Wafer Handling Robots Market is projected to grow at a CAGR of 9.52%

The recent study on the wafer handling robots market covers an in-depth analysis of the market on the basis of component, type, and geography. The report also includes the country level analysis within the regions as well. Additionally, the report covers the key trends in the market along with drivers and restraint during the forecast period 2018-2023. According to the report titled “Wafer Handling Robots Market – Forecast from 2018 to 2023”, the market is estimated to grow at a CAGR of 9.52% during the projected period. The report has segmented the wafer handling robots market by component (hardware, software, services), by type (atmospheric, vacuum) and by geography such as North America (United States, Canada, Mexico, others), South America (Brazil, others), Europe (Germany, France, United Kingdom, Spain, others), Middle East and Africa (Saudi Arabia, Israel, others), and Asia Pacific (China, Japan, South Korea, India, others). The demand for high precision configurability in wafer manufacturing is significantly supplementing the growth of wafer handling robots market. Moreover, the focus of the wafer manufacturers to increase the speed of chip production in order to cater to the need of the end market is further boosting the demand for wafer handling robots.

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The Asia Pacific is dominating the global market.

The Asia Pacific wafer handling robots market is projected to dominate the global market on account of the presence of a considerable number of wafer fabrication facilities in the region. Moreover, increasing fab investment in the region is further estimated to supplement the growth of the market. In fact, according to SEMI, China is expected to become the second largest spender on chip equipment by 2018 on account of the growing number of start-ups.

Some of the major players discussed in the reports are Brooks Automation, Inc., Kawasaki Heavy Industries Ltd., Jel Corporation, and Yaskawa Electric Corporation among others.

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