Semiconductor Inspection System Market 2019: Global Analysis by Size, Growth, Trends, Opportunities, Development Status, Key Players and Regional Forecast 2023

Market Research Future published a research report on “Semiconductor Inspection System Market Research Report – Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Overview

The global semiconductor inspection system market can touch a valuation of USD 6.91 billion by 2023, discloses Market Research Future (MRFR) in its latest report. The market is anticipated to attain a growth rate of 14.3% during the forecast period (2017-2023).

Primary Drivers and Key Restraints

A tectonic shift in the semiconductor industry has been noted in recent years, given the substantial surge in the internet of things (IoT) market. The semiconductor sensor technology holds immense significance, turning IoT into reality. Thus, semiconductor inspection systems have become extremely important, to produce sensors of high quality.
At present, miniaturization has gained massive momentum, especially in the manufacturing of semiconductor devices. Miniaturization has led to reduction of material cost; however, it has elevated the complexity within the assembly lines. This can be detrimental for the productivity of a specific assembly line. This situation has resulted in the strong demand for semiconductor inspection systems, which has the ability to control high-performance inspection as well as evaluation tools.

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Emergence of connected devices coupled with the rising need for semiconductor memory devices like dynamic random-access memory (DRAM) and 3D NAND can benefit the market in the years to come. Soaring demand for notebooks, gaming consoles, smartphones, tablets, network switches, set-top boxes, and digital cameras is also anticipated to stimulate market growth.

Key Players

Rudolph Technologies, Inc., JEOL Ltd., Nanometrics, Inc., KLA-Tencor Corporation, Applied Materials, Inc., Nikon Metrology NV, Lasertec Corporation, Hitachi High-Technologies Corp., Thermo Fisher Scientific, Inc., and ASML Holding NV are noteworthy players in the Semiconductor Inspection System Market. Players in the market are focusing on reducing the size of integrated circuits while possessing double the capacity and speed of previous generational semiconductor chips. Advent of IoT and urgent need for sensors in connected devices can present new growth opportunities for these players.

Market Segmentation

Type and end-user are the primary segments based on which the global semiconductor inspection system market has been analyzed by MRFR.

Considering the type, the semiconductor inspection system market includes wafer and mask inspection systems. The wafer inspection system segment can achieve a CAGR of 14.7% during the given timeframe. Wafer inspection systems note high demand as they help maintain high process throughput, in addition to detecting particles present at the bottom of contact holes as well as on the surface.

The end-users in the market are large and small & medium enterprises (SMEs). The large enterprise segment was recognized as the largest market in 2017, thanks to rapid industrialization along with robust demand for a wide array of equipment that is used in large-scale assemblies. Large organizations generally outsource ancillary businesses, due to which they are able to focus more on their core businesses.

Regional Insight

Europe, North America, Asia Pacific (APAC), and Rest-of-the-World (RoW) are the main markets for semiconductor inspection system.

APAC has been identified as the most prominent market for semiconductor inspection systems, in addition to being the fastest-growing market. The main participants that have helped the region attain the top position include China, Japan and South Korea. These countries are home to a number of semiconductor component manufacturers. In addition, massive demand for wafers in consumer electronics products can lead the regional market to greater heights in the forthcoming years.

Vigorous market growth has been observed in North America, due to the presence of ambitious vendors that strive to improve their financial fluidity to invest in semiconductor inspection systems. Apart from this, localization has emerged as a highly favored trend among manufacturers, which is which can offer numerous growth opportunities to the market in the near future. The surging number of merger and acquisition activities are deemed to help the market advance in the region. For instance, Xcerra Corporation had formed a merger agreement with Cohu Inc. in 2018, which solidified Cohu’s position at the regional as well as global level.

The Europe market can be characterized by the mounting demand for low cost and top-quality semiconductors. Germany is one of the most profitable markets for semiconductor inspection system in the region, as the country comprises well-established electronics and automotive sectors. Also, soaring demand for gaming consoles, tablets, laptops, smartphones and set-top boxes are also set to work in favor of the regional market in the following years.

The MEA semiconductor inspection system market is witnessing steady growth, on account of the emergence of new vendors that are attempting to widen their customer base. Intense competition among industry players paired with substantial production of semiconductor inspection systems in the region boosts market growth in the region. Moreover, increasing demand for semiconductor integrated circuits (ICs) for use in industrial, consumer electronics and automobiles in the region is prompting several firms to up their production during the evaluation period.

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Intended Audience

• Government
• Memory Manufacturers
• Semiconductor Product Manufacturing Companies
• Sensors and ICs Manufacturers
• Electronic Component Suppliers

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