Beauty Devices Market

A growing electric car market is expected to drive market growth in the forecasted period.

The rapid development in the integration of the semiconductor industry has created a high demand for silicon wafers as a basic material for producing ICs. The exponential growth of consumer electronics products such as smartphones, tablets, and smart wearables are the end products where ICs are assembled. This industry has kept the demand for silicon wafers high. A silicon wafer is a thin slice of crystalline silicon that is mostly used in our electronics products. Its natural abundance and semiconductor properties, such as being neither a very strong conductor nor a very strong insulator of electricity, made it the semiconductor industry’s preferred choice for making wafers when compared to competitor semiconductors such as germanium.

Secondly, there is a growing demand for electric cars across the world. Rising gasoline prices and their negative environmental impact have influenced buyers to opt for electric vehicles. Moreover, governments and NGOs are also forcing automobile manufacturers to switch to electric vehicles to reduce air pollution. Governments are also supporting the automotive industry as well as buyers by providing subsidies. Supplementarily, technological advancements in self-driving cars include several chips, such as LiDAR, radar, a camera, and other sensors that can sense the surrounding environment and are assembled into the system. Major automotive companies like Tesla, Toyota, Volvo, Nissan, Baidu, and Google are continually investing in driverless car development, considering the market potential in the long run. The most important components for running an electric or driverless car are silicon wafer-based chips, ICs, and sensors.

This new development in the automotive industry is expected to further the growth of the silicon wafer market during the forecasted period. The global silicon wafer market was worth $6.77 billion in 2018 and is expected to reach $12.67 billion by 2027, growing at a 7.3% CAGR from 2019 to 2027.

Market Snapshot

End-user segment analysis

Consumer electronics segment dominating the market

Based on end-user, the consumer electronics segment captured the highest share of the global silicon wafer market in 2018. According to the Consumer Technology Association (CTA), a U.S.-based organization representing more than 2,200 consumer technology companies in the United States, consumer sales in the United States will exceed $400 billion in 2019, growing 2.2% year on year. The consumer electronics sector is experiencing the launch of emerging technologies such as smart homes, smart speakers, home robots, and smartwatches. With the introduction of 5G technology, the Internet of Things, and enhanced mobile broadband services, the demand for high-performance RAM ICs is expected to grow exponentially, resulting in high demand for silicon wafers globally. This, in turn, will benefit the global silicon wafer market.

Regional Analysis

Asia Pacific dominating the global market by region

The global silicon wafer market was dominated by Asia Pacific, which accounted for more than 35% of the market share in 2018. Robust demand from the semiconductor industries of China, South Korea, and Japan has kept the region leading in the global market. Furthermore, India’s “Make in India” campaign to establish chip fabrication units in the country has also added advantage to the regional market. Silicon wafers are in high demand due to China’s growing production of electric vehicles and smartphone manufacturing hubs.

According to the “2018 China Semiconductor Silicon Wafer Outlook report,” wafer production growth is the fastest in the world. Further, strong domestic demand and favorable government policies have added advantages to the growth of fabrication units in the country. It is forecasted in the above report that China can produce 4 million wafers per month by 2020.

Technological advancement is keeping the market competitive.

The global silicon wafer market is competitive by nature. Prominent players operating in the silicon wafer market are adopting strategies such as partnerships with other companies and the acquisition of smaller players to increase their production capacity and geographical reach. Following is the list of players included in the published reports.

List of Companies Covered:

• Elkem ASA
• Shin-Etsu Chemical Co., Ltd.
• Addison Engineering, Inc.
• Siltronic AG
• Okmetic
• SUMCO CORPORATION
• Global Wafers Japan Co. Ltd.
• Nanoshel LLC
• PV Crystalox plc
• LDK Solar High-Tech Co., Ltd.
• REC Solar Holdings AS
• Tokuyama Corporation
• Silicon Materials, Inc.
• Others

Key Industry Development:

• In May 2019, Okmetic announced an investment of €100 million to double the production capacity of its SOI wafers in its Vantaa plant by 2H20. The company is experiencing growing demand for its SOI wafers due to an increased amount of advanced MEMS and power components used in the electronics industry. With its increased production capacity, the company expected to fulfill its customers’ demands.
• In January 2019, REC Group collaborated with Sol Distribution Pty Ltd. to distribute the company’s high-performance solar cells across Australia. The collaboration will improve the market penetration of solar cells across the residential and commercial segments. With this agreement, REC Group expects to improve its market share in the Australian solar cell market.

Periods of History and Forecast

The research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Market Segmentation

The current report also encompasses qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better understanding of the global silicon wafer market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths.

Key questions are answered in this report.

• What was the size of the silicon wafer market in 2018, and what is the forecast up to 2027?
• What are the key factors driving the global silicon wafer market?
• What are the key market trends and high-growth opportunities observed in the silicon wafer market?
• Which is the largest regional market for silicon wafers?
• Which segment will grow at a faster pace? Why?
• Which region will drive the market’s growth? Why?
• Which players are leading the silicon wafer market?
• What are the key strategies adopted by the leading players operating in the market?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Beauty Devices (BD) Market
2.2. Global BD Market, by Product, 2018 (US$ Bn)
2.3. Global BD Market, by Application, 2018 (US$ Bn)
2.4. Global BD Market, by Technology, 2018 (US$ Bn)
2.5. Global BD Market, by End-user, 2018 (US$ Bn)
2.6. Global BD Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global BD Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Beauty Devices (BD) Market, by Product, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Hair Removal Devices
4.2.1. Epilators
4.2.2. Trimmers
4.3. Acne Devices
4.4. Skin Derma Rollers
4.5. Hair Growth Devices
4.6. Cellulite Reduction Devices
4.7. Oxygen & Streamer Devices
4.8. Light/LED Therapy & Photorejuvenation Devices
4.9. Cleansing Devices
4.10. Others

5. Global Beauty Devices (BD) Market, By Application, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Commercial
5.3. Domestic
5.4. Others

6. Global Beauty Devices (BD) Market, by Technology, 2017-2027 (US$ Bn)
6.1. Overview
6.2. Transcutaneous Electrical Nerve Stimulation (TENS) Technology
6.3. Lasers Invigorate
6.4. Wearable Devices
6.5. Others

7. Global Beauty Devices (BD) Market, by End-user, 2017-2027 (US$ Bn)
7.1. Overview
7.2. Beauty Centers & Spas
7.3. Home-us Home-use e
7.4. Dermatology Centers
7.5. Others (Cosmetic Centers, Clinics, etc.)

8. North America Beauty Devices (BD) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. North America BD Market Value and Growth, 2017-2027, (US$ Bn)
8.2. North America BD Market Value, By Product, 2017-2027 (US$ Bn)
8.2.1. Market Analysis
8.3. North America BD Market Value, By Application, 2017-2027 (US$ Bn)
8.3.1. Market Analysis
8.4. North America BD Market Value, By Technology, 2017-2027 (US$ Bn)
8.4.1. Market Analysis
8.5. North America BD Market Value, By End-user, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.6. North America BD Market Value, By Region/Country, 2017-2027 (US$ Bn)
8.6.1. Market Analysis
8.6.2. U.S.
8.6.3. Rest of North America

9. Europe Beauty Devices (BD) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Europe BD Market Value and Growth, 2017-2027, (US$ Bn)
9.2. Europe BD Market Value, By Product, 2017-2027 (US$ Bn
9.2.1. Market Analysis
9.3. Europe BD Market Value, By Application, 2017-2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Europe BD Market Value, By Technology, 2017-2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Europe BD Market Value, By End-user, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.6. Europe BD Market Value, By Region/Country, 2017-2027 (US$ Bn)
9.6.1. Market Analysis
9.6.2. U.K.
9.6.3. Germany
9.6.4. France
9.6.5. Rest of Europe

10. Asia Pacific Beauty Devices (BD) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Asia Pacific BD Market Value and Growth, 2017-2027, (US$ Bn)
10.2. Asia Pacific BD Market Value, By Product, 2017-2027 (US$ Bn)
10.2.1. Market Analysis
10.3. Asia Pacific BD Market Value, By Application, 2017-2027 (US$ Bn)
10.3.1. Market Analysis
10.4. Asia Pacific BD Market Value, By Technology, 2017-2027 (US$ Bn)
10.4.1. Market Analysis
10.5. Asia Pacific BD Market Value, By End-user, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.6. Asia Pacific BD Market Value, By Region/Country, 2017-2027 (US$ Bn)
10.6.1. Market Analysis
10.6.2. Japan
10.6.3. China
10.6.4. India
10.6.5. Rest of Asia Pacific

11. Rest of the World Beauty Devices (BD) Market Analysis, 2017-2027 (US$ Bn)
11.1. Overview
11.1.1. Rest of the World BD Market Value and Growth, 2017-2027, (US$ Bn)
11.2. Rest of the World BD Market Value, By Product, 2017-2027 (US$ Bn)
11.2.1. Market Analysis
11.3. Rest of the World BD Market Value, By Application, 2017-2027 (US$ Bn)
11.3.1. Market Analysis
11.4. Rest of the World BD Market Value, By Technology, 2017-2027 (US$ Bn)
11.4.1. Market Analysis
11.5. Rest of World BD Market Value, By End-user, 2017-2027 (US$ Bn)
11.5.1. Market Analysis
11.6. Rest of the World BD Market Value, By Region, 2017-2027 (US$ Bn)
11.6.1. Market Analysis
11.6.2. Middle East & Africa
11.6.3. Latin America

12. Company Profiles
12.1. Koninklijke Philips N.V.
12.2. Jebsen Consumer Products Co.. Ltd
12.3. CANDELA CORPORATION.
12.4. Nu Skin Enterprises Inc.
12.5. Procter & Gamble.
12.6. L’Oréal Paris
12.7. Panasonic Corporation
12.8. MTG CO., LTD
12.9. NuFACE
12.10. Home Skinovations Ltd.
12.11. TRIA BEAUTY
12.12. Lumenis
12.13. Hitachi Power Device, Ltd.

List of Figures

FIG. 1 Global Beauty Devices (BD) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global BD Market Segmentation
FIG. 4 Global BD Market, by Product, 2018 (US$ Bn)
FIG. 5 Global BD Market, by Application, 2018 (US$ Bn)
FIG. 6 Global BD Market, by Technology, 2018 (US$ Bn)
FIG. 7 Global BD Market, by End-user, 2018 (US$ Bn)
FIG. 8 Global BD Market, by Geography, 2018 (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Global Market Positioning of Key BD Market Manufacturers, 2018
FIG. 11 Global BD Market Value Contribution, By Product, 2018 & 2027 (Value %)
FIG. 12 Global BD Market, by Hair Removal Devices, Value, 2017–2027 (US$ Bn)
FIG. 13 Global BD Market, by Acne Devices, Value, 2017–2027 (US$ Bn)
FIG. 14 Global BD Market, by Skin Derma Rollers, Value, 2017–2027 (US$ Bn)
FIG. 15 Global BD Market, by Hair Growth Devices, Value, 2017–2027 (US$ Bn)
FIG. 16 Global BD Market, by Cellulite Reduction Devices, Value, 2017–2027 (US$ Bn)
FIG. 17 Global BD Market, by Light/LED Therapy & Photroejuvenation Devices, Value, 2017–2027 (US$ Bn
FIG. 18 Global BD Market, by Cleansing Devices, Value, 2017–2027 (US$ Bn)
FIG. 19 Global BD Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 20 Global BD Market Value Contribution, By Application, 2018 & 2027 (Value %)
FIG. 21 Global BD Market, by Commercial, Value, 2017–2027 (US$ Bn)
FIG. 22 Global BD Market, by Domestic, Value, 2017–2027 (US$ Bn)
FIG. 23 Global BD Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 24 Global BD Market Value Contribution, By Technology, 2018 & 2027 (Value %)
FIG. 25 Global BD Market, by Transcutaneous Electrical Nerve Stimulation (TENS) Technology, Value, 2017–2027 (US$ Bn)
FIG. 26 Global BD Market, by Laser Invigorate, Value, 2017–2027 (US$ Bn
FIG. 27 Global BD Market, by Wearable Devices, Value, 2017–2027 (US$ Bn
FIG. 28 Global BD Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 29 Global BD Market Value Contribution, By End-user, 2018 & 2027 (Value %)
FIG. 30 Global BD Market, by Beauty Centers & Spas, Value, 2017–2027 (US$ Bn)
FIG. 31 Global BD Market, by Home-use, Value, 2017–2027 (US$ Bn)
FIG. 32 Global BD Market, by Dermatology Centers, Value, 2017–2027 (US$ Bn)
FIG. 33 Global BD Market, by Others, Value, 2017–2027 (US$ Bn)
FIG. 34 U.S. BD Market, 2017–2027 (US$ Bn)
FIG. 35 Rest of North America BD Market, 2017–2027 (US$ Bn)
FIG. 36 U.K. BD Market, 2017–2027 (US$ Bn)
FIG. 37 Germany BD Market, 2017–2027 (US$ Bn)
FIG. 38 France BD Market, 2017–2027 (US$ Bn)
FIG. 39 Rest of Europe BD Market, 2017–2027 (US$ Bn)
FIG. 40 Japan BD Market, 2017–2027 (US$ Bn)
FIG. 41 China BD Market, 2017–2027 (US$ Bn)
FIG. 42 India BD Market, 2017–2027 (US$ Bn)
FIG. 43 Rest of Asia Pacific BD Market, 2017–2027 (US$ Bn)
FIG. 44 Middle East & Africa BD Market, 2017–2027 (US$ Bn)
FIG. 45 Latin America BD Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Beauty Devices (BD) Market
TABLE 2 Global BD Market, by Product, 2017–2027 (US$ Bn)
TABLE 3 Global BD Market, by Application, 2017–2027 (US$ Bn)
TABLE 4 Global BD Market, by Technology, 2017–2027 (US$ Bn)
TABLE 5 Global BD Market, by End-user, 2017–2027 (US$ Bn)
TABLE 6 Global BD Market, by Geography, 2017–2027 (US$ Bn)
TABLE 7 North America BD Market, by Product, 2017–2027 (US$ Bn)
TABLE 8 North America BD Market, by Application, 2017–2027 (US$ Bn)
TABLE 9 North America BD Market, by Technology, 2017–2027 (US$ Bn)
TABLE 10 North America BD Market, by End-user, 2017–2027 (US$ Bn)
TABLE 11 North America BD Market, by Country, 2017–2027 (US$ Bn)
TABLE 12 Europe BD Market, by Product, 2017–2027 (US$ Bn)
TABLE 13 Europe BD Market, by Application, 2017–2027 (US$ Bn)
TABLE 14 Europe BD Market, by Technology, 2017–2027 (US$ Bn)
TABLE 15 Europe BD Market, by End-user, 2017–2027 (US$ Bn)
TABLE 16 Europe BD Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific BD Market, by Product, 2017–2027 (US$ Bn)
TABLE 18 Asia Pacific BD Market, by Application, 2017–2027 (US$ Bn)
TABLE 19 Asia Pacific BD Market, by Technology, 2017–2027 (US$ Bn)
TABLE 20 Asia Pacific BD Market, by End-user, 2017–2027 (US$ Bn)
TABLE 21 Asia Pacific BD Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 22 RoW BD Market, by Product, 2017–2027 (US$ Bn)
TABLE 23 RoW BD Market, by Application, 2017–2027 (US$ Bn)
TABLE 24 RoW BD Market, by Technology, 2017–2027 (US$ Bn)
TABLE 25 RoW BD Market, by End-user, 2017–2027 (US$ Bn)
TABLE 26 RoW BD Market, by Country/Region, 2017–2027 (US$ Bn)
TABLE 27 Koninklijke Philips N.V.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Jebsen Consumer Products Co. Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 CANDELA CORPORATION: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 Nu Skin Enterprises Inc..: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 Procter & Gamble: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 32 L’Oreal Paris: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 33 Panasonic Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 34 MTG Co., LTD.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 35 NuFace: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 36 Home Skinovations Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 37 TRIA BEAUTY: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 38 Lumenis: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments
TABLE 39 Hitachi Power Device, Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments