Semiconductor stepper system: Key market research findings
- Rising demand for flip chip and advanced packaging technologies
- Increase in number of fabless semiconductor companies
Technavio has released a new market research report on the global semiconductor stepper system market. Growing demand for miniaturization and integration of semiconductor ICs is propelling the growth in the stepper system market, as semiconductor ICs require accurate and precise lithography equipment for processing denser wafers. Moreover, increasing demand for large-screen flat panel displays (FPDs) and growing number of fabs have propelled the demand for stepper systems, as these are used to print pixelate circuit on wafers, which enhance the picture clarity. APAC accounts for 72% of the total market share, owing to the presence of manufacturers of semiconductor ICs in the 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.
“Of late, the semiconductor industry is witnessing the emergence of new technologies due to reduction in node sizes, which is impacting the lithography process. Lithography is one of the most important steps in flip chip packaging that is used to ensure successful wafer bumping. The use of stepper technology enables uniform exposure over wafer, thus proving more advantageous than contact aligners. Owing to miniaturization modifications, the industry has adopted high-resolution techniques, which has increased the cost of lithography,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research
Growth in the semiconductor industry is leading to increase in capital investment and expansion of fabs. Increase in number of fabs will have a positive impact on the wafer fab equipment market, as construction of fabs require new equipment, thereby triggering the demand for semiconductor stepper systems in the market. Now-a-days, there is a considerable rise in the number of fabless semiconductor companies. Theses fabless companies focus on design and development of devices and semiconductor chips while outsourcing fabrication and foundry-related activities to companies that specialize in manufacturing, assembly, and testing of semiconductor ICs.
The leading vendors in the global semiconductor stepper system market are ASML, Canon and Nikon. The market is dominated by some of the prominent vendors that account for more than 85% of the market in terms of revenue. The market is consolidated with intense competition among the players. Owing to rapid technological changes in the semiconductor industry, the vendors constantly work upon upgrading their system or adopting new technologies for better market share.
A more detailed analysis is available in the Technavio report, Global Semiconductor Stepper System Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
Other related reports:
