According to a new report, published by KBV research, The Global Semiconductor Etch Equipment Market size is expected to reach $39.8 billion by 2030, rising at a market growth of 8.0% CAGR during the forecast period.
The Wet market is showcasing a CAGR of 9.5% during (2023 - 2030). This is because these processes were crucial in pattern-defining etch. In wet etching, the material being processed through a chemical reaction is contacted with a primary or acidic chemical liquid to remove unwanted areas. In this process, the acidic or basic chemical liquid is used as an etchant, which is cost-effective. In addition, multiple foil leaves can be traced at once, which aids the wet etching to increase productivity. These features of the wet etch equipment are expected to propel the segment’s growth.
The Conductor market has shown the growth rate of the Global Semiconductor Etch Equipment Market, By Process in 2022 thereby, achieving a market value of $24.8 billion by 2030. This is because it precisely shapes electrically active components like transistors, while also forming an insulating structure that protects conducting parts. Etch processes also create tall, high-aspect-ratio features, such as through-silicon vias (TSVs), which allow the packaging of chips and micro-electromechanical systems (MEMs). Hence, as they allow the precise shaping of electrically active components joined with their other features, the market segment’s growth is expected in the projected period.
The Foundry market is poised to grow at a CAGR of 8.6% during (2023 - 2030). They are semiconductor manufacturers who make chips for other organizations, which is owing to the segment growth. They manufacture chips for companies that are fables or don’t manufacture chips by themselves. Many well-known companies outsource chip making. Also, a large company that designs and manufactures chips may sell its excess products and act as a foundry time-to-time. These qualities of the foundry are expected to propel the segment’s growth.
The Asia Pacific market dominated the Global Semiconductor Etch Equipment Market, By Region in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $18.7 billion by 2030. The Europe market is exhibiting a CAGR of 7.8% during (2023 - 2030). Additionally, The North America market would witness a CAGR of 7.2% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/semiconductor-etch-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Panasonic Industry Co., Ltd. (Panasonic Holdings Corporation), ULVAC, Inc., Hitachi High-Tech Corporation (Hitachi, Ltd.), Tokyo Electron Ltd., Applied Materials, Inc., SPTS Technologies Ltd. (KLA Corporation), ASML Holding N.V., Samco, Inc., EV Group, Suzhou Delphi Laser Co., Ltd and Lam Research Corporation.
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