Semiconductor Inspection System Market Research Report- Forecast till 2027 —
The semiconductor inspection system market is anticipated to grow by US$6.91 billion by 2023 rapidly growing at a CAGR of 14.3% during the forecast period 2017 to 2023. The global semiconductor inspection system market is driven by emerging technological developments and high demand for high-performance semiconductors.
Factors like growing demand for low-cost semiconductors featuring high-performing tasks as well as growing need for advanced product solutions support the semiconductor inspection system market growth. The performance of the semiconductor inspection system market has also been studied for the past and current years. Additionally, the semiconductor inspection system market report provides analysis of these segments. The semiconductor inspection system market segmental analysis provided in the report offers major details about the semiconductor inspection system market based on the data and forecasts till 2023.
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The global semiconductor inspection system market is segmented on the basis of type and end-user
Types of semiconductor inspection systems are wafer inspection system and mask inspection system. The increasing adoption of novel consumer electronic devices and emerging manufacturers drive the growth of the wafer inspection system segment. Furthermore, the advantages offered such as longer wafer life and timely detection of defects fuels the wafer inspection system market expansion.
The end-users in the market are small & medium enterprises and large organizations.
Companies in the semiconductor inspection system market are spread across the world. The semiconductor inspection system market report provides major information about regional markets of North America, Europe, Asia-Pacific (APAC), and the rest of the world. The North American semiconductor inspection system market has many companies across the United States, Canada, and Mexico. The semiconductor inspection system market of the Middle East, Africa, and other regions has also been studied by analysts. The regional analysis of the semiconductor inspection system market can be found in the market research report. Europe has companies in the semiconductor inspection system market across Germany, France, Spain, Italy, and the United Kingdom. A detailed analysis of the semiconductor inspection system market across India, China, and Japan in the Asia-Pacific region is also presented in the report.
The North America region has surged vigorously due to existing players in the market trying to improve their financial fluidity in a bid to invest in semiconductor inspection systems. Furthermore, localization is a favored trend in the region by manufacturers in the region. Increasing merger and acquisition activities are fueling the market size. For instance, in 2018, Xcerra Corporation and Cohu, Inc. entered into a merger agreement which strengthened Cohu’s position in the market.
In Europe, rising in demand for low costing and high performing semiconductors has augmented the market growth. Countries such as Germany are a hub for electronics and automotive sectors that drive the market expansion in this region. Moreover, vast demand for laptops, gaming consoles, smartphones, tablets, and set-top boxes will expand the size of the market in Europe.
The Middle East and Africa market is witnessing a steady surge due to new entrants making their way into the region and widen their customer base. Stiff competition between market players and substantial production of semiconductor inspection systems strive to fuel the market growth. Moreover, increasing demand for semiconductor integrated circuits (ICs) in applications such as consumer electronics, automobiles, and industrial sector in the region is prompting the firms to increase their production in this region.
The semiconductor inspection system market is supported by the arrival of connected devices and integration of IoT in many products and devices coming from different industry verticals. The population growth around the world and increasing demand of semiconductor inspection system market based services and products also support the market growth. However, the semiconductor inspection system market growth can be affected due to shortage of raw material and other resources. The report covers all such details which will help companies in the semiconductor inspection system market to strengthen their business plan and improve their product portfolio. The semiconductor inspection system market research report also provides company profiles of major companies. The company profiles of many organizations operating in the semiconductor inspection system market report highlights crucial details like company size, revenue growth, and details of mergers and acquisitions taking place in the semiconductor inspection system market. New companies and established businesses can plan their strategies based on this data provided in the semiconductor inspection system market research report.
Onto Innovation recently acquired Inspectrology. The firm, headquartered in Sudbury, Massachusetts, United States, is a provider of overlay metrology for the management of lithography & etch processes throughout the semiconductor industry. The professional Inspectrology team has been delivering technology to all of its customers since 1983. The acquisition price is 1.4x Inspectrology's complete 1-year revenues during 2020 of about $20 million. Acquisition and related purchase costs were paid by the cash reserves of Onto Innovation.
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Semiconductor Inspection System Market Research Report Information: By Type (Wafer, Mask), By End-user (SMEs, Large Enterprises) – Forecast till 2027
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