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Market OverviewMarket Research Future (MRFR) has announced a new release on the global semiconductor inspection system market. The report assesses the global semiconductor inspection system market from various angles and presents readers with a comprehensive overview of the market, its current conditions, and future growth outlook over the 2017-2023 forecast period.
Semiconductor inspection systems are systems used to inspect and detect faults in semiconductor systems prior to fabrication. The growing semiconductor industry has benefitted the Semiconductor Inspection System Market and is likely to be the major growth driver for the market over the forecast period. The growing electronics industry is the major driver for the global semiconductor inspection system market and is likely to remain the foremost contributor in the coming years due to the growing demand for consumer electronics in regions across the world.
The rapid emergence of the Internet of Things and its incorporation into a wide range of industries is also likely to drive the semiconductor industry and, consequently, drive the semiconductor inspection system market over the forecast period. According to the MRFR report, the global semiconductor inspection system market is likely to reach a value of USD 6.91 billion by 2023, exhibiting a robust 14.3% CAGR over the 2017-2023 forecast period.
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Industry Segments
The semiconductor inspection system market globally has been segmented on the basis of types, region, and end users. The type of semiconductor inspection system is divided into mask inspection system and wafer inspection whereas the end users are large organization and SMEs. The regions that are a part of the semiconductor inspection system market are North America, Middle East, Europe, APAC, and Africa.
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.
Regional Analysis
The semiconductor inspection system market covers such as Europe, APAC, North America, Africa and the Middle East. The Asia Pacific region controls the market of semiconductor inspection system owing to the existence of manufacturing industry in the Asian nations. China, Japan, and South Korea control a very rich setting for the manufacturing companies. Moreover, the growing economy of India and China are making high demands for the electronic products which is motivating the market of semiconductor inspection.
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Industry Update:
May 2018 Xcerra Corporation and Cohu, Inc. have recently announced they have entered into a decisive merger agreement following which Cohu will acquire Xcerra for an arrangement of cash and stock. The acquisition is likely to make Cohu a leader in semiconductor test globally, with joint sales for Cohu and Xcerra in a surplus of $800 million for the past twelve months. This planned acquisition is an influential grouping of two complementary firms that will quicken their strategy to diversify their product offerings and reinforce Cohu’s position as a global leader in back-end semiconductor equipment. The acquisition of Xcerra will increase their addressable market to about $5 billion across contactors, handlers, test, and inspection, additionally reinforcing their ability to completely capitalize on the growth opportunities in the IoT, industrial, automotive, and mobility markets.
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Name: ABHISHEK SAVANT
Email: Send Email
Organization: Market Research Future
Website: https://www.marketresearchfuture.com/
Release ID: 88963006
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