According to a new report Global Semiconductor Wafer Market, published by KBV research, The Global Semiconductor Wafer Market size is expected to reach $22.03 billion by 2027, rising at a market growth of 4.6% CAGR during the forecast period.
The rise in usage of silicon wafers in Advanced Driver-Assistance Systems (ADAS), adaptive cruise control, touch-free human-machine interfaces, and automatic braking systems in automobiles, thereby creating lucrative opportunities for the market. Furthermore, the rise in penetration of industry 4.0 technologies such as AI, IoT, machine learning, and others would boost the demand and growth for silicon wafers.
The 6-inch segment is likely to exhibit a promising growth rate during the forecasting period. The advantages of 6-inch wafers like accurate current control and uniform voltage supply are responsible for the high growth and demand of this segment. The 6-inch wafer is designed to offer higher uniformity in voltage and better control over the current.
The processor segment would showcase the highest growth rate during the forecasting period.
The Packaging & Assembly market dominated the Global Semiconductor Wafer Market by Technology 2020, and would continue to be a dominant market till 2027, growing at a CAGR of 3.9 % during the forecast period. The Wafer Bumping market is expected to witness a CAGR of 4.8% during (2021 - 2027). Additionally, The Testing & Inspection market would showcase highest CAGR of 5.1% during (2021 - 2027).
The Asia Pacific market dominated the Global Semiconductor Wafer Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8,785.4 million by 2027, growing at a CAGR of 4.6 % during the forecast period. The Europe market would witness a CAGR of 4.2% during (2021 - 2027). Additionally, The North America market is anticipated to grow a CAGR of 4.4% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/semiconductor-wafer-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography
Companies Profiled
Unique Offerings 
