Wilmington, Delaware, United States, July 06, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The global semiconductor metrology equipment market is estimated to reach US$ 13.3 Bn by 2031, up from US$ 6.1 Bn in 2022. Critical role of metrology equipment in quality control in the manufacture of semiconductors is fueling the semiconductor metrology equipment market.
As semiconductor devices become more advanced and complex, it necessitates the adoption of more accurate and precise metrology equipment to compute and analyze the complex features and characteristics of these devices. Metrology equipment is employed to meet the needs for process control, precise measurements, and quality assurance in the semiconductor sector. This, in turn, is boosting market development.
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Market Snapshot:
Report Coverage | Details | |
Market Revenue | US$ 6.1 Bn | |
Estimated Value | US$ 13.3 Bn | |
Growth Rate - CAGR | 9.2% | |
Forecast Period | 2023-2031 | |
No. of Pages | 158 Pages | |
Market Segmentation | By Type, Application, End-user | |
Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, South America | |
Companies Covered | Applied Materials, Inc., ASML Holding N.V., Camtek Limited, Hitachi High-Tech Corporation, JEOL Ltd., KLA Corporation, Nova Ltd., Onto Innovation, Inc., Thermo Fisher Scientific, Inc., Unity Semiconductor SAS |
Key Findings of Study
Complex Structure of Advanced Semiconductor Devices Augmenting Market Growth – Advanced semiconductor devices are structurally complex to achieve higher integration and performance. These structures, such as stacked memory cells, FinFETs, and through-silicon vias (TSVs), require sophisticated metrology equipment to ensure the functionality and reliability of these devices. These requirements are creating lucrative semiconductor metrology equipment market opportunities.
Rise in investment in the semiconductor sector is boosting the semiconductor metrology equipment market growth. For instance, in June 2023, the State Government of Gujarat, India, entered into an agreement with Micron, a U.S.-based chipmaker. Under the agreement, the U.S.-based chipmaker would extend its expertise to develop a semiconductor assembly and test facility in the state.
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Rise in Adoption of Advanced Packaging Techniques and 3D Integration – As electronic devices become more compact and smaller, the adoption of advanced packaging techniques and 3D integration is essential to supporting multiple functions in tight spaces. This is because advanced packaging and 3D integration enable the integration of diverse components, such as MEMS, sensors, and radio frequency (RF) components. These components are widely used in augmented reality, autonomous vehicles, and 5G communication solutions and, thus, need metrology equipment to ensure the functionality and reliability of these devices. This is boosting semiconductor metrology equipment market statistics.
E-beam Metrology Equipment Witnessing Uptick in Adoption – In terms of type, the e-beam metrology segment is projected to expand at a promising CAGR during the forecast period. The segment held 34.1% market share in 2022.
Growth of the e-beam metrology equipment segment can be ascribed to its characteristics for defect inspection, precise measurement, and process control. It helps ensure the reliability, quality, and performance of semiconductor devices and supports the development of advanced technologies.
Furthermore, advancements in e-beam metrology equipment, such as faster imaging speeds, higher resolution, and improved automation, are underway to address the challenges posed by complex device structures and shrinking device dimensions.
Critical Use in Foundries Fueling Market Value – In terms of end-user, the foundry segment is anticipated to account for the leading share of the market during the forecast period.
Semiconductor metrology equipment is employed in foundries for higher accuracy in the measurement of critical parameters. This, in turn, helps in detecting and correcting any deviations or defects in the early stages of the manufacturing process, leading to high quality chips and improved yield.
Growth Drivers
- Technological advancements in semiconductor devices are fueling the semiconductor metrology equipment market
- Rise in adoption of advanced packaging technologies and 3D integration is augmenting market growth
Regional Landscape
The semiconductor metrology equipment market in Asia Pacific is anticipated to account for the leading share of the global industry during the forecast period. Growth of the semiconductor industry is fueling market dynamics in the region. Vendors in Asia Pacific are focusing on developing modern metrology tools with high accuracy, precision, and reliability to be compatible with advanced semiconductor devices, thus fueling market development in the region.
The market in North America held a 29.1% share in 2022. Growth in the semiconductor metrology equipment market in the region is driven by several factors, such as the presence of several key semiconductor metrology equipment manufacturers.
Competitive Analysis
The global industry is consolidated, with a small number of players controlling the majority of market share. Most companies engage in R&D activities for new products. They are also adopting partnership, collaboration, and M&A strategies to consolidate their position.
Prominent players in the semiconductor metrology equipment market include Applied Materials Inc., Camtek Limited, JEOL Ltd., Nova Ltd., Thermo Fisher Scientific, Inc., ASML Holding N.V., Hitachi High-Tech Corporation, KLA Corporation, Onto Innovation Inc., and Unity Semiconductor SAS.
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The semiconductor metrology equipment market is segmented as follows:
Global Semiconductor Metrology Equipment Market, by Type
- OCD Metrology
- Film Metrology
- Overlay and CD Metrology
- E-beam Metrology
- Others (Patterned Wafer Geometry (PWG) Metrology, Implant Metrology Systems, etc.)
Global Semiconductor Metrology Equipment Market, by Application
- Power Devices
- MEMS
- Memory Devices
- Logic Devices
- LEDs
- Others (RF Devices, Compound Semiconductors, etc.)
Global Semiconductor Metrology Equipment Market, by End-user
- Foundry
- OEM
- IDM
- OSAT
Global Semiconductor Metrology Equipment Market, by Region
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- South America
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