Technavio expects global optical patterned wafer inspection equipment market to reach over $2.5 billion by 2020

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Optical patterned wafer inspection equipment: Key market research findings

  • Technological advancements in the semiconductor industry
  • Increased demand coming from automotive sector

Technavio has released a new market research report on the global optical patterned wafer inspection equipment market, which is expected to grow at a CAGR of 10% between 2015 and 2019. The prevalent use of semiconductor wafer over a wide variety of industries, such as consumer electronics, automotive, and industrial segment is stimulating the global optical patterned wafer inspection equipment market. APAC is the largest contributor to this market, occupying nearly 70% of the total market revenue. The main reason for this region’s growth is the existence of a majority of prominent semiconductor foundries such as Taiwan Semiconductor Manufacturing, United Microelectronics, and Semiconductor Manufacturing International.

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.

“Following the advancements in consumer electronics sector, such as emergence of 3D LEDs and UHD TVs, and hybrid laptops, the demand for semiconductor ICs will increase steadily during the forecast period. As a result, the demand for semiconductor wafers will heighten, which in turn, will increase the semiconductor capital equipment spending and the demand for optical patterned wafer inspection equipment,” says Asif Ghani, Lead Analyst, Hardware & Semiconductor, Technavio Research.

Of late, the automotive industry is increasingly adopting semiconductor ICs in automobiles, owing to increased need towards automation in vehicles. Several types of semiconductor ICs are profusely used in the automotive products, for instance, airbag control, global positioning systems, anti-lock braking systems, car navigation and display, power doors and windows, infotainment, automated driving, and collision detection technology.

The leading vendors in the global optical patterned wafer inspection equipment market include Applied Materials and KLA-Tencor. This market has a high market growth potential, due to the surge in the semiconductor industry, which has prompted the semiconductor manufacturers to expand their production capacity and expenditure on fab equipment.

A more detailed analysis is available in the Technavio report, Global Optical Patterned Wafer Inspection Equipment Market 2015-2019.

We can customize reports by other regions and specific segments upon request.

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