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Global Thin Wafer Market for Application in LEDs Expected to Grow at Highest CAGR between 2019-2022

thin wafer market


The Thin Wafer Market was valued at 6.76 Billion in 2015, and is projected to reach USD 9.17 Billion by 2022, at a CAGR of 3.7% between 2016 and 2022. The increasing demand for semiconductor devices in varied industry verticals such as automotive, consumer electronics, and telecommunication, among others, serves to be one of the most significant factor propelling the growth of the thin wafer market. Thin wafers have applications in LEDs, MEMS, CIS, power devices, RF devices, memory, and other semiconductor devices. In addition to this, the growing IC industry and high adoption of portable devices are creating opportunities for thin wafers worldwide.
This report provides valuable insights regarding the ecosystem of this market, such as product manufacturers and suppliers, OEMs, system integrators, suppliers and distributors, electronic device manufacturers, and semiconductor device manufacturers. This study answers several questions for stakeholders, primarily which focus on prioritizing efforts and investments in this market, in the next two to six years.

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Key players operating in this market are LG Siltronic, Inc. (South Korea), Shin-Etsu Chemical Co., (Japan), Siltronic AG (Germany), SUMCO Corporation (Japan), SunEdision Semiconductor Ltd. (U.S.), SUSS MicroTec AG (Germany), Lintec Corporation (Japan), DISCO Corporation (Japan), 3M (U.S.), Applied Materials, Inc. (U.S.), Nissan Chemical Corporation (Japan), Synova (Switzerland), EV Group (U.S.), Brewer Science, Inc. (U.S.), and Ulvac GmbH (Germany).
The 300mm wafer segment is the fastest-growing segment in the thin wafer market. The 300mm wafer offers the ability to manufacture a large number of devices in a single batch. This is one of the prime reasons companies are developing their semiconductor devices by using this wafer. For instance, in 2011, Infineon Technologies (Germany) started developing power semiconductor devices by utilizing this wafer.
One of the key restraining factors in the thin wafer market is efficiency maintenance. A thin wafer has a low absorption capacity for a long wavelength, especially if the thickness is below 50μm. This inability to absorb long wavelengths impacts its efficiency. Moreover, delays in supply of thin wafers due to manufacturing defects can cause additional losses in the form of order cancellations and shift in customer preference. Key players in this market are focused on mergers & acquisitions and new product launches to increase their revenue.
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