Market Research Report
Global Semiconductor Wafer Cleaning Equipment Market Forecast, 2019-2025
|Published by||Orion Market Research Pvt Ltd||Product code||839594|
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|Global Semiconductor Wafer Cleaning Equipment Market Forecast, 2019-2025|
|Published: May 8, 2019||Content info:||
Global Semiconductor Wafer Cleaning Equipment Market Size, Share & Trends Analysis Report by Equipment Type (Rotary Wafer Etching System, Semi-Automated Wet Batch System, and Manual Wet Batch System), by Application (Metallic Contamination, Chemical Contamination, and Particle Contamination), and Forecast, 2019 - 2025
Global semiconductor wafer cleaning equipment market is expected to witness significant growth during the forecast period of 2019-2025. Semiconductor wafer cleaning equipment are being used for cleaning purposes and remove any contaminants and impurities during the micro-fabrication process. The wafer cleaning equipment eliminates underperformance and dysfunction of various electronic components. Electronic manufacturing companies are using wafer cleaning equipment and process to enhance the performance of devices. Some of the major driving factors contributing to the growth of global semiconductor wafer cleaning equipment market include a rapid increase in the demand for smartphones, and tablets, growth in the semiconductor industry, and growing shift towards single wafer processing. A high growth rate has been observed in the people using smartphone across the globe. Moreover, the rate is projected to increase further due to growing internet penetration, thus, with the increase in demand, the production of the smartphone is surging which as a result, augmenting the global semiconductor wafer cleaning equipment market.
Additionally, lack of skilled workforce and strict and changing quality standards are major challenges in the global semiconductor wafer cleaning equipment market. Change in the regulations is impacting the market substantially due to growing environmental concern due to radioactive material. Despite these challenges, increasing application of printed electronics is estimated to fuel the semiconductor wafer cleaning equipment market during the forecast period.
Global semiconductor wafer cleaning equipment market is segmented on the basis of equipment type and application. The market is segmented into a rotary wafer etching system, semi-automated wet batch system, and manual wet batch system, on the basis of equipment type. Rotary wafer etching system is estimated to hold a substantial market share due to the convenient and compact design of etching systems. On the basis of application, the global semiconductor wafer cleaning equipment market is analyzed into metallic contamination, chemical contamination, and particle contamination.
Geographically, Asia-Pacific is estimated to have a considerable share in the global semiconductor wafer cleaning equipment market due to the presence of a high number of manufacturing facilities of electronic devices particularly in the emerging economies such as China, and India. Moreover, Asia-Pacific is growing with a considerable rate due to growing demand for portable consumer electronic devices. North America is also estimated to contribute a significant share in the global semiconductor wafer cleaning equipment market. The major factor contributing to the North American market growth is the presence of well-established ICT industry which as a result augmenting the demand for electronic and semiconductor industry.
Some of the players operating in the market include KLA Corp., Lam Research Corp., MEI Wet Processing Systems and Services, LLC, Entegris, Inc., Modutek Corp., Cleaning Technologies Group, Tokyo Electron Ltd., Yield Engineering Systems, Inc., and so many others.
The market study of the global semiconductor wafer cleaning equipment market is incorporated by extensive primary and secondary research conducted by a research team at OMR. Secondary research has been conducted to refine the available data to break down the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macroeconomic factors. Numbers extracted from Secondary research have been authenticated by conducting primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
The report is intended for electronic industry market players, research institutes, investment companies, government organizations for overall market analysis and competitive analysis. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.