Silicon Epitaxial Wafer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Global Epitaxial Wafer Market is Segmented by Applications (Power Electronics, MEMS, RF Electronics, and Photonics) and Geography (China, Taiwan, Korea, North America, Europe Rest of the World). The market sizes and forecasts are provided in value (USD million) for all the above segments.

Silicon Epitaxial Wafer Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Silicon Epitaxial Wafer Industry Overview

The Silicon Epitaxial Wafer Market is moderately competitive and consists of many significant players SweGaN, GlobalWafers Japan CO. Ltd, Siltronic AG, II-VI Incorporated, and Sumco Corporation. None of the major players currently dominate the market in terms of market share. Along with an increased focus on product innovation, the companies also engage in mergers and acquisitions to stay competitive.

  • August 2022 - II-VI Incorporated has invested in a USD 100 Million Contract to Supply Tianyu with Silicon Carbide Substrates for Power Electronics to meet the requirements of Tianyu's supply with long-term customers.
  • June 2022 - SK Siltron Corporation. Ltd. announced a plan to spend USD 810 million on expanding its domestic capacity by the first half of 2024, from which it plans to ramp up output.

Silicon Epitaxial Wafer Market Leaders

  1. SweGaN AB

  2. Sumco Corporation

  3. GlobalWafers Japan CO. Ltd

  4. Siltronic AG

  5. II-VI Incorporated

  6. *Disclaimer: Major Players sorted in no particular order
Silicon Epitaxial Wafer Market