Wafer Cleaning Equipment Market

Market Leader - Wafer Cleaning Equipment Market

The wafer cleaning equipment market is expected to grow from USD 7.0 billion in 2020 to USD 11.2 billion by 2025; it is estimated to grow at a CAGR of 9.9% from 2020 to 2025. Growing adoption of MEMS technology in patient monitoring devices due to COVID-19 and increasing number of critical steps in the wafer cleaning sequence are the key factors driving the wafer cleaning equipment market growth. Moreover, the rising demand for wafers in 3D structure and increasing adoption of silicon-based sensors, chips, and diodes in IoT applications create lucrative opportunities for the market players.

The wafer cleaning equipment market is dominated by key global established players such as SCREEN Holdings Co., Ltd. (Japan), Tokyo Electron Limited (Japan), Applied Materials (US), LAM Research (US), Shibaura Mechatronics Corporation (Japan), PVA TePLA AG (Germany), Entregris Inc., (US), Semes Co. Ltd. (US), Modutek Corporation (Japan), and Veeco Instruments (US). These companies focus on adopting both organic and inorganic growth strategies, such as new product launches, partnerships, agreements, mergers and acquisitions, and expansions to strengthen their position in the market.

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SCREEN Holdings Co., Ltd. (Japan) held the majority of the global wafer cleaning equipment market share in 2019. The company is an expert in semiconductor production equipment. Strong supply chain management, design standardization, effective after-sales services, and automated factory infrastructure are the key factors that are likely to accelerate the company’s growth in the coming years. Tokyo Electron Limited (Japan) followed in second place with a wide product portfolio of wafer cleaning equipment. The company is focusing on internal merger strategies to improve productivity and operational efficiency and optimize manufacturing functions in its US facility. The increase in the demand for wafers on 3D structure globally along with increasing adoption of MEMS based sensors in IoT applications has led to the market growth of these companies.

SCREEN Holdings Co., Ltd. (Japan) is a global provider of semiconductor production equipment. The company primarily operates in 4 business segments, namely, Semiconductor Solutions (SE), Graphic Solutions, Precision Engineering Solutions (PE), and Finetech Solutions (FT). It offers wafer cleaning equipment under its SE business segment. In January 2020, the company signed an agreement with Applied Materials, Inc. (US), a manufacturer of semiconductor chips for consumer electronics, to collaborate on process development at Applied Materials new R&D facility. The agreement is expected to bring together SCREEN’s expertise in wafer cleaning technology with Applied Materials leadership in materials engineering solution.

Another important player in the thermal management market is Tokyo Electron Limited (Japan). Tokyo Electron Limited (Japan) is focusing on strategies, such as product launches to increase its share in the wafer cleaning equipment market.  For instance, in May 2019, the company launched the CELLESTA Pro SPM single wafer cleaning system for cleaning and wet metal etching. The system is expected to be 1.5 times more productive than its predecessors and would therefore help customers boost their cleanroom efficiency. Other major players in the wafer cleaning equipment market are mainly focusing on expanding their regional presence and new product launches to achieve continuous and sustainable development.

Related Report

Wafer Cleaning Equipment Market with COVID-19 impact analysis by Equipment Type (Single-wafer Spray System, Batch Spray Cleaning System, and Scrubbers), Application, Technology, Operation Mode, Wafer Size, and Geography - Global Forecast to 2025

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Wafer Cleaning Equipment Market Size,  Share & Growth Report
Report Code
SE 1235
RI Published ON
7/14/2020
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