Thin Wafer Market Analysis, Consumption, Demand, Growth And Forecast To 2033Posted by ramacharitbrc on May 7th, 2024 ![]() Overview and Scope Thin wafers are the building blocks used in producing semiconductor devices through mechanical grinding and stress reduction. The thin wafer market size has grown rapidly in recent years. It will grow from .73 billion in 2023 to .85 billion in 2024 at a compound annual growth rate (CAGR) of 10.4%. The growth in the historic period can be attributed to increased demand for miniaturized devices, rising adoption in semiconductor industry, cost reduction, growing consumer electronics market, growing demand for photovoltaic cells. https://www.thebusinessresearchcompany.com/report/thin-wafer-global-market-report The thin wafer market covered in this report is segmented – 2) By Process: Temporary Bonding And Debonding, Carrier-Less Or Taiko Process 3) By Technology: Wafer Grinding, Wafer Polishing, Wafer Dicing 4) By Application: MEMS, CIS, RF Devices, LED, Interposer, Logic, Other Applications https://www.thebusinessresearchcompany.com/sample.aspx?id=8905&type=smp The growing smartphone and consumer electronics market is expected to propel the thin wafer market. Consumer electronics refers to an electronic device designed to be purchased and used by an end-user for daily, non-commercial or professional purposes. They are powered by electricity or have circuit boards. Thin wafers are used to fabricate integrated circuits and for high-density packaging in compact or microelectronic devices that power consumer electronics. So, an increase in the smartphone and consumer electronics market will propel market growth. For instance, in February 2023, according to Uswitch Limited, a UK-based financial conduct authority, beginning in 2022, there were 71.8 million mobile connections in the UK, a 3.8% (or around 2.6 million) increase over 2021. By 2025, there will be 68.3 million people living in the UK, of whom 95% (or about 65 million people) will have smartphones. Furthermore, in December 2022, according to a report shared by Shopify, a Canada-based multinational e-commerce company, the amount spent on consumer electronics had increased by 20% since 2020. The largest market for consumer electronics, smartphones, generated 1 billion in revenue in 2021. By 2026, it's anticipated that this will surpass 0 billion. Therefore, the growing smartphone and consumer electronics market is driving the growth of the thin wafer market. Major companies operating in the thin wafer market report are 3M Company, Applied Materials Inc., Brewer Science Inc., DISCO Corporation, EV Group, GlobalWafers Co. Ltd., Shin-Estu Chemical Co. Ltd., Sil'tronix Silicon Technologies, SK Siltron Co. Ltd., SUMCO Corporation, SUSS MicroTec, Synova S A, Virginia Semiconductor Inc., ULVAC GmbH, Wafer Works Corporation, Atecom Technology Co. Ltd., UniversityWafer Inc., Mechatronic Systemtechnik GmbH, Soitec, My-Chip Production GmbH, Polishing Corporation of America, Kulicke & Soffa Industries Inc., SunEdison Semiconductor, LG Siltronic, Han's Laser Technology Industry Group Co. Ltd., ASM Pacific Technology Ltd., Aixtron SE, SPTS Technologies Limited, Nuvonyx Inc., Semiconductor Equipment Corporation 2. Market Characteristics 3. Market Trends And Strategies 4. Impact Of COVID-19 5. Market Size And Growth 6. Segmentation 7. Regional And Country Analysis ……. 27. Competitive Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis Like it? Share it!More by this author |