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Global Wafer Inspection Equipment Market 2019-2023

Global Wafer Inspection Equipment Market 2019-2023

About this market

The size of wafers has increased from 23 mm to 300 mm in the last forty years. The large surface area provided by large diameter wafers allows the manufacturing of high number of chips at low manufacturing costs. A reduction of 30% in manufacturing costs and 20%-50% in device costs can be achieved by increasing wafer size. Moreover, IC production can be optimized in foundries by making changes to the 300 mm wafer fabs. Memory ICs built on 300 mm wafers are being developed by some leading memory manufacturers such as SAMSUNG, Micron Technology, and SK HYNIX. Thus, the increasing focus on large diameter wafer size is identified as a key trend that will fuel the growth of wafer inspection equipment market during the forecast period. Technavio’s analysts have predicted that the wafer inspection equipment market will register a CAGR of over 6% by 2023.

Market Overview

Growing demand for IoT devices

The development in telecommunication standards such as 3G/4G/5G and wired communication standards have led to increased adoption of IoT devices. IoT devices can collect, record, and transmit data between connected devices on a real-time basis without the need for human interaction. The penetration of IoT devices is expected to increase during the forecast period. This will result in increasing demand for semiconductor devices, which in turn will boost the growth of wafer inspection equipment market.

Cyclic nature of the semiconductor industry

The semiconductor industry is highly volatile due to its cyclic nature. Excess production capacity, rapid price erosion of ICs, and obsolete products affects the growth of the semiconductor industry. The fluctuations in the market can lead to high inventory levels during low demand and low inventory levels during high demand. This cyclic nature of the semiconductor industry drastically impacts the demand for wafer inspection equipment and hampers market growth.

For the detailed list of factors that will drive and challenge the growth of the wafer inspection equipment market during 2019-2023, view our report.

Competitive Landscape

The market appears to be concentrated and with the presence of few companies including Applied Materials, and ASML the competitive environment is less intense. Factors such as the increasing demand for IoT devices, will provide considerable growth opportunities to wafer inspection equipment manufacturers. Applied Materials, ASML, Hitachi High-Technologies, KLA-Tencor, and Rudolph Technologies are some of the major companies covered in this report.


  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global semiconductor manufacturing equipment market
      • Table Segments of global semiconductor manufacturing equipment market
    • Market segmentation analysis
      • Table Market segments
    • Market characteristics
      • Table Market characteristics
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by technology
    • Table Technology - Market share 2018-2023 (%)
    • Comparison by technology
      • Table Comparison by technology
    • Optical wafer inspection - Market size and forecast 2018- 2023
      • Table Optical wafer inspection - Market size and forecast 2018-2023 ($ millions)
      • Table Optical wafer inspection - Year-over-year growth 2019-2023 (%)
    • E-beam wafer inspection - Market size and forecast 2018- 2023
      • Table E-beam wafer inspection - Market size and forecast 2018-2023 ($ millions)
      • Table E-beam wafer inspection - Year-over-year growth 2019-2023 (%)
    • Market opportunity by technology
      • Table Market opportunity by technology
  • Customer landscape
    • Table Customer landscape
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Foundries - Market size and forecast 2018-2023
      • Table Foundries - Market size and forecast 2018-2023 ($ millions)
      • Table Foundries - Year-over-year growth 2019-2023 (%)
    • IDMs - Market size and forecast 2018-2023
      • Table IDMs - Market size and forecast 2018-2023 ($ millions)
      • Table IDMs - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table Major semiconductor foundries in APAC
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table Major foundries in EMEA
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market Trends
    • Increasing focus on large diameter wafer size
    • Growing investments in lower technology node
    • Growing investment in 3D NAND and FinFET technologies
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Applied Materials
      • Table Applied Materials - Vendor overview
      • Table Applied Materials - Business segments
      • Table Applied Materials - Organizational developments
      • Table Applied Materials - Geographic focus
      • Table Applied Materials - Segment focus
      • Table Applied Materials - Key offerings
    • ASML
      • Table ASML - Vendor overview
      • Table ASML - Organizational developments
      • Table ASML - Geographic focus
      • Table ASML - Key offerings
    • Hitachi High-Technologies
      • Table Hitachi High-Technologies - Vendor overview
      • Table Hitachi High-Technologies - Business segments
      • Table Hitachi High-Technologies - Organizational developments
      • Table Hitachi High-Technologies - Segment focus
      • Table Hitachi High-Technologies - Key offerings
    • KLA-Tencor
      • Table KLA-Tencor - Vendor overview
      • Table KLA-Tencor - Organizational developments
      • Table KLA-Tencor - Geographic focus
      • Table KLA-Tencor - Key offerings
    • Rudolph Technologies
      • Table Rudolph Technologies - Vendor overview
      • Table Rudolph Technologies - Organizational developments
      • Table Rudolph Technologies - Geographic focus
      • Table Rudolph Technologies - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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