The North America Semiconductor Wafer Market would witness market growth of 4.4% CAGR during the forecast period (2021-2027).
The growth of the semiconductor wafer market would be driven by the growing adoption of smart devices and increasing sales of consumer electronic devices. Moreover, the demand for semiconductor wafers is expected to be boosted by the increasing utilization in automotive, industrial, and healthcare applications.
In addition, semiconductor wafer plays a crucial role in the production of semiconductor devices. A semiconductor wafer consists of numerous small chips that are manufactured by using sophisticated semiconductor manufacturing devices.
North America has been a promising region for the demand and growth of semiconductors. This is credited to the increase in ownership of 5G-enabled technological instruments. Around 1/4th of sales of the worldwide semiconductor wafers would happen across this region. In addition, various end-use applications such as IoT, artificial intelligence, and connected devices are efficiently harnessing the semiconductor wafers.
The 12 Inch market dominated the North America Semiconductor Wafer Market by Wafer Size 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,856.1 million by 2027. The 6 Inch market is expected to witness a CAGR of 4.9% during (2021 - 2027). Additionally, The 8 Inch market would witness highest CAGR of 4.6% during (2021 - 2027).
Based on Wafer Size, the market is segmented into 6 Inch, 8 Inch, 12 inch, and others. Based on Technology, the market is segmented into Packaging & Assembly, Wafer Bumping, Testing & inspection, and others. Based on product type, the market is segmented into Processor, Memory, Analog, and others. Based on end User, the market is segmented into Consumer Electronics, Automotive, Industrial, Telecommunications, and others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Semiconductor Wafer Market is Estimated to reach $22 Billion by 2027, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ASM International N.V., Shin-Etsu Chemical Co., Ltd., Okmetic Oy (National Silicon Industry Group NSIG), GlobalWafers Singapore Pte. Ltd. (Sino-American Silicon Products Inc.), ASML Holding N.V., Elkem ASA, Lanco Infratech, Applied Materials, Inc., and Sumco Corporation.
By Wafer Size
By Technology
By Product Type
By End User
By Country
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