Global Semiconductor CVD Equipment Market 2016-2020
Covering: This industry research report includes a detailed segmentation of the global semiconductor CVD equipment market by product type (AP CVD, DP CVD, LP CVD, and MO CVD) and by end user (foundry, memory, and IDM). It also outlines the market shares for key regions such as APAC, Europe, and North America. The key vendors analyzed in this report are Applied Materials, Lam Research, Tokyo Electron, ad Hitachi Kokusai Electric.
Market outlook of the global semiconductor CVD equipment market
Technavios market research analyst estimates the global semiconductor CVD equipment market to grow steadily at a CAGR of around 9% during the forecast period. The recent increase in the sale of microelectronics and consumer electronic devices is expected to augment the demand for semiconductor ICs during the predicted period. This increase in the demand for semiconductor ICs is estimated to improve the production capacity of the semiconductor device manufacturers, which in turn fosters the demand for semiconductor chemical vapor deposition (CVD) equipment.
In this market research report, analysts have estimated eminent factors, such as the miniaturization of electronic devices, to drive market growth during the estimated period. Since the global demand for compact electronic devices is increasing, manufacturers have to invest in R&D so as to reduce the size and enhance the performance of ICs. This trend is expected to lead to the development of micro-electro-mechanical systems (MEMS) and 3D chip packaging, which in turn will augment the demand for CVD equipment in the microelectronics industry.
Product-based segmentation of the semiconductor CVD equipment market
Atmospheric-pressure chemical vapor deposition (AP CVD)
Low-pressure chemical vapor deposition (LP CVD)
Density-plasma chemical vapor deposition (DP CVD)
Metal-organic chemical vapor phase deposition (MO CVD)
The DP CVD segment is envisaged to be the largest market segment during the forecast period. This segment currently dominates the market and is predicted to account for more than 41% of the total market share by 2020 owing to factors like its high demand and its low cost of ownership.
Segmentation by end-user and analysis of the semiconductor CVD equipment market
Technavio market research analysts estimate the foundry segment to account for a market share of more than 63% by 2020. Eminent factors, such as the rising global demand for electronic devices like smartphones, tablet PCs, notebooks, digital cameras, gaming consoles, set-top-box, and network switches, are anticipated to impel growth in this segment during the forecast period.
Competitive landscape and key vendors
The level of competition in the global semiconductor CVD equipment market is high, despite the low concentration of vendors. Continuous advances in technology and M&A are the two major factors that augment the prospects for growth in this market.
The leading vendors in the market are -
Hitachi Kokusai Electric
Other prominent vendors in the market include Aixtron SE, ASM International, and Veeco Instruments.
Key questions answered in the report include
What will the market size and the growth rate be in 2020
What are the key factors driving the global semiconductor CVD equipment market
What are the key market trends impacting the growth of the semiconductor CVD equipment market
What are the challenges to market growth
Who are the key vendors in this market space
What are the market opportunities and threats faced by the vendors in the global semiconductor CVD equipment market
Trending factors influencing the market shares of APAC, Europe, and North America
What are the key outcomes of the five forces analysis of the semiconductor CVD equipment market
Technavio also offers customization on reports based on specific client requirement.
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Technavio Announces the Publication of its Research Report Global Semiconductor CVD Equipment Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Semiconductor CVD Equipment Market: Applied Materials, Hitachi Kokusai Electric, Lam Research and Tokyo Electron
Other Prominent Vendors in the market are: Aixtron SE, ASM International, and Veeco Instruments.
Commenting on the report, an analyst from Technavios team said: Going fabless allows semiconductor companies to minimize overhead expenses related to operations and maintenance of foundries. Most semiconductor companies prefer to focus more on design and development of their solutions; hence, they are increasingly outsourcing their fabrication and other foundry-related activities to companies that specialize in providing such foundry solutions.
According to the report, growth in the semiconductor market will have a high impact on semiconductor device manufacturers, driving them to improve their production capacity and creating demand for semiconductor CVD equipment.
Further, the report states that the semiconductor market is often characterized by fluctuations in the electronic device market that cause a change in the demand for semiconductor. This could lead to to piling up of inventories, affecting the production of semiconductor ICs and semiconductor wafers. This affects the capital spending on fab equipment by semiconductor device manufacturers. Therefore, vendors find it difficult to predict and match the demand for manufacturing equipment.
Applied Materials, Hitachi Kokusai Electric, Lam Research, Tokyo Electron, Aixtron SE, ASM International, Veeco Instruments.