Business Wire

Global Plasma Etching Equipment Market (2021 to 2026) – Growth, Trends, COVID-19 Impact, and Forecasts – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Plasma Etching Equipment Market – Growth, Trends, COVID-19 Impact, and Forecasts (2021 – 2026)” report has been added to ResearchAndMarkets.com’s offering.

The Plasma Etching Equipment Market is expected to register a CAGR of 8% over the forecast period (2021 – 2026). Plasma etching is a sophisticated, versatile technology that is used to create a wide range of devices.

Companies Mentioned

  • SPTS Technologies (KLA company)
  • Applied Materials Inc.
  • Lam Research Corporation
  • Oxford Instruments PLC
  • Tokyo Electron Limited
  • Plasma Etch Inc.
  • Plasma-Therm LLC
  • Thierry Corporation
  • Samco Inc.
  • Advanced Micro-Fabrication Equipment Inc.
  • Sentech Instruments GmbH
  • GigaLane Co. Ltd

Key Market Trends

Consumer Electronics Segment is Expected to Witness Significant Growth

  • The overall demand for plasma etching is also driven by smartphones and other applications across the consumer electronics industry, automotive industry, etc., which require semiconductor ICs. These industries have been inspired by technology transitions, such as wireless technologies (5G) and artificial intelligence.
  • Also, the trend of increasing numbers of Internet of Things (IoT) devices is expected to force the semiconductor industry to invest in this equipment, in a bid to attain intelligent products. As per SEMI, in 2019, the silicon wafer shipments reached 13,090 million square inches, which indicated a 5.2% increase over 2018. Enormous technological upgradation is leading to an increase in the number of IoT applications. This is driving the growth of smart devices, giving rise to miniature semiconductors, thereby, increasing the demand for plasma etching.
  • Moreover, the continuous advancements in consumer electronics and the use of sensors in various electronic products are proliferating the applications of plasma etching in smartphones and their demand across almost all the industry sectors. The South Korean government announced to invest USD 1.34 billion for the next ten years to support the development of next-generation semiconductor technology, to support Samsung Electronics and SK Hynix. The investment will help Korean companies, such as Samsung and SK Hynix, to enhance their semiconductor manufacturing capabilities.
  • Plasma etching equipment are further expected to gain traction with the growing demand for electronic products. Technological advancements have made it possible for next-generation high-precision equipment to become the standard features in production lines. These are fitted with active process control systems and contribute to the stable market growth of semiconductor etching equipment.

Asia-Pacific is Expected to Witness Significant Growth

  • Asia-Pacific is one of the prominent markets for plasma etching equipment, primarily attributed to the growing demand for advanced technologies across numerous end-user industries, high growth of the consumer electronics industry, and supporting government policies for the semiconductor industry in the region.
  • Growing demand for smart and portable devices is anticipated to boost the demand for miniature integrated circuits (IC’s), which in turn is expected to fuel the demand for plasma etching equipment market rapidly over the forecast period.
  • In May 2019, Taiwan Semiconductor announced the opening of a new branch in Beijing. The opening of a new branch indicates that the company plans to accommodate the rapid growth in China and engage local talent in its business development efforts. According to the founder of China Micro Semiconductor Equipment, Yin Zhiwei, the future production rate in the field of the etching equipment is expected to reach 50%.
  • The emergence of new technologies in Asia-Pacific has boosted the demand for innovative and user-friendly smart devices. There has been a rising demand from South Korea and Taiwan in particular, for semiconductor wafers, due to the large production of consumer electronics, like televisions, tablets, and monitors.
  • The governments in many countries in the region are supporting the semiconductor industry. From the policy perspective, China has continuously introduced policies to support the localization of the semiconductor industry and has invested more than CNY 100 billion to boost the development of the semiconductor industry chain since 2014. “Made in China 2025” provides a clear roadmap for the localization of semiconductor equipment by 2020.

Key Topics Covered:

1 INTRODUCTION

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET DYNAMICS

4.1 Market Overview

4.2 Introduction to Market Drivers and Restraints

4.3 Market Drivers

4.3.1 Growth of the Semiconductor Industry

4.3.2 Rising Demand for Compact, Energy Efficient and Electronic Devices

4.4 Market Restraints

4.4.1 Growing Complexities Related to Miniaturized Structures of Circuits

4.5 Industry Value Chain Analysis

4.6 Industry Attractiveness – Porter’s Five Force Analysis

4.6.1 Threat of New Entrants

4.6.2 Bargaining Power of Buyers/Consumers

4.6.3 Bargaining Power of Suppliers

4.6.4 Threat of Substitute Products

4.6.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

5.1 By Type

5.2 By Application

5.3 Geography

5.3.1 North America

5.3.2 Europe

5.3.3 Asia Pacific

5.3.4 Rest of the World

6 COMPETITIVE LANDSCAPE

6.1 Company Profiles

7 INVESTMENT ANALYSIS

8 MARKET OPPORTUNITIES AND FUTURE TRENDS

For more information about this report visit https://www.researchandmarkets.com/r/qcmysb

Contacts

ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]
For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Comment moderation is enabled. Your comment may take some time to appear.

Back to top button