semiconductor CVD equipment market is expected to register a CAGR of 9.5%, over the forecast period (2018 – 2023). The scope of the report includes product type and end users of semiconductor CVD equipment. The regions included in the scope of the report are North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
CVD Technology helps to manufacture high-performance solid materials to produce thin films for the semiconductor industry. In typical CVD, the substrate (wafer) is exposed to one or more volatile precursors, which react and decompose on the substrate surface to produce the anticipated deposit. Microfabrication processes use CVD technology to deposit materials in various forms, including polycrystalline, monocrystalline, epitaxial, and amorphous. Increase in demand for microelectronics and consumer electronics devices and applications of the technology for several end-users is boosting the growth of the semiconductor CVD equipment market.
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Increase in Demand for Microelectronics and Consumer Electronics to Fuel the Demand
Increase in the sale of microelectronics and consumer electronics is expected to fuel the demand for semiconductor ICs, during the forecast period. The increase in demand for semiconductor ICs is predicted to improve the production capacity of semiconductor device manufacturers, which, in turn, is expected to augment the need for semiconductor chemical vapor deposition equipment. Also, governments and industry stakeholders are keenly following the advances in the microelectronics industry as these technologies might potentially disrupt and also boost the market for the Internet of Things. R&D for microelectronics may also increase with the impending bandwidth crunch, due to the improved penetration of virtual reality and augmented reality devices.
Asia-Pacific To Hold The Largest Semiconductor CVD Equipment Market Share
The Asia-Pacific region is expected to occupy the largest market share in the semiconductor CVD equipment market. The growth of the market in the region is due to progression of electronics and semiconductor industries, mainly in China. The rise in industrialization and increase in the number of end-user industries and companies in developing economies, such as China and India, offered numerous untapped opportunities. The region is expected to witness the highest growth rate, over the forecast period, due to the presence of emerging economies and development in electronics industries. Evolving countries in the region are important consumers and producers of chemical vapor deposition.
Key Developments in the Semiconductor CVD Equipment Market
May 2018: Aixtron, a worldwide leading provider of deposition equipment to the semiconductor industry delivered a high-end MOCVD technology to its long-standing customer Visual Photonics Epitaxy Co. Ltd (VPEC) to meet the increasing demand for AsP-based lasers.
Feb 2018: Veeco Instruments Inc. announced that Lumentum Holdings Inc. has ordered the Veeco k475I MOCVD System for next-generation applications, including 3D Sensing, High-speed fiber-optic communications, and laser-based materials processing.
Aixtron, Veeco Instruments Inc., ASM International, Tokyo Electron Limited, CVD Equipment Corporation, Lam Research Corporation, Applied Materials Inc., Hitachi Kokusai Electric, Applied Materials, Plasma-Therm, and Adeka Corporation
Reasons to Purchase Semiconductor CVD Equipment Market Report
Current and future outlook of the global semiconductor CVD equipment market
Performance of various segments in the market
Analyzing different perspectives of the market with the help of Porter’s five forces analysis
Segments and sub-segments expected to dominate the market
Regions expected to witness expedited growth during the forecast period
Latest developments, market shares, and strategies employed by major market players
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