RF Plasma Generator Market CAGR of 16.4% from 2021 to 2031

Economical and mid-frequency RF(radiofrequency) plasma generators are transforming the plasma processing landscape. There is a growing demand for compact design and flexible communication protocol in generators. This explains why the RF plasma generator market is projected to advance at a significant CAGR during the years 2021 to 2031.

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Manufacturers are innovating in versatile and variable frequency RF plasma generators that are ideal for semiconductor and general plasma-processing applications such as sputtering, plasma deposition, and surface treatment. They are increasing the availability of compact, rack-mountable, and air-cooled packages for easy installation, which helps to save space. Companies are developing generators that enable access to the lowest reflected power commercially available.

Increase in Imports & Exports Holds Potential for Business Growth amid COVID-19 Outbreak

The RF plasma generator market is experiencing disruptions across customer demand, supply of materials, and unavailability of logistics services during the ongoing COVID-19 outbreak. The shortage of chips for the manufacturing of semiconductor devices and electronics has been affecting revenue streams. Nevertheless, participants in the market are becoming competitive in pricing for RF plasma generators and re-shuffling their production activities to adapt to the volatile demand & supply trends amid the ongoing pandemic.

Companies in the RF plasma generator market are anticipated to revive business growth, owing to the opening up of end markets such as electronics, energy & power, and semiconductor industries. The increase in import and export of generators due to a surge in shipments is expected to boost market growth.

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Next-gen RF Plasma Generators Align with Compact Installations

The RF plasma generator market is transforming with increased availability of systems with unique features for configuration, control, and application requirements. However, there is a need for systems that can perform even in limited space. Hence, manufacturers are competing to develop generators with different mounting options and power to meet demanding applications. Chamber-, rack- and frame- mount options are gaining prominence in next-gen RF plasma generators.

Companies in the RF plasma generator market are developing systems with enhanced arc management. They are innovating in generators that can be easily customized and configured as per different process requirements. Manufacturers are increasing production for high-power density RF plasma generators that can be used for compact installations.

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PECVD Semiconductor Applications Fueling Demand for RF Plasma Generators

Semiconductor applications are creating stable income sources for companies in the RF plasma generator market. Plasma-enhanced chemical vapor deposition (PECVD) and high-density plasma chemical vapor deposition (HDPCVD) applications are growing prominent in the semiconductor industry.

One of the prime applications of RF plasma generators is found in semiconductor fabrication for the production of integrated circuits or chips. On the other hand, chemical vapor deposition (CVD) is fueling the demand for these generators in order to deposit dielectric films such as silicon dioxide and silicon nitride for the production of electric devices. On the other hand, plasma-enhanced atomic layer deposition (PEALD) is used to deposit materials with high precision to create ultra-thin and uniform films at relatively low temperatures.

Advanced RF Plasma Generators Offer Wide Power Ranges in End Applications

Manufacturers in the RF plasma generator market are boosting R&D in industry-leading and repeatable power delivery in systems for core plasma applications. These generators are helping end users to advance in process development with a new focus on operating flexibility. Manufacturers are boosting the production for RF generators that offer wide frequency and power ranges in end applications. There is a growing demand for generators that support multiple integration scenarios and equipped with standard serial or analog interfaces.

Leading-edge RF generators offer high plasma density and ion energy required by high aspect ratio devices and speed process for the next node of semiconductor processing tools. The digital architecture of advanced RF plasma generators provides precise power management and streamlines new function integration.

RF Plasma Generator Market: Overview

According to Transparency Market Research's latest research report on the global RF plasma generator market for the historical period 2017-2019 and the forecast period 2021-2031, increase in the demand for flat panel displays for better viewing experience and rise in adoption of PECVD technology for high-throughput solar cell deposition are expected to boost the global RF plasma generator market during the forecast period

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Increase in Demand for Flat Panel Displays for Better Viewing Experience: Key Driver of Global RF Plasma Generator Market

Flat Panel Displays (FPDs) are extensively used in mobile phones, laptop computers, desktop computer monitors, and TVs. Several display technologies have been developed for FPDs, such as liquid crystal display (LCD), plasma display panel (PDP), light emitting diode (LED), organic light emitting device (OLED), and field emission display (FED).
Technological advancements in FPDs, such as Interactive Flat Panel Display, fuels the demand of FPDs. These interactive flat displays are designed for interactive white boarding, videoconferencing, and screen sharing applications, and extensively utilized in applications such as education and corporate collaboration.
RF plasma generators are utilized for low cost and high yield in highly demanding thin film processing applications, which is suited for Plasma Enhanced Chemical Vapor Deposition (PECVD), High Density Plasma CVD (HDPCVD), etching, and other thin film applications during the manufacture of flat panel displays
Rise in consumer demand for large LCD televisions, increase in screen size of smartphones, and surge in the development of automotive display are key factors driving the demand for flat panel display, and consequently RF plasma generator. Consistent efforts are being taken by manufacturers for next-generation display technology to improve picture quality. Moreover, adoption of technologically advanced flat panel displays that offer better display imaging technology in healthcare is driving the demand for FPDs and consequently, RF plasma generators too.
Rise in Adoption of PECVD Technology for High-throughput Solar Cell Deposition Drives RF Plasma Generator Market

Rising adoption of renewable energy sources due to environmental benefits coupled with increasing demand for electricity is fueling the demand for solar cells. Numerous technological developments are in the process to reduce the manufacturing cost and improve performance efficiency of solar cells. Governments from different regions are continuously working toward formulating policies to provide photovoltaic projects with grid connection convenience. Countries such as China, Canada, the U.S., and France are aggressively promoting the use of solar energy.
For instance, in July 2019, the Government of Canada launched the Climate Action Incentive Fund (CAIF) delivering up to US$ 218 Mn. Eligible recipients would benefit from funding for projects to decrease energy usage, and reduced cost & carbon pollution. Thus, such initiatives are promoting the adoption of solar cell across the globe.
PECVD is a leading technology and industry standard for solar cell passivation and anti-reflective coating. This technology offers high throughput, outstanding process performance, and lowest total cost of ownership. PECVD of thin film silicon solar cells with uniform thickness and film surface microstructure optimizes light trapping. Therefore, it is extensively utilized for solar cell deposition.
Increase in demand for clean, reliable, and environment-friendly energy source to reduce dependency on fossil fuels is expected to propel the demand for solar cell and consequently, drive the RF plasma generator market over the next few years

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