Plasma Etching Equipment Market Size, Status and Global Outlook 2021 to 2026

The Global Plasma Etching Equipment Market Research Report Forecast 2020 – 2025 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The report also takes into account the impact of the novel COVID-19 pandemic on the Plasma Etching Equipment market and offers a clear assessment of the projected market fluctuations during the forecast period. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehend Plasma Etching Equipment data that enhances the understanding, scope, and application of this report.

The plasma etching equipment market is expected to register a CAGR of over 8% over the forecast period (2020 - 2025).

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Plasma Etching Equipment Market: Applied Materials Inc., Lam Research Corporation, and Tokyo Electron Ltd., and Others.

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Company Development:

- August 2019 - Lam Research Corporation announced new solutions to help customers increase chip memory density, which is needed for applications such as AI and machine learning (ML). With the announcement of VECTOR DT for backside deposition and EOS GS wet etch for film removal on backside and bevel, the company continues the expansion of its stress management product portfolio. This VECTOR DT system is the newest addition to the company's plasma-enhanced chemical vapor deposition (PECVD) product family.
- October 2018 - Tokyo Electron Limited announced the launch of Impressio 3300 PICP, a dry etch system with a high-density plasma source that enables high-resolution processing of G10.5 (2,940 mm x 3,370 mm) glass substrates. This newly announced Impressio3300 PICP is a unique dry etch system that introduces the PICP module to G10.5 panel processing and can be used for producing high-definition LCDs and OLED displays.

Scope of the Report:

Plasma etching is form of plasma processing used to fabricate integrated circuits (IC's). It is also called as dry etching since conventional etching processes are carried out with wet-chemical corrosive acids. Plasma etching is one of the most frequently used processes in semiconductor manufacturing.

Key Market Trends:

Growth of the Semiconductor Industry Boosting the Market's Growth

- The growth of plasma etching equipment is dependent on the growth of the semiconductor industry across the world. The primary use of plasma in the electronic industry is in semiconductors chip manufacturing. Enhancements in technology are boosting the market of integrated circuits, which, in turn, is boosting the market of plasma etch.
- Plasma etching is used extensively in the fabrication process of integrated circuits. According to SEMI, China may top the rest of the world in fab investment in 2020, with more than USD 20 billion in spending, driven by memory and foundry projects, funded by both multinational and domestic companies. Currently, 25 new fab construction projects are planned in China.
- Moreover, the continuous advancements in consumer electronics, industrial automation, and the use of sensors in automotive are proliferating the applications of semiconductors and their demand across almost all the industry sectors.
- Many major players are investing in its fabrication expansions plans. For instance, Intel inc has invested USD 11 billion for the new fabrication plant in Israel. Such expansion plans are fueling the growth of the semiconductor etching equipment.
- 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.
- Currently, AI, 5G, automotive electronics, have become the one of the primary adopters of the semiconductor industry. The development of 5G and AI are driving new intelligent applications and boosting the demand and growth of integrated circuits. Hence, the growth of the semiconductor industry is expected to continue to grow in the future.

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Regional Analysis:

Asia-Pacific is Expected to Witness Highest Growth Rate

- The market in Asia-Pacific is expected to grow significantly owing to the 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. According to Zenith estimates, five markets had smartphone penetration approximately above 90% in 2018, which includes Netherlands (94%), Taiwan (93%), Hong Kong (92%), Norway, and Ireland (each at 91%). China was expected to have the highest number of smartphone users (around 1.3 billion), followed by India, with approximately 530 million users. Such statistics indicate the potential of the region for the plasma etching equipment market.
- 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.
- According to Yin Zhiwei, the founder of China Micro Semiconductor Equipment, the future production rate in the field of the etching machine is expected to reach 50%.

Important Features that are under Offering and Key Highlights of the Reports:

– Detailed overview of Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Plasma Etching Equipment Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth

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Note: All the reports that we list have been tracking the impact of COVID-19 the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team

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