© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Silicon Wafer Market Increased Competition Set to Drive from 2018 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Asia Pacific silicon wafer market is poised to witness growth owing to the booming automotive sector in the region. Several government initiatives in India encouraging foreign investments in the automotive sector have led to the growth of the industry.  In addition, the flourishing electronics industry in China will also favor the silicon wafer market growth. The advent of Industry 4.0 and technologies, such as IoT and AI in the automotive sector, will fuel the demand for these wafers for high performance and smooth operation of the vehicle. Regional Analysis of Silicon Wafer Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Silicon Wafer Market:  Technological advancements to enhance the capabilities of wafers will drive the silicon wafer market growth. Automation and AI are used across all the industry verticals to improve the operational efficiency. Products with AI is the latest trend with companies turning to silicon wafers for creating AI-infused technologies.  Silicon chips are created with elements that function like neurons to handle deep learning tasks. The trend of miniaturization of electronics followed by advancements in the IoT will also favor the silicon wafer market growth. Silicon chips that support the high-end digital developments will favor the industry expansion.  The demand for wafer sizes larger than or equal to 300 mm will support the silicon wafer market growth. A large wafer diameter enables the production of more semiconductor devices from a single wafer thereby enhancing the efficiency and productivity. The growing demand for chips and enhanced chip throughput enabled by large wafer sizes has led to the evolution of these wafers from half-inch silicon to 300 mm diameter wafers. However, 450 mm wafers are poised to offer several advantages; the 450 mm technology leading to more costly processing tools and less than expected ROI is discouraging the technology adoption.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key players in the silicon wafer market include Shin-Etsu Chemical Co., Ltd., SUMCO Corporation, Siltronic AG, Shanghai Simgui Technology, Wafer Works Corporation, GlobalWafers Singapore Pte. Ltd., and Tokuyama Corporation.  The silicon wafer market is witnessing steadily growing competition with increasing number of players focusing on making investments in the R&D of wafer technology.  Companies are trying to expand their market presence by establishing new production facilities. Competitive Market Share of Silicon Wafer Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Browse Full Market Research Report On Silicon Wafer Request for an in-depth table of contents for this

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Stay In Touch Website: Social Media: