The resistivity silicon wafers market is anticipated to witness lucrative opportunities in the forthcoming years. This growing demand for resistivity silicon wafers is on the back of different factors. Increasing demand for customer electronics in different countries across the globe serves as a major factor to boost market demand. In addition, the rising use of smartphones among a considerable number of people brings tremendous expansion opportunities in the resistivity silicon wafers market.
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Basically, silicon wafer works as a fine share of crystal semiconductors. There are a variety of semiconductors that are available in the market for various applications. Among these, the resistivity silicon wafers hold a prominent position in the market. These wafers provide high resistivity.
High Resistivity Silicon Wafers Market – Key Segmentation
On the basis of product type, the resistivity silicon wafers are divided into different segments such as silicon on insulator wafers, double side polished wafers, single side polished wafers, and some others. Further, based on production technology, the market of resistivity silicon wafers is bifurcated into MCz, FZ, standard Cz, ultra-low Oi A-MCz, and others.
The resistivity silicon wafers are commonly applied in different end-use industries such as telecommunications, security systems, power electronics, healthcare, consumer electronics, and others. This extensive application of these wafers is anticipated to bolster demand in the resistivity silicon wafers market.
There is an increase in the demand for infrared applications on the back of growing security concerns in different places such as offices, airports, hotels, hospitals, and others. This factor is anticipated to boost demand opportunities in the resistivity silicon wafers market. In addition, the increasing development in the field of consumer electronics is also boosting opportunities in the market. These modern devices come with infrared sensors and detectors and provide opportunities in the resistivity silicon wafers market.
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The outbreak of COVID-19 has also impacted the growth impetus in the resistivity silicon wafers market. But the adoption of different strategies is anticipated to boost demand in the market.