The global Wafer And Integrated Circuits Shipping Market size was USD 6.3 Billion in 2022 and is expected to reach USD 11.58 Billion in 2032, and register a rapid revenue CAGR of 7% during the forecast period.

Rising consumer electronics demand, rapid growth in the automotive industry, and increasing use of Internet of Things (IoT) device use, are major factors driving market revenue growth.  The wafer and IC shipping and handling involves transportation and management of wafers and ICs, which are crucial components of electronic devices. 

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Major Companies:

• Advantest Corporation
• Applied Materials, Inc.
• Brooks Automation, Inc.
• KLA Corporation
• Lam Research Corporation
• MEI Wet Processing Systems and Services LLC
• TEL NEXX, Inc.
• Asyst Technologies LLC
• Entegris, Inc.
• Mattson Technology, Inc.

Strategic Developments:

In 2021, Lam Research Corporation acquired Coventor, Inc., a leading provider of 3D modeling and simulation software for the semiconductor industry. The acquisition was aimed at expanding Lam Research's product portfolio and strengthening its position in the market.

In 2021, KLA Corporation acquired Orbotech Ltd., a leading supplier of equipment and services for the production of printed circuit boards and flat panel displays. The acquisition was valued at around $3.4 billion and aimed to expand KLA's product offerings in the semiconductor and electronics markets.

In 2020, Brooks Automation, Inc. acquired Precise Automation, Inc., a leading provider of collaborative robots and automation systems for the semiconductor industry. The acquisition was aimed at expanding Brooks Automation's product portfolio and strengthening its position in the market.

In 2020, Entegris, Inc. acquired MPD Chemicals, a leading provider of advanced materials for the semiconductor and electronics industries. The acquisition was aimed at expanding Entegris' product offerings and enhancing its capabilities in materials science and engineering.

Key questions addressed in the report:

• What is the expected market size of the global Wafer And Integrated Circuits Shipping market during the forecast period?
• What CAGR is the global market expected to register during the forecast period?
• Which key factors are expected to boost global market growth between 2021 and 2028?
• What are the key restraints that are expected to hamper global market growth?
• Which regional market is expected to register robust CAGR during the forecast period?
• Which key players are operating the global Wafer And Integrated Circuits Shipping market?

Wafer And Integrated Circuits Shipping Market Segmentation:

By Shipping Method Outlook: 

• Surface Shipping
• Air Shipping
• Others

By End-Use Outlook: 

• Consumer Electronics
• Automotive
• Healthcare
• Aerospace Defense
• Others

Key Regional Markets Covered in the Report:

• North America (U.S.A., Canada, Mexico)
• Europe (Italy, U.K., Germany, France, Rest of Europe)
• Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
• Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East Africa)

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