The growing popularity of light emitting diode (LED) is a trend that may prove to be a boon for the global wafer cleaning equipment market in the near future.
Albany, NY -- (SBWIRE) -- 04/07/2017 -- Global Wafer Cleaning Equipment Market: Overview
Ubiquity of smartphones, laptops, tablets, and other portable electronic devices in the past decade has had a pied piper effect on the electronic industry. Innovation is in full swing too, consistently introducing new products that offer improved performance, are durable, and cost efficient. In this scenario, the demand for semiconductor wafers, which are among the basic building blocks of any electronic device along with PCBs, ICs, MEMS, and memory devices, has escalated exponentially in the recent past. Wafer cleaning an essential operation in the fabrication of semiconductor devices, particularly for the advanced ULSI silicon circuits in next generation electronic devices. Consequently, the global wafer cleaning equipment market is projected for a robust growth rate during the forecast period of 2017 to 2025.
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Global Wafer Cleaning Equipment Market: Key Trends
Diversifying conventional application of MEMS and increase in the number of cleaning steps required by the wafer manufacturing sector are two of the key factors that are expected to fuel the demand in the global water cleaning equipment market. In addition to that, the shift to single wafer processing from conventional processes and increasing demand for smart gadgets and printed electronics are other two favorable factors that may positively influence the global wafer cleaning equipment market.
The growing popularity of light emitting diode (LED) is a trend that may prove to be a boon for the global wafer cleaning equipment market in the near future. Involvement of smaller players in the recent past has substantially reduced the prices of LEDs and demand has surged, owing to their strikingly better lighting and longevity. Conversely, high capital required to establish in this market is restricting the emergence of new players with novel concepts, and thereby challenging the prosperity of the market.
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Global Wafer Cleaning Equipment Market: Market Potential
With constant research in the field in the past few years, the understanding of defects and surface contamination in the semiconductor industry has evolved multi-fold. Moreover, researchers are now more aware of factors such as particle adhesion, measurement, and deposition, which has enabled them to device better removal strategies. This advancement in the technology pertaining to semiconductors is expected to boost the global market for wafer cleaning equipment during the forecast period.
Global Wafer Cleaning Equipment Market: Regional Outlook
China is the most prominent country-wise market for wafer cleaning equipment, but with growing demand from the countries such as Japan, Taiwan, and South Korea, Asia Pacific overall has quickly turned into the most lucrative region for the players in this market. Constantly evolving production quality standards and rapidly increasing demand for portable consumer electronics is expected to maintain an escalating demand from this region. North America is showing steady progress in the market for wafer cleaning equipment for the lack of manufacturing industries in the region.
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Global Wafer Cleaning Equipment Market: Competitive Analysis
SCREEN Holdings Co., Ltd., Shibaura Mechatronics Corporation, and Tokyo Electron Limited are three of the leading players dominating the Chinese demand in the global wafer cleaning equipment market, while Applied Materials, Inc., Lam Research Corporation, Modutek Corporation, Entegris, Inc., and PVA TePla AG dominate in other parts of the world. Research and development of new products with enhanced attributes and partnerships with regional players are the common strategies adopted by these players to maintain their stronghold over the market.
Quantumclean, SEMES Co. Ltd, Onboard Solutions Pvt Ltd., Tokyo Electron, Ultron Systems, Inc., Strabausch, Speedline Tech, and Stoelting Llc are some of the other notable players in this market.
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