Silicon wafers form the basis of the semiconductor chips industry, and the market is set for growth. According to BBC Research, the global market for semiconductor wafers is expected to grow from $16.2 bn in 2018 to $21.3 bn in 2023. Whilst most people never actually see a silicon wafer, they are essential for manufacturing semiconductor microchips which are used in many everyday applications. For example:
- Autonomous cars
- Consumer electronics
Ilika plc (LON:IKA) is a pioneer in solid state battery technology enabling solutions for applications in Industrial IoT, MedTech, Electric Vehicles and Consumer Electronics.