The sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Wafer Fabrication Market. The growth sectors of the Wafer Fabrication Market are identified with precision for a better growth perspective.
The global wafer fabrication market is expected to grow from USD 50.56 billion in 2018 to USD ~62 billion by 2025, at a CAGR of ~4% during the forecast period. The process of producing electronic integrated circuits (IC) is complex. The equipment used for wafer fabrication includes epitaxial deposition equipment, oxidation systems, diffusion systems, ion implantation equipment among others. Silicon is the most common semiconductor used for wafer fabrication process. Increasing demand for electronic and electrical devices and the growth of the automotive industry are the major factors contributing to the growth of the global wafer fabrication market.
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Key players
The key players in the global wafer fabrication market are Lam Research Corporation (US), SCREEN Semiconductor Solutions Co., Ltd (Japan), Tokyo Electron Limited (Japan), SAMSUNG (South Korea), Applied Materials, Inc. (US), Hitachi High-Technologies Corporation (Japan), Motorola Solutions, Inc (US), Intel Corporation (US), KLA-Tencor Corporation (US), and ASML Holding NV (Netherlands).
Other prominent players studied for the global wafer fabrication market are Dainippon Screen Manufacturing Co. Ltd. (Japan), Nikon Corporation (Japan), Taiwan Semiconductor Manufacturing Company Limited (Taiwan), Merck KGaA (Germany), and Okmetic Oy (Finland) among others.
Regional Analysis
The global wafer fabrication market is projected to grow at a significant rate during the forecast period from 2019 to 2025. The geographic analysis of the global wafer fabrication market has been conducted for North America, Europe, Asia-Pacific, the Middle East and Africa, and Central and South America.
Asia-Pacific dominated the wafer fabrication market in 2018 due to the presence of major players in countries such as Japan and China. Also, the governments of the countries in the Asia-Pacific region are supporting the players operating in the market. North America is expected to be the fastest-growing region during the forecast period due to high adoption of IoT, artificial intelligence, and connected devices across industry verticals in the region. The market in Europe is expected to show significant growth owing to presence of a widespread automotive market in the region. The markets in the Middle East and Africa and Central and South America are expected to show significant growth in wafer fabrication market in coming years.
Segmentation
The global wafer fabrication market has been segmented on the basis of equipment type, fabrication process, end user, and region.
Based on equipment type, the global wafer fabrication market has been segmented into oxidation systems, diffusion systems, epitaxial reactors, photolithography equipment, ion implantation equipment, and others.
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Wafer Fabrication Market ShareWafer Fabrication is a process which comprises of several recurring subsequent techniques to produce photonic circuits or electrical on semiconductor wafers.
Some of the examples include LEDs, radio frequency (RF), optical computer parts, and CPUs.
Below mentioned are the steps involved in the fabrication process.Thermal oxidation or depositionMaskingEtchingDopingDielectric deposition and metallizationPassivationElectrical testAssemblyWhat is fab?A fab is a commonly used teem where these processes are carried out and accomplished.
A foundry is a fab at which semiconductor chips or wafers are fabricated to order for third party companies that sell the chip, such as fab acquired by United Microelectronics Corporation (UMC), Taiwan Semiconductor Manufacturing Company (TSMC), Semiconductor Manufacturing International Corporation (SMIC) and Global Foundries.Global Wafer Fabrication MarketThe Global Wafer Fabrication Market is estimated to grow from USD 50.56 billion in 2018 to USD 62 Billion by 2025 growing at a CAGR of 4% in the forthcoming period.
Rising demand for electronic and electrical equipment and the rise of the automotive sector is the most important factor driving the expansion of the wafer fabrication market 2020.Some of the renowned names in the field of wafer fabrication are SCREEN Semiconductor Solutions Co., Ltd (Japan), Lam Research Corporation (US), SAMSUNG (South Korea), Tokyo Electron Limited (Japan), Hitachi High-Technologies Corporation (Japan), Applied Materials, Inc. (US), Intel Corporation (US), Motorola Solutions, Inc (US), ASML Holding NV (Netherlands) and KLA-Tencor Corporation (US).It has been anticipated that the global wafer fabrication market will grow at a significant speed in the forthcoming period.
Increasing demand for electronic and electrical devices and the growth of the automotive industry are the major factors contributing to the growth of the global wafer fabrication market.Here are some of the important facts about wafer fabricationThe semiconductor wafer comprises silicon.
Wafer Fabrication MarketThe sudden challenges created by the ongoing COVID-19 are captured effectively to exhibit the long term growth projections in the MRFR report on Wafer Fabrication Market.
The growth sectors of the Wafer Fabrication Market are identified with precision for a better growth perspective.According to Market Research Future, the global wafer fabrication market has been segmented on the basis of equipment type, fabrication process, end user, and region.The electronic circuits manufactured using the wafer fabrication process are used for building the required electrical structures of electrical and electronic devices.
Growing automotive market across the globe is one of the factors contributing to the growth of the global wafer fabrication market.
Increasing use of fabricated components for in-vehicle infotainment, automobile body electronics, and driver safety systems has also fueled the demand for semiconductor equipment manufactured using the wafer fabrication process in the automotive sector.The global wafer fabrication market has been segmented on the basis of equipment type, fabrication process, end user, and region.Based on equipment type, the global wafer fabrication market has been segmented into oxidation systems, diffusion systems, epitaxial reactors, photolithography equipment, ion implantation equipment, and others.
The ion implantation equipment is the fastest growing segment as it involves the direct introduction of highly energetic, charged atomic species onto the target substrate.
Major players such as Applied Materials, Eaton, and Varian are using ion implantation equipment in their manufacturing processes.By fabrication process, the global wafer fabrication market has been segmented into front end of line processing and back end of line processing.
OverviewThe market for wafer fabrication 2020 can expect to reach a valuation of USD 62 Billion by 2025-end, asserts Market Research Future (MRFR).
Additionally, the market is likely to procure a growth rate of 4% during the forecast period, which is between 2019 and 2025.Primary Boosters and Main DeterrentsWith COVID-19’s growing menace worldwide, the semiconductor industry has been severely impacted, wherein various manufacturing facilities have been closed down and the production has taken a significant hit.
This has led to drastic disruption of the ecosystem, in line with numerous supply chain players setting up their production facilities out of China in order to curb their over dependency on the country.
Lockdowns in the wake of the pandemic has affected manufacturing and has also hauled the demand for semiconductor devices.That said, the Wafer Fabrication Market is presumed to do well in the years ahead, on account of the thriving consumer electronics industry, along with frequent technological innovations in the telecom sector.
The rapid advancements in network circulation have boosted the manufacturing of smartphones as well as other electronic devices that are extensively deployed in network and telecommunication applications; leading to more demand for fabrication and electronic components process.The wafer fabrication market also benefits from the escalating demand for silicon wafers, and the surge in equipment footprint.
Advancements in wafer technologies for denser packaging of semiconductor devices like transistors and MEMS (micro-electro-mechanical system) can emerge as lucrative opportunities for the industry contenders in the following years.Get Free Sample Report @ https://www.marketresearchfuture.com/sample_request/8401Key PlayersThe key players in the global wafer fabrication market are Lam Research Corporation (US), SCREEN Semiconductor Solutions Co., Ltd (Japan), Tokyo Electron Limited (Japan), SAMSUNG (South Korea), Applied Materials, Inc. (US), Hitachi High-Technologies Corporation (Japan), Motorola Solutions, Inc (US), Intel Corporation (US), KLA-Tencor Corporation (US), and ASML Holding NV (Netherlands).
