Epitaxial Wafer Market Report, by Deposition Type (Heteroepitaxy and Homeoepitaxy), by Wafer Size (50mm to 100mm, 100mm to 150mm, and above 150mm), by Application (LED Semiconductor, Power Semiconductor, and MEMS-based Devices), and by Region (North America, Europe, Asia Pacific, Latin America, The Middle East, and Africa) – Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026

  • Published On : Nov 2018 |
  • Pages : 133 Pages |
  • Format : CMI Insight PPT Format CMI Insight PDF Format

Epitaxial Wafer Market

Epitaxial Wafer, also known as Epi-wafer is placed over other silicon wafer through epitaxial process. Epitaxy is a process in which a monocrystalline silicon layer is deposited over the polished crystal surface of a silicon wafer. This wafer acts as semiconducting substrate for applications such as microelectronics, photovoltaic, and photonics. There are two types of epitaxial wafer named; Homoepitaxy and Heteroepitaxy.  

Market Driver:

Major factor driving growth of the epitaxial wafer market is increasing use of LED lighting across the globe and this is fueling demand for epitaxial wafer. For instance, according to Coherent Market Insights’ analysis, the rate of LED lighting penetration in 2015 was 15% and it has increased to 27% in 2016, globally. The factor attributed to growth of LED lighting is increasing demand for energy efficient lighting products that help in reducing consumption of electricity and this is a major factor for replacing conventional lighting products with LED lighting across residential, commercial, and industrial sectors. LED lights are mainly incorporated with number of ICs. These ICs are manufactured from silicon wafer chip as silicon wafer is a cheap semiconductor that can easily slice into wafers, and subject to CMOS processes to turn each wafer into thousand ICs. Thus, in order to increase the performance of silicon wafer, the manufacturer coats this silicon wafer with epitaxial layer. This growth of epitaxial layer over silicon wafer helps in increasing electrical characteristic of the wafer, which in turn increases the power capability of LED lighting.

Initial high capital investments will restrict small players to enter in the semiconductor manufacturing sector. This factor will further restrict growth of epitaxial wafer market in the near future.

Increasing silicon wafer shipments is further driving growth of the market. For instance, according to SEMI (a global industry association serving the manufacturing supply chain including Semiconductors, Sensors, High-Brightness LED, Photovolatics PV, Flat Panel Display, Micro-ElectroMechanical Systems, and Flexible, Hybrid and Printed Electronics), total silicon wafer area shipments reached 3,255 million square inches during the third quarter of 2018, a 3.0% rise from the 3,164 million square inches shipped during the second quarter of 2018.

Global Epitaxial Wafer Market: Regional Insights

The market for epitaxial wafer in Asia Pacific accounted for largest share in the global market in 2017. The factor attributed to growth of this market is increasing penetration of smartphones, increasing adoption of IoT, self-driving cars, and others. For instance, according to the Coherent Market Insights’ analysis, the number of smartphone users in India was 292.6 million in 2016 and it has grown to 342 million in 2017. Increasing demand for smartphones and advancement in smartphone technology has led to development of thinner and smaller ICs. These silicon wafers form the building blocks of semiconductors, and semiconductor devices or chips are fabricated on these substrates. These semiconductors are then used in electronic devices ranging from computers to consumer electronics, telecommunication products, etc. Hence, growing demand for these electronic products is driving manufacturers to coat this wafer with epitaxial wafer that further increase the power of these electronic devices. Therefore, this factor is expected to propel demand for epitaxial wafer in the region over the forecasted period.  

Moreover, presence of key manufacturers such as Samsung, Sony, LG, Toshiba, Panasonic, Toyota, and Honda makes this region largest consumer of semiconductor ICs. The presence of players accelerates manufacturing of ICs. Hence, this will be another factor resulting in increasing demand for epitaxial wafer in this particular region.

Key companies

Major players operating in the global epitaxial wafer market include EpiWorks Inc., Global Wafers Japan Co. Ltd., Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd. Intelligent Epitaxy Technology Inc.IQE plc. , Jenoptic AG, MOSPEC Semiconductor Corporation, Norstel AB, Ommic S.A., Silicon Valley Microelectronics Inc. ,SVT Associates Inc. Universal Wafer Inc., Wafer Works Corporation, Xiamen Powerway Advanced Materials Co. Ltd., and Visual Photonics Epitaxy Co. Ltd.

Epitaxy wafer acts as an interface between a thin film and a substrate. The growth of epitaxy wafer means the crystal growth being conducted on crystal of substrate and disposed in accordance with foundation of substrate crystal phase. The epitaxial layer can be deposited over another substrate in two ways: Homoepitaxy and Heteroepitaxy. Homoepitaxy is when a crystalline film is grown with the same material as the substrate. Heteroepitaxy is more common, and grows a crystalline film made of a different material than the substrate.

Market Dynamics

Increasing installation of solar panel across the globe is one of the factors driving growth of the market. This is owing to growing awareness among consumers about the advantages of using solar energy. For instance, according to Coherent Market Insights’ analysis, number of solar panel installed in 2015 was 50.7 gigawatt and it has reached up to 76.7 gigawatt in 2016, globally. These solar panels are equipped with cells that are created from silicon wafers as silicon wafer have semiconducting properties. The usage of silicon wafer in solar cells has led to increasing efficiency of solar panel, which means it generates more power per unit compared to conventional material that used in solar cells. Thus, advantages offered by silicon wafer will positively increase the usage of silicon wafer for manufacturing of solar cells. Thus, increasing demand for silicon wafer will drive wafer manufacturers to coat that silicon wafer with epitaxial layer in order to increase the efficiency of the panel. The coating of epitaxial wafer further contributes in increasing performance of solar panels. Hence, all these factors are expected to propel demand for epitaxial wafer over the forecasted period.

Key features of the study:

  • This report provides in-depth analysis of epitaxial wafer market size (US$ Mn), and Compound Annual Growth Rate (CAGR %) for the forecast period (2018 – 2026), considering 2017 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the global epitaxial wafer market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, epitaxial wafer market capital, key developments, strategies, and future plans.
  • Companies covered as part of this study include EpiWorks Inc., GlobalWafer, Nichia Corporation, SHOWA DENKO K.K., Siltronic AG, Desert Silicon Inc., Electronics and Materials Corporation Ltd., Intelligent Epitaxy Wafer Size Inc., IQE plc., Jenoptic AG, MOSPEC Semiconductor Corp Corporation, Norstel AB, Ommic S.A, Silicon Valley Microelectronics Inc., SVT Associates Inc., UniversalWafer Inc., Wafer Works Corporation, Xiamen Powerway Advanced Materials Co. Ltd., and Visual Photonics Epitaxy Co. Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launches, product upgrades, market expansion, and marketing tactics
  • The global epitaxial wafer market report caters to various stakeholders in this industry including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision making through various strategy matrices used in analyzing the global epitaxial wafer market

Detailed Segmentation:

  • Global Epitaxial Wafer Market, By Deposition Type:
    • Heteroepitaxy
    • Homeoepitaxy
  • Global Epitaxial Wafer Market, By Wafer Size:
    • 50mm to 100mm
    • 100mm to 150mm
    • Above 150mm
  • Global Epitaxial Wafer Market, By Application:
    • LED Semiconductor
    • Power Semiconductor
    • MEMS-based devices
  • Global Epitaxial Wafer Market, By Geography:
    • North America
      • By Deposition Type
      • By Wafer Size
      • By Application
      • By Country:
        • U.S.
        • Canada
    • Europe
      • By Deposition Type
      • By Wafer Size
      • By Application
      • By Country:
        • Germany
        • UK
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By Deposition Type
      • By Wafer Size
      • By Application
      • By Country:
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By Deposition Type
      • By Wafer Size
      • By Application
      • By Country:
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East
      • By Deposition Type
      • By Wafer Size
      • By Application
      • By Country:
        • GCC Countries
        • Israel
        • Rest of Middle East
    • Africa
      • By Deposition Type
      • By Wafer Size
      • By Application
      • By Country:
        • Northern Africa
        • Central Africa
        • South Africa
  • Competitive Landscape
    • Company Profiles
      • EpiWorks Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Global Wafers Japan Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nichia Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SHOWA DENKO K.K.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Siltronic AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Desert Silicon Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Electronics and Materials Corporation Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Intelligent Epitaxy Technology Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • IQE plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Jenoptic AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • MOSPEC Semiconductor Corp Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Norstel AB
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Ommic S.A.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Silicon Valley Microelectronics Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SVT Associates Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • UniversalWafer Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Wafer Works Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Xiamen Powerway Advanced Materials Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Visual Photonics Epitaxy Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
    • References
    • Research Methodology
    • About us and Sales Contact

 “*” marked represents similar segmentation in other categories in the respective section

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Deposition Type
      • Market Snippet, By Wafer Size
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
      • New system Launches/Approvals
      • Value Chain Analysis
      • Porter’s Analysis
      • PEST Analysis
  4. Global Epitaxial Wafer Market, By Deposition Type, 2017-2026  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Segment Trends
    • Heteroepitaxy
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
    • Homeoepitaxy
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
  5. Global Epitaxial Wafer Market, By Wafer Size, 2017-2026  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Segment Trends
    • 50mm to 100mm
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
    • 100mm to 150mm
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
    • Above 150mm
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
  6. Global Epitaxial Wafer Market, By Application, 2017-2026  (US$ Million)
    • Introduction
      • Market Share Analysis, 2017 and 2026 (%)
      • Segment Trends
    • LED Semiconductor
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
    • Power Semiconductor
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
    • MEMS-based devices
      • Introduction
      • Market Size and Forecast, 2017–2026, (US$ Million)
  7. Global Epitaxial Wafer Market, By Region, 2017-2026 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2026 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Deposition Type, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Wafer Size, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026 (US$ Million)
      • Market Share Analysis, By Country, 2017–2026 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Deposition Type, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Wafer Size, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026 (US$ Million)
      • Market Share Analysis, By Country, 2017–2026 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Deposition Type, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Wafer Size, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026 (US$ Million)
      • Market Share Analysis, By Country, 2017–2026 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Deposition Type, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Wafer Size, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026 (US$ Million)
      • Market Share Analysis, By Country, 2017–2026 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East
      • Regional Trends
      • Market Size and Forecast, By Deposition Type, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Wafer Size, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026 (US$ Million)
      • Market Share Analysis, By Country, 2017–2026 (%)
        • Israel
        • GCC Countries
        • Rest of the Middle East
    • Africa
      • Regional Trends
      • Market Size and Forecast, By Deposition Type, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Wafer Size, 2017–2026 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2026 (US$ Million)
      • Market Share Analysis, By Country, 2017–2026 (%)
        • Northern Africa
        • Central Africa
        • South Africa
  8. Competitive Landscape
    • Company Profiles
      • EpiWorks Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Global Wafers Japan Co. Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Nichia Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SHOWA DENKO K.K.
      • Siltronic AG
      • Desert Silicon Inc.
      • Electronics and Materials Corporation Ltd.
      • Intelligent Epitaxy Technology Inc.
      • IQE plc
      • Jenoptic AG
      • MOSPEC Semiconductor Corp Corporation
      • Norstel AB
      • Ommic S.A.
      • Silicon Valley Microelectronics Inc.
      • SVT Associates Inc.
      • UniversalWafer Inc.
      • Wafer Works Corporation
      • Xiamen Powerway Advanced Materials Co. Ltd.
      • Visual Photonics Epitaxy Co. Ltd.
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Epitaxial Wafer Market - Global forecast to 2026”.

 

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


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Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

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Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization:

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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