High Adoption of Semiconductor ICs in Automobiles Triggering Growth Prospects in the Global Semiconductor CVD Equipment Market: Technavio Report

Renewable energy

 

  • The key vendors in the global semiconductor CVD equipment market 2016-2020 are Applied Materials, Lam Research, TEL, and Hitachi.

London, 09 November 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the global semiconductor CVD equipment market 2016-2020.   Many semiconductor device manufacturers are shifting their focus from logic, analog, and discrete devices to memory devices such as 3D NAND and DRAM. Due to increasing demand for high-functionality smartphones, tablet PCs, personal digital assistant, and notebooks, OEM are expected to launch new products integrated with 3D NAND. The global semiconductor CVD market is estimated to grow at a CAGR of 8.75% during the forecast period of 2015-2020.

The semiconductor industry is focusing on expansion of fabs by increasing capital spending. An increase in fabs will significantly impact the wafer fab equipment market, including the semiconductor CVD equipment market, as they will require new equipment that would trigger the demand. Construction of 36 fabs of memory devices will start by the end of 2015, while the construction of another 20 fabs is scheduled to start in 2016. Of the new fabs, 90% will be of 300 mm.

“Electrification and automation of automobiles have led to increasing need for semiconductor wafers. Several types of semiconductor ICs are used in automotive products such as airbag control, global positioning system, anti-lock braking system, car navigation and display, power doors and windows, infotainment, automated driving, and collision detection technology,” says Faisal Ghaus, Vice President of Technavio Research.

To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

If you are interested in more information on this topic and our upcoming research on the Global Semiconductor CVD Equipment Market 2016-2020, please send an e-mail to media@TechNavio.com

Follow us on Twitter @Technavio

Like us on Facebook

Follow us LinkedIn

Connect with us on Google+