Elettronica
Semiconductor etch equipment Market to Reach $ 46,382.5 million, Globally, by 2031 at 8.3% CAGR: Allied Market Research
Increase in demand for electronic products such as mobiles and computers has increased the demand for semiconductors, thereby increasing the demand for semiconductor etch equipment. Furthermore, rise in demand for hybrid circuits also positively influences the growth of the market. On the other hand, fluctuating prices of raw materials can restraints the growth of the market. However, shifting focus of governments of emerging economies towards semiconductor manufacturing, is anticipated to positively influence the growth of the market.
By type, the dry etch equipment segment held the major share in 2021, holding around three-fifth of the global semiconductor etch equipment market revenue. The wet etch equipment segment is expected to showcase the highest CAGR of 8.5% during the forecast period, attributed to the higher accuracy of wet etch equipment.
By process, the conductor etch segment contributed to the highest share in 2021, accounting for around three-fifths of the global semiconductor etch equipment market revenue. The dielectric etch segment would also showcase the fastest CAGR of 8.6% throughout the forecast period. This is attributed to its extensive use in automotive, medical and electronics industry.
By end user, the integrated device manufacturers segment accounted for nearly two-fifths of the global semiconductor etch equipment market share in 2021, and is expected to rule the roost by 2031. The foundry segment would also display the fastest CAGR of 9.1% throughout the forecast period. This is attributed to rapid growth of semiconductor manufacturing industry in Asia-Pacific region.
By region, Asia-Pacific garnered the highest share in 2021, accounting for nearly half of the global semiconductor etch equipment market revenue in 2021, and is projected to retain its dominance by 2031. The LAMEA region would also portray the fastest CAGR of 8.6% during the forecast period. Rapid growth of semiconductor processing industry in
China and Taiwan is expected to propel the market growth.
The report analyzes these key players in the global semiconductor etch equipment market. These players have adopted various strategies such as expansion, acquisitions, partnerships, and others to increase their market penetration and strengthen their position in the industry. The report is helpful in determining the business performance, operating segments, developments, and product portfolios of every market player.
Global wafer processing equipment market is projected to reach
$14.4 billion by 2031.
Global digital manufacturing market registering a CAGR of 16.5% from 2021 to 2030.
Global semiconductor metrology and inspection market is projected to reach
$13.3 billion by 2031.
Global semiconductor assembly equipment market is projected to reach
$8,162.3 million by 2030.
Global semiconductor inspection system market is projected to reach
$8.9 billion by 2031.
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