About semiconductor production equipment
The semiconductor industry in South Korea has seen a rapid growth due to aggressive promotion policies by the governments and investment by private companies. The semiconductor production equipment market is a vital part of the semiconductor market, with semiconductor chip makers investing about 20% of their revenue in procuring manufacturing equipment. Semiconductor production equipment involves cutting-edge manufacturing technologies, which have short development cycles. This industry has an enormous impact on other industries such as aerospace, defense, precision mechanics, ground vehicles, and medical instruments.The semiconductor production equipment industry is divided into front-end and back-end process equipment. The front-end process includes cutting-edge technology and integration. It also includes silicon wafer process for manufacturing multiple integrated devices and the designing of electric circuits on the wafers. The back-end process involves chip assembly and test process that includes dicing wafers and testing chips.
Technavio's analysts forecast the semiconductor production equipment market in South Korea to grow at a CAGR of 13.53% during 2014-2019.
Covered in this report
The report covers the present scenario and the growth prospects of the semiconductor production equipment market in South Korea for 2015-2019. The market has been segmented on the following basis:By production process types:Wafer processingTesting equipmentAssembly equipment
Technavio's report, Semiconductor Production Equipment Market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its opportunities in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Semiconductor Production Equipment Market in South Korea 2015-2019
Technavio recognizes the following companies as the key players in the Semiconductor Production Equipment Market in South Korea: Advantest, Applied Materials, ASML, KLA-Tencor and Lam Research
Other Prominent Vendors in the market are: Charm Engineering, DI, DMS, Eugene Technology, Exicon, From 30, Global Standard Technology, Hanmi Semiconductor, Jusung Engineering, Kookje Electric Korea, Mirae, Mujin, NeonTech, Nikon Instruments, Semes, Sinseoung ENG, Teradyne, Tokyo Electron Korea and Wonik IPS
Commenting on the report, an analyst from Technavio’s team said: “The scaling of 10 nm nodes, in terms of development and operational costs, is high and not all semiconductor equipment manufacturers can afford it. The nature of tests involved in physics and material sciences are complex and require tests to be carried out a couple of times to get the desired results, thereby increasing the operational costs. However, one possibility of making the node scaling profitable is by adopting the 450 mm wafer size associated with a reduction in operational costs.”
According to the report, increase in applications of semiconductor chips and the assurance of high profits are driving the market. The application of semiconductor chips has expanded rapidly in industries such as power, energy, healthcare, electric cars, networking and telecommunications. These chips are also used in LED lighting, automotive, consumer applications, military aerospace and defense, motor control applications, and robotics industries.
Further, the report states that the short lifespan of the manufacturing equipment is a major challenge in the market. This is because the technology used in manufacturing semiconductor chips is constantly upgraded. Also, most semiconductor chip manufacturers require customized machines.
Advantest, Applied Materials, ASML, KLA-Tencor, Lam Research, Charm Engineering, DI, DMS, Eugene Technology, Exicon, From 30, Global Standard Technology, Hanmi Semiconductor, Jusung Engineering, Kookje Electric Korea, Mirae, Mujin, NeonTech, Nikon Instruments, Semes, Sinseoung ENG, Teradyne, Tokyo Electron Korea, Wonik IPS
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