Press release
Semiconductor Inspection System Market 2020 Global Key Leaders: Applied Materials, Thermo Fisher Scientific, Rudolph Technologies, JEOL, Nanometrics, KLA-Tencor
Market Research Future published a research report on “Semiconductor Inspection System Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Market Synopsis
Market Research Future (MRFR), in its latest global semiconductor inspection system market states that the semiconductor inspection system market size can be USD 6.91 billion by 2023. According to MRFR study, the semiconductor inspection system market 2020 can expand at 14.3% CAGR through the review period (2017-2023). Semiconductor inspection systems can detect flaws effectively in semiconductor chips before fabrication. The rise in demand for high-performing and affordable semiconductor chips are prime factors that are observed to drive the market. The growing demand for wafers in the field of consumer electronics can fuel the rise of the Semiconductor Inspection System Market in the forecast period. With the emergence of Internet-of-Things (IoT) and the high adoption of IoT powered connected devices across major industries, the semiconductor inspection system market is expected to gain momentum. The high number of small and medium enterprises can effectively boost the market growth in the near future. The limited number of producers and lack of resources are causes that can impede the semiconductor inspection system market growth.
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Key Players
Rudolph Technologies, Inc., JEOL Ltd., Nanometrics, Inc., KLA-Tencor Corporation, Applied Materials, Inc., Nikon Metrology NV, Lasertec Corporation, Hitachi High-Technologies Corp., Thermo Fisher Scientific, Inc., and ASML Holding NV are noteworthy players in the Semiconductor Inspection System Market. Players in the market are focusing on reducing the size of integrated circuits while possessing double the capacity and speed of previous generational semiconductor chips. Advent of IoT and urgent need for sensors in connected devices can present new growth opportunities for these players.
Market Segmentation
The world semiconductor inspection system market segment study is based on application and type.
The application based segments of the semiconductor inspection system market are wafer, and mask inspection systems. The wafer inspection system application segment can experience 14.7% CAGR in the assessment period. The high adoption of wafer inspection systems for the effective instrumental maintaince in case of high process throughput, plus the need to detect particles at the bottom of contact holes and the surface can prompt the market growth.
The end-user based segments of the semiconductor inspection system market are large and small & medium enterprises (SMEs). The large enterprise segment can dominated the semiconductor inspection system market due to rapid industrialization and high demand for equipment that can be used to operate in large-scale assemblies. Large organizations outsource the businesses of ancillary to focus on their main businesses. This can impel the market growth.
Regional Insight
Asia Pacific semiconductor inspection market is likely to rise due to the increase in demand for consumer electronics with semiconductor wafers. The high adoption of smart devices integrated with semiconductor wafers across China and the rest of APAC can impel the regional market growth. In addition, the presence of well-established manufacturers can underpin the market growth. In North America, the semiconductor inspection market rise can be attributed to the improved financial fluidity in the semiconductor sector. The favored trend of localization can impel the expansion of the market in North America. In Europe, the high demand for economic and high performance semiconductors can augmented EU semiconductor inspection market growth. The flourishing electronics, aviation, and automotive sectors in Germany, followed by the rest of EU can drive the regional market growth.
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Intended Audience
• Government
• Memory Manufacturers
• Semiconductor Product Manufacturing Companies
• Sensors and ICs Manufacturers
• Electronic Component Suppliers
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