Published Date: 21-Feb-2023
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According to a new report, published by KBV research, The Global Semiconductor Etch Equipment Market size is expected to reach $33.3 billion by 2028, rising at a market growth of 8.4% CAGR during the forecast period.
The Wet segment is showcasing a CAGR of 9.9% during (2022 - 2028). This is because these processes were crucial in a 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 segment acquired maximum revenue share in the Global Semiconductor Etch Equipment Market by Process in 2021 thereby, achieving a market value of $21.6 billion by 2028. 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 segment is showcasing a CAGR of 8.8% during (2022 - 2028). They are semiconductor manufacturers who make chips for other organizations, which is owing to the segment growth. They manufacture chips for companies that are fabless 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 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $14.2 billion by 2028. The Europe market is exhibiting a CAGR of 8.2% during (2022 - 2028). Additionally, The North America market would showcase a CAGR of 7.7% during (2022 - 2028).
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, and Suzhou Delphi Laser Co., Ltd.
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North America Semiconductor Etch Equipment Market Future Scope & Opportunities 2022-2028
Europe Semiconductor Etch Equipment Market Size & Growth Forecast 2022-2028
Asia Pacific Semiconductor Etch Equipment Market Size, Share & Industry Outlook to 2028
LAMEA Semiconductor Etch Equipment Market Growth, Trends & Forecasts 2022-2028