The Latin America, Middle East and Africa Silicon Wafer Market would witness market growth of 7.7% CAGR during the forecast period (2023-2030).
The primary and foundational use of silicon wafers is in manufacturing integrated circuits. ICs are essential components in electronic devices, serving as the brains that process information. Silicon wafers provide a substrate for fabricating intricate semiconductor devices, including microprocessors, memory chips, and system-on-chip (SoC) solutions. Silicon wafers are extensively used in the production of solar cells. Photovoltaic cells, commonly known as solar cells, convert sunlight into electricity. Silicon wafers, either monocrystalline or polycrystalline, serve as the base material for depositing semiconductor layers that capture and generate electrical energy.
Silicon wafers are employed in the manufacturing of microelectromechanical systems (MEMS). MEMS devices include sensors and actuators that can sense, measure, and respond to various environmental stimuli. Applications range from automotive sensors and medical devices to consumer electronics. Silicon wafers play a key role in producing light-emitting diodes (LEDs). LEDs are energy-efficient lighting solutions in various applications, including residential lighting, automotive lighting, and displays. Silicon wafers contribute to the precise fabrication of semiconductor materials in LED manufacturing.
According to the Dubai Water and Electricity Authority, the number of EVs in Dubai is predicted to be about 7,331 in 2023 and 12,852 by 2025. This supports Dubai’s Green Mobility Strategy 2030, which mandates that by 2030, 30% of public sector vehicles and 10% of all new vehicle sales will be electric or hybrid. Silicon wafers are used in power electronics, including inverters and control systems, for electric vehicles in UAE. Thus, due to these aspects, the silicon wafer market will expand across the LAMEA region in upcoming years.
The Brazil market dominated the LAMEA Silicon Wafer Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $557.3 million by 2030. The Argentina market is showcasing a CAGR of 9% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 7.3% during (2023 - 2030).
Free Valuable Insights: The Worldwide Silicon Wafer Market is Projected to reach USD 22.1 Billion by 2030, at a CAGR of 5.3%
Based on Type, the market is segmented into N Type, and P Type. Based on Application, the market is segmented into Telecommunication, Industrial, Consumer Electronics, Automotive, and Others. Based on Wafer Size, the market is segmented into 100 mm to 300 mm, 1 to 100 mm, and Above 300 mm. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
By Type
By Application
By Wafer Size
By Country
Unique Offerings Our team of dedicated experts can provide you with attractive expansion opportunities for your business.
