Driven by the increasing demand for the miniaturization of electronic circuits in consumer electronic devices and rising industrial automation, and widespread chip integration in the demand for the studied market, the Global Semiconductor Metrology and Inspection Equipment Market is Forecasted to Cross US$ 15 Bn by 2028 says Ken Research Study.
Semiconductor metrology instruments are designed for wafer and thin film in-line inspection after semiconductor processing. Semiconductor metrology instruments include ion manufactories, C- V systems, interferometers, source measure units (SME) magnetometers, optic and imaging systems, profilometers, reflectometers, resistance probes, and resistance high-energy electron diffraction (RHEED) systems, and X-ray diffractometers, among others.
Ken Research shares 3 key insights on this high-opportunity market from its latest research study.
1. The Semiconductor metrology and Inspection Equipment Market has Witnessed a Moderate Surge due to Rising Industrial Automation
According to Research estimates, the Global Semiconductor Metrology and Inspection Equipment Market – which was valued from around US$ 7 Bn in 2017 to nearly US$ 10 Bn by 2022 – is expected to grow further to more than US$ 15 Bn opportunity by 2028.
The adding demand for artificial automation and an increasing number of smart device usages are key for gainful competitiveness and national security. Semiconductor invention is essential to advance the global economy into the digital changeover period, artificial intelligence, and 5G communications. The economic viability of revolutionary usages like augmented and virtual reality, the Internet of Things, Industry 4.0 technology, and self-driving automobiles is quickly approaching which is anticipated to boost the market growth.
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2. Growing Smart Devices Application to Drive the Market Growth
The adding demand for artificial automation and an increasing number of smart device usages are key for gainful competitiveness and national security. Semiconductor invention is essential to advance the global economy into the digital changeover period, artificial intelligence, and 5Gcommunications. The economic viability of revolutionary usages like augmented and virtual reality, the Internet of Things, Industry 4.0 technology, and self-driving automobiles is quickly approaching which is anticipated to boost the market growth.
3. High Investments and Maintenance Expenses and the Complications of Structure and Functional Defects in Manufacturing Procedures are Expected to Obstruct the Market Growth
- One of the major challenges faced by the semiconductor metrology and inspection equipment market is the high cost involved in inspecting the manufacturing process and also the amount of investment required to carry out the process in a perfect way due to the increasing miniaturization of the gadgets. Not all companies can afford these costs which in turn would slow down the process and affect the growth of the market.
- According to McKinsey the R&D cost of the chip design cost are soaring according to different chip sizes. For a chip size of 5 nanometers, the cost of chip design is US$ 540 Mn.
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Key Topics Covered in the Report
- Snapshot of the Global Semiconductor Metrology and Inspection Equipment Market
- Industry Value Chain and Ecosystem Analysis
- Market size and Segmentation of the Global Semiconductor Metrology and Inspection Equipment Market
- Historic Growth of the Overall Global Semiconductor Metrology and Inspection Equipment Market and Segments
- Competition Scenario of the Market and Key Developments of Competitors
- Porter’s 5 Forces Analysis of the Global Semiconductor Metrology and Inspection Equipment Market
- Overview, Product Offerings, and SWOT Analysis of Key Competitors
- COVID-19 Impact on the Overall Global Semiconductor Metrology and Inspection Equipment Market
- Future Market Forecast and Growth Rates of the Total Global Semiconductor Metrology and Inspection Equipment Market and by Segments
- Market Size of Type / Organization Size Segments with Historical CAGR and Future Forecasts
- Analysis of the Semiconductor Metrology and Inspection Equipment Market in Major Regions
- Major Production / Consumption Hubs in the Major Regions
- Major Country-wise Historic and Future Market Growth Rates of the Total Market and Segments
- Overview of Notable Emerging Competitor Companies within Each Major Country
Major Players Mentioned in the report
- KLA Corporation
- Applied Materials Inc.
- Onto Innovation Inc.
- Thermo Fisher Scientific Inc.
- Hitachi High-Tech Corporation
- Nova Ltd.
- ASML Holding NV
- Lasertec Corporation
- JEOL Ltd.
- Nikon Metrology NV
- Camtek Limited
- Unity Semiconductor SAS
Notable Emerging Companies Mentioned in the Report
- Advantest Corporation
- Cadence Design Systems Inc.
- GCT Semiconductor Inc.
- Micross Silicon Turnkey Solutions
- INNOPHASE
Key Target Audience – Organizations and Entities Who Can Benefit by Subscribing This Report
- Metrology/Inspection Suppliers
- Semiconductor Processing Companies
- Semiconductor Manufacturers
- Wafer Fabrication Companies
- MOCVD Engineering Firms
- Semiconductor Research and Development Institutes
- Electronics Market Research & Consulting Firms
- Banking and Financial Institutions focused on Semiconductor Industry
- Semiconductor IP Suppliers
- Semiconductor Chip Manufacturers
- SoC and Hardware Suppliers
- Government & Regulatory Authorities
- PCB Designers and Manufacturers
- Components and Material Suppliers for Semiconductor Inspection Equipment
- Semiconductor Testing & Inspection Companies
- Government Ministries and Departments of Electronics Industry
Time Period Captured in the Report
- Historical Period: 2017-2021
- Forecast Period: 2022E-2028F
For more information on the research report, refer to below link:
Global Semiconductor Metrology Market
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