Global Semiconductor Thermal Evaporator Market 2017-2021

Overview of the global semiconductor thermal evaporator market

Market research analysts at Technavio predict that the global semiconductor thermal evaporator market will grow steadily over the next four years and post a CAGR of almost 8% by 2021. This market research analysis identifies the increased usage of electronic devices in various industries as one of the key growth factors of the global semiconductor thermal evaporator market. In the recent years, the rapid technological advances such as digitization and IoT have been promoting the influx of semiconductor devices. To deliver better connectivity along with robust security, industries are leveraging the use of components such as sensors, actuators, and computing power devices. The semiconductor devices also find applications across prominent areas such as airborne enhanced vision systems, spectrometry, fire detection, gas leak detection systems, and non-destructive testing systems. Furthermore, the prominent use of semiconductors across various industries will also fuel the growth of the semiconductor thermal evaporator market.

The growth of the IoT market is one of the emerging trends that will propel the growth of the semiconductor thermal evaporator market. Due to the agility and seamless connectivity they offer, IoT will soon find significance across various applications in the hardware, software, storage, as well as data analytics sectors. This will fuel the demand for semiconductors since they are extensively used in microcontrollers, non-volatile memory, and wireless connectivity, which will in turn, drive the growth of the semiconductor thermal evaporator market.

Competitive landscape and key vendors

The semiconductor thermal evaporator market is characterized by the presence of several players and is competitive. To maintain a strong foothold, the players in the market are continuously focusing on product innovations. Key vendors in the market are also competing with the other players in the market by making huge investments towards R&D.

 The leading vendors in the market are ?

• AJA International
• Blue Wave Semiconductors
• PVD Products
• Vergason Technology
• Mustang Vacuum Systems
• NANO-MASTER
• Semicore Equipment

The other prominent vendors in the market are Kurdex Corporation, Kurt J. Lesker Company, Mantis Deposition, Rocky Mountain Vacuum Tech, and China Guangdong PVD Metallizer Co.

Market segmentation by end-user and analysis of the semiconductor thermal evaporator market

• Foundries
• IDMs
• OSATs

The foundries segment accounted for the major shares and dominated the semiconductor thermal evaporator market during 2016. The extensive use of semiconductor thermal evaporators in electronic devices such as digital cameras, smartphones, wearables, notebooks, tablets, and gaming consoles will propel the market's growth in this segment.

Market segmentation by geography and analysis of the semiconductor thermal evaporator market

• Americas
• APAC
• EMEA

In terms of geographic regions, APAC held the major share of the semiconductor thermal evaporator market during 2016. The presence of well-established market players such as Samsung, SK hynix, Toshiba, TSMC, Sony, and UMC in the region is one of the major factors that will boost the market's growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global semiconductor thermal evaporator market?
• What are the key market trends impacting the growth of the global semiconductor thermal evaporator market?
• What are the challenges to market growth?
• Who are the key vendors in the global semiconductor thermal evaporator market?
• What are the market opportunities and threats faced by the vendors in the global semiconductor thermal evaporator market?
• Trending factors influencing the market shares in the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global semiconductor thermal evaporator market?

Technavio also offers customization on reports based on specific client requirement.

A semiconductor thermal evaporator is an equipment that is used for thin film deposition, which is formed by the evaporation of a source material in a vacuum chamber. To help clients gain actionable intelligence, the market research firm Technavio provides an extensive collection of industry research reports on several aspects of the semiconductor equipment sector. The market intelligence reports from Technavio also provide detailed information on several international and regional players of the hardware and semiconductor industry.

To determine the industry's growth prospects, market analysts at Technavio follow a collaboration of quantitative and qualitative data collection techniques and consider elements like the market size and the demand for multiple products across different regions across the globe. Our forthcoming market research report on semiconductor thermal evaporator market for the prediction period of 2017 to 2021 will support clients infer the constantly changing landscape of the semiconductor industry. The impending report on semiconductor thermal evaporator market also considers the growth of the corresponding markets such as system-on-chip test equipment market and radio frequency ICs, which are expected to grow at a CAGR of above 2% and more than 11% until 2021. According to our research analysts, the 3D NAND flash memory market is gradually overtaking the market for 2D NAND and DRAM. The increased use of consumer electronics drives the market for 3D NAND flash memory, which in turn is expected to propel the semiconductor thermal evaporator market during the next four years. 

The upcoming industry research report on semiconductor thermal evaporator market also identifies the primary drivers, impending trends, coupled with the imminent challenges currently experienced by the semiconductor equipment sector. It also presents a detailed insight into the dynamically changing competitive landscape, in order to give you an extensive insight of the future direction of the hardware and semiconductor industry.