Wafer And IC Shipping & Handling Market Worth .16 Billion By 2025Posted by Nicky Arora on April 22nd, 2021 The global wafer and integrated circuits (IC) shipping & handling market size is expected to reach USD 14.16billion by 2025, according to a new report by Grand View Research, Inc. The market is expected to grow substantially over the forecast period on account of the rising demand for ICs in communication systems and consumer electronics.
The market is expected to witness significant growth over the forecast period on account of increasing demand for integrated circuit (IC) chips in communication systems, automotive and consumer electronics. In addition, the rising demand for ICs is expected to have a positive impact on the demand for silicon and integrated circuits (IC) processing & storage, shipping & handling markets, which is likely to drive the demand for wafer carriers over the projected period.
The raw material manufacturers are trying to integrate across various stages of the value chain, namely supply of raw material, manufacturing of the products and supply of the manufactured products to achieve higher profit margins and meet the rising consumer demand, by reducing the lead time.
To request a sample copy @ https://www.grandviewresearch.com/industry-analysis/wafer-integrated-circuits-ic-shipping-handling-market/request/rs1
The companies in the wafer and integrated circuits (IC) shipping & handling market are highly competitive and compete on the basis of prices and regional expansion. Global players such as Entegris and Dalau cater to their local market while catering to the demand across all the other regions. Like it? Share it!More by this author |