Silicon Wafer Market Research and Growth Report

The global silicon wafer market size was estimated at USD 7.21 billion in 2016 and is expected to grow due to the rising use of semiconductors in various industry verticals such as automotive, consumer electronics, medical and military. Silicon wafer is used as a substrate in the fabrication of semiconductor components such as integrated circuits (ICs). Escalating demand for wireless communication devices such as smartphones and tablets is expected to drive the global market.