Global Glass Wafers market will reach 1340 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/1/30

A glass wafer is a thin piece of semiconductor material, usually borosilicate glass, quartz or fused silica, in the shape of a very thin disc that is used as a base for fabricating electronic integrated circuits (ICs) and silicon-based photovoltaic cells. The glass wafer serves as the substrate for most microelectronic circuits and goes through many processes, such as doping, implantation and etching, before the final product of an integrated circuit is completed.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The industry is expected to remain innovation-led, with frequent acquisitions and strategic alliances adopted as the key strategies by the players to increase their industry presence. Market stays in mature period with a clear concentration. Meanwhile, optimize product mix and further develop value-added capabilities to maximize margins. Manufacturers can take advantage of this situation by reinforcing their production units and supply-chains to avoid any delay in production turn-around-times (TAT) and supply-lead-times.

The global Glass Wafers market is valued at 310 million US$ in 2017 and will reach 1340 million US$ by the end of 2025, growing at a CAGR of 19.9% during 2018-2025.

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