Key companies operating in the thin wafer market are:
SK Siltron Co., Ltd
Siltronic AG
GlobalWafers
Shin-Etsu Chemical Co., Ltd
SUMCO CORPORATION,
Virginia Semiconductor Inc.
Industry leaders are continuously involved in acquisition and collaboration strategies to accelerate their business opportunities.
Authors:
Suraj Gujar
Frequently Asked Questions (FAQ) :
The market share for thin wafers crossed USD 6.5 billion in annual revenue in 2020 and will grow at a CAGR of over 6% through 2027 with increasing demand for compact and miniaturized devices like smart wearables and smartphones.
The 100?m - 199?m wafer thickness segment held close to 50% of the thin wafer market share in 2020 and could observe a growth rate of 6% up to 2027 driven by increasing adoption in memory devices.
The overall market revenue from the temporary bonding and debonding process segment was valued at USD 250 million in 2020 and is expected to strike a CAGR of 7% by 2027.
The market size from LED applications will account for nearly 20% of the revenue share by 2027 due to the rising adoption of thin wafers in VCSEL technology.
South Korea thin wafer size was responsible for close to 25% of the revenue share in 2020 and will expand at a 6% CAGR through 2027 due to the strong presence of major semiconductor manufacturers across the region.