Semiconductor Metrology and Inspection Equipment Market Overview
The Semiconductor Metrology and Inspection Equipment market was valued at USD 4,164.7 million in 2020, and it is expected to reach USD 5,373.4 million by 2026, registering a CAGR of 4.76% from 2021 to 2026. Semiconductor metrology and inspection equipment are used to inspect various wafers and thin films in line after the processing of semiconductors. According to the Semiconductor Equipment and Materials International (SEMI), silicon wafer area shipments in 2019 reached 11,810 million square inches and is also projected that the shipments could reach 17,600 million square inches by 2025. Additionally, by 2025, the semiconductor industry will experience significant benefits from the ongoing development and innovation in connectivity, communications, the automotive industry, and data centers. Moreover, the rise in the consumption of electronic components used in the navigation of automobiles, safety, and infotainment further contributes to the growth of the semiconductor sector. In the European semiconductor industry, the increasing demand for a denser integrated circuit with higher performance and higher speeds is driving technological advances in all facets of manufacturing.
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Semiconductor Metrology and Inspection Equipment Market – Geographical Overview
The Asia Pacific is expected to witness a significant market share in the semiconductor metrology and inspection equipment market
The Asia Pacific is one of the prominent regions for the semiconductor industry in regards to manufacturing and usage. According to SIA, Asia Pacific is the largest regional semiconductor market, and China is the largest single-country market. Moreover, in the APAC region, the trend toward the multiple layer measurement is increasing due to the use of cluster deposition systems, where the lack of single layer measurement is driving the market. The region is witnessing development and innovation, for instance, in November 2020, Hitachi High-Tech Corporation announced the high-speed defect review SEM*1 CR7300. The CR7300 is a new model of review SEM that will contribute to the productivity improvement in the manufacturing of semiconductor devices.
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Key Highlights of the Semiconductor Metrology and Inspection Equipment Market
Impact of COVID-19 on the Semiconductor Metrology and Inspection Equipment Market
The COVID-19 outbreak across the globe has significantly disrupted the supply chain and production of the semiconductor metrology and inspection equipment market in the initial phase of 2020. For semiconductor manufacturers, the impact was more severe. Owing to labor shortages, most players in the semiconductor supply chain across the globe have reduced or even suspended operations. This has created a bottleneck for end-product companies that depend on semiconductors.
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List of Key Players in the Semiconductor Metrology and Inspection Equipment Market
*List Not Exhaustive
Mordor Intelligence has segmented the semiconductor metrology and inspection equipment market on the basis of type and geography:
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