Albany, NY -- (SBWIRE) -- 11/29/2016 -- A new research report, titled "Thin Wafer Market - Global Industry Size, Share, Trends, Analysis and Forecast 2015–2023," by Transparency Market Research (TMR) provides a thorough analysis. To offer a clear understanding of the global thin wafer market, the research report has highlighted the key dynamics that are anticipated to impact its growth in a negative as well as positive manner. Additionally, the product segmentation, geographical segmentation, and the competitive landscape of the market have been included in the scope of the study.

The growth of consumer electronics and mobile markets is the primary factor estimated to drive the demand for thin wafer across diverse industries. The reduction in the size of electronic devices is another factor that will augment the growth of the market throughout the forecast period. In addition, the high amount of material saving and increased adoption of portable devices are generating lucrative opportunities for key players.

The global thin wafer market is projected to experience substantial growth on account of the rising need for ultra-thin semiconductor wafers across the globe. Technological advancements in this field have contributed significantly towards the growth of the market. On the other hand, the key challenge faced by the players in the thin wafer market is efficiency in maintenance, which is expected to restrict the growth of the market in the next few years. Nonetheless, the growing integrated circuit (IC) industry in China is anticipated to generate potential opportunities and accelerate the growth of the global thin wafer market in the next few years.

PDF Sample For Full Details with Technological breakthroughs is @ http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=274

The global thin wafer market has been classified on the basis of technology into dry polishing, wafer thinning, thin wafer handling, and wafer dicing. Key players in the market are making notable efforts to introduce innovative technology and products in order to expand their product portfolio and brave the competition. Furthermore, on the basis of application, the market has been divided into power devices, RF devices (GaAs), memory and logic, advanced packaging (3D TSV/Interposers), LEDs, CMOS image sensors, and MEMS. The projected share and size of each segment have been included in the research report.

Some of the leading players operating in the thin wafer market across the globe are Accretech, ABB, All Via, AIT, and 3M. The growing demand for thin semiconductor wafers across diverse industries is expected to fuel the growth of the market in the next few years. As a result, several new entrants are projected to enter the fray in order to gain a competitive advantage in the global market.