Global Sputtering Equipment Market 2018-2022
About Sputtering Equipment
Sputtering is a thin film deposition manufacturing process used in the manufacturing of semiconductors, disk drives, CDs, and optical devices. The equipment that facilitates this process is called the sputtering equipment.
Technavio’s analysts forecast the global sputtering equipment market to grow at a CAGR of 3.37% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global sputtering equipment market for 2018-2022. To calculate the market size, the report considers the revenue generated by the leading vendors of sputtering equipment.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Sputtering Equipment Market 2018-2022
Technavio recognizes the following companies as the key players in the global sputtering equipment market: Applied Materials, Oerlikon, Tokyo Electron, and ULVAC
Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Increasing demand for semiconductor ICs from automobiles. Automobiles are primarily driving the demand for semiconductor ICs. The semiconductor material used in automobiles, such as cars and passenger vehicles, has risen over the years. The semiconductor IC market is being driven by the advances in the automobile industry such as the introduction of engine control units, driver assistance systems, and infotainment. New technologies introduced in the automotive industry, such as touchscreens, satellite radios, and voice-activated GPS commands, are fueling the demand for ICs.”
According to the report, one of the major drivers for this market is Increase in the use of semiconductor devices. Semiconductor devices use the electronic properties (such as conductivity to fabricate computer chips) of semiconductor materials such as silicon and germanium. These devices are extensively being used in innovative devices such as smartphones, tablets, electric cars, wearable devices, smart air conditioners, and aircraft. With the rising demand for digitization and the IoT, the demand for semiconductor products is also rising. The IoT is a major market driver for sensors, actuators, and computing devices. Semiconductor devices are also being used in industrial applications such as airborne enhanced vision systems, spectrometry, gas leak detection systems, fire detection systems, and nondestructive testing systems.
Further, the report states that one of the major factors hindering the growth of this market is Low returns from capital-intensive companies. Chip manufacturers, fab firms, and foundries are challenged by the ever-growing disruptive technologies that are reshaping the existing market, creating new markets and challenging the established leaders in the market. The stiff entry barriers for the new market players is the major advantage for such companies, while the maturity of the market and the intense competition present challenge them. Capital-intensive companies face competition from a small number of big competitors.
Applied Materials, Oerlikon, Tokyo Electron, and ULVAC
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