Semiconductor dielectric etching equipment: Key market research findings
- Shift towards FinFET architecture
- Increasing demand for smart devices
Technavio has released a new market research report on the global semiconductor dielectric etching equipment market, to its semiconductor devices portfolio. The global semiconductor dielectric etching equipment market is expected to grow at a CAGR of around 3% between 2016 and 2020. The miniaturization of mobile and consumer electronics devices has led to advancements in semiconductor wafer specifications and optimization of the semiconductor production process, thereby boosting the demand for semiconductor dielectric etching equipment. APAC dominates the global market for semiconductor dielectric etching equipment, accounting for 65% of the total market share. The existence of major semiconductor device manufactures in Japan, South Korea, and Taiwan is the key reason for the major revenue contribution.
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.
“One of the major upcoming trends in this market is the adoption of fin-shaped field effect transistor (FinFET) architecture. Growing demand for smart electronic devices such as smartphones, digital cameras, notebooks, PCs, PDAs and tablets is driving the demand for FinFET designs. FinFET design uses dielectric etching as one of the major etching steps in its designing process, thus increasing the demand for semiconductor dielectric etching,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research.
The increasing demand for smart devices such as smartphones and tablets is one of the factors, which is expected to drive the market growth. The penetration rate of smartphones in developed regions such as North America, Western Europe, China, and Japan is around 80 percent of the population. The rising shipments of smart devices is projected to foster the demand for semiconductor devices such as flat panel display screens and NAND flash memory, which are integral parts of smartphones.
The key players in the global semiconductor dielectric etching equipment market include Applied Materials and Lam Research. The competition in this market is intense despite the low concentration of vendors due to the strong foothold of existing vendors in the market. Moreover, it is expected that the competition among these vendors will increase during the forecast period due to technological advancements in the semiconductor industry and strategic alliances among vendors.
A more detailed analysis is available in the Technavio report, Global Semiconductor Dielectric Etching Equipment Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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