Epitaxy deposition: Key market research findings
- Advent of 3D NAND
- Increasing number of M&A and fabless semiconductor companies
Technavio has released a new market research report on the global epitaxy deposition market, which is expected to grow at a CAGR of 11% between 2016 and 2020. The semiconductor manufacturers are developing and optimizing technology such as compact ICs, which will create the demand for advanced and new epitaxial deposition equipment, to meet the requirements of semiconductor devices, during the forecast period. APAC leads the global epitaxy deposition market, accounting for 71% of the total market share. The presence of a large number of semiconductor foundries, such as TSMC, Samsung, and SMIC, is driving the market in this region.
The new industry research report from Technavio discusses in detail the key drivers and trends responsible for the growth of this market and its sub-segments.
“Owing to the rise in demand for smartphones, tablet PCs, and notebooks, the original equipment manufacturers (OEMs) are expected to introduce new 3D NAND-integrated products such as ICs. This will prompt 3D NAND sellers to revamp their existing fabs. Moreover, the demand for specially designed DRAM for particular applications is also increasing as they consume very less power. Vendors are expanding their production facilities to match the demand, which is creating the demand for epitaxy deposition equipment,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research
Semiconductor companies are moving to the fabless model mainly to reduce overhead expenses related to operations and maintenance of foundries. Most of these companies are concentrating on the design and development of their solutions and are subcontracting their fabrication and other foundry-related activities to specialized companies. Due to this, the ratio between foundries and fabless companies is 1:11 in the global semiconductor market. Companies are also considering M&A to increase their production facility and market share.
The key vendors in the global epitaxy deposition market are Applied Materials, ASM International, Hitachi Kokusai Electric, LAM RESEARCH, and Tokyo Electron. The market has considerable potential for new vendors due to the low concentration of existing vendors. Competition in this market is expected to intensify during eth forecast priod owing to increase in M&As and technological advancements.
A more detailed analysis is available in the Technavio report, Global Epitaxy Deposition Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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