Epitaxial Wafer MarketChallenges and Opportunities

Epitaxial Wafer Market, By Deposition Type (Heteroepitaxy and Homoepitaxy), By Wafer Size (2-4 Inch, 5-8 Inch, 9-12 Inch, Others), By Application (LED, Power Semiconductor, MEMS-Based Devices and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Jun 2023

Code : CMI2277

Pages :133

Formats :

Excel and PDF

Industry : Semiconductors

Market Challenges And Opportunities

Epitaxial Wafer Market Drivers:

Increase in Adoption of LED lighting

The rising demand for epitaxial wafer is being fueled by the widespread adoption of LED lighting, which is a major driver of market expansion. LED light bulbs are more long-lasting, durable, and comparable to or superior to other types of lighting. In contrast to incandescent and compact fluorescent lights (CFLs), which produce heat and light in all directions, LEDs are "directional" light sources. As a result, LEDs can utilize light and energy more effectively in numerous applications. They produce less heat and consume less energy than incandescent bulbs. A few LEDs can work at generally 10% of the power expected for the standard light and last up to quite a bit longer.

Initial high capital investments

The term "initial capital investment" refers to the cost of purchasing or building a power or non-power facility that is expected to be repaid from power revenues. This includes, but is not limited to, any costs associated with planning, designing, purchasing land, and building, investing during construction, and testing. Initial high capital investments will restrict small players to enter in the semiconductor manufacturing sector. This factor will further restrict growth of epitaxial wafer market in the near future.

Epitaxial Wafer Market Restraints:

Higher cost of wafer fabrication

In the semiconductor device fabrication process, wafer fabrication is a process that consists of numerous repeated, sequential processes to produce complete electrical or photonic circuits on semiconductor wafers. The disservices of epitaxy incorporate greater expense of wafer manufacture, extra cycle intricacies, and issues related with surrenders in the epi layer. A semiconductor processing facility that converts wafers into integrated circuits is known as a wafer fab. Conductors, transistors, resistors, and other electronic components on a semiconductor wafer are defined by a complex series of steps in a typical wafer fab.