Ion Beam Technology Market (Technology - Ion Beam Etching System and Ion Beam Deposition System; Application - Frequency Trimming of BAW (Bulk Acoustic Wave) Filter, Surface Trimming of SAW (Surface Acoustic Wave) Filter, Thickness and Pole Width Correction of Thin Film Recording Head, and Coating of Dielectric Film) - Global Industry Analysis, Trend, Size, Share and Forecast 2017 - 2025
Albany, NY -- (SBWIRE) -- 07/17/2017 -- Global Ion Beam Technology Market: Snapshot
Ion beam technology is an advanced technique which is primarily used across materials science, semiconductor industry and also increasingly utilized in biological field for ablation and deposition of materials and for site specific analysis. Ion beam systems have been commercially produced majorly for large semiconductor manufacturers for more than twenty years. These systems use focused ion beams that can be operated at high beam currents for site specific milling or sputtering or low beam currents for imaging. In addition, ion beam technology is also used commonly in order to prepare samples for transmission electron microscopes.
While the mainstream application of ion beam systems remains within the semiconductor industry, the usage of these instruments has expanded to other application areas such as geology, forensics, biology, pharmaceuticals, composites, ceramics, and metallurgy. Ion beam technology has achieved widespread application in the fields of material science and biological science when it is coupled with a scanning electron microscope (SEM) column to develop a dual beam focused ion beam system. Moreover, new advancements are being constantly developed for nanotechnology and materials characterization. This vast range of applications is expected to provide the global ion beam technology market vast scope of development in the next few years.
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Transparency Market Research estimates that the market will exhibit a promising CAGR of 7.2% from 2017 to 2025, rising from a valuation of US$367.0 mn in 2016 to US$679.1 mn by 2025.
Coating of Dielectric Film to Remain Leading Application of Ion Beam Technology
The report segments the key applications of the ion beam technology into frequency trimming of bulk acoustic wave (BAW) filter, surface trimming of surface acoustic wave (SAW) filter, thickness and pole width correction of thin film recording head, and coating of dielectric film. Of these, the use of the ion beam technology for coating of dielectric films helps the global ion beam technology market earn the most significant share in revenue. The segment accounted for a significant share of 32% of the overall market in 2016 and is expected to continue to lead over the report's forecast period as well, exhibiting a promising 7.5% CAGR from 2017 to 2025.
The segments of frequency trimming of BAW filters and surface trimming of SAW filters, collectively holding a massive share in the market, are expected to witness healthy growth over the forecast period owing to the rising proliferation of smartphones and other mobile computing devices across the globe. The rising integration of wireless technology in smartphones is also expected boost the demand for ion beam technology in trimming applications in SAW and BAW filters.
Asia Pacific to Remain at Forefront of Future Development
In terms of geography, the global ion beam technology market is presently dominated by Asia Pacific. The regional market held a massive 46.2% of the overall market in 2016 and is expected to remain at the forefront of all future development of the global market over the next few years. Growth of the Asia Pacific market will be attributed chiefly to the extensive research and development activities witnessed in the field of ion beam technology with the view of overcoming its limitations. Moreover, high penetration of nanotechnology in emerging countries such as China, Japan, and India is also predicted to drive the demand ion beam technology in the coming years.
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North America, the second-leading contributor of revenue to the global market in 2016, is expected to benefit from the rapid technological advancements in the field of consumer electronics. The rising demand for technologically advanced smart home devices and wearable consumer electronic devices will fuel the demand for small integrated circuits in the region in the near future, driving the market for ion beam technology for applications such as cutting unwanted electrical connections, or/and depositing conductive material to make new connections.
Some of the leading players operating in the global ion beam technology market are Veeco Instruments Inc. (New York), Scia Systems GmbH (Germany), Hitachi High-Technologies Corporation (Japan), and Canon Anelva Corporation (Japan).