The semiconductor silicon wafer market size was valued at US$ 12.52 billion in 2023 and is expected to reach US$ 18.09 billion by 2031; it is estimated to record a CAGR of 4.7% from 2023 to 2031.
The Semiconductor Silicon Wafer market is segmented into five major regions - North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2023, followed by North America and Europe, respectively. Silicon wafers are the primary building blocks for the vast majority of semiconductors, which are essential components of all electrical devices, leading to increased production. According to the SEMI Silicon Manufacturers Group's (SMG) quarterly analysis of the silicon wafer industry, silicon wafer shipments worldwide increased 7.1% quarter over quarter to 3.03 billion square inches (MSI) in the second quarter of 2024.
Various players across North America are building semiconductor silicon wafer manufacturing facilities. For example, NorSun, a Norwegian silicon wafer maker, revealed plans to develop a new 5-GW silicon ingot and wafer manufacturing plant in Tulsa, Oklahoma. Moreover, governments of several countries across the region are involved in investment in semiconductor manufacturing.
For example, in April 2024, TSMC announced that the US Department of Commerce and TSMC Arizona had signed a nonbinding preliminary memorandum of understanding (PMT) for up to US $6.6 billion in direct funding under the CHIPS and Science Act. TSMC has announced plans to develop a third fab at TSMC Arizona to accommodate high customer demand while utilizing the most sophisticated semiconductor process technology in the US.
Asia Pacific is recognized as the hub of semiconductor manufacturing, due to which the demand for semiconductor silicon wafers is significant in the region. Thus, countries across regions emphasize the production of semiconductor silicon wafers. China's semiconductor supply chain has recognized the value of silicon wafers, which account for approximately 30% of chip manufacturing expenses. The National Silicon Industry Group (NSIG), China's largest domestic silicon wafer maker, in July 2024, received approval for long-term capacity planning. It plans to raise its monthly capacity from 300,000 to 1.2 million wafers to meet Chinese wafer fab growth between 2024 and 2025.
By node type, the market is divided into 180 nm, 130 nm, 90 nm, 65 nm, 45 nm, 22 nm, 14 nm, 7 nm, and 5 nm and Below. The 7 nm segment held the largest semiconductor silicon wafer market share in 2023. The 7 nm technology introduced new techniques to improve both scalability and efficiency, altering chip performance as well as chip manufacturing. With 7 nm technology, Samsung introduced extreme ultraviolet (EUV) lithography to the world for the first time, exposing silicon wafers in greater detail than traditional immersion ArF (argon fluoride). EUV technology, which requires only a single mask layer as opposed to several masks in earlier process nodes, reduces turnaround time while increasing yield rates. These features help reduce the area by 40% while doubling energy savings. With 20% fewer masks used during production, it adds cost-effective scalability to a variety of products.
Okmetic, Wafer Works Corp, SUMCO CORPORATION, NANOCHEMAZONE, Alfa Chemistry, LONGi Green Energy Technology Co Ltd, Wafer World Inc., WaferPro, PI-KEM Limited, Nano Quarz Wafer GmbH, Sino-American Silicon Products Inc., Nanografi Nano Technology, Fujimi Incorporated, Hangzhou Semiconductor Wafer Co.Ltd., Ferrotec Holdings Corporation, Silicon Materials, Inc., Shin-Etsu Chemical Co Ltd, SK Siltron Co., Ltd., Siltronic AG, and GlobalWafers Co., Ltd are among the key Semiconductor Silicon Wafer market players that are profiled in this market study.
The overall semiconductor silicon wafer market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the semiconductor silicon wafer size. The process also helps obtain an overview and forecast of the market with respect to all the market segments.
Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes 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 Semiconductor Silicon Wafer market.
The Semiconductor Silicon Wafer market is segmented into five major regions - North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. Asia Pacific dominated the market in 2023, followed by North America and Europe, respectively. Silicon wafers are the primary building blocks for the vast majority of semiconductors, which are essential components of all electrical devices, leading to increased production. According to the SEMI Silicon Manufacturers Group's (SMG) quarterly analysis of the silicon wafer industry, silicon wafer shipments worldwide increased 7.1% quarter over quarter to 3.03 billion square inches (MSI) in the second quarter of 2024.
Various players across North America are building semiconductor silicon wafer manufacturing facilities. For example, NorSun, a Norwegian silicon wafer maker, revealed plans to develop a new 5-GW silicon ingot and wafer manufacturing plant in Tulsa, Oklahoma. Moreover, governments of several countries across the region are involved in investment in semiconductor manufacturing.
For example, in April 2024, TSMC announced that the US Department of Commerce and TSMC Arizona had signed a nonbinding preliminary memorandum of understanding (PMT) for up to US $6.6 billion in direct funding under the CHIPS and Science Act. TSMC has announced plans to develop a third fab at TSMC Arizona to accommodate high customer demand while utilizing the most sophisticated semiconductor process technology in the US.
Asia Pacific is recognized as the hub of semiconductor manufacturing, due to which the demand for semiconductor silicon wafers is significant in the region. Thus, countries across regions emphasize the production of semiconductor silicon wafers. China's semiconductor supply chain has recognized the value of silicon wafers, which account for approximately 30% of chip manufacturing expenses. The National Silicon Industry Group (NSIG), China's largest domestic silicon wafer maker, in July 2024, received approval for long-term capacity planning. It plans to raise its monthly capacity from 300,000 to 1.2 million wafers to meet Chinese wafer fab growth between 2024 and 2025.
By node type, the market is divided into 180 nm, 130 nm, 90 nm, 65 nm, 45 nm, 22 nm, 14 nm, 7 nm, and 5 nm and Below. The 7 nm segment held the largest semiconductor silicon wafer market share in 2023. The 7 nm technology introduced new techniques to improve both scalability and efficiency, altering chip performance as well as chip manufacturing. With 7 nm technology, Samsung introduced extreme ultraviolet (EUV) lithography to the world for the first time, exposing silicon wafers in greater detail than traditional immersion ArF (argon fluoride). EUV technology, which requires only a single mask layer as opposed to several masks in earlier process nodes, reduces turnaround time while increasing yield rates. These features help reduce the area by 40% while doubling energy savings. With 20% fewer masks used during production, it adds cost-effective scalability to a variety of products.
Okmetic, Wafer Works Corp, SUMCO CORPORATION, NANOCHEMAZONE, Alfa Chemistry, LONGi Green Energy Technology Co Ltd, Wafer World Inc., WaferPro, PI-KEM Limited, Nano Quarz Wafer GmbH, Sino-American Silicon Products Inc., Nanografi Nano Technology, Fujimi Incorporated, Hangzhou Semiconductor Wafer Co.Ltd., Ferrotec Holdings Corporation, Silicon Materials, Inc., Shin-Etsu Chemical Co Ltd, SK Siltron Co., Ltd., Siltronic AG, and GlobalWafers Co., Ltd are among the key Semiconductor Silicon Wafer market players that are profiled in this market study.
The overall semiconductor silicon wafer market size has been derived using both primary and secondary sources. Exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the semiconductor silicon wafer size. The process also helps obtain an overview and forecast of the market with respect to all the market segments.
Also, multiple primary interviews have been conducted with industry participants to validate the data and gain analytical insights. This process includes 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 Semiconductor Silicon Wafer market.
Reasons to buy:
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the semiconductor silicon wafer market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the semiconductor silicon wafer 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 market trends and outlook coupled with the factors driving the 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
2. Executive Summary
3. Research Methodology
4. Semiconductor Silicon Wafer Market Landscape
5. Semiconductor Silicon Wafer Market - Key Market Dynamics
6. Semiconductor Silicon Wafer Market - Global Market Analysis
7. Semiconductor Silicon Wafer Market Analysis - by Type
8. Semiconductor Silicon Wafer Market Analysis - by Application
9. Semiconductor Silicon Wafer Market Analysis - by Node Type
10. Semiconductor Silicon Wafer Market - Geographical Analysis
11. Competitive Landscape
12. Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned
Some of the leading companies in the Semiconductor Silicon Wafer Market include:- Okmetic
- Wafer Works Corp
- SUMCO CORPORATION
- NANOCHEMAZONE
- Alfa Chemistry
- LONGi Green Energy Technology Co Ltd
- Wafer World Inc.
- WaferPro
- PI-KEM Limited
- Nano Quarz Wafer GmbH
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | September 2024 |
| Forecast Period | 2023 - 2031 |
| Estimated Market Value ( USD | $ 12.52 Billion |
| Forecasted Market Value ( USD | $ 18.09 Billion |
| Compound Annual Growth Rate | 4.7% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
