Global Semiconductor Etch Equipment Market is projected to Reach US$ 15.92 Billion by 2023

Global Semiconductor Etch Equipment Market is expected to reach USD 15.92 Billion by 2023 in terms of revenue. In 2017, the market was valued USD 7.4 Billion in terms of revenue. In terms of volume, semiconductor etch equipment market size was 77 thousand Units in 2017 and expected to reach 181 thousand units by 2023.

Global Semiconductor Etch Equipment Market: Market Driver and Restraint

Semiconductor etch equipment are also used amply in various application segments such as logic and memory, MEMS (Micro Electro Mechanical Systems), power devices, RFID (Radio frequency identification) and CMOS (Complementary Metal Oxide Semiconductor) image sensor. Application of CMOS image sensors in various sectors, especially in the consumer electronics sector, and the advent of 4K pixel technology are some of the major factors driving the growth of the CMOS image sensor market.

In the semiconductor industry, Moore’s Law pushes on, forcing designers and manufacturers to come up with novel ways to design and manufacturer ever-shrinking dimensions for chips.  While the current path is heading towards 10nm and 7nm node size, R&D into 5nm and 3nm has already begun.  To put that into perspective, there are 2 silicon atoms in 1nm of a chip – the most advanced producers are working to build chip architectures on just 6-10 atoms of silicon (Semi Engineering)!  Getting this small is not easy, but for those that can get there, the rewards are great.  This is driving further investments into etch equipment, with special attention on ALE (Atomic Layer Etch), which is widely considered the biggest opportunity in the market.

Global Semiconductor Etch Equipment Market: Forecast by Segment Market

By Equipment Type the semiconductor etch equipment market can be bifurcated into dry etching equipment, and wet etching equipment. High etching rate and ease of operation of wet etching equipment are some of the factors responsible for the high growth rate of this segment.

By etching film Type, the semiconductor etch equipment market has been segmented into conductor etching process, dielectric etching process, and polysilicon etching process. The dielectric etching equipment has been anticipated to have the highest share in semiconductor etch equipment market size during the forecast period. The rising demand for smart devices such as tablets and smartphones is one of the factors that are anticipated to drive the market growth in the coming years due to the need for miniaturization of electronic circuits. The increasing shipments of smart devices are expected to raise the demand for semiconductor devices including NAND flash memory and flat panel display screens, which are essential parts of smartphones.

Global Semiconductor Etch Equipment Market: Key Players

The market is competitive owing to the presence of several dominant players such as Lam Research, Tokyo Electron Limited, Applied Materials, Hitachi High-Technologies, Oxford Instruments, SPTS Technologies, Plasma-Therm, GigaLane, SAMCO Inc, NAURA, AMEC.

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