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Asia Pacific Glass Wafers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Application, Packaging, End Use

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    Report

  • May 2021
  • Region: Asia Pacific
  • The Insight Partners
  • ID: 5331760
UP TO OFF until Dec 31st 2024
The glass wafers market in Asia Pacific is expected to grow from US$ 186.83 million in 2020 to US$ 384.27 million by 2028; it is estimated to grow at a CAGR of 9.3% from 2021 to 2028. The exponential growth in the industrial sector, including automotive, medical, and others, has influenced the demand for glass wafers. Asia is one of the leading electrical and electronics manufacturing regions. China is mainly dominating the regional market, followed by other countries such as Japan, Taiwan, Vietnam, Korea, Thailand, Malaysia, and Indonesia. These countries are experiencing rising demand for semiconductors, electronics, and automobiles, among others. Likewise, the automotive sector's growth in the region will also provide lucrative opportunities for the glass wafers market. China has been a dominant region for glass wafers due to its rising electronics and semiconductor industry. According to the Semiconductor Industry Association, Asia Pacific has more than 80% of the world’s semiconductor production capacity. This subsequently increased commercial vehicle manufacturing in the region. The government of China supports the semiconductor industry and focuses on self-sufficiency of chip making, which will increase the demand for glass wafers in the region. Major players in the glass wafer market are highly focusing on innovations. Major companies are investing heavily in the R&D and are continuously striving to expand their presence to gain more operating margin.

Asia Pacific, especially India, witnessed an unprecedented rise in number of COVID-19 cases, which led to the discontinuation of glass wafers manufacturing activities; other glass components manufacturing sector has subsequently impacted the demand for glass wafers during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of glass equipment manufacturing projects, thereby reducing the demand for glass wafers. Similar trend was witnessed in other Asia Pacific countries, i.e., Japan, China, Australia, and South Korea. However, the countries are likely to overcome the drop in demand with the economic activities regaining their pace, especially in the beginning of 2021.

The consumer electronics segment led the glass wafers market based on end use in 2020. In the consumer electronics segment, glass wafer is basically used in sectors such as mobile devices and wearables, augmented reality, imaging and projection, and home and electrical appliances. In the mobile device and wearable sector, glass wafers have been used for the protection of the cover glass for display purposes. Glass wafers acts as a substrate for polymer lenses, cover glasses for image sensors, and is used for protecting the electronics and semiconductors present inside the device as well as protecting the integrated circuit. In imaging and projection glass wafers are used in high-end digital projectors, as well as in TV and imaging display as they offer high transparency, heat resistance, and low thermal expansion. The use of sensors in consumer electronic devices has increased. The number of sensors in mobile devices have increased. It is used in unlocking the phones with facial recognition, augmented reality, and many more. The glass wafers are used to in order to make sensing applications, which include refractive and diffractive optical elements and lightguides.

The overall Asia Pacific glass wafers market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining overview and forecast for the Asia Pacific glass wafers market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic. The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the Asia Pacific glass wafers market. Schott AG, AGC Inc., Corning Incorporated, Plan Optik AG, Bullen, Nippon Electric Glass, Samtec Inc., and Shin-Etsu Chemical Co., Ltd. are among the key players operating in the Asia Pacific glass wafers market.

Reasons to Buy
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific glass wafers market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific glass wafers market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the glass wafers market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Asia Pacific Glass Wafers Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.3 Expert Opinion
5. Glass Wafers Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Rapid Adoption of MEMs Technology
5.1.2 Widescale application of Glass Wafer in Various Industries
5.2 Restraint
5.2.1 High Installation Cost
5.3 Opportunity
5.3.1 Increase in demand from Asia Pacific
5.4 Future Trend
5.4.1 Innovative and Technical Applications for Glass Wafer
5.5 Impact Analysis of Drivers and Restraints
6. Glass Wafers - Asia Pacific Market Analysis
6.1 Glass Wafers Market Overview
6.2 Asia Pacific Glass Wafers Market - Revenue and Forecast to 2027 (US$ Million)
7. Asia Pacific Glass Wafer Market Analysis - By Application
7.1 Overview
7.2 Asia Pacific Glass Wafer Market Breakdown, By Application, 2020 & 2028
7.3 CMOS Image Sensor
7.3.1 Overview
7.3.2 CMOS Image Sensor: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
7.4 Integrated Circuit Packaging
7.4.1 Overview
7.4.2 Integrated Circuit Packaging: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
7.5 LED
7.5.1 Overview
7.5.2 LED: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
7.6 MEMs and RF
7.6.1 Overview
7.6.2 MEMs and RF: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
7.7 Microfluidics
7.7.1 Overview
7.7.2 Microfluidics: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
7.8 FO WLP
7.8.1 Overview
7.8.2 FO WLP: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
7.9 Other Applications
7.9.1 Overview
7.9.2 Other Applications: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8. Asia Pacific Glass wafer Market Analysis - By End Use
8.1 Overview
8.2 Glass Wafer Market Breakdown, By End Use2020 & 2028
8.3 Energy
8.3.1 Overview
8.3.2 Energy: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8.4 IT and Telecommunications
8.4.1 Overview
8.4.2 IT and Telecommunications: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8.5 Consumer Electronics
8.5.1 Overview
8.5.2 Consumer Electronics: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8.6 Aerospace and Defense
8.6.1 Overview
8.6.2 Aerospace and Defense: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8.7 Automotive
8.7.1 Overview
8.7.2 Automotive: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8.8 Healthcare and Biotechnology
8.8.1 Overview
8.8.2 Healthcare and Biotechnology: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
8.9 Other End-Use
8.9.1 Overview
8.9.2 Others End-Use: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
9. Asia Pacific Glass Wafer Market - Country Analysis
9.1 Overview
9.1.1 Asia Pacific: Glass wafer Market, by Key Country
9.1.1.1 Australia: Glass wafer Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Australia: Glass wafer Market, by Application
9.1.1.1.2 Australia: Glass wafer Market, by End Use
9.1.1.2 China: Glass wafer Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 China: Glass wafer Market, by Application
9.1.1.2.2 China: Glass wafer Market, by End Use
9.1.1.3 Japan: Glass wafer Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Japan: Glass wafer Market, by Application
9.1.1.3.2 Japan: Glass wafer Market, by End Use
9.1.1.4 India: Glass wafer Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 India: Glass wafer Market, by Application
9.1.1.4.2 India: Glass wafer Market, by End Use
9.1.1.5 South Korea: Glass wafer Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 South Korea: Glass wafer Market, by Application
9.1.1.5.2 South Korea: Glass wafer Market, by End Use
9.1.1.6 Rest of Asia Pacific: Glass wafer Market - Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Asia Pacific: Glass wafer Market, by Application
9.1.1.6.2 Rest of Asia Pacific: Glass wafer Market, by End Use
10. Overview - Impact of COVID-19 on Asia Pacific Glass Wafers Market
10.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Product News
11.4 Partnership
11.5 Expansion
12. Company Profiles
12.1 SCHOTT AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 AGC Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Corning Incorporated
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Plan Optik AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 BULLEN
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Nippon Electric Glass Co.,Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SAMTEC, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Shin-Etsu Chemical Co., Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
13. Appendix
13.1 About the Publisher
13.2 Glossary of Terms
List of Tables
Table 1. Asia Pacific Glass Wafers Market - Revenue and Forecast to 2027 (US$ Million)
Table 2. Australia Glass Wafers Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 3. Australia Glass Wafers Market, by End-Use - Revenue and Forecast to 2028 (USD Million)
Table 4. China Glass Wafers Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 5. China Glass Wafers Market, by End-Use - Revenue and Forecast to 2028 (USD Million)
Table 6. Japan Glass Wafers Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 7. Japan Glass Wafers Market, by End-Use - Revenue and Forecast to 2028 (USD Million)
Table 8. India Glass Wafers Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 9. India Glass Wafers Market, by End-Use - Revenue and Forecast to 2028 (USD Million)
Table 10. South Korea Glass Wafers Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 11. South Korea Glass Wafers Market, by End-Use - Revenue and Forecast to 2028 (USD Million)
Table 12. Rest of APAC Glass Wafers Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 13. Rest of APAC Glass Wafers Market, by End-Use - Revenue and Forecast to 2028 (USD Million)
Table 14. Glossary of Terms, Glass Wafers Market
List of Figures
Figure 1. Glass Wafers Market Segmentation
Figure 2. Asia Pacific Glass Wafers Market Segmentation - By Country
Figure 3. Asia Pacific Glass Wafers Market Overview
Figure 4. Consumer Electronics Segment Held Largest Share of Asia Pacific Glass Wafers Market
Figure 5. China Held Largest Share of Asia Pacific Glass Wafers Market
Figure 6. Asia Pacific Glass Wafers Market, Key Market Players
Figure 7. APAC: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Asia Pacific Glass Wafer Market Impact Analysis of Drivers and Restraints
Figure 10. Asia Pacific: Glass Wafers Market - Revenue and Forecast to 2027 (US$ Million)
Figure 11. Asia Pacific Glass Wafer Market Breakdown, By Application, 2020 & 2028
Figure 12. CMOS Image Sensor: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Integrated Circuit Packaging: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 14. LED: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 15. MEMs and RF: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Microfluidics: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 17. FO WLP: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Other Applications: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 19. Glass Wafer Market Breakdown, By End Use, 2020 & 2028 (%)
Figure 20. Energy: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 21. IT and Telecommunications: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Consumer Electronics: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Aerospace and Defense: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Automotive: Glass Wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Healthcare and Biotechnology: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Other End-Use: Glass wafer Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Asia Pacific: Glass Wafers Market, by Key Country - Revenue (2020) (USD Million)
Figure 28. Asia Pacific: Glass wafer Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. Australia: Glass wafer Market -Revenue and Forecast to 2028 (US$ Million)
Figure 30. China: Glass wafer Market -Revenue and Forecast to 2028 (US$ Million)
Figure 31. Japan: Glass wafer Market -Revenue and Forecast to 2028 (US$ Million)
Figure 32. India: Glass wafer Market -Revenue and Forecast to 2028 (US$ Million)
Figure 33. South Korea: Glass wafer Market -Revenue and Forecast to 2028 (US$ Million)
Figure 34. Rest of Asia Pacific: Glass wafer Market -Revenue and Forecast to 2028 (US$ Million)
Figure 35. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

Companies Mentioned

  • Schott AG
  • AGC Inc.
  • Corning Incorporated
  • Plan Optik AG
  • Bullen
  • Nippon Electric Glass Co. Ltd.
  • Samtec Inc.
  • Shin-Etsu Chemical Co., Ltd.

Table Information