Thin Wafer Market Segmentation:
Application Segment Analysis
The LEDs segment in the thin wafer market is anticipated to gamer the highest revenue by 2035. The growth of the segment is led by the growing production of LEDs. While many nations started phasing out incandescent bulbs more than 10 years ago, several are currently starting to do the same with fluorescent lighting so that LEDs eventually become the dominant lighting technology. The semiconductor layers in the LED are made from these wafers, which are subsequently cut into tiny chips. The performance of the LED could be influenced by the wafer's thickness. Employing thinner wafers, such as those constructed of GaN or SiC, may enhance the performance of the power components used in LEDs, including the switching speed, thermal conductivity, and breakdown strength.
Type Segment Analysis
The 300mm segment in the thin wafer market is expected to have significant growth with a share of 50 % during the forecast timeline. The segmental growth is credited to the growing demand for consumer electronics. The exponential use of 300 mm wafers in LED applications is fueling the growth of the market globally owing to the better performance offered by these wafers. A significant rise in demand for 300mm wafers is set to lead to an increase in the number of active 300mm wafer manufacturing facilities. Achieving economies of scale and raising the profitability of these wafers is becoming increasingly important for top LED makers. Additionally, the expansion of the 300mm wafer manufacturing sector is being aided by the increasing number of operational facilities.
Our in-depth analysis of the global thin wafer market includes the following segments:
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