Albany, NY -- (SBWIRE) -- 12/26/2016 -- Semiconductor wafers form an integral part of various components used abundantly in different electronic devices. The quality and performance of electronic devices is directly proportional to the quality of semiconductor wafers used in it. High quality of wafer surface is very essential for suitable and easy fabrication of very large scale integration (VLSI) and ultra large scale integration (ULSI) circuits. Thus, utmost quality standards is followed in the manufacturing process of semiconductor wafers to make them free from contamination. Presence of dirt or unwanted materials during semiconductor wafer manufacturing process, results in degradation of wafer's quality and in turn affects the performance of electronic devices negatively. Thus, importance of semiconductor wafer cleaning equipment is predicted to increase extensively across various semiconductor industry during the forecast period from 2016 to 2024 for making these wafers contamination free and to ensure greater production yield.

In order to provide detailed analysis of the market, the global semiconductor wafer cleaning equipment market can be segmented into product type and technology. Based on product type, the market can be bifurcated into single-wafer processing systems, auto wet stations and scrubbers among others. On the other hand, by technology, the market can be classified into cryogen aerosol based cleaning technology, local area cleaning technology, supercritical fluid based cleaning technology, vapor cleaning technology and fine particle detection technology. Geographically, the market can be segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

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Rapid growth of the semiconductor industry across the globe is the primary factor predicted to drive the market of semiconductor cleaning equipment at an exponential rate during the forecast period from 2016 to 2024. Increasing demand of semiconductor wafer for different applications such as consumer electronic devices, sensor devices, communication and memory devices among others is predicted to increase the production of semiconductor wafers. This in turn is anticipated to increase the demand of wafer cleaning equipment globally. Moreover, the rising trend of miniaturizing semiconductor integrated circuits (ICs) is expected to trigger the production of compact semiconductor wafers, which in turn is anticipated to augment the demand of semiconductor wafer cleaning equipment globally.

However, high initial capital investment is one of the primary factor limiting many manufacturers to enter in the semiconductor cleaning equipment manufacturing process. This in turn is anticipated affect the market of semiconductor cleaning equipment negatively during the forecast period from 2016 to 2024. In addition, robust technological changes taking place in the semiconductor market globally is also anticipated to pose a threat towards the growth of semiconductor cleaning equipment market in the coming years.

By product type, single-wafer processing systems held the largest market share in terms of revenue in 2015. The main reason behind this segment's dominance is attributed to the increasing adoption of this system in various semiconductor industry across the globe owing to its high efficiency and throughput.

Based on geography, the Asia Pacific region held the largest market share in 2015. This region is also anticipated to witness the fastest growing market during the forecast period owing to increasing output of electronic industry in line up with increasing semiconductor production. The market of semiconductor wafer cleaning equipment in Asia Pacific region is majorly driven by the countries such as China, Taiwan and India among others. Rising demand of portable consumer electronic devices, reduction in size of microelectronic devices coupled with advancement in material used in semiconductor manufacturing process in these regions is the primary factor predicted to accelerate the demand of semiconductor wafer cleaning equipment during the forecast period.

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Some of the major players operating in the semiconductor wafer cleaning equipment market are Dainippon Screen Mfg. Co. Ltd. (Japan), Cleaning Technologies Group (U.S.A), Akrion Systems LLC (U.S), Tokyo Electron Limited (Japan), Lam Research Corporation (U.S), MEI Wet Processing Systems and Services LLC (U.S), Falcon Process Systems LLC (U.S.A) and Modutek Corporation (U.S) among others.