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Global Silicon Wafer Market to Reach $9.56 Billion by 2023
December 28, 2018 | Business WireEstimated reading time: Less than a minute
The global silicon wafers market is expected to reach a total market size of $9.565 billion in 2023, rising from $7.876 billion in 2017 at a CAGR of 3.29% throughout the forecast period.
The major factors driving the demand for the semiconductor industry is growing adoption of smart devices and growing popularity of industrial automations. In addition, rising disposable income coupled with improvement in the standard of living will further propel the demand for silicon wafers over the forecast period.
Major industry players profiled as part of the report are Siltronic AG, Sumco Corporation, Shin-Etsu Chemical Co., Ltd., Okmetic, Global Wafers Co., Ltd., Sil'tronix Silicon Technologies, and Silicon Materials, Inc. among others.
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