Semiconductor deposition: Key market research findings
- Miniaturization of devices to drive growth in the market
- APAC to continue its dominance over the market through the forecast period
- Key vendors – Applied Materials, ASM, Tokyo Electron, Hitachi Kokusai Electric, and Lam Research
Technavio’s market research analysts predict the global semiconductor deposition market to grow at a CAGR of more than 16% between 2016 and 2020. The market’s growth is fundamentally driven by the increase in the miniaturization of semiconductor devices. Optimization in semiconductor device manufacturing technology coupled with the emergence of compact devices such as smartphones, tablets, compact notebooks, and slim and curved TVs is spurring the demand for small-sized ICs. During 2015, the APAC region dominated the global semiconductor deposition market by occupying close to 72% of the overall market space. The presence of prominent semiconductor foundries such as TSMC, Samsung, and SMIC in the region is expected to fuel growth in the semiconductor deposition market in APAC during the forecast period.
The new market research report from Technavio presents a breakdown and analysis of the semiconductor deposition segments based on the technology.
“Recently, it has been observed that the application of IoT across industry verticals has been increasing. IoT-connected devices makes use of sensors and actuators to collect and transmit data to a centralized location on a real-time basis. Owing to this advantage, the adoption of IoT is witnessing an upsurge, especially in market segments such as consumer electronics, automotive, and medical sectors,” says Asif Ghani, Lead Analyst, Semiconductor, Technavio Research.
During 2015, the chemical vapor deposition (CVD) segment accounted for almost 56% of the total market share. CVD is the most commonly used deposition technology in the semiconductor chip fabrication process. The growing demand for electronic devices from industrial sectors such as consumer electronics, industrial equipment, automotive parts, and healthcare equipment is expected to fuel the demand for CVD equipment in the coming years.
The key vendors in the market include Applied Materials, ASM, Tokyo Electron, Hitachi Kokusai Electric, and Lam Research. The global semiconductor deposition market is highly competitive owing to the presence of a few, well-established vendors. The new vendors in this market find it extremely difficult to compete with the major vendors because of the need for high initial investments, constant technological advances in the industry, and the cyclical nature of the industry. Players in the market are constantly looking for ways to enhance their market presence by focusing on the implementation of various new technology and M&A activities.
A more detailed analysis is available in the Technavio report, Global Semiconductor Deposition Market 2016-2020.
We can customize reports by other regions and specific segments upon request.
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