The Global Alumina Wafers Market size is expected to grow from USD$2.03 billion in 2021 to USD$3.26 billion by 2028, at a CAGR of 7.8% during the forecast period. The major driver for this growth is the increasing demand for thin-film circuits and semiconductor processing applications, which are anticipated to increase with growing consumer electronics industry investments in these technologies globally.
Alumina Wafers can be defined as metallic oxide material that is very hard and dense. It has a high melting point, relatively low vapor pressure, and can be made into many shapes or objects. Alumina Wafers are needed to manufacture semiconductors, sensors, and thin-film circuits. They can also be used for other applications such as solar cells, gas separation membranes, catalysts support structures in nuclear fuel rods, and diamond anvils.
On the basis of Types, the market is segmented into 8 Inches, 12 Inches, and others.
8 Inches Alumina Wafers can be defined as alumina wafers that have a diameter of more than 150mm and less than 300 mm. The applications for this type include semiconductor processing, thin-film circuits, an oxygen sensor component, etc.
12 Inches Alumina Wafers can be defined as the wafer used in the semiconductor industry. They are typical of silicon, but can also be ceramic or other materials, such as alumina. As the result of higher power efficiency, it is found that 12-inch Alumina Wafers have replaced most applications requiring alumina wafer with thickness greater than 25 microns but smaller in size as they are also suitable for use at high temperature up to 1200°C or even 1300°C.
On the basis of Application, the market is segmented into Thin Film Circuits, Sensor Component and Semiconductor Processing.
Alumina Wafers are used in thin-film circuits as a substrate material for the circuit. Thin films such as amorphous silicon, zinc oxide, and indium tin oxide can be deposited on the Alumina wafer to form semiconductor devices by a photolithography process. These components have small dimensions which enable them to integrate with other electronic parts like transistors and resistors so that they can make up one chip of processing unit or microprocessor.
Sensor components is a type of electronic devices that measure and convert input into an output signal. The sensor components use different types of materials such as semiconductors, resistors, capacitors, inductors, etc., which determine the accurate measurement in terms of resistance or voltage. Alumina wafers have been used for producing these components since they provide stable performance with a high accuracy rate.
Alumina wafers are used in semiconductor processing. The properties of Aluminium oxide make it an excellent substrate for the deposition and etching processes that occur when manufacturing integrated circuits, such as microprocessors or other electronic devices.
This is typically achieved through a chemical process called CVD, where gases react with each other to form thin films on top of the surface of the chip made from aluminum oxide. This produces patterns that consist of tiny conductive lines connecting transistors together to produce an electric circuit hence why this material is commonly referred to as "semiconducting" aluminum oxide (sapphire).
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to be the largest market for Alumina Wafers, in terms of revenue. Europe is estimated to witness the fastest growth rate during the forecast period due to its strict regulations and increasing demand from the wind power industry.
The key driving factors for the growth of this market are the increasing demand for semiconductor components, the growing production of wafers in the market, and the high adoption rate. The increase in the use of solar panels is another factor that has led to an increased requirement for an alumina wafer that can be used as a substrate material.
In addition, decreasing prices, improvements in technology leading to lower costs per unit and rising consumption across diverse applications such as sensor components and thin-film circuits with new advancements in electronic technologies such as IoT devices/systems driving the need for these materials globally.
Up Market Research published a new report titled “Alumina Wafers Market research report which is segmented by Types (8 inch, 12 inch, Others), By Applications (Thin Film Circuits, Sensor Component, Semiconductor Processing), By Players/Companies Japan Fine Ceramics, Semiconductor Wafer, Inc., NGK Insulators, Nishimura Advanced Ceramics, Inredox”.
Report Attributes | Report Details |
Report Title | Alumina Wafers Market Research Report |
By Type | 8 inch, 12 inch, Others |
By Application | Thin Film Circuits, Sensor Component, Semiconductor Processing |
By Companies | Japan Fine Ceramics, Semiconductor Wafer, Inc., NGK Insulators, Nishimura Advanced Ceramics, Inredox |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 241 |
Number of Tables & Figures | 169 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type 8 inch, 12 inch, Others and By Application Thin Film Circuits, Sensor Component, Semiconductor Processing.
Some of the companies that are profiled in this report are:
Alumina Wafers Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Alumina Wafers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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