TechNavio recognizes the following companies as the key players in the Global Semiconductor Stepper Equipment Market: ASML Holding N.V., Canon Inc., and Nikon Corp.
Commenting on the report, an analyst from TechNavio’s team said: “One of the major trends witnessed in the Global Semiconductor Stepper Equipment market is the continuous reduction in the size of chip designs. Currently, vendors in the market are focusing on manufacturing miniaturized semiconductor ICs that consume less power. Since the market is witnessing a continuous reduction in the size of chip designs, semiconductor manufacturers are focusing on factors such as integrating different features, reducing the size of semiconductor wafers, and lowering IC power consumption. Therefore, the usage of semiconductor stepper equipment is increasing in the market, thereby, increasing the demand for miniaturized wafers.”
According to the report, the biggest factor driving the growth of the market is the increasing demand for the integration and miniaturization of semiconductor ICs. Integration is achieved by layering the chips into a single device that is supported through bump processes and TSV. The semiconductor stepper equipment accommodates these TSV and bump processes. Therefore, this rising demand has created more demand for semiconductor stepper equipment, thus driving the growth of the Global Semiconductor Stepper Equipment market.
Further, the report states that the most important issue confronting the market is the cyclical nature of the Semiconductor industry as a result of which semiconductor stepper equipment manufacturers often experience fluctuating revenues, which in turn adversely affects profitability.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/report/global-semiconductor-stepper-equipment-m…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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