Anodic Aluminum Oxide Wafer Market Expected to Reach $576.6 Million, Globally, By 2031 at 22.7% CAGR: Allied Market Research - Yahoo Finance

Surge successful adoption of user electronics devices and emergence successful request for ultra-thin wafers thrust the maturation of the planetary anodic aluminum oxide wafer market.

, /PRNewswire/ -- Allied Market Research published a report, titled, "Anodic Aluminum Oxide Wafer Market By Wafer Type (6 inch, 8 inch, 12 inch, and Others), Application (Consumer Electronics, Pharmaceuticals, Industrial, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the planetary anodic aluminum oxide wafer manufacture generated $75.4 million successful 2021, and is anticipated to make $576.6 million by 2031, witnessing a CAGR of 22.7% from 2022 to 2031.

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Prime determinants of maturation

Surge successful adoption of user electronics devices and emergence successful request for ultra-thin wafers thrust the maturation of the planetary anodic aluminum oxide wafer market. However, rise successful concerns related to complexities successful manufacturing restricts the marketplace growth. On the different hand, emergence successful usage of wafers successful the automotive manufacture contiguous caller opportunities successful the coming years.

Report Coverage and Details:

COVID-19 Scenario:

• The outbreak of the Covid-19 pandemic had a antagonistic interaction connected the planetary anodic aluminum oxide wafer market, arsenic economical interaction of the pandemic has been disruptive.

• With governments of respective nations imposing and extending lockdowns, accumulation and manufacturing facilities crossed the globe person been unopen down, owing to situation and unavailability of workforce.

• Considering the inputs from assorted manufacture experts belonging to the assorted stages of the worth chain, specified arsenic OEMs, suppliers, integrators, extremity users, and distributors, and the fiscal merchandise of assorted companies successful the anodic aluminum oxide wafer ecosystem, it is calculated that the marketplace has experienced a diminution during 2019–2020.

• Furthermore, the outbreak of the pandemic has disrupted the planetary proviso chain, thereby creating important spread successful proviso chain.

• Key players operating successful the anodic aluminum oxide wafer manufacture temporarily witnessed a slowdown, owing to deficiency of availability of skilled nonrecreational to make anodic aluminum oxide wafer marketplace solutions, which has led to diminution successful revenues for the fiscal twelvemonth 2020 to 2021. However, the marketplace recovered successful 2021 and is witnessing the maturation signifier during the forecast period.

The 12 inch segment to support its enactment presumption passim the forecast period

Based connected h2o type, the 12 inch conception held the highest marketplace stock successful 2021, accounting for astir two-thirds of the planetary anodic aluminum oxide wafer market, and is estimated to support its enactment presumption passim the forecast period. This is attributed to ample diameter of 12 inch wafer compared to different wafers, 2 and-a-half times arsenic galore chips tin beryllium made from each wafer. However, the 8 inch segment is projected to manifest the highest CAGR of 24.2% from 2022 to 2031. Strong request for 8 inch wafer from automotive chips & powerfulness semiconductors, powerfulness absorption ICs, show operator ICs, and 3D sensing components drives the marketplace growth.

The Consumer Electronics segment to support its enactment presumption passim the forecast period

Based connected application, the user electronics conception held the highest marketplace stock successful 2021, accounting for much than two-fifths of the planetary anodic aluminum oxide wafer market, and is estimated to support its enactment presumption passim the forecast period, owing to emergence successful request for features of astute devices. However, the pharmaceuticals conception is projected to manifest the highest CAGR of 24.2% from 2022 to 2031, owed to summation successful request for efficient, reliable, and cost-effective packaging exertion for the healthcare industry.

Asia-Pacific to support its dominance by 2031

Based connected region, Asia-Pacific held the highest marketplace stock successful presumption of gross successful 2021, accounting for much than three-fifths of the planetary anodic aluminum oxide wafer market, and is apt to predominate the marketplace during the forecast period. successful addition, the aforesaid portion is expected to witnesser the fastest CAGR of 24.4% from 2022 to 2031. High request for automated switching devices and powerfulness modules is expected to boost the marketplace maturation successful the region. Major organizations instrumentality assorted initiatives to physique powerfulness infrastructure with precocious technologies, which drives the maturation of the anodic aluminum oxide (AAO) wafer marketplace successful the region.

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Leading Market Players:

• Bonnell Aluminium

• Dajcor Aluminum Ltd

• Monocrystal

• Superior Metal Technologies LLC

• InRedox LLC

• Alupco

• Prevost

• Lorin Industries Inc.

• CoorsTek Inc.

• PAC-CLAD

Key Benefits For Stakeholders:

• This study provides a quantitative investigation of the marketplace segments, existent trends, estimations, and dynamics of the anodic aluminum oxide wafer marketplace investigation from 2021 to 2031 to place the prevailing anodic aluminum oxide wafer marketplace opportunity.

• The marketplace probe is offered on with accusation related to cardinal drivers, restraints, and opportunities.

• Porter's 5 forces investigation highlights the potency of buyers and suppliers to alteration stakeholders marque profit-oriented concern decisions and fortify their supplier-buyer network.

• In-depth investigation of the anodic aluminum oxide wafer marketplace outlook assists to find the prevailing marketplace opportunities.

• Major countries successful each portion are mapped according to their gross publication to the planetary market.

• Market subordinate positioning facilitates benchmarking and provides a wide knowing of the contiguous presumption of the marketplace players.

• The study includes the investigation of the determination arsenic good arsenic planetary anodic aluminum oxide wafer marketplace trends, cardinal players, marketplace segments, exertion areas, anodic aluminum oxide wafer marketplace forecast and marketplace maturation strategies.

Anodic Aluminum Oxide Wafer Market Key Segments:

By Wafer Type:

• 6 inch

• 8 inch

• 12 inch

• Others

By Application:

• Consumer Electronics

• Pharmaceuticals

• Industrial

• Others

By Region:

• North America (U.S., Canada, and Mexico)

• Europe (Germany, Italy, France, Spain, U.K., Russia, and Rest of Europe)

• Asia-Pacific (China, India, Japan, South Korea, and Rest of Asia-Pacific)

• LAMEA (Latin America, Middle East and Africa)

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Allied Market Research (AMR) is simply a full-service marketplace probe and business-consulting helping of Allied Analytics LLP based successful Portland, Oregon. Allied Market Research provides planetary enterprises arsenic good arsenic mean and tiny businesses with unmatched prime of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted presumption to supply concern insights and consulting to assistance its clients to marque strategical concern decisions and execute sustainable maturation successful their respective marketplace domain.

We are successful nonrecreational firm relations with assorted companies and this helps america successful digging retired marketplace information that helps america make close probe information tables and confirms utmost accuracy successful our marketplace forecasting. Allied Market Research CEO Pawan Kumar is instrumental successful inspiring and encouraging everyone associated with the institution to support precocious prime of information and assistance clients successful each mode imaginable to execute success. Each and each information presented successful the reports published by america is extracted done superior interviews with apical officials from starring companies of domain concerned. Our secondary information procurement methodology includes heavy online and offline probe and treatment with knowledgeable professionals and analysts successful the industry.

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