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Silicon EPI Wafer Market to Reach $1.55 Bn, Globally, by 2026 at 4.8% CAGR: Allied Market ResearchIncreasing demand for epitaxial wafer in consumer electronics, growing usage of GPS, and emerging trends of wafers in automotive industry drive the growth of the global silicon EPI wafer market PORTLAND, Oregon, Feb. 5, 2020 /PRNewswire/ -- Allied Market Research published a report, titled, "Silicon EPI Wafer Market by Type (Heteroepitaxy and Homoepitaxy), Wafer Size (6-inch, 8-inch, 12-inch, and Others) Application (LED, Power Semiconductor, MEMS- Based Devices), and Industry Vertical (Consumer Electronics, Automotive, Healthcare, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026." According to the report, the global silicon EPI wafer industry was estimated at $1.15 billion in 2018 and is expected to hit $1.55 billion by 2026, registering a CAGR of 4.8% from 2019 to 2026.  Drivers, restraints, and opportunities- Increasing demand for epitaxial wafer in consumer electronics, growing usage of GPS, emerging trends of wafers in automotive industry, and development in the semiconductor industry drive the growth of the global silicon EPI wafer market. On the other hand, increase in cost of wafer manufacturing curtails down the growth to some extent. Nevertheless, rise in popularity of IoT in wafers is expected to create an array of opportunities for the key players in the industry. Make Purchase Enquiry @ https://www.alliedmarketresearch.com/purchase-enquiry/6221 The homoepitaxy segment to dominate by 2026- Based on type, the homoepitaxy segment contributed to more than three-fifths of the global silicon EPI wafer market share in 2018 and is expected to retain its dominance throughout the forecast period. The same segment would also grow at the fastest CAGR of 6.0% by the end of 2026. Surge in demand for automation in vehicle infotainment systems like airbag control, anti-lock braking system, GPS, power doors and windows, car navigation & display, and automated driving makes homoepitaxy as the fastest and largest growing segment in the silicon EPI wafer market. The 12-inch segment to lead the trail during the study period- Based on wafer size, the 12-inch segment accounted for three-fifths of the global silicon EPI wafer market revenue in 2018 and is projected to maintain its top status from 2019 to 2026. The same segment is also anticipated to register the fstest CAGR of 5.9% during the study period. 12-inch wafer size ensures high production of ICs at the same specifications on the same wafer, which effectively reduces the IC cost and increases the profit margin in wafer manufacturing process. Asia-Pacific, followed by North America, generated the major share in 2018- Based on geography, Asia-Pacific held the highest share in 2018, garnering more than half of the global silicon EPI wafer market. The same region would also cite the fastest CAGR of 5.5% during the estimated period. increase in demand for high voltage operating devices and importance of driver IC to ensure power management drive the EPI silicon wafer market in the Asia-Pacific region. However, North-America happened to be the second largest share holder in 2018. Download Sample Report: https://www.alliedmarketresearch.com/request-sample/6221 Frontrunners in the industry-
Access Avenue (Premium on-demand, subscription-based pricing model) @ https://www.alliedmarketresearch.com/Avenue-Membership-details Avenue, a user-based library of global market report database, provides comprehensive reports pertaining to the world's largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end users worldwide, Avenue ensures that the registered members get an easy as well as single gateway to their all-inclusive requirements. Similar Reports: Global Wafer Backgrinding Tape Market to Reach $261.42 Million by 2026 Wafer Level Packaging Market to Reach $7.8 Billion by 2022 MEMS Sensor Market Expected to Reach $60.6 Million by 2026 Global UV LED Market Expected to Reach $1.2 Billion by 2026 Global Display Market Expected to Reach $206.29 Billion by 2025 Pre-book Offer 12% Discount: Wafer Fab Equipment Market – Global Opportunities and Forecasts, 2019-2026 About Us: Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry. Contact:
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