High Resistivity Silicon Wafers Market Expansion To Be Registered By 2020-2030

Posted by Dinesh on April 20th, 2021

Mission-critical Projects in Healthcare Sector Create Business Avenues amidst COVID-19 Outbreak

Negative ramifications of the COVID-19 (coronavirus) pandemic have affected business activities in the high resistivity silicon wafers market. As such, manufacturers are catering to mission-critical projects in the healthcare and telecommunications applications to fuel market growth. China being the manufacturing hub for consumer electronics, has affected economic activities worldwide. However, the pandemic has subsided in China and has created business opportunities for companies in the high resistivity silicon wafers market.

Manufacturers are adopting contingency plans due to volatile demand and supply of products. They are anticipating market revival beginning of 2021, since the global market is experiencing a demand shortage of electronic products. Since electronic products do not fall in the category of essential services, manufacturers are establishing trade activities in Japan, South Korea, and Australia where the pandemic has significantly subsided.

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Strategic Collaborations Increase Smartphone Offerings in Mass Market

The proliferation of 4G and 5G technologies in the telecommunications sector is creating value-grab opportunities for companies in the high resistivity silicon wafers market. Soitec— a manufacturer of innovative semiconductor materials has joined forces with Qualcomm Technologies— a semiconductor company based in San Diego, to boost the supply of piezoelectric-on-insulator (POI) engineered substrates for 4G and 5G RF (Radio Frequency) filters.

Companies in the high resistivity silicon wafers market are ramping up their production for POI substrates in order to develop RF filters for smartphones. Such business activities are contributing toward the growth of the market, which is estimated to reach the value of US$ 337.6 Mn by 2030. Since high resistivity silicon wafers form as the foundation of RF filters, smartphone manufacturers are able to increase their product offerings in the mass market.

Get More Press Release by TMR: https://www.prnewswire.com/news-releases/integration-of-rfid-technology-widening-application-expanse-to-boost-transportation-management-system-market-immensely-explains-projected-growth-at-whopping-14-3-cagr-for-2020—2030—tmr-301263201.html

Customized Silicon Wafers Address Issues in High Frequency Range Applications

The high resistivity silicon wafers market is slated to expand at a robust CAGR of 8% during the forecast period. However, many semiconductor devices respond poorly in high frequency range. Hence, manufacturers are offering customized high resistivity silicon wafers to end users in order to resolve issues pertaining to high frequency range applications. For instance, Wafer World— a supplier of silicon wafers to companies, laboratories, and educational institutions, is increasing its output capabilities to provide high-quality silicon wafers suitable for high frequency range.

High Resistivity Silicon Wafers Market: Overview

• According to Transparency Market Research’s latest research report on the global high resistivity silicon wafers market for the historical period 2018–2019 and the forecast period 2020–2030, demand for silicon on insulator is on the rise around the globe due to its increasing use in Microelectromechanical Systems (MEMS) and advanced complementary metal–oxide–semiconductor (CMOS) integrated circuit fabrication, as it reduces power and heat while increasing the speed performance of a device. This is expected to boost the global high resistivity silicon wafers market during the forecast period. Moreover, demand for power semiconductors is increasing in the power electronics field around the globe, as it is increasingly used in switch or rectifier applications, which is anticipated to drive the growth of the global high resistivity silicon wafers market.

Silicon on Insulator Wafers Acquire Prominence in MEMS Manufacturing and Pressure Sensors

The demanding sensor applications have fueled the need for high resistivity silicon wafers. Apart from sensors, manufacturers in the high resistivity silicon wafers market are tapping into incremental opportunities in MEMS manufacturing. In order to boost their credibility credentials, companies are establishing flexible supply chains and increasing their product portfolio in silicon wafers. They are increasing their R&D capabilities to gain expertise in silicon on insulator wafer production.

Rising Demand for High Resistivity Silicon Wafers in Consumer Electronics Devices: A Key Driver

• High resistivity silicon wafers are extensively used in consumer electronics devices such as smartphones, smart watches, tablets, and smart TVs to enhance their performance and accuracy
• Furthermore, demand for IR detectors is increasing with growing safety and security concerns in hotels, hospitals, offices, and airports among others, which is anticipated to surge the demand for high resistivity silicon wafers
• Thus, increase in adoption of consumer electronic devices is expected to drive the growth of the global high resistivity silicon wafers market during the forecast period

Development of Advanced Materials for 5G Related Products: Latest Market Trend

• In recent decades, the semiconductor industry has undergone multiple changes; among these, miniaturization in semiconductor technology has made a significant contribution to the success of modern electronics in many fields
• Multiple manufacturers are engaged in production of many technologically advanced materials that can be used to enhance the performance of semiconductor and electronic devices
• For instance, in December 2019, Shin-Etsu Chemical Co., Ltd., developed a Quartz Cloth and a Thermoset Ultra-low Dielectric Resin, ideal for printed circuit boards, IC substrates, electronic devices, and antennas that will be used in 5G high-frequency communication
• Thus, rise in use of newly developed advanced materials for 5G-related products has spurred the demand for high resistivity silicon wafers, which is expected to bolster the growth of the high resistivity silicon wafers market during the forecast period

Limitation of FZ Wafer Technology up to 200 mm Size: Major Challenge of High Resistivity Silicon Wafers Market

• High resistivity silicon substrates are crucial to improve signal isolation and minimize substrate cross-talk in radio frequency
• Availability of large diameter size is helpful to manufacture large amounts of semiconductor and power devices at a low manufacturing cost