ID: MRFR/SEM/1265-CR | 110 Pages | Published By Ankit Gupta on February 2020
Global semiconductor inspection system market size to reach 8.3 Billion at a 5.1% CAGR during the assessment period (2022-2030).
$ 8.3 Billion
5.1%
Asia-Pacific
2022-2030
Market Research Future (MRFR) predicts the global semiconductor inspection system market size to reach USD 8.3 Billion at a 5.1% CAGR during the assessment period (2022-2030). Semiconductor inspection systems, as the name suggests, are systems capable of detecting flaws or defects in semiconductor chips prior to fabrication. Growing demand for high-performing and low-cost semiconductor chips is the major factor driving the market. The demand for wafers in the consumer electronics sector is projected to boost market demand over the forecast period. The advent of the Internet-of-Things (IoT) and its subsequent integration in connected devices in critical industries can bode well for the industry and provide it with a much-needed impetus. The growth of small and medium-sized companies will fuel market demand in the coming years.
COVID-19 Impact on the Global Semiconductor Inspection System Market
Implementation of a number of regulations by the governments of multiple nations to cope with the COVID-19 pandemic, such as a complete shutdown of manufacturing facilities, limited production, and reduced demand for end products, is projected to have an impact on the growth of the global semiconductor inspection system market.
Market Dynamics
The most recent technical developments have greatly contributed to a major transformation in the semiconductor inspection system. The increasing proliferation of the Internet of Things (IoT) and the advent of connected devices are expected to spur the overall growth of the global market for semiconductor inspection systems.
Increasing demand for high-performance and low-cost semiconductors are primary drivers of market growth. Semiconductor inspection systems offer vital benefits, such as equipment problem detection, durability, and high performance, and no delays in production are driving the development of the market.
Restraints
A limited number of manufacturers, a lack of resources, and volatile raw material prices are potential constraints that impede the global market for semiconductor inspection systems.
The wafer inspection system segment is projected to have a CAGR of 5.1% during the forecast period. Wafer inspection systems are instrumental in maintaining a high process throughput and in detecting the particles in the bottom of the contact holes and on the surface.
The large enterprise segment led the market in 2030 due to rapid industrialization and the need for a wide variety of equipment to work in large-scale assemblies. Large organizations can outsource ancillary businesses to concentrate on their core businesses.
Regional Analysis
APAC is the largest revenue-generating market for semiconductor inspection systems. Increased domestic IC production in this region is a critical factor in the growth of demand. India, Nepal, Bangladesh, and Thailand are the main markets in the APAC.
Competitive landscape
Players in the industry concentrate on reducing the size of integrated circuits while at the same time having twice the capacity and speed of previous-generation semiconductor chips. The advent of IoT and the urgent need for sensors in connected devices can give these players new growth opportunities.
Key Players
The global semiconductor inspection system market key players are Rudolph Technologies, Inc., JEOL Ltd., Hitachi High-Technologies Corp., Nanometrics, Inc., KLA-Tencor Corporation, Applied Materials, Inc., Nikon Metrology NV, Lasertec Corporation, Thermo Fisher Scientific, Inc., and ASML Holding NV.
Recent Developments
A few companies dominate the market for semiconductor inspection system. Among them, Applied Materials, Inc. is one of the largest providers of semiconductor inspection system solutions with a 13% share. KLA-Tencor recently launched its next-generation e-beam inspection system (PROVision) to ensure accurate process characterization, prediction, and detection of output and yield-limiting defects across the company's IC fab-based reticle inspection portfolio.
KLA-Tencor Corporation manufactures semiconductors with mixed signals and has an 11 percent market share. KLA-Tencor inspection and metrology products and related offerings involve chip manufacturing, wafer manufacturing, reticle manufacturing, light-emitting diode (LED), power and compound semiconductor manufacturing, data storage media/head manufacturing, microelectromechanical systems (MEMS) manufacturing, and general-purpose/lab applications. KLA-Tencor Corporation has recently acquired Orbotech to extend its market reach within the electronics value chain, apart from process control. ASML Holding NV is a manufacturer of chip-making equipment involved in developing, manufacturing, marketing, and servicing advanced semiconductor equipment, consisting of lithography-related systems, and holds a 9% share. In particular, the company provides lithographic systems and related products.
Hitachi High Technologies Corp. is involved in the development, manufacturing, marketing, and sale of electronic and electrical equipment systems and owns 8% shares. The strategy of the company is to introduce numerous new products to improve the development framework for addressing changing consumer needs in the next generation cutting-edge processes and memory mass production technologies.
Nikon Metrology specializes in the manufacture of metrology solutions for automotive, aerospace, medical, telecommunication/satellites, energy, consumer goods/white goods/household, electronics, universities/research, and manufacturing markets. It has a market share of 6%. The company focuses on new product development by investing aggressively in its research and development and product enhancement initiatives to broaden its product range to different industry verticals.
Report Overview
This report estimates revenue growth at global, regional, and country levels and offers an insight into the latest developments in each of the sub-sectors from 2022 to 2030. For the purpose of this analysis, MRFR divided the global semiconductor inspection system market report by type, end-use, and region.
Segmentation Table
By Type
By End-user
Report Attribute/Metric | Details |
---|---|
Market Size | USD 8.3 Billion |
CAGR | 5.1% |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Billion) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Type, End-user |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Vendors | Rudolph Technologies, Inc., JEOL Ltd., Hitachi High-Technologies Corp., Nanometrics, Inc., KLA-Tencor Corporation, Applied Materials, Inc., Nikon Metrology NV, Lasertec Corporation, Thermo Fisher Scientific, Inc., and ASML Holding NV |
Key Market Opportunities | Increasing demand for semiconductor wafers in consumer electronics due to high adoption of smart devices by the consumers. |
Key Market Drivers |
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global semiconductor inspection system market is expected to reach USD 8.3 Billion by 2030.
global semiconductor inspection system market is expected to expand at 5.1% CAGR from 2022 to 2030.
global semiconductor inspection system market is driven by low cost of high-performing semiconductor chips.
APAC can lead in the global semiconductor inspection system market.
JEOL Ltd., KLA-Tencor Corporation, Lasertec Corporation, Applied Materials, Inc., Rudolph Technologies, Inc., Thermo Fisher Scientific, Inc., ASML Holding NV, Nanometrics, Inc., Nikon Metrology NV, and Hitachi High-Technologies Corp. are key players of the global semiconductor inspection system market.