North America Glass Wafers Market Growth Opportunities and Forecast by 2028

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.

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.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America glass wafers market. The North America glass wafers market is expected to grow at a good CAGR during the forecast period. Glass wafers have now increasingly been used in various industries such as consumer electronics, healthcare and biotechnology, automotive, aerospace and defense, IT and telecommunications, and many more. The rise in demand for compact electronics across the world has led to a high degree of miniaturization. Glass wafers are used as a carrier substrate in the production of semiconductor wafers which has become an essential part of most electronic products such as tablets, mobiles, wearable devices, etc. There are many electronic devices such as laptops, smartphones which use integrated circuits and semiconductors, which increases the demand for glass wafer. In the automotive industry, the glass wafer is mostly used for the protection of exterior lights, used in the automated driving system, and also in the communication systems of vehicles. In the aerospace and defense sector, the glass wafer is mostly used in commercial sensing. It is also used for navigation and displays, as well as for electronics and sensors. The increase in the demand for high memory applications in industries is going to drive the glass wafer market.

North America Glass Wafers Market Segmentation         

 
North America Glass Wafers Market – By 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-Companies Mentioned

• 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.

North America Glass Wafers Report Scope