The global semiconductor chemical vapor deposition equipment market is estimated to be 11. 89 billion in 2021. It is expected to reach USD 21. 22 billion by 2027, registering a CAGR of 8. 46% from 2022 to 2027.
New York, April 22, 2022 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Semiconductor Chemical Vapor Deposition (CVD) Equipment Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)" - https://www.reportlinker.com/p06271878/?utm_source=GNW Increasing demand for microelectronics-based consumer products, resulting in the faster growth of the semiconductor, LED, and storage device industry, strict regulations on the use of Cr6 for electroplating are primarily driving the growth of the CVD equipment market. Key Highlights Chemical Vapor Deposition (CVD) process is often used in the manufacturing of semiconductors and in the production of thin films. In recent years, CVD synthesis has been reaching new heights with the precise manufacturing of both inorganic thin films of 2D materials and high-purity polymeric thin films that may be conformally deposited on various substrates. Precursor gases (typically diluted in carrier gases) are supplied into the reaction chamber at around ambient temperatures in semiconductor chemical vapour deposition equipment. They react or breakdown when they pass across or come into touch with a heated substrate, generating a solid phase that is deposited on the substrate. The temperature of the substrate is important because it can influence the reactions that occur. CVD is widely used in microfabrication techniques to deposit materials in a variety of morphologies, including polycrystalline, monocrystalline, amorphous, and epitaxial. Silicon (dioxide, carbide, nitride, oxynitride), carbon (fibre, nanofibers, nanotubes, diamond, and graphene), fluorocarbons, filaments, tungsten, titanium nitride, and a variety of high-k dielectrics are among these materials. Governments and business stakeholders are watching developments in the microelectronics industry closely because these technologies have the potential to disrupt and propel the Internet of Things market. Due to the increased adoption of virtual reality and augmented reality gadgets, R&D for microelectronics may also increase in response to the looming bandwidth constraint. They are making semiconductors. CVD setup can be complex and comes with huge costs. The foundries and Outsources Semiconductor Assembly and Test (OSAT) companies are likely to face increased pressure on capital expenditures as they continue to expand production to address the rising chip demand. The COVID -19 outbreak affected the overall semiconductor and chip fabrication market from the demand and supply sides. The nationwide lockdowns and closure of semiconductor plants have further fueled the supply shortage trend. However, these effects are likely to be short-term and temporarily affect the demand for CVD technologies. Moreover, government precautions globally to support automotive and industrial sectors could help revive foundry industry growth. Key Market Trends Increase in Demand for Microelectronics and Consumer Electronics to Fuel the Demand The rise in the sales of microelectronics and consumer electronics is expected to drive the demand for semiconductor ICs over the forecasted period. However, the increase in the demand for semiconductor ICs is expected to increase the production capacity of semiconductor device manufacturers, which may augment the demand in the chemical vapor deposition market. The integrated device manufacturer (IDM) includes logic, optoelectronics, sensors, discrete components, and others. (Excluding Memory Manufacturers). An integrated device manufacturer manufactures and sells integrated circuits (ICs) . A classic IDM owns its own branded chips, designs them in-house, and makes them in a fabrication factory. IDMs pursue node scaling beyond 10 nm to 5 nm and even 3 nm, while other manufacturers are renouncing planar architectures favoring sophisticated, three-dimensional (3D) structures for logic and memory. Thin-film deposition is a vital step in the manufacturing of integrated circuits (ICs). The most common approach for thin-film growth is CVD. Precursors and reactants are combined in a process chamber before being delivered in a steady state to form a film on the wafer in CVD. The market is witnessing the prensece of various IDMS undertaking diffrernt initiatives to gain a competitve advantage. For instance, the Canadian Photonics Fabrication Centre (CPFC) is a facility that provides fabrication services, pre-commercial photonic devices, and photonic integrated circuit manufacturers. Design and modeling, epitaxy, fabrication, and test and characterization are among the fee-based services provided by CPFC. CPFC operates a metal-organic chemical vapor deposition (MOCVD) reactor for the research and fabrication of gallium arsenide (GaAs) and indium phosphide (InP)-based devices. Also, governments and industry stakeholders are keenly following the advances in the microelectronics industry as these technologies might potentially disrupt and also boost the market for the Internet of Things. R&D for microelectronics may also increase with the impending bandwidth crunch due to the improved penetration of virtual reality and augmented reality devices. In September 2021, the government organized a conference with 50 representatives from the European and international semiconductor industries to persuade them to invest in Germany by offering them a help package. The German government plans to spend roughly USD 4.5 billion to recapture manufacturing locations across the semiconductor value chain. Asia Pacific as the Most Lucrative Market for Global Semiconductor CVD Equipment The Asia Pacific is a potential region with various manufacturing facilities for the development of consumer electronics and semiconductor-related products. The particular region is expected to occupy the largest market share in the semiconductor CVD equipment market in the coming years. The advancement of the electronics and semiconductor industries, particularly in China, is driving market expansion in the region. In growing economies like China and India, the expansion in industrialization and the number of end-user sectors and companies presented enormous undiscovered potential. Due to the sheer existence of growing economies and the development of the electronics industries, the region is predicted to propel at a significant rate over the forecast period. China has a very ambitious semiconductor agenda. Backed by USD 150 billion in funding, the country is developing its domestic IC industry and plans to make more of its chips. Greater China, which encompasses Hong Kong, China, and Taiwan, is a geopolitical hotspot. The US-China trade war is compounding tensions in an area where all the leading process technology is located, forcing many Chinese companies to invest in their semiconductor foundries. The rapid expansion of the APAC automotive semiconductor industry is expected to be fueled by the rising demand for electric vehicles. Automobile manufacturers must continue to innovate, create, and develop self-driving cars, which have already attracted a significant number of customers in key automotive manufacturing countries. India has emerged as one of the world’s fastest-growing economies due to its large population. According to projections, the automotive semiconductor market in the country will increase rapidly in the coming years. The Automotive industry is complemented by a strong semiconductor R&D infrastructure, which will open new potential for the semiconductor etch market in India in the forthcoming years. Competitive Landscape The market is fragmented with high competitive rivalry. Also, owing to their market penetration and the ability to offer advanced products, the competitive rivalry is expected to be high. Although the market comprises various players, only a handful are prominent in the market for their high standards and excellent quality. August 2021 - CVD Equipment Corporation, one of the key suppliers of chemical vapor deposition systems, announced that it had secured a production system order worth about USD 1.7 million from a large US-based electric car battery material producer. In the first quarter of 2022, the system will be delivered to the customer. July 2021 - ASM International N.V. announced the availability of Intrepid ESATM epitaxy equipment for 300mm applications in power and analog devices and epitaxial silicon wafers. The new ESA tool increases ASM’s atmospheric epi capabilities with ASM’s first 300mm atmospheric cluster tool based on the proven, high-volume manufacturing Intrepid platform. On-wafer performance with the Intrepid ESA. Additional Benefits: The market estimate (ME) sheet in Excel format 3 months of analyst support Read the full report: https://www.reportlinker.com/p06271878/?utm_source=GNW About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. __________________________
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