Ion Beam Technology Market: Rising Demand for Thin Wafers in Consumer Electronics to Boost Adoption

The global market for ion beam technology features a highly consolidated competitive landscape, with the leading four vendors, namely Hitachi High-Technologies Corporation, Canon Anelva Corporation, Veeco Instruments, and Scia Systems, cumulatively accounting for an over 56% of the overall market in 2016, observes Transparency Market Research (TMR) in a recent report. Operating amid the relatively high level of competition, companies are more focused on product innovation and development and technological advancements to fortify their footing in the market. An instance is the introduction of a new generation focused ion beam scanning electron microscope by Zeiss in March 2017.

Strategic partnership and business expansion is another popular strategy adopted by companies in the market, obvious from the vast rise in number of strategic acquisitions witnessed in the global ion beam technology market in the past few years. As an instance, the company Plasma Therm acquired Nano Etch Systems Inc. of California, a leading developer of ion beam deposition (IBD) and ion beam etch (IBE) system in 2016, in order to expand its ion beam equipment offerings.

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Transparency Market Research estimates that the global ion beam technology market, which was valued in terms of revenue at US$367.0 mn in 2016, will reach a valuation of US$679.1 mn by 2025, exhibiting a CAGR of 7.2% from 2017 to 2025.

In terms of technology, the segment of ion beam etching system held the dominant share in the global ion bean technology market in 2016 and is anticipated to retain its position over the forecast period as well, chiefly owing to its extensive utilization across various integrated circuit manufacturing processes. In terms of geography, the market in the Asia Pacific region dominated the global ion beam technology market in terms of revenue contribution in 2016. This region is also anticipated to retain its leading stance over the forecast period.

on beam technology is an advanced technique which is primarily used across materials science, semiconductor industry and also increasingly utilized in biological field for ablation and deposition of materials and for site specific analysis. Ion beam systems have been commercially produced majorly for large semiconductor manufacturers for more than twenty years. These systems use focused ion beams that can be operated at high beam currents for site specific milling or sputtering or low beam currents for imaging. In addition, ion beam technology is also used commonly in order to prepare samples for transmission electron microscopes.

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While the mainstream application of ion beam systems remains within the semiconductor industry, the usage of these instruments has expanded to other application areas such as geology, forensics, biology, pharmaceuticals, composites, ceramics, and metallurgy. Ion beam technology has achieved widespread application in the fields of material science and biological science when it is coupled with a scanning electron microscope (SEM) column to develop a dual beam focused ion beam system. Moreover, new advancements are being constantly developed for nanotechnology and materials characterization. This vast range of applications is expected to provide the global ion beam technology market vast scope of development in the next few years.

Transparency Market Research estimates that the market will exhibit a promising CAGR of 7.2% from 2017 to 2025, rising from a valuation of US$367.0 mn in 2016 to US$679.1 mn by 2025.

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

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This release was published on openPR.