Global Thin Film Semiconductor Deposition Market: mainly boosted by mounting investment in solar power plants
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Huge demand for high efficiency & miniaturization fuels the growth of the market
The global thin film semiconductor deposition market trends are increasing demand owing to high usage in emerging applications like dram, flexible OLED displays and Amoled displays, and mounting investment in solar power plants. Additionally, rising demand for high efficiency & miniaturization, technological advantage of thin film over conventional silicon have also fueled the market growth. Though, high investment for manufacturing plant installation may hamper the growth of the market. Moreover, increasing requirement for sensors in smartphone industry would provide new business prospects for the market in near future.
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Industry vertical, technology, and geography are the classifications of the global thin film semiconductor deposition market. Technology segment consist physical vapor deposition (PVD), chemical vapor deposition (CVD), and others (electro hydrodynamic deposition, and epitaxy). Further, the market is categorized into industry vertical as aerospace & defense, electronics, IT & telecom, energy & power, automotive, and others (healthcare and industrial).
By geography, Thin film semiconductor deposition market is categorized into Europe, Asia-Pacific, North America, and Rest of the World (RoW). Europe includes of UK, Germany, France, Italy, and rest of Europe. Asia-Pacific is divided into China, Japan, India, Australia, and rest of Asia-Pacific Whereas, North America is further segmented in U.S., Canada, and Mexico, while RoW comprises South America, Middle East, and Africa.
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Chemical vapor deposition (CVD), by technology occupied the maximum global thin film semiconductor deposition market share in the year 2017
In the year 2016, chemical vapor deposition (CVD) segment dominated the technology segment with the largest market share and anticipated to continue its dominance throughout the forecast period 2017 – 2025 owing to its benefits such as easier process, low manufacturing cost, and improved quality.
IT & Telecom, by industry vertical is expected to dominate the largest market share during the forecast period
In the year 2016, industrial machinery and automotive segment together, by application is projected to held more than half of the total share through the forecast period 2016 – 2024 owing to high requirement of thin film semiconductor in this segment.
Asia Pacific is anticipated with highest market share over the forecast timeframe
In the year 2016, Asia Pacific accounted for the maximum market share of 54.6% and anticipated to continue its dominance throughout the forecasted period. The high growth seen due to the heavy investments on the technologies related to it in this region. In addition, Denmark, Singapore, and Norway is also witnessing a high demand in the global thin film semiconductor deposition market.
The key market players include CVD Equipment Corporation, Oerlikon Balzers, Hitachi Kokusai Electric Inc., Lam Research Corporation, Tokyo Electron Limited, Applied Materials, Inc., Shin-Etsu Chemical Co., AIXTRON SE, Ihi Hauzer Techno Coating B.V, Ltd, and Sumco Corporation, among others.
Scope of the Global Thin Film Semiconductor Deposition Market
• Chemical Vapor Deposition (CVD)
• Physical Vapor Deposition (PVD)
• Others (Epitaxy, and Electro Hydrodynamic Deposition)
Industry Vertical Segments
• IT & Telecom
• Energy & Power
• Aerospace & Defense
• Others (Healthcare and Industrial)
• North America
o Rest of Europe
o South Korea
o Rest of Asia-Pacific
o South America
o Middle East
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