Albany, NY -- (SBWIRE) -- 05/17/2018 -- The global semiconductor wafer cleaning equipment market is primarily being driven by a growing concern for upgrading and enhancing products and production standards in the semiconductor devices industry. Increasing device performance and reliability are core quality standards that the semiconductor industry goes by, and the global semiconductor wafer cleaning equipment market is an essential part of that process. The shift in technology types from conventional to single wafer processing is considered as one of the leading drivers of the global semiconductor wafer cleaning equipment market currently. Additionally, the growing demand for printed electronics and smart gadgets is another driving factor for the global semiconductor wafer cleaning equipment market. The increasing production of semiconductors in developing regions – especially the MEA region – is expected to provide key opportunities for participants over the coming years. However, the market is being stifled by the high capital required to get established in it.
The global semiconductor wafer cleaning equipment market was valued US$3.8 bn in 2015. Owing to growth factors such as the ones mentioned above, this market's revenue is anticipated to reach USD 7.28 bn by the end of 2024, after expanding at a CAGR of 7.7% from 2016 to 2024.
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Rotary Wafer Etching Systems Gather Top Share in Global Semiconductor Wafer Cleaning Equipment Market
The market is segmented into rotary wafer etching system and manual wet batch system, on the basis of equipment types. Rotary wafer etching systems accounted for the dominant share in terms of revenue in 2015, a factor attributed to the increasing application of wafer cleaning and processing equipment in manufacture of a growing array of smart gadgets such as smartphones and in-vehicle entertainment and guidance systems. The market is segmented on the basis of end users, into chemical contamination, metallic contamination, and particle contamination. Metallic and particle contamination processes were the dominant end users in the global semiconductor wafer cleaning equipment market for 2015.
The market can also be segmented by technology, among which etch cleaning technology was leading it in terms of revenue for 2015, followed by front side up cleaning technology. Rising advancement and technological development in the design and manufacture of semiconductor devices and a growing concern for adherence to production process standards is creating a higher demand for the global semiconductor wafer cleaning equipment market.
APAC Leads Demand for Semiconductor Wafer Cleaning Equipment
Asia Pacific held the dominant share in the global semiconductor wafer cleaning equipment market for 2015, in terms of revenue. It is expected to maintain the leading position over coming years, followed by North America. Its lead is attributed to the growing production unit of semiconductor equipment. In addition, the growing need for portable consumer electronics devices and constantly evolving production quality standards are contributing to the development of the global semiconductor wafer cleaning equipment market. China dominated the market in terms of demand in 2015, within APAC, followed by Taiwan and Japan.
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Modutek Corporation (The U.S.), SCREEN Holdings Co., Ltd. (Japan), Speedline Technologies, Inc. (The U.S.), Lam Research Corporation (The U.S.), Falcon Process Systems (The U.S.), ONBoard Solutions Pty Ltd. (Australia), Cleaning Technologies Group (The U.S.), AP&S International GmbH (Germany), and Tokyo Electron Limited (Japan) were the leaders in the global semiconductor wafer cleaning equipment market for 2015.