LONDON–(BUSINESS WIRE)–Sep 23, 2020–
The epi wafer market is expected to grow by USD 2.29 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the epi wafer market in optimistic, probable, and pessimistic forecast scenarios.
Technavio has announced its latest market research report titled Global Epi Wafer Market 2020-2024 (Graphic: Business Wire)
The epi wafer market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.
As the COVID-19 pandemic continues to spread, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through respond, recover and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis and towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build Resilience by making effective resource and investment choices for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Download the Post-Pandemic Business Planning Structure.Click here
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Epi Wafer Market Participants:
SHOWA DENKO K.K. operates its business under various segments such as petrochemicals, chemicals, electronics, inorganics, aluminum, and others. The company offers SiC epitaxial wafer.
Xiamen Powerway Advanced Material Co. Ltd.
Xiamen Powerway Advanced Material Co. Ltd. operates its business under the products segment. The company offers silicon Epi wafer, glass wafer, compound semiconductor wafer and others.
Shin-Etsu Chemical Co. Ltd.
Shin-Etsu Chemical Co. Ltd. has business operations under various segments, namely PVC/chlor-alkali, silicones, specialty chemicals, semiconductor silicon, electronics & functional materials, and processing, trading & specialized services. The company offers crystallized gallium phosphorus (GaP) and gallium arsenide (GaAs), and polished wafer
Epi Wafer Market 2020-2024: Segmentation
Epi Wafer is segmented as below:
- LED semiconductors
- Power semiconductors
- MEMS-based devices
- North America
- South America
The epi wafer market is driven by the easy availability of silicon. In addition, other factors such as an increase in the number of fabless semiconductor companies and M&As are expected to trigger epi wafer market toward witnessing a CAGR of over 11% during the forecast period.
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 09/23/2020 11:15 AM/DISC: 09/23/2020 11:15 AM
Copyright Business Wire 2020.