HOME Research Insight Market Leader - Semiconductor Manufacturing Equipment Market

Market Leader - Semiconductor Manufacturing Equipment Market

The demand for power devices, MEMS, and NAND is increasing owing to the rise in their use in conventional and modern applications and the expansion in manufacturing processes. These factors are expected to drive the semiconductor manufacturing equipment market. The global semiconductor manufacturing equipment is expected to grow at a CAGR of 6.86% between 2017 and 2023. The semiconductor manufacturing equipment market includes key players such as Applied Material, Lam Research, ASML, Tokyo Electronics, KLA-Tencor, Screen Semiconductor Solutions, Nikon, Hitachi, ASML International, and others.

Applied Material (US) holds a leading position in the semiconductor manufacturing equipment market, and it is a recognized brand in the semiconductor manufacturing equipment market and is also a global provider of material engineering solutions used to virtually produce chips and advanced displays. The company has developed innovative products to cater to a large number of customers by combining its expertise in semiconductor front-end processes such as etching, chemical–mechanical, and metrology. The company mainly focuses on collaborations and product launches to stay ahead in the competition. For instance, in July 2016, the company launched PROVision system that delivers 3 times faster throughput for challenging e-beam applications. The company also concentrates on research and development (R&D) to expand its capabilities to provide innovative products and technologies to its customers.

Lam Research is another key player in the semiconductor manufacturing equipment market; the company has been associated with the semiconductor industry since its inception. Over the years, the company has altered its product portfolio of the semiconductor front-line market to meet the changing needs of its customers, particularly in the wafer cleaning segment. The company generates a major part of its revenue from Taiwan. It has adopted product developments as a strategy to expand its business worldwide and strengthen its offerings. For instance, Lam Research Corp. (US) added ALE capability on its Flex dielectric etch systems by extending its atomic layer etching (ALE) portfolio. The new technology helped manufacture high-volume logic devices and is expected to solve the vital challenges in scaling logic devices to 10nm and below it. Also, the company has outsourced the manufacturing of its non-core business segment, which helped the company focus more on differentiating their core competencies.

Related Reports:

Semiconductor Manufacturing Equipment Market by Front-end Equipment (Lithography, Wafer Surface Conditioning, Cleaning Processes), Backend Equipment (Assembly & Packaging, Dicing, Bonding, Metrology), Fab Facility, and Geography - Global Forecast to 2023

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