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Silicon Wafers Market Projected to Grow Valuing 503 Million USD by 2022: Market Prognostications By MRFRPUNE, India, Aug. 9, 2017 /PRNewswire/ -- Market Research Future published a half-cooked research report on "Global Silicon Wafers Market Research Report - Forecast to 2022" – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2022. Elkem AS (Norway), Addison Engineering (CA), Renewable Energy Corporation (Norway), Shin-Etsu Handotai Co. Ltd. (Japan), Siltronic AG (Germany) MEMC Electronic Materials Inc.(California), LG Siltron Inc. (South Korea), Advance Semiconductor Inc.(U.S.), and SUMCO Corp.(Japan) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Silicon Wafers Market. Silicon Wafers Global Market – Overview Silicon wafer provides the data processing capabilities and are majorly used in integrated circuits. Integrated circuits are used in various devices like computers, smart phones, gaming devices and military weapons among others. The market has grown immensely attributed to the technological development and the advancement in the silicon wafers technology used in the electronic industry. Moreover, the growing demand for the solar energy will contribute to the growth of the solar panel and solar cells which in turn will upsurge the silicon wafer market as the silicon wafers are widely used in the manufacturing of the sola cells. The global silicon wafer market size was USD 333 million in 2016 with as high as CAGR of 8.5% owing to the growing demand for the end-use industries including solar cell and consumer electronics. Increasing substitution of the virgin and test silicon wafers with reclaimed silicon wafers owing to low costs associated with the product are anticipated to propel demand. Moreover, the growing demand for the solar energy will contribute to the growth of the solar panel and solar cells which in turn will boost up the silicon wafer market as the silicon wafers are widely used in the manufacturing of the solar cells. Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2052 As per the trend, 300mm silicon wafers have captured the market of the silicon wafers as it is widely used by the semiconductor industry however the major players have restricted their investments in new technology i.e. 450mm wafers, due to its high manufacturing costs of processing and lower expected returns on investments. Moreover, silicon wafers also have the growing demand in electronic industry due to its flexible and small size, high reliability, low weight, and low power consumption. Silicon Wafers Market – Overview – Segments The Silicon wafers market has been segmented in to 3 dynamics for an enhanced understanding; Segmentation by Size – Comprises - 150 mm, 200mm, 300mm, and 450mm. Segmentation by Type – Comprises - N-Type and P-Type. Segmentation by Application – Solar cells, Integrated Circuits, Photoelectric Cells, and Others. Silicon Wafers Market – Synopsis Browse Report @ https://www.marketresearchfuture.com/reports/silicon-wafers-market-2052 Silicon Wafers Market – Regional Analysis Countries such as China, U.S and Japan are some of the major leading countries in this market. China is said to have the one of the largest market for the electronics. Semiconductor makers of the china are still behind the international rivals. To support the market, china government is making the effort to promote its domestic technology market by funding to support the industry players. There are also some companies such as Lenovo and Huawei technologies are the largest manufacturer and supplier of the technology. North America is expected to demonstrate the moderate growth due to the growing market of solar cell in the region. European region will show the steady growth in the silicon wafers market as the automotive, electronic market which make use of the silicon wafers are already established in the region. The need for safe, reliable, and clean energy source in various countries is likely increase the demand for solar cell, which in turn helping the market of silicon wafers to develop. Browse Related Report https://www.marketresearchfuture.com/reports/semiconductor-wafer-market-1694 About Market Research Future: Contact View original content with multimedia:http://www.prnewswire.com/news-releases/silicon-wafers-market-projected-to-grow-valuing-503-million-usd-by-2022-market-prognostications-by-mrfr-300501821.html SOURCE Market Research Future |