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The semiconductor dielectric etching equipment market size is forecast to increase by USD 2.02 billion, at a CAGR of 10.67% between 2023 and 2028. The market is experiencing significant growth due to the rising demand for consumer electronics, particularly in the areas of computing, communication, and consumer durables. This trend is driving the need for advanced semiconductor technologies, leading to increased investment in dielectric etching equipment. Another key trend is the integration of generative artificial intelligence (AI) and machine learning (ML) into these systems, enabling higher precision and productivity. However, the high cost and maintenance requirements of semiconductor dielectric etching equipment pose challenges for market growth. Manufacturers must focus on developing cost-effective solutions while ensuring reliability and efficiency to meet the demands of the evolving semiconductor industry.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD billion " for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The dry etching systems segment is estimated to witness significant growth during the forecast period. The market is witnessing significant growth due to the increasing demand for advanced semiconductor equipment in smart devices. Dielectric substances such as silicon oxide and silicon nitride play a crucial role in the semiconductor fabrication process, requiring precise etching using dry etching equipment. This technology enables high aspect ratio etching for deep trenches and large cavities, essential for the production of flat panel displays, NAND flash memory, and other precision operations.
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The dry etching systems segment was the largest segment and valued at USD 1.28 billion in 2018. Industrial automation, machine learning, and artificial intelligence are driving the integration of semiconductors in various industries, including automotive sensors, autonomous vehicles, and 5G infrastructure. Foundries and integrated device manufacturers are expanding their fabrication plants and wafer production facilities to meet the growing demand for semiconductors. Hence, such factors are fuelling the growth of this segment during the forecast period.
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APAC is estimated to contribute 73% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market is witnessing significant growth due to the increasing demand for advanced logic and memory semiconductor solutions in high-tech sectors such as electronics, IoT devices, electric vehicles, and energy-efficient devices. The market is segmented into high-density etching equipment and low-density etching equipment based on the etching requirements. Dielectric etching and polysilicon etching are common etching processes used in semiconductor manufacturing. Selective etch products are gaining popularity due to the need for precise etching in 3D stacking technology. Conductor Etching is another critical process in semiconductor manufacturing. Hence, such factors are driving the market in APAC during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
AlixLabs AB: The company offers semiconductor dielectric etching equipment such as Atomic Layer Etch equipment, which enables the fabrication of tiny semiconductor components accurately and efficiently at a lower complexity.
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Market structure |
Concentrated |
YoY growth 2023-2024 |
7.29 |
The market is witnessing significant growth due to the increasing demand for advanced semiconductors in smart devices. Dielectric substances such as silicon oxide and silicon nitride play a crucial role in semiconductor fabrication, particularly in the etching process. Dry etching equipment, utilizing gases like carbon monoxide, is increasingly being adopted for high aspect ratio etching in the production of integrated circuits and other high-tech sectors. The semiconductor industry's manufacturing complexity continues to rise, driven by the miniaturization of transistors at semiconductor nodes and the development of AI, 5G, IoT, electric vehicles, and other advanced electronic devices. Wafer processing, including deposition and etching, is a critical aspect of semiconductor manufacturing. Wet etching equipment has long been the industry standard, but dry etching's advantages, such as higher precision and better selectivity, are driving its adoption. Automation and environmental regulations are also key trends in the semiconductor industry, influencing the development of advanced etching equipment. The wafer production facility's integration of these advanced technologies will continue to shape the market. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Rising demand for consumer electronics is notably driving market growth. The global market is experiencing significant growth due to the increasing utilization of semiconductors in the production of smart devices. These devices, including smartphones, tablets, wearables, and home appliances, necessitate intricate etching processes using dielectric substances such as silicon oxide and silicon nitride, applied via dry etching equipment, to ensure optimal functionality and performance.
Moreover, the adoption of advanced technologies like machine learning and artificial intelligence in various industries, including flat panel display, NAND flash memory, and automotive sensors for autonomous vehicles, is driving the demand for high aspect ratio etching capabilities to create deep trenches and large cavities. Thus, such factors are driving the growth of the market during the forecast period.
Integration of AI and ML into semiconductor dielectric etching equipment is the key trend in the market. The semiconductor industry's relentless pursuit of miniaturization and higher performance drives the demand for advanced dielectric etching equipment. Smart devices, such as smartphones, tablets, and wearables, fuel the growth of the market, as they require increasingly complex semiconductor designs using dielectric substances like silicon oxide and silicon nitride.
Moreover, the etching process, a crucial aspect of semiconductor fabrication, involves the precise removal of material using photoresist masks and dry etching equipment. Advancements in technology enable the etching of high aspect ratio structures, including deep trenches and large cavities, essential for 3D NAND memory, MIM capacitors, and other advanced components. Thus, such trends will shape the growth of the market during the forecast period.
High cost and maintenance requirements of semiconductor dielectric etching equipment is the major challenge that affects the growth of the market. The semiconductor industry's dependence on advanced dielectric etching equipment for intricate material removal and shaping processes in the fabrication of smart devices, such as Smartphones, tablets, and wearables, using dielectric substances like silicon oxide and silicon nitride, has resulted in significant market challenges.
Moreover, dry etching equipment, utilizing gases like carbon monoxide, is essential for high aspect ratio structures, deep trenches, and large cavities in semiconductors. This precision technology is indispensable for industrial automation applications, including flat panel displays, NAND flash memory, machine learning, artificial intelligence, Internet of Things, autonomous vehicles, and automotive sensors. Hence, the above factors will impede the growth of the market during the forecast period.
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
The market is witnessing significant growth due to the increasing demand for advanced semiconductor technologies in various industries. The use of dielectric substances such as silicon oxide and silicon nitride in the etching process of semiconductors is essential for creating high aspect ratio structures, deep trenches, and large cavities required in smart devices. The etching process in semiconductor fabrication involves the use of photoresist masks and dry etching equipment, often utilizing gases like carbon monoxide. Industries such as flat panel display, nand flash memory, and foundries are driving the market's growth. The integration of machine learning and artificial intelligence in manufacturing processes, including semiconductor manufacturing, is leading to increased precision operations and industrial automation. The semiconductor industry's expansion is also fueled by the development of 5G, IoT, and autonomous vehicles, which require miniaturization and high-performance semiconductors. The manufacturing complexity of these technologies necessitates advanced etching equipment and wafer processing techniques. The semiconductor shortage is further boosting the demand for etching equipment. The market's future growth is expected to be influenced by the development of conductor etching equipment, DRAM chips, 3D NAND, and MIM capacitors.
Market Scope |
|
Report Coverage |
Details |
Page number |
206 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 10.67% |
Market growth 2024-2028 |
USD 2.02 billion |
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
Performing market contribution |
APAC at 73% |
Key countries |
US, China, Taiwan, and South Korea |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Advanced Micro Fabrication Equipment Inc, AlixLabs AB, Applied Materials Inc., EV Group, Giga Lane Co. Ltd., Hitachi Ltd., KLA Corp., Lam Research Corp., Mattson Technology Inc., Oxford Instruments plc, Panasonic Holdings Corp., Plasma Etch Inc, PLASMA THERM, Samco Inc, Shibaura Mechatronics Corp, SHINKO SEIKI CO LTD., Suzhou Delphi Laser Co. Ltd., Tokyo Electron Ltd., Trion Technology Inc., and ULVAC Inc. |
Market dynamics |
Parent market analysis, market research and growth, market report, market forecast, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, AI impact on market trends, COVID -19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Type
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
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