Silicon Wafer Market Projected to Reach $25.9 Billion By 2032 | Allied Market Research
The global silicon wafer market was valued at $15.4 billion in 2022, and is projected to reach $25.9 billion by 2032, growing at a CAGR of 5.4% from 2023 to 2032.
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The silicon wafer market is a critical component of the semiconductor industry, driven by demand for electronic devices. Factors such as technological advancements, increasing use in smartphones and IoT devices, and growth in the electronics industry contribute to market expansion.