Semiconductor Stepper Systems Market Size & Share - Industry Trends and Forecast 2016 - 2024

The report analyzes and presents an overview of "Semiconductor Stepper Systems Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024" worldwide.

The main objective of this report is to define, describe, and forecast the global “Semiconductor Stepper Systems” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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Steppers are devices that are used for manufacturing integrated circuits (IC’s) which are similar in operation to slide projectors or photographic enlargers. Steppers comprise of an essential part in photolithography, (also known as optical lithography or UV lithography is used for micro-fabricating pattern of a thin film) which creates huge amounts of microscopic circuit elements on the surface of minute chips of silicon. Such chips comprise of the heart of the IC’s such as memory chips, and computer processors among others.

The market for semiconductor stepper systems is expected to witness a steady albeit a slow growth during the forecast period. Change in wafer sizes due to the reduction in the size of electronic devices is the major factor aiding in the growth of this market at present. Other key driving the semiconductor stepper systems market are inclusive of increasing usage of memory and logic IC’s which are widely used in computers, laptops, memory devices, storage and mobile devices and the rising markets for flip chips and advanced packaging.

Further, due to the reduction in node sizes, the semiconductor stepping systems market is witnessing the advent of semiconductor technologies which in turn, has affected the overall lithography process. Double patterning technique is a type of high resolution technique that increases the litho cost per function, thereby resulting in the increase of the overall cost of patterning. Thus, the increasing cost of litho functions is another key factor augmenting the growth of the overall semiconductor stepper systems market across the globe.

The market has been classified on the basis of application into Micro-Electro-Mechanical Systems (MEMS), LED Devices and Advanced Packaging. The MEMS market was the largest market for semiconductor stepping devices and is expected to retain market dominance throughout the forecast period. MEMS find wide use across automotive, consumer electronics, medical, and defense segments among others for a variety of applications. Additionally, shifting preference towards vehicle automation such as in-car infotainment systems, navigation system and anti-lock braking systems (ABS) is fuelling the demand for MEMS sensors in the automotive industry, thereby fuelling the demand for semiconductor stepper systems market in this segment.

The global semiconductor stepper systems market has been bifurcated on the basis of regions into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Asia Pacific is was and will remain the market leader for semiconductor stepper systems throughout the forecast period with the key contributors being Japan, Taiwan and South Korea. Further, large presence of semiconductor foundries in China and Taiwan among others, such the Semiconductor Manufacturing International in China and Taiwan Semiconductor Manufacturing and United Microelectronics in Taiwan is also expected to stimulate the growth of the market during the forecast period of 2016 to 2024.

The global semiconductor stepper systems market is a consolidated market and only a handful number of players are controlling majority of the market at present. Since the semiconductor industry is prone to frequent technological changes, the manufacturers operating in this industry are engaged in extensive research and development activities in order to adopt new technologies and upgrade their systems. Further, frequent mergers and acquisitions, joint venture and partnerships, geographical expansion are some of the other key strategies adopted by these leading players to sustain in this market and to have a competitive advantage over their peers. Major players operating in the global semiconductor stepping systems market include Canon, Nikon, and ASML Holding among others. However companies like Leica Microsystems, SUSS Microtech, JEOL, Optical Associates and ZEISS also have a significant presence in the market. However, owing to significant growth potential of this market, several local players are trying to increase their presence and compete with the major players.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

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The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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