Competitive Insights
The high resistivity silicon wafers market has numerous manufacturers in direct competition for acquiring a significant position among other players. The players invest expansively in research and development activities to develop new formulations and discover insights that help upgrade the quality and performance of the wafers.
Strategic collaborations also have a crucial role in the growth of the high resistivity silicon wafers market. The players can expand their presence across various regions and strengthen their influence with the help of these collaborations. Thus, these factors assist in boosting the growth rate of the high resistivity silicon wafers market.
Some key players in the high resistivity silicon wafers market are Shin-Etsu Chemical Co., Ltd., Wafer Works Corporation, GlobalWafers Co., Ltd. (Topsil), and Sumco Corporation.
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High Resistivity Silicon Wafers Market: Key Trends and Recent Developments
The advent of the latest technologies in the telecommunication sector, such as 4G and 5G, is accelerating the growth prospects of the high resistivity silicon wafers market. The players in the high resistivity silicon wafers market are partnering with telecom giants for supplying piezoelectric-on-insulator (POI) engineered substrates for 4G and 5G RF filters. Such aspects bring promising growth for the high resistivity silicon wafers market.
Some major developments across the high resistivity silicon wafers market are as follows:
- Global Foundries and Global Wafers Co. Ltd recently partnered to add 300mm silicon-on-insulator wafer manufacturing and expand current 200mm silicon-on-wafer production in Missouri.
- STMicroelectronics has brought a majority stake in Norstel, a Swedish silicon-carbide wafer manufacturer, for meeting customer demand.
High Resistivity Silicon Wafers Market: Regional Aspects
Asia Pacifics high resistivity silicon wafers market is estimated to expand at a high CAGR between 2020 and 2030 owing to the rising industrialization in the region and emergence as a manufacturing hub for high resistivity silicon wafers. North America’s high resistivity silicon wafers market is also expected to grow at a moderate rate due to the increased adoption of high resistivity silicon wafers in consumer electronics.
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