The wafer foundry is a fab wherein semiconductor chips, or wafers are fabricated for third party companies. Wafer fabrication is composed of repeated sequential processes to manufacture complete electrical or photonic circuits on semiconductor wafers. The high demand for sensors and artificial intelligence create a favorable landscape for the wafer foundry market in the coming years.
MARKET SCOPE
The "Global Wafer Foundry Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the wafer foundry market with detailed market segmentation by type, end user, and geography. The report provides key statistics on the market status of the leading wafer foundry market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
- Based on type, the global wafer foundry market is segmented into LiTaO3, Quartz, LiNbO3, and bonded.
- On the basis of end user, the market is segmented into consumer electronics, automotive, communications, and others.
MARKET DYNAMICS
Drivers:
- The wafer foundry market is anticipated to grow in the forecast period owing to driving factors such as robust demands from various industry sectors such as automotive and consumer electronics.
- New ADAS safety features offer lucrative growth prospects for the key players of the wafer foundry market in the future.
Restraints:
- Economic uncertainty may hamper the growth of the wafer foundry market during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The wafer foundry market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the wafer foundry market in these regions.
IMPACT OF COVID-19 ON WAFER FOUNDRY MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the wafer foundry market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from wafer foundry market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wafer foundry market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Dongbu HiTek
- GLOBALFOUNDRIES
- Hua Hong Semiconductor Limited
- Powerchip Semiconductor Manufacturing Corp.
- Samsung Electronics Co., Ltd.
- Semiconductor Manufacturing International Corporation (SMIC)
- Taiwan Semiconductor Manufacturing Company Limited (TSMC)
- Tower Semiconductor Ltd.
- United Microelectronics Corporation (UMC)
- Vanguard International Semiconductor Corporation (VIS)