Global Semiconductor Inspection System Market – Overview
Different kinds of inspection in the semiconductor industry production line that are required have fuelled the progress of the market incrementally. Market focused reports connected to the semiconductors and electronics sector among others of late have been made accessible by Market Research Future which publishes reports on this industry. The market is anticipated to map its progress with a high CAGR percent in the forecast period.
The intensifying demand worldwide for the semiconductor market is pushing semiconductor inspection systems manufacturers to develop their production volume, which necessitates continuous advancements in offerings. A significant factor shaping the market is the rising complications of the process and design of semiconductor chips. Growing need for less expensive, semiconductor devices that are high-performing will be influential to the development in the forthcoming forecast period.
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Market Segmentation
Type and end-user are the primary segments based on which the global semiconductor inspection system market has been analyzed by MRFR.
Considering the type, the Semiconductor Inspection System Market includes wafer and mask inspection systems. The wafer inspection system segment can achieve a CAGR of 14.7% during the given timeframe. Wafer inspection systems note high demand as they help maintain high process throughput, in addition to detecting particles present at the bottom of contact holes as well as on the surface.
The end-users in the market are large and small & medium enterprises (SMEs). The large enterprise segment was recognized as the largest market in 2017, thanks to rapid industrialization along with robust demand for a wide array of equipment that is used in large-scale assemblies. Large organizations generally outsource ancillary businesses, due to which they are able to focus more on their core businesses.
Key Players
The prominent players in the Semiconductor Inspection System Market are- KLA-Tencor (U.S.) ASML Holding (Netherlands), Applied Materials (U.S.), Lasertech (Japan), Hitachi High-Technologies (Japan),Nanometrics Incorporated (U.S.), Rudolph Technologies (U.S.), Nikon (Japan), JEOL (Japan), FEI Company (U.S.) among others.
Regional Insight
Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW) are the main markets for semiconductor inspection system.
APAC has been identified as the most prominent market for semiconductor inspection systems, in addition to being the fastest-growing market. The main participants that have helped the region attain the top position include China, Japan and South Korea. These countries are home to a number of semiconductor component manufacturers. In addition, massive demand for wafers in consumer electronics products can lead the regional market to greater heights in the forthcoming years.
Vigorous market growth has been observed in North America, due to the presence of ambitious vendors that strive to improve their financial fluidity to invest in semiconductor inspection systems. Apart from this, localization has emerged as a highly favored trend among manufacturers, which is which can offer numerous growth opportunities to the market in the near future. The surging number of merger and acquisition activities are deemed to help the market advance in the region. For instance, Xcerra Corporation had formed a merger agreement with Cohu Inc. in 2018, which solidified Cohu’s position at the regional as well as global level.
The Europe market can be characterized by the mounting demand for low cost and top-quality semiconductors. Germany is one of the most profitable markets for semiconductor inspection system in the region, as the country comprises well-established electronics and automotive sectors. Also, soaring demand for gaming consoles, tablets, laptops, smartphones and set-top boxes are also set to work in favor of the regional market in the following years.
The MEA semiconductor inspection system market is witnessing steady growth, on account of the emergence of new vendors that are attempting to widen their customer base. Intense competition among industry players paired with substantial production of semiconductor inspection systems in the region boosts market growth in the region. Moreover, increasing demand for semiconductor integrated circuits (ICs) for use in industrial, consumer electronics and automobiles in the region is prompting several firms to up their production during the evaluation period.
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Intended Audience
- Semiconductor Product Manufacturing Companies
- Sensors and ICs Manufacturers
- Memory Manufacturers
- Electronic Component Suppliers
- Government
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