North America Glass Wafers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Application (CMOS image sensor, Integrated Circuit (IC) Packaging, LED, Microfluidics, FO-WLP, MEMs and RF), End Use (Energy, IT & Telecommunication, Consumer Electronics, Aerospace & Defense, Automotive, Healthcare and Biotechnology)
Market Introduction
A glass wafer is basically a very thin disc that is used as a base for manufacturing integrated circuits and also for protection in consumer electronics. The glass wafer is usually made up of quartz, borosilicate glass or fused silica. These wafers are used in a wide variety of industrial and technical applications. Glass wafer has various properties such as the borosilicate glass provides a higher chemical stability against water or any other type of chemical. The North American glass wafer market is expected to experience brisk growth during the forecast period growth due to the adoption of glass wafers in the consumer electronics industry. Glass wafers are mostly used in the consumer electronics industry for mobile devices and wearables, imaging and projection, home and electrical appliances. There has been an increased use of sensors in consumer electronic devices which has led to an increase usage of glass wafer because it is used to make sensing applications. Moreover, the enormous growth of the consumer electronics industry in North America along with huge production demand is anticipated to have a positive impact on the industry growth in the upcoming years in the region.
In case of COVID-19, in North America, especially the US, witnessed an unprecedented rise in number of coronavirus cases, which led to the discontinuation of glass wafers manufacturing activities; other glass components manufacturing sector has subsequently impacted the demand for glass wafers during the early months of 2020. Moreover, decline in the overall manufacturing activities has led to discontinuation of glass equipment manufacturing projects, thereby reducing the demand for glass wafers. Similar trend was witnessed in other North American countries, i.e., Canada and Mexico. However, the countries are likely to overcome thus drop in demand with the economic activities regaining their pace, especially in the beginning of the 2021.
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Market Overview and Dynamics
The glass wafers market in North America is expected to grow from US$ 55.88 million in 2020 to US$ 103.78 million by 2028; it is estimated to grow at a CAGR of 7.9% from 2021 to 2028. There has been a rise in the demand for glass wafers from the North America region due to the rise in the automotive industry. The demand for electrification of vehicles, along with increased connectivity, will lead to increased research and development in the industry. New technologies such as Advanced Driver – Assistance System as well as autonomous driving will lead to increase demand for glass wafers in the automotive industry. The light detection and ranging (LiDAR) technology which is an integral part of the autonomous driving revolution, involves micro-optics which are needed in order to detect the nature and proximity of surrounding objects. The glass wafer substrates help in maximizing the reliability and performance of sensitive LiDAR MEMS mirrors and high-power lasers by protecting them from heat and harsh environments and keeping out moisture, dust, and gases. The glass wafers are used as a packaging solution for the integrated circuit as it provides enhanced technical performance. Thus, an increase in demand from North America will become an opportunity for the glass wafer market.
Key Market Segments
In terms of application, the CMOS image sensor segment accounted for the largest share of the North America glass wafers market in 2020. In terms of end user, the consumer electronics segment held a larger market share of the glass wafers market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the glass wafers market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Schott AG, AGC Inc., Corning Incorporated, Plan Optik AG, Bullen, Nippon Electric Glass Co. Ltd., Samtec Inc., Coresix Precision Glass Inc., Swift Glass and Shin-Etsu Chemical Co., Ltd.
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- To understand the North America glass wafers market landscape and identify market segments that are most likely to guarantee a strong return
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- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America glass wafers market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Glass wafers Market Segmentation
North America Glass Wafers Market - Application
- CMOS Image Sensor
- Integrated Circuit (IC) Packaging
- LED
- Microfluidics
- FO-WLP
- Mems and RF
- Others
North America Glass wafers Market – By End Use
- Energy
- IT and Telecommunication
- Consumer Electronics
- Aerospace and Defense
- Automotive
- Healthcare and Biotechnology
- Others
North America Glass Wafers Market - By Country
- US
- Canada
- Mexico
North America Glass Wafers Market - Company Profiles
- Schott AG
- AGC Inc.
- Corning Incorporated
- Plan Optik AG
- Bullen
- Nippon Electric Glass Co. Ltd.
- Samtec Inc.
- Coresix Precision Glass Inc.
- Swift Glass
- Shin-Etsu Chemical Co., Ltd.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. North America Glass Wafers Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Expert Opinion
5. North America Glass Wafers Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increments in the Adoption of MEMs Technology
5.1.2 Application of Glass Wafer in Various Industries
5.2 Restraint
5.2.1 High set-up cost
5.3 Opportunity
5.3.1 Increasing demand in North America
5.4 Future Trend
5.4.1 Innovative Applications for Glass Wafer
5.5 Impact Analysis of Drivers and Restraints
6. Glass Wafers – North America Market Analysis
6.1 Glass Wafers Market Overview
6.2 North America Glass Wafers Market –Revenue and Forecast to 2027 (US$ Million)
7. North America Glass Wafer Market Analysis – By Application
7.1 Overview
7.2 North America Glass Wafer Market Breakdown, By Application, 2020 & 2028
7.3 CMOS Image Sensor
7.3.1 Overview
7.3.2 CMOS Image Sensor: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
7.4 Integrated Circuit Packaging
7.4.1 Overview
7.4.2 Integrated Circuit Packaging: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
7.5 LED
7.5.1 Overview
7.5.2 LED: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
7.6 MEMs and RF
7.6.1 Overview
7.6.2 MEMs and RF: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
7.7 Microfluidics
7.7.1 Overview
7.7.2 Microfluidics: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
7.8 FO WLP
7.8.1 Overview
7.8.2 FO WLP: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
7.9 Other Applications
7.9.1 Overview
7.9.2 Other Applications: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8. North America Glass wafer Market Analysis – By End Use
8.1 Overview
8.2 Glass Wafer Market Breakdown, By End Use2020 & 2028
8.3 Energy
8.3.1 Overview
8.3.2 Energy: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8.4 IT and Telecommunications
8.4.1 Overview
8.4.2 IT and Telecommunications: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8.5 Consumer Electronics
8.5.1 Overview
8.5.2 Consumer Electronics: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8.6 Aerospace and Defense
8.6.1 Overview
8.6.2 Aerospace and Defense: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8.7 Automotive
8.7.1 Overview
8.7.2 Automotive: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8.8 Healthcare and Biotechnology
8.8.1 Overview
8.8.2 Healthcare and Biotechnology: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
8.9 Other End-Use
8.9.1 Overview
8.9.2 Others End-Use: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
9. North America Glass Wafer Market – Country Analysis
9.1 Overview
9.1.1 North America: Glass wafer Market, by Key Country
9.1.1.1 US: Glass wafer Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 US: Glass Wafer Market, by Application
9.1.1.1.2 US: Glass Wafer Market, by End Use
9.1.1.2 Canada: Glass wafer Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Canada: Glass wafer Market, by Application
9.1.1.2.2 Canada: Glass wafer Market, by End Use
9.1.1.3 Mexico: Glass wafer Market –Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Mexico: Glass wafer Market, by Application
9.1.1.3.2 Mexico: Glass wafer Market, by End Use
10. Overview- Impact of COVID-19 on North America Glass Wafers Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Product Launch
11.3 Product News
11.4 Partnership
11.5 Expansion
12. Company Profiles
12.1 SCHOTT AG
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 AGC Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Corning Incorporated
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Plan Optik AG
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 BULLEN
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Nippon Electric Glass Co.,Ltd.
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 SAMTEC, Inc.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Shin-Etsu Chemical Co., Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Coresix Precision Glass, Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Swift Glass
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About the Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. North America Glass Wafers Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. US Glass Wafers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 3. US Glass Wafers Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 4. Canada Glass Wafers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Glass Wafers Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 6. Mexico Glass Wafers Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Glass Wafers Market, by End-Use – Revenue and Forecast to 2028 (USD Million)
Table 8. Glossary of Terms, Glass Wafers Market
LIST OF FIGURES
Figure 1. Glass Wafers Market Segmentation
Figure 2. North America Glass Wafers Market Segmentation – By Country
Figure 3. North America Glass Wafers Market Overview
Figure 4. Consumer Electronics Segment Held Largest Share of North America Glass Wafers Market
Figure 5. US Held Largest Share of North America Glass Wafers Market
Figure 6. North America Glass Wafers Market, Key Market Players
Figure 7. North America PEST Analysis
Figure 8. Expert Opinion
Figure 9. North America Glass Wafer Market Impact Analysis of Drivers and Restraints
Figure 10. North America: Glass Wafers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. North America Glass Wafer Market Breakdown, By Application, 2020 & 2028
Figure 12. CMOS Image Sensor: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 13. Integrated Circuit Packaging: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 14. LED: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 15. MEMs and RF: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 16. Microfluidics: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 17. FO WLP: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 18. Other Applications: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 19. Glass Wafer Market Breakdown, By End Use, 2020 & 2028 (%)
Figure 20. Energy: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 21. IT and Telecommunications: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 22. Consumer Electronics: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 23. Aerospace and Defense: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 24. Automotive: Glass Wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 25. Healthcare and Biotechnology: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 26. Other End-Use: Glass wafer Market – Revenue, and Forecast to 2028 (US$ Million)
Figure 27. North America: Glass Wafers Market, by Key Country – Revenue (2020) (USD Million)
Figure 28. North America: Glass wafer Market Revenue Share, by Key Country (2020 and 2028)
Figure 29. US: Glass wafer Market –Revenue and Forecast to 2028 (US$ Million)
Figure 30. Canada: Glass wafer Market –Revenue and Forecast to 2028 (US$ Million)
Figure 31. Mexico: Glass wafer Market –Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in North American Country Markets
- Schott AG
- AGC Inc.
- Corning Incorporated
- Plan Optik AG
- Bullen
- Nippon Electric Glass Co. Ltd.
- Samtec Inc.
- Coresix Precision Glass Inc.
- Swift Glass
- Shin-Etsu Chemical Co., Ltd.
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America Glass Wafers market.
- Highlights key business priorities in order to assist companies to realign their business strategies
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- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the Glass Wafers market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution