Thin Wafer Market
Opportunities, and Forecast By 2030
Market Research Report
Global Industry Analysis, Forecast and Trends, 2022-2030
Thin Wafer Market
© 2020 Statsville Consulting Private Limited
Market Statsville Group (MSG)
A part of Statsville Consulting Private Limited
American Office – 416, East Standsberry Street, Perkins, Oklahoma 74059, USA EMEA – 1165 Budapest 16 Diósy Lajos u. 24., Europe
Asia-Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001
Disclaimer: Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording, or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited.
Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsible for the final decision of any action.
ABOUT MARKET STATSVILLE GROUP (MSG)
Market Statsville Group (MSG) partners with companies and society to confront their essential risks and challenges to capture the enormous opportunities for them. MSG was initiated its working in 2017, and since then, the brand is moving to become a pioneer in business advisory and market research services.
Market Statsville is the leading market research and strategy builder with the depth and breadth of solutions that perfectly suit your every need. MSG provides solutions in a wide range of industry verticals in the form of market sizing, analysis, and incisive business insights. MSG experienced research analysts are proficient at digging deep and providing a variety of customizable data that help you make decisions with clarity, confidence, and impact.
Market Statsville is your global data intelligence partner for reliable market research data, data gathering, and analytical services. MSG also has an extensive network of top-flight domestic and global research personals around the world, enabling us to provide high-quality worldwide research solutions that cater to a well-established company, government organizations, or a startup. MSG's clients have the authority to work directly with one or more of our researchers to gather the most useful data knowledge and analytical plan to formulate it in the actual practice.
Market Statsville Group believes that to succeed, companies or individuals must blend digital and human capabilities most efficiently. MSG diverse and experienced global team of business consultants and market researchers will ensure the valuable reports for our clients through digging in-depth market information and functional expertise to continuously spark the changes and real-time valuation of variation in the market/industry. MSG works in a uniquely collaborative model throughout the business process across the globe to assist the client's company with the most accurate information that they are aiming for in the reports.
Our research is an optimum culmination of secondary and primary research, with the latter playing a major role. We also have an in-house repository and access to a number of external regional and global paid databases to help address specific requirements of our clients. The research process begins with a holistic secondary research, followed by expert interviews. The information gathered is then comprehensively analyzed by our highly experienced in-house research panel
Thin Wafer Market Revenue Growth and Quantitative Analysis Till 2030
Thin Wafer Market by Wafer Size, Process (Temporary Bonding & Debonding and Carrier-less/Taiko Process), Technology (Grinding, Polishing, and Dicing), Application (MEMS, CIS, Memory, RF Devices, LED), by Region – Global Share and Forecast to 2030
According to the Market Statsville Group (MSG), the global thin wafer market size is expected to grow from USD 10.6 million in 2021 to USD 28.6 million by 2030, at a CAGR of 12.1% from 2022 to 2030.
A thin wafer is a slice of semiconductor material when creating integrated circuits. From the normal thickness of roughly 500 m, semiconductors are now available in ultra-thin variants with a thickness of about 40 m. Suppliers that meet the rising demands of memory discs, consumer electronics, and wireless gadgets make up the thin wafer market. Thin wafers act as support to keep smartphone bundles from being too thick. Thinner wafers can also manage thermal and electronic devices more effectively, which is anticipated to have a beneficial market impact.
Key elements that are attributed to driving the expansion of the thin wafer market are the widespread use of thin wafers and the growing rate of adoption of portable devices. Over the course of the projection period, increased awareness is expected to drive market growth along with the rise of the semiconductor sector. The major driver of the growth of the thin wafer market is the rising demand for semiconductor devices in sectors like telecommunications, consumer electronics, and automotive. The market for thin wafers is anticipated to rise due to growing Micro-Electro-Mechanical Systems (MEMS) technology use in portable health monitoring devices, shrinking electronic device sizes, expanding smartphone and consumer electronics markets, and significant material savings.
Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/thin-wafer-market
COVID-19 Impact on the Global Thin Wafer Market
The demand for key semiconductor end applications has changed as a result of COVID-19, and one of the many industries that have historically been a significant source of high-tech employment has had to adapt its production planning and operations. The thin wafer industry includes producers of Tier 1 and Tier 2 with manufacturing
facilities dispersed across numerous nations globally. These companies produce thin wafers that are utilized in various end markets, including electronics, automotive, medical, and a few others. COVID-19 had an impact on both enterprises in the aforementioned sectors as well as thin wafer industry players' operations. The demand forMEMS products
from the automotive and consumer electronics sectors is also anticipated to decrease.
Consumer expenditure on luxury products has fallen as a result of wearables, smart home systems, and premium cell phones. The product's qualities are given secondary consideration, and basic functionality is emphasized. All of these reasons are anticipated to have a negative impact on the thin wafer market.
Global Thin Wafer Market Dynamics
Drivers: Surging proliferation of MEMS Technology in the Healthcare Industry
MEMS are becoming increasingly in demand as portable medical gadgets, communication systems, and
automotive sensor devices come into play. MEMS may be used in almost all electronic devices due to their small size, significantly contributing to their widespread use in various applications. Thin wafers not only support trends in shrinking mobile devices but also improve their thermal performance.
Remote medical technologies like patient surveillance systems have witnessed an increased demand from medical
experts worldwide as they battle the virus during this pandemic. Huge demand for personal monitoring devices
has also been generated by an increase in global awareness of the situation of COVID-19.
Restraints: Inefficient Maintenance
Efficiency is the major problem businesses are currently having while implementing thin wafers. A thin wafer has poor capability for long-wavelength light absorption, especially if its thickness is less than 50 m. In the case of long wavelengths, the light must travel a great distance before the wafer can entirely absorb it. The main goal in creating a thin wafer was to provide chip makers access to all its advantages, including high performance, low power consumption, and a smaller die area.
Opportunities: Advent of innovative technologies
The introduction of Industry 4.0 and new technologies like IoT and AI in the automobile industry will have a big impact on the expansion of the thin wafer market. The rising need for car connectivity will spur new industry advancements. Additionally, the relevance of linked cars is expanding due to current trends like touch-free human-machine interfaces, which are transforming the automotive industry.
Further, market players are increasing R&D in nanotechnology. Due to their application in creating displays and display glass inspection systems, producers of thin wafers are expanding their glass wafer production capacity. One of glass wafers' main advantages is their low electrical loss.
Further, thinner wafers are less expensive and take less time to produce since they are simpler to create. Manufacturers and end users appreciate the cost-effective qualities of thinner wafers because the electricity they produce is less expensive. Since they have the potential to lower the cost of
manufacturing solar panels, producers in the thin wafers industry are increasing their output capacity
in ultra-thin wafers.
Scope of the Global Thin Wafer Market
The study categorizes the thin wafer market based on wafer size, process, technology, and application at the regional and global levels.
Direct Purchase Report:https://www.marketstatsville.com/buy-now/thin-wafer- market?opt=2950
By Wafer Size Outlook (Sales, USD Billion, 2017-2030)
By Process Outlook (Sales, USD Billion, 2017-2030)
•Temporary Bonding & Debonding
By Technology Outlook (Sales, USD Billion, 2017-2030)
By Application Outlook (Sales, USD Billion, 2017-2030)
By Region Outlook (Sales, USD Billion, 2017-2030)
• The Netherlands
• Czech Republic
• Rest of Europe
• South Korea
• Australia & New Zealand
• Rest of Asia Pacific