Global Glass Wafer Market - Forecasts From 2018 to 2023

The global glass wafers market is expected to reach a total market size of US$4.380 billion in 2023, rising from US$1.143 billion in 2017 at a CAGR of 25.09% throughout the forecast period. Glass wafer are integral to integrated circuits and growing demand for ICs will drive the demand for glass wafers. Increasing demand for various consumer electronics including smartphone, laptops and televisions will boost the demand for glass wafers. In addition, proliferation of internet of things solutions will further add to the growing demand for these wafers. Geographically, North America and Europe held a significant market share on account of increasing research and development expenditure for the advancement of glass wafers and the trend towards industrial IoT. The Asia Pacific region will witness substantial growth in the coming years on account of increasing manufacturing activities, favorable government policies promoting the semiconductor industry, improvement in the standard of living and booming research expenditure on biotechnology.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top-down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the value chain of the glass wafers market. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the market.

Major industry players profiled as part of the report are Schott AG, Swift Glass, Corning Incorporated, Sydor Optics, Specialty Glass Products, Hoya Corporation, and Coresix Precision Glass, Inc. among others.

Segmentation

The glass wafers market has been analyzed through the following segments:

By Application

Optical Substrates
MEMS
Electronic Packaging
Micro Lithography
Others

By End User

Electronics
Semiconductor
Biotechnology

By Geography

North America
USA
Canada
Mexico
Others

South America
Brazil
Others

Europe
France
Germany
UK
Italy
Others

Middle East and Africa
UAE
Israel
Saudi Arabia
Others

Asia Pacific
China
India
Japan
South Korea
Others