- The key vendors in the Global Optical Metrology Market are KLA-Tencor Corp., Nanometrics Inc., Nova Measuring Instruments Ltd. and Rudolph Technologies Inc.
London, 20 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Optical Metrology Market 2014-2018. The report analyzes various trends emerging in the market which are likely to generate market growth over the forecast period of 2013-2018. The major factor driving this market is the rising adoption of smartphones and tablets worldwide, which has, in turn, increased the demand for semiconductor wafers, thereby contributing to the Global Optical Metrology market.
Optical metrology is a technique that utilizes the interaction of light with an object to evaluate or assess unknown quantities. The potential to operate in large measurement volumes and the ability to set the focus of the measurement exactly at the desired point are the major benefits of the optical metrology technique. These systems are used by semiconductor companies worldwide during the semiconductor manufacturing process. The market is expected to grow at a CAGR of 6.43 percent during the period 2013-2018.
“In recent years, a number of advanced products have been introduced into the Global Consumer Electronics market and the Global Communication Devices market”, says Faisal Ghaus, Vice President of TechNavio Research.
“Manufacturers in these markets have increased their product portfolios to maintain their positions and evolve their businesses in line with rapid advances in technology. This has led to an increase in the need for semiconductor ICs and increased demand for optical metrology systems.”
Application of Miniaturized Products
Miniaturized personal electronic products consume less power which has encouraged semiconductor foundries to focus on factors such as integrating different features, reducing the size of semiconductor wafers, and reducing IC power consumption. Increase in the number of miniaturized wafers will lead to an increase in the usage of optical metrology systems.
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.
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