LED Semiconductor to Register Highest Growth in Asia Pacific Epiwafer Market During Forecast Period
Increasing use of LED
lighting is expected to drive the growth of Asia Pacific epiwafer market
through 2024
According to
TechSci Research report, “Asia Pacific Epiwafer Market By Type, By Deposition
Type, By Size, By Shape of Wafer, By Application, By End User Industry,
Competition, Forecast & Opportunities, 2024”, the Asia-Pacific epiwafer market
is expected to grow at a formidable rate during the forecast period on account
of the higher device sensitivity and the performance of epiwafer. However, design
complexities associated with epiwafer can hamper the market growth during
forecast period.
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The Asia-Pacific epiwafer market
is segmented based on type, deposition type, size, shape of wafer, application,
end user industry, company and country. Based on size, the market can be
categorized into 50-100mm, 100-150mm and above 150mm. The above 150mm wafer
size is expected to dominate the market since larger size of wafer produces
more number ICs from single wafer, thereby increasing efficiency and
productivity. Based on application, the market can be grouped into LED
semiconductor, power semiconductor and others. The LED semiconductor segment is
expected to register the highest growth during forecast period attributable to
growing popularity of LED lights among consumers owing to their high energy
efficiency.
Tokyo Electron Limited, Nichia
Corporation, Hitachi Kokusai Electric Inc., Global Wafers Japan Co. Ltd., Showa
Denko K. K., Siltronic AG, Electronics and Materials Corporation Ltd, Jenoptik
AG, MOSPEC Semiconductor Corporation, Wafer Works Corp. and others are some of the
leading players operating in Asia-Pacific epiwafer market. The companies operating
in the market are using organic strategies such as product launches, mergers
and collaborations to boost their share.
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“Asia-Pacific epiwafer
market is expected to witness significant growth during the forecast period,
owing to the booming electronic industry in the region especially in India and
China. This has led to increasing demand for semiconductors for manufacturing
electronic products. Additionally, rising popularity of advanced electronic equipments
and devices like high end laptops, gaming consoles and other smart gadgets are
further expected to propel the market through 2024.” said Mr. Karan Chechi,
Research Director with TechSci Research, a research based global management
consulting firm.
“Asia Pacific Epiwafer Market By Type, By
Deposition Type, By Size, By Shape of Wafer, By Application, By End User
Industry, Competition, Forecast & Opportunities, 2024” has evaluated the future growth potential of Asia-Pacific
epiwafer market and provides statistics & information on market size,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges and opportunities in Asia-Pacific epiwafer market.
Contact
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