Semiconductor Inspection System Market Size, Share, Business Revenue, Industry Growth and Impact of COVID-19

Market Overview

The global Semiconductor Inspection System Market size is expected to reach USD 6.91 Billion at a CAGR of 14.3% during the forecast period.

Semiconductor inspection systems, as the name implies, are devices that can detect flaws or defects in semiconductor chips before they are fabricated. The market is being driven by rising demand for high-performance, low-cost semiconductor chips. The consumer electronics sector’s demand for wafers is expected to drive market demand throughout the forecast period. The Internet of Things (IoT) and its subsequent integration in linked devices in crucial industries can auger well for the industry and give it a much-needed boost. In the coming years, market demand will be fueled by the rise of small and medium-sized businesses. Statistical process control in semiconductor production allows a corporation to maximize yield and quality by sampling a small number of wafers from the thousands that are processed each day. As a result, revenue growth in metrology/inspection systems falls behind overall equipment growth. Smaller and rising semiconductor equipment businesses, such as KLA-Tencor and Hitachi High Technologies, are competing for customers with specialized markets and novel technologies.

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The global semiconductor inspection system market is expected to be impacted by the identification and implementation of restrictions by governments of multiple nations to deal with the COVID-19 pandemic, such as a complete shutdown of manufacturing sites, limited production, and reduced demand for end products. Many companies in the semiconductor supply chain around the world have restricted or even stopped operations due to workforce constraints. This has caused a bottleneck for semiconductor-dependent end-product companies.

Market Segmentation

Based on the Type, the market is segmented into Wafer semiconductor inspection systems and a Mask semiconductor inspection system.

Based on the end-user, the market is segmented into Small & medium enterprises and large enterprises.

Based on the region, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World (RoW).

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Regional Classification

The semiconductor inspection systems market in APAC generates the most revenue. In this region, increased local IC production is a major component in demand growth. The main markets in APAC are India, Nepal, Bangladesh, and Thailand. In terms of manufacture and utilization, Asia Pacific is one of the most important regions for the semiconductor industry. The Asia-Pacific is the largest regional semiconductor market, with China being the largest single-country market. In the semiconductor metrology/inspection equipment industry, many areas are forming alliances and partnerships. In the Semiconductor Metrology and Inspection Equipment Market, the Region is seeing growth and innovation.

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Industry News

The major key players in the market are Rudolph Technologies, Inc., JEOL Ltd., Hitachi High-Technologies Corp., Nanometrics, Inc., KLA-Tencor Corporation, Applied Materials, Inc., Nikon Metrology NV, Thermo Fisher Scientific, Inc., Lasertec Corporation, and ASML Holding NV. Industry players are concentrating on shrinking integrated circuits while providing twice the capacity and speed of previous-generation semiconductor chips. The Internet of Things (IoT) and the increasing need for sensors in linked devices may present new growth opportunities for these companies.

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