Silicon Wafers Market Report CMR 2023-2024 (Single User License)

Description

This report covers the silicon wafer market and supply-chain for those wafers used in semiconductor device fabrication. The report contains data and analysis from TECHCET’s data base and Sr. Analyst experience, as well as that developed from primary and secondary market research. SOI is also covered as it is a growing portion of the overall supply-chain of semiconductor device substrates. SiC wafers is also included for an in-depth look at silicon carbide wafers and SiC manufacturing, we recommend the reader obtain TECHCET’s Report on Silicon Carbide Wafers and Manufacturing Challenges. This Critical Materials Report™ (CMR) provides focused information for supply-chain managers, process integration and R&D directors, as well as business development managers, and financial analysts. The report covers information about key suppliers, issues/trends in the material supply chain, estimates on supplier market share, and forecast for the material segments.

Featured Press Release on Silicon Wafers Market Updates and Report Highlights:

Silicon Wafers Supply Swinging Back to Positive for 2023

Table of Contents:

Click here for a PDF download of the full table of contents

1 EXECUTIVE SUMMARY	10 
1.1 WAFER BUSINESS – MARKET OVERVIEW 				11
1.2 MARKET TRENDS IMPACTING 2023 OUTLOOK 			12
1.3 WAFER BUSINESS – MARKET OVERVIEW 				13
1.4 FIRST QUARTER 2023 FINANCIALS OF TOP 5 			14
1.5  WAFER SEGMENT TRENDS 					15
1.6  SILICON WAFER 5-YEAR FORECAST BY REVENUES 			16
1.7  TECHNOLOGY TRENDS 						17
1.8  COMPETITIVE LANDSCAPE 					18
1.9  EHS ISSUES/CONCERNS 					19
1.10  ANALYST ASSESSMENT 					20

2 SCOPE, PURPOSE AND METHODOLOGY    23
2.1 SCOPE 							24
2.2 PURPOSE 							25
2.3 METHODOLOGY 						26
2.4 OVERVIEW OF OTHER TECHCET CMR™ REPORTS 			27

3 SEMICONDUCTOR INDUSTRY MARKET STATUS & OUTLOOK 	28
3.1 WORLDWIDE ECONOMY 						29
3.1.1 SEMICONDUCTOR INDUSTRIES TIES TO THE GLOBAL ECONOMY 	31
3.1.2 SEMICONDUCTOR SALES GROWTH				32
3.1.3 TAIWAN MONTHLY SALES TRENDS				33
3.1.4 UNCERTAINTY ABOUNDS ESPECIALLY FOR 2023 - SLOWER TO 
NEGATIVE SEMICONDUCTOR  REVENUE GROWTH EXPECTED			34
3.2 CHIPS SALES BY ELECTRONIC GOODS SEGMENT 			35
3.2.1 SMARTPHONES 						36
3.2.2 PC UNIT SHIPMENTS 					37
3.2.3  SERVERS / IT MARKET					40
3.3 SEMICONDUCTOR FABRICATION GROWTH & EXPANSION 		41
3.3.1 FAB EXPANSION ANNOUNCEMENT SUMMARY			42
3.3.2 WW FAB EXPANSION DRIVING GROWTH 				44
3.3.3 EQUIPMENT SPENDING TRENDS					45
3.3.4 TECHNOLOGY ROADMAPS					46
3.3.5 FAB INVESTMENT ASSESSMENT					47
3.4 POLICY & TRADE TRENDS AND IMPACT				48 
3.5 SEMICONDUCTOR MATERIALS OVERVIEW 				49
3.5.1 COULD MATERIALS CAPACITY LIMIT CHIP 
PRODUCTIONSCHEDULES?						50
3.5.2 LOGISTICS ISSUES EASED DOWN 				51
3.5.3 TECHCET WAFER STARTS FORECAST THROUGH 2027		52
3.5.4 TECHCET’S MATERIAL FORECAST				53

4 WAFERS MARKET TRENDS	54
4.1 MARKET TRENDS – OUTLINE 					55
4.1.1 2022 WAFER MARKET LEADING INTO 2023			56
4.1.2 WAFER MARKET OUTLOOK					57
4.1.3 TRENDS - SILICON WAFER SHIPMENTS DECLINED IN 1Q2023	58
4.2 SILICON WAFER SUPPLY CAPACITY AND DEMAND, INVESTMENTS 
- OUTLINE 							60
4.2.1 SILICON WAFER PRODUCTION CAPACITY 			61
4.2.2 SILICON WAFER PRODUCTION CAPACITY – EXPANSIONS		62
4.2.3 INVESTMENT ANNOUNCEMENTS- OVERVIEW			63
4.2.4 INVESTMENT ACTIVITY COMMENTS				65
4.2.5 SILICON WAFER PRODUCTION CAPACITY – REGIONAL 		66
4.2.6 SILICON WAFER PRODUCTION CAPACITY – 300 MM CAPACITY 
FOR SUPPLIERS 							67
4.2.7 SILICON WAFER PRODUCTION CAPACITY – CHINA			68
4.2.8 SUPPLY VS. DEMAND OF 200 MM AND CHINA’S IMPACT		73
4.2.9 SUPPLY VS. DEMAND OF 300 MM				74
4.3 TECHNICAL DRIVERS / MATERIAL CHANGES AND TRANSITIONS 
- OUTLINE 							75
4.3.1 GENERAL WAFER TECHNOLOGY OVERVIEW				76
4.3.2  SOI AND OTHER ENGINEERED SUBSTRATES AND APPLICATIONS	77
4.3.3 SIC WAFERS						78
4.4 REGIONAL TRENDS 						81
4.4.1 REGIONAL TRENDS AND DRIVERS				82
4.5 EHS AND LOGISTIC ISSUES  					84
4.5.1 EHS ISSUES						85

5 SUPPLIER MARKET LANDSCAPE 86
5.1  MARKET STATISTICS & FORECASTS - OUTLINE 			87
5.1.1 WAFER MARKET REVENUES ESTIMATE AND FORECAST, SILICON 
AND SOI								88
5.1.2  SILICON WAFER REVENUES ASP TRENDS			89
5.1.3  SILICON WAFER FORECASTS – WAFER SHIPMENT 5-YEAR FORECAST 
BY DIAMETER							90
5.1.4  SILICON WAFER FORECASTS – QUARTERLY WAFER SHIPMENT 
FORECAST THROUGH 4Q2023 BY DIAMETER				91
5.1.5  SUPPLY VS. DEMAND BALANCE  – 300 MM			93
5.1.6  SUPPLY VS. DEMAND BALANCE  – 200 MM			94
5.1.7  EPITAXIAL SILICON WAFERS FORECASTS - ANNUAL SILICON 
EPI WAFER SHIPMENT FORECAST SUMMARY				95
5.1.8  SOI WAFERS – 5 YEAR REVENUE FORECAST			98
5.1.9 SILICON WAFER MARKET SHARE				99
5.1.10  FIRST QUARTER 2023  - SUPPLIERS’ ACTIVITY & REPORTED 
REVENUES							100 
5.2 M&A ACTIVITY AND PARTNERSHIPS 				108
5.2.2 SIC INVESTMENTS & PARTNERSHIPS – SIC			109
5.3 PLANT CLOSURES 						110
5.4 NEW ENTRANTS 						111
5.5 SUPPLIERS OR PARTS/PRODUCT LINES THAT ARE AT RISK OF 
DISCONTINUATIONS 						112
5.6 PRICING TRENDS 						113
5.6.1 WAFER PRICING TRENDS 					114
5.6.2 WAFER PRICING TREND GRAPH					115
5.7 TECHCET ANALYST ASSESSMENT 					116
5.7.1 ASSESSMENT OF WAFER SUPPLIERS				117

6 SUB TIER SUPPLY-CHAIN, POLYSILICON 119
6.1 SUB TIER SUPPLY-CHAIN: SOURCES & MARKETS 			120
6.1.1 POLYSILICON MARKET BACKGROUND				121
6.1.2 POLYSILICON MARKET TRENDS					122
6.1.3  POLYSILICON SOLAR VS. SEMICONDUCTOR GRADE 		123
6.1.4 SEMICONDUCTOR GRADE POLYSILICON DEMAND			124
6.1.5 SUB-TIER SUPPLY-CHAIN: POLYSILICON MARKET SHARE		125
6.1.6 SEMICONDUCTOR-GRADE POLYSILICON SUPPLIERS			126
6.1.7 SEMICONDUCTOR-GRADE POLYSILICON SUPPLIER NEWS`		127
6.2 SUB-TIER SUPPLY-CHAIN: DISRUPTIONS 				130
6.2.1 SUB-TIER SUPPLY-CHAIN: DISRUPTIONS			131
6.3 SUB-TIER SUPPLY-CHAIN M&A ACTIVITY 				132
6.4 SUB-TIER SUPPLY-CHAIN EHS AND LOGISTICS ISSUES 		133
6.5 SUB-TIER SUPPLY-CHAIN “NEW” ENTRANTS 			134
6.6 SUB-TIER SUPPLY-CHAIN PLANTS UPDATES 			135
6.7 SUB-TIER SUPPLY-CHAIN PLANT CLOSURES 			136
6.8 SUB-TIER SUPPLY-CHAIN PRICING TRENDS 			137
6.8.1 SUB-TIER SUPPLY-CHAIN - POLYSILICON PRICING		138
6.9 SUB-TIER SUPPLY-CHAIN TECHCET ANALYST ASSESSMENT		139 
6.9.1 SUB-TIER SUPPLY-CHAIN - ANALYST ASSESSMENT		140

7 SUPPLIER PROFILES 141
CENGOL
CETC
CHONGQING AST
CREE/WOLFSPEED
ESWIN
GLOBALWAFERS
…and 15+ more

8 APPENDIX 217
LIST OF FIGURES
FIGURE 1: SILICON WAFER AREA SHIPMENTS				13
FIGURE 2: COMBINED REVENUES OF SEH, SUMCO, SAS-GLOBALWAFERS, 
SILTRONIC, SK SILTRON						14
FIGURE 3: TOTAL SILICON WAFER MARKET REVENUES			16
FIGURE 4: 2022 WAFER SUPPLIER MARKET SHARE BY REVENUE		18
FIGURE 5: GLOBAL ECONOMY AND THE ELECTRONICS SUPPLY CHAIN 
(2022)								31
FIGURE 6: WORLDWIDE SEMICONDUCTOR SALES 			32
FIGURE 7: TECHCET’S TAIWAN SEMICONDUCTOR INDUSTRYINDEX (TTSI)* 33
FIGURE 8: 2023 SEMICONDUCTOR INDUSTRY REVENUE GROWTH FORECASTS	34
FIGURE 9: 2022 SEMICONDUCTOR CHIP APPLICATIONS			35
FIGURE 10: MOBILE PHONE SHIPMENTS WW ESTIMATES 			36
FIGURE 11: WORLDWIDE PC AND TABLET FORECAST			37
FIGURE 12: ELECTRIFICATION TREND BY WORLD REGION 		38
FIGURE 13: SEMICONDUCTOR AUTOMOTIVE PRODUCTION			39
FIGURE 14: TSMC PHOENIX INVESTMENT ESTIMATED WILL BE US $40 B	41
FIGURE 15: CHIP EXPANSIONS 2022-2027 US $366 B			42
FIGURE 16: SEMICONDUCTOR CHIP MANUFACTURING REGIONS OF 
THE WORLD							44
FIGURE 17: GLOBAL TOTAL EQUIPMENT SPENDING BY SEGMENT (US$ B)	45
FIGURE 18: OVERVIEW OF ADVANCED LOGIC DEVICETECHNOLOGY ROADMAP  46
FIGURE 19: INTEL OHIO PLANT SITE FEB. 2023 AND ARTIST RENDERING 
(ON BOTTOM)							47
FIGURE 20: EUROPE CHIP EXPANSION UPSIDE				50
FIGURE 21: PORT OF LA						51
FIGURE 22: TECHCET WAFER START FORECAST BY NODE SEGMENTS**	52
FIGURE 23:  GLOBAL SEMICONDUCTOR MATERIALS OUTLOOK		53
FIGURE 24: WW QUARTERLY SILICON AREA WAFER SHIPMENTS		58
FIGURE 25: QUARTERLY WAFER SHIPMENTS FOR 200 MM & 300 MM	59
FIGURE 26:  POTENTIAL IMPACT OF CHINA SUPPLIERS ON 200 MM 
WAFER CAPACITY							73
FIGURE 27: 300 MM WAFER SUPPLY/DEMAND FORECAST			74
FIGURE 28: SOI WAFER APPLICATIONS				77
FIGURE 29: SIC WAFERING						78
FIGURE 30: SILICON CARBIDE SEMI-INSULATING WAFER DEMAND		79
FIGURE 31: 2022 WAFER SUPPLIER MARKET SHARE BY REVENUE		80
FIGURE 32: GLOBAL SILICON WAFER REVENUES			88
FIGURE 33: AGGREGATED ASP TRENDS AND SILICON REVENUES 
(EXCLUDING SOI)							89
FIGURE 34: WAFER SHIPMENT FORECAST BY DIAMETER			90
FIGURE 35: WAFER SHIPMENTS FORECAST THROUGH 4Q2023 BY DIAMETER  91
FIGURE 36: 300 MM WAFER SUPPLY/DEMAND FORECAST (PREVIOUSLY 
SHOWN IN SECTION 4.3 – PROVIDED HERE FOR COMPLETENESS.)		93
FIGURE 37: 200 MM WAFER SUPPLY/DEMAND FORECAST			94
FIGURE 38: EPI WAFER AREA SHIPMENT FORECAST			96
FIGURE 39: 300 MM EPI WAFER SUPPLY/DEMAND (PREVIOUSLY PROVIDED 
IN SECTION 4.3. PROVIDED HERE FOR COMPLETENESS)			97
FIGURE 40: SOI WAFER REVENUE FORECAST				98
FIGURE 41: 2022 WAFER SUPPLIER MARKET SHARE BY REVENUE		99
FIGURE 42: TOP 5 WAFER MAKERS’ QUARTERLY WAFER SALES COMBINED 
REVENUES OF SEH, SUMCO, SAS-GLOBALWAFERS, SILTRONIC, SK SILTRON	101
FIGURE 43: SEH’S ELECTRONIC MATERIAL SALES FY ENDING 
MARCH 31, 2022  						102
FIGURE 44: SUMCO’S CY1Q2023 SUMMARY				103
FIGURE 45: GLOBALWAFERS QUARTERLY SALES TRENDS			104
FIGURE 46: SILTRONIC’S CY1Q2023 SUMMARY				105
FIGURE 47: SK SILTRON’S CY1Q2022 SUMMARY			106
FIGURE 48: SOITEC FYQ4 2023 SALES 				107
FIGURE 49: WORLDWIDE SILICON ASP TRENDS (EXCLUDING SOI)		113
FIGURE 50: AGGREGATED WAFER PRICING TRENDS BY DIAMETER		115
FIGURE 51: POLYSILICON DEMAND SEMICONDUCTOR VS. SOLAR 		123
FIGURE 52: POLYSILICON DEMAND FORECAST FOR SEMICONDUCTOR 
WAFERS								124
FIGURE 53: ENERGY COST TRENDS (REPORTED BY WACKER IN ITS 1Q 
2023 REPORT)							128
FIGURE 54: PRICE TREND IN SOLAR POLYSILICON 			138

LIST OF TABLES
TABLE 1: WAFER MARKET GROWTH OVERVIEW				11
TABLE 2: GLOBAL GDP AND SEMICONDUCTOR REVENUES*			29
TABLE 3: IMF ECONOMIC OUTLOOK* 					30
TABLE 4: DATA CENTER SYSTEMS AND COMMUNICATION SERVICES MARKET 
SPENDING 2022							40
TABLE 5: OVERVIEW OF ANNOUNCED 2023 WAFER SUPPLIER INVESTMENTS	63
TABLE 6: OVERVIEW OF ANNOUNCED 2023 WAFER SUPPLIER INVESTMENTS, 
CONTINUED							64
TABLE 7: WAFER SUPPLIER MANUFACTURING LOCATIONS 		66
TABLE 8: ESTIMATED 300 MM PRIME WAFER PRODUCTIONCAPACITY SHARE	67
TABLE 9: ESTIMATED CHINA SUPPLIER CAPACITY SHARE		68
TABLE 10: CHINA WAFER SUPPLIER 300 MM STATUS			69
TABLE 11: CHINA WAFER SUPPLIER 300 MM STATUS, CONTINUED		70
TABLE 12: CHINA WAFER SUPPLIER 200 MM STATUS			71
TABLE 13: ESTIMATED 200 MM WAFER CAPACITY CHINA SUPPLIERS	72
TABLE 14: REGIONAL WAFER MARKETS				82
TABLE 15: REGIONAL WAFER MARKETS, CONTINUED			83
TABLE 16: TOTAL WAFER SHIPMENT GROWTH RATES BY DIAMETER		92
TABLE 17: EPITAXIAL WAFER SHIPMENT GROWTH RATES BY DIAMETER	95
TABLE 18: 1Q2023 QUARTERLY WAFER SUPPLIER SALES (IN LOCAL 
REPORTING CURRENCY)						100
TABLE 19: ESTIMATED 2022 POLYSILICON SUPPLIER RANKING		125
TABLE 20: SEMICONDUCTOR –GRADE POLYSILICON SUPPLIERS		126
TABLE 21: SEMICONDUCTOR –GRADE POLYSILICON SUPPLIERS IN CHINA	127
TABLE 22: WAFER TECHNOLOGY TRENDS				218
TABLE 23: GENERAL TRENDS AND ISSUES				219