(1) Introduction to epitaxial wafers
Semiconductor silicon wafers can be divided according to product type, size, etc. According to the product type, it can generally be divided into:Polished wafers, epitaxial wafers, SOI wafersEpitaxial wafers are semiconductor silicon wafers formed by epitaxial growth of polished wafers as substrate materialsAccording to the size, it can generally be divided into:4" (100mm in) (125mm inch) (150mm inch (200mm) vs. 12"(300mm) and so on.
(2) The development status of the epitaxial wafer industry
Downstream application scenarios are constantly enriched
The downstream customers of epitaxial wafer companies are chip manufacturing enterprises, including large-scale integrated wafer foundries and IDM manufacturers focusing on power device manufacturing, analog chip manufacturing and sensor manufacturing. The terminal applications of epitaxial wafers cover many industries such as smart phones, tablet computers, portable devices, Internet of Things, automotive electronics, artificial intelligence, industrial electronics, military, aerospace and so on. With the continuous development of science and technology, new end markets will continue to emerge.
The market size has been steadily increasing
The global epitaxial wafer market is greatly affected by the downstream semiconductor industry. According to CCID consulting statistics, the global semiconductor market size from 2016 to 2021 showed a fluctuating trend, and after maintaining rapid growth for two consecutive years from 2017 to 2018, the market size of epitaxial wafers declined from 2019 to 2020 due to the impact of Sino-US relations and the weak downstream consumer electronics market.
Since the second half of 2020, the application of 5G technology, the development of artificial intelligence, the significant increase in the amount of cloud computing data and the demand for terminal electronic products, as well as the spread of the new crown pneumonia epidemic have driven the information lifestyle of home office and home entertainment, which has promoted the recovery of consumer electronics demand and semiconductor demand, making the global epitaxial wafer market scale rebound significantly in 2021, reaching $8.6 billion. According to CCID Consulting statistics, benefiting from the continuous maturity of 5G technology, artificial intelligence, Internet of Things and other fields, the global epitaxial wafer market will continue to grow in the next few years, and is expected to reach 10.9 billion US dollars in 2025.
Since 2016, the scale of China's epitaxial wafer market has shown a steady upward trend. From 2018 to 2021, the size of China's epitaxial wafer market increased from 7.4 billion yuan to 9.2 billion yuan, with an average annual compound growth rate of 753%, which is higher than the average annual compound growth rate of global epitaxial wafers in the same period, and the market size is expected to reach 11 billion yuan in 2025. As an important terminal market for semiconductor products in the world, China is expected to regulate the epitaxial wafer market in the future.
There is a broad space for domestic substitution
The degree of autonomy of epitaxial wafers in China is still low. According to CCID consultant statistics, in 2021, the demand for 8-inch epitaxial wafers in China will be about 710,000 pieces per month, and the supply will be about 490,000 pieces per monthIn 2021, the demand for 12-inch epitaxial wafers in China will be about 350,000 pieces per month, and the supply will be about 30,000 pieces per month. It is estimated that by 2025, the supply gap of the above-mentioned 8-inch and 12-inch epitaxial wafers will reach 300,000 and 340,000 wafer-month, respectively.
End-use demand affects wafer size
Taking 8-inch silicon wafers as an example, 8-inch silicon wafers have about 1 percent more area than 6-inch silicon wafers78 times, due to the expansion of the silicon wafer area, the number of single silicon wafer chips output has also increased exponentially;In addition, the actual area used by the silicon wafer is mainly concentrated in the middle part, because the edge part is not flat enough and there are defects, and the area where the large-size silicon wafer can be used to make the chip will be larger.
End-market demand has created a demand for wafers of different sizes. As the basic chip material, silicon wafer must have the characteristics of high purity, flatness, cleanliness and low impurity pollution, in order to better maintain the function of the original design of the chip, with the increase in size, the downstream application field of silicon wafer epitaxial wafer is wide, through the making of power devices, analog chips, and finally used in automotive electronics, industrial electronics, consumer electronics, aerospace, security and other fields, the scale of the epitaxial wafer market continues to expand.
Automotive electronics market
Epitaxial wafers can be used in the field of automotive electronics by making IGBTs, MOSFETs and other power devices.
"Electrification + intelligent driving + new energy vehicles"It has become the three core driving forces of the current automotive industry, and automotive electronics has become the fastest growing market in the downstream field of semiconductors. With the acceleration of automotive electronics and intelligence, the growth of automotive semiconductors has accelerated, and the global automotive semiconductor scale will reach $45.6 billion in 2021. In the next few years, with the technological upgrading trend of intelligent driving and new energy vehicles, the scale of global automotive electronics will continue to maintain rapid growth. It is expected that the sub-market will continue to maintain rapid growth. The global industrial electronics market size is expected to reach $89.3 billion by 2025.
Consumer electronics
Epitaxial wafers can be used in the consumer electronics field by fabricating power devices such as MOSFETs and analog chips such as CIS and power management chips (PMICs).
At present, the development of global smartphones is mainly driven by three factors: first, the switch from feature phones to smartphones in emerging markets, secondly, the continuous increase in the penetration rate of 5G mobile phones, and finally, the increase in mobile phone shipments driven by emerging technologies such as folding screens. Thanks to the improvement of 4G networks and the popularization of mobile Internet, the global smartphone industry has experienced rapid development for many years. With the popularity of 5G applications and the growth of demand in emerging markets, the global smartphone market will continue to have a certain market size in the future.
Due to the pandemic, use cases such as courses, remote meetings, shorts, and online games have increased the frequency of tablet useSecondly, more and more factory workshops in China are gradually transforming to digitalization, automation and intelligence, and the application window of tablet computers in the industrial field has also been openedThirdly, the advent of the 5G era has made remote consultation a reality, and the update of medical information software will lead to the upgrading of terminal tablet hardware.
Chapter 1: Overview of the development of the epitaxial wafer industry
1.1. Definition and classification of epitaxial wafer industry.
1.1.1. Industry definition.
1.1.2. Industry product classification.
1.1.3. The main business model of the industry.
1.2. Analysis of the characteristics of the epitaxial wafer industry.
1.2.1. Analysis of the industrial chain.
1.2.2. The position of the epitaxial wafer industry in the industrial chain.
1.3. Analysis of the political and legal environment of the epitaxial wafer industry.
1.3.1. Analysis of industry management system.
1.3.2. The main laws and regulations of the industry.
1.3.3. Industry-related development plans.
1.4. Analysis of the economic environment of the epitaxial wafer industry.
1.4.1. Analysis of the international macroeconomic situation.
1.4.2. Analysis of the domestic macroeconomic situation.
1.4.3. Analysis of the macroeconomic environment of the industry.
1.5. Analysis of the technical environment of the epitaxial wafer industry.
1.5.1. The development level of epitaxial wafer technology.
1.5.2. The status quo and development trend of the main technologies in the industry.
Chapter 2 Lessons from the development experience of the international epitaxial wafer industry and analysis of the operation of typical enterprises
2.1. The overall development of the international epitaxial wafer industry.
2.1.1. Analysis of the development scale of the international epitaxial wafer industry.
2.1.2. Analysis of the market structure of the international epitaxial wafer industry.
2.1.3. Analysis of the competition pattern of the international epitaxial wafer industry.
2.1.4. Market capacity of the international epitaxial wafer industry**.
2.2. Analysis of the development status of major foreign epitaxial wafer markets.
2.2.1. Analysis of the development status of the EU epitaxial wafer industry.
2.2.2. Analysis of the development status of the epitaxial wafer industry in the United States.
2.2.3. Analysis of the development status of the epitaxial wafer industry in Japan.
2.3. Analysis of the operation status of international epitaxial wafer enterprises.
Chapter 3 Development Status of China's Epitaxial Wafer Industry
3.1. The development status of China's epitaxial wafer industry.
3.1.1. The brand development status of the epitaxial wafer industry.
3.1.2. The current situation of the consumer market in the epitaxial wafer industry.
3.1.3. Hierarchical analysis of epitaxial wafer market demand.
3.1.4. Analysis of the market trend of epitaxial wafers in China.
3.2. The development status of China's epitaxial wafer industry.
3.2.12022 Review of the development of China's epitaxial wafer industry.
3.2.Analysis of the development of the epitaxial wafer industry in 2022.
3.2.3Analysis of the characteristics of China's epitaxial wafer market in 2022.
3.2.4. Analysis of the development of China's epitaxial wafer market in 2022.
3.3. Supply and demand analysis of China's epitaxial wafer industry.
3.3.1. Analysis of the total supply of China's epitaxial wafer market in 2022.
3.3.Analysis of the supply structure of China's epitaxial wafer market in 2022.
3.3.3. Analysis of the total market demand for epitaxial wafers in China in 2022.
3.3.4Analysis of the market demand structure of China's epitaxial wafers in 2022.
3. 3.5Analysis of the balance of supply and demand in China's epitaxial wafer market in 2022.
Chapter 4 Analysis of the Economic Operation of China's Epitaxial Wafer Industry
4.1 Analysis of the industry to which epitaxial wafers belong from 2020 to 2022.
4.1.1. Analysis of economic indicators of the industry to which epitaxial wafers belong in 2022.
4.1.Analysis of economic indicators of the epitaxial wafer industry in 2022.
4.Import and export analysis of the industry to which epitaxial wafers belong in 2022.
4.2.1 2020-2022 total import volume of the industry to which epitaxial wafers belong and**.
4.2.2 2020-2022 total export volume of the industry to which epitaxial wafers belong and**.
4.2.3 Statistics of import and export data of the industry to which epitaxial wafers belong from 2020 to 2022.
4.2.4 Outlook for the import and export of epitaxial wafers from 2023 to 2028.
Chapter 5 Analysis of the overall operation indicators of China's epitaxial wafer industry
5.1 Analysis of the overall scale of China's epitaxial wafer industry from 2020 to 2022.
5.1.1. Analysis of the number and structure of enterprises.
5.1.2. Analysis of personnel size.
5.1.3. Analysis of industry asset scale.
5.1.4. Industry market size analysis.
5.2 Analysis of the operation of China's epitaxial wafer industry from 2020 to 2022.
5.2.1. Revenue analysis of China's epitaxial wafer industry.
5.2.2. Cost analysis of the industry to which epitaxial wafers belong in China.
5.2.3. Profit analysis of China's epitaxial wafer industry.
5.3 Overall analysis of the financial indicators of China's epitaxial wafer industry from 2020 to 2022.
5.3.1. Industry profitability analysis.
5.3.2. Analysis of the solvency of the industry.
5.3.3. Analysis of industry operation capabilities.
5.3.4. Analysis of industry development capabilities.
Chapter 6: Competition Situation and Strategies of China's Epitaxial Wafer Industry
6.1. Analysis of the overall market competition in the industry.
6.1.1. Analysis of the competitive structure of the epitaxial wafer industry.
1) Competition between existing firms.
2) Potential entrant analysis.
3) Alternative Threat Analysis.
4) Negotiating power.
5) Customer bargaining power.
6) Summary of the characteristics of the competitive structure.
6.1.2. Analysis of the competition pattern between enterprises in the epitaxial wafer industry.
6.1.3. Analysis of the concentration of epitaxial wafer industry.
6.2. Overview of the competition pattern of China's epitaxial wafer industry.
6.2.1. Competition in the epitaxial wafer industry.
1) The competitive landscape of China's epitaxial wafer industry.
2) The future competitive landscape and characteristics of the epitaxial wafer industry.
3) Epitaxial wafer market entry and competitor analysis.
6.2.2. Analysis of the competitiveness of China's epitaxial wafer industry.
1) Analysis of the competitiveness of China's epitaxial wafer industry.
2) The advantages of market competition of China's epitaxial wafer enterprises.
3) Ways to improve the competitiveness of domestic and foreign extension film enterprises.
6.2.3. Analysis of competition strategy of epitaxial wafer market.
7. China Epitaxial Wafer Industry Regional Market Analysis
7.1. Analysis of epitaxial wafer industry in North China.
7.1.1 Analysis of the current status of industry development from 2020 to 2022.
7.1.2 Market size analysis from 2020 to 2022.
7.1.3 Analysis of market demand from 2023 to 2028.
7.1.4 Industry Trend Analysis 2023-2028**.
7.2. Analysis of epitaxial wafer industry in Northeast China.
7.2.1 Analysis of the current status of industry development from 2020 to 2022.
7.2.2 Market size analysis from 2020 to 2022.
7.2.3 Analysis of market demand from 2023 to 2028.
7.2.4 Industry Trend Analysis 2023-2028**.
7.3. Analysis of epitaxial wafer industry in East China.
7.3.1 Analysis of the current status of industry development from 2020 to 2022.
7.3.2 Market size analysis from 2020 to 2022.
7.3.3 Analysis of market demand from 2023 to 2028.
7.3.4 Industry Trend Analysis 2023-2028**.
7.4. Analysis of epitaxial wafer industry in South China.
7.4.1 Analysis of the current status of industry development from 2020 to 2022.
7.4.2 Market size analysis from 2020 to 2022.
7.4.3 Analysis of market demand from 2023 to 2028.
7.4.4 Industry Trend Analysis 2023-2028**.
7.5. Analysis of epitaxial wafer industry in central China.
7.5.1 Analysis of the current status of industry development from 2020 to 2022.
7.5.2 Market size analysis from 2020 to 2022.
7.5.3 Analysis of market demand from 2023 to 2028.
7.5.4 Industry Trend Analysis 2023-2028**.
7.6. Analysis of epitaxial wafer industry in southwest China.
7.6.1 Analysis of the current status of industry development from 2020 to 2022.
7.6.2 Market size analysis from 2020 to 2022.
7.6.3 Analysis of market demand from 2023 to 2028.
7.6.4 Industry Trend Analysis 2023-2028**.
7.7. Analysis of epitaxial wafer industry in Northwest China.
7.7.1 Analysis of the current status of industry development from 2020 to 2022.
7.7.2 Market size analysis from 2020 to 2022.
7.7.3 Analysis of market demand from 2023 to 2028.
7.7.4 Industry Trend Analysis 2023-2028**.
Chapter 8 Analysis of the Industrial Chain of China's Epitaxial Wafer Industry
8.1. Analysis of the industrial chain of the epitaxial wafer industry.
8.1.1. Analysis of industrial chain structure.
8.1.2. The value-added space of the main links.
8.1.3. Correlation with upstream and downstream industries.
8.2. Analysis of the upstream industry of epitaxial wafers.
8.2.1. Cost composition of epitaxial wafer products.
8.2.2 Development status of the upstream industry from 2020 to 2022.
8.3. Analysis of the downstream industry of epitaxial wafers.
8.3.1. Distribution of epitaxial wafer downstream industries.
8.3.2 Development status of downstream industries from 2020 to 2022.
8.3.3 Downstream industry development trends from 2023 to 2028.
8.3.4. The impact of downstream demand on the epitaxial wafer industry.
Chapter 9 Analysis of Key Development of Epitaxial Wafer Enterprises
9.1. Guangdong Silicon Peak Semiconductor***
9.1.1. Company profile.
9.1.2. Business conditions.
9.1.3. Enterprise profitability.
9.1.4. Enterprise market strategy.
9.2. Shanghai Science and Technology again***
9.2.1. Company profile.
9.2.2. Business conditions.
9.2.3. Enterprise profitability.
9.2.4. Enterprise market strategy.
9.3. Beijing Yingchuang Technology***
9.3.1. Company profile.
9.3.2. Business conditions.
9.3.3. Enterprise profitability.
9.3.4. Enterprise market strategy.
9.4. Beijing Tebo Wande Technology***
9.4.1. Company profile.
9.4.2. Business conditions.
9.4.3. Enterprise profitability.
9.4.4. Enterprise market strategy.
10. Epitaxial Wafer Industry Investment and Trend Analysis**
10.1 Analysis of investment in the epitaxial wafer industry in 2022.
10.1.1.Overall investment structure in 2022.
10.1.2.The scale of investment in 2022.
10.1.3.Investment growth in 2022.
10.14.2022 investment analysis by industry.
10.2. Analysis of investment opportunities in the epitaxial wafer industry.
10.2.1. Analysis of epitaxial wafer investment projects.
10.2.2 New direction of epitaxial wafer investment in 2022.
10.3 Investment suggestions for the epitaxial wafer industry in 2023-2028.
11.3.1 Research on the investment prospect of the epitaxial wafer industry in 2022.
11.3.2 Research on the investment prospect of the epitaxial wafer industry from 2023 to 2028.
11. Analysis of the Development of the Epitaxial Wafer Industry
11.1 Analysis of China's epitaxial wafer market from 2023 to 2028.
11.1.1 The development scale of epitaxial wafers in China from 2023 to 2028**.
11.1.2 Analysis of epitaxial wafer products from 2023 to 2028.
11.2 Supply and demand of China's epitaxial wafer industry from 2023 to 2028**.
11.2.1 2023-2028 China epitaxial wafer supply**.
11.2.2 2023-2028 China's epitaxial wafer demand**.
11.3 Analysis of China's epitaxial wafer market trend from 2023 to 2028.
Chapter 12 Suggestions on Management Strategies for Epitaxial Wafer Enterprises
12.1. Strategies to improve the competitiveness of epitaxial wafer enterprises.
12.1.1. Countermeasures to improve the core competitiveness of China's epitaxial wafer enterprises.
12.1.2. The main direction for epitaxial wafer enterprises to enhance their competitiveness.
12.1.3. Factors affecting the core competitiveness of epitaxial wafer enterprises and ways to improve them.
12.1.4. Strategies to improve the competitiveness of epitaxial wafer enterprises.
12.2. Strategic thinking on China's foreign extended film brands.
12.2.1. The significance of the implementation of brand strategy for epitaxial wafers.
12.2.2. Analysis of the current situation of epitaxial wafer enterprise brand.
12.2.3. The brand strategy of China's epitaxial film enterprises.
12.2.4. The strategy of strategic management of epitaxial wafer brand.