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Semiconductor Stepper Systems Market - Forecast(2024 - 2030)
Semiconductor Stepper Systems Market Overview
The Global Semiconductor Stepper Systems Market size is forecast to reach US$15.8 billion by 2027, growing at a CAGR of 3.4% from 2022 to 2027. A rise in the adoption of steppers in the photolithography process to create a number of microscopic integrated circuit elements on the surface of the silicon wafers is a major driving factor behind the growth of the Semiconductor Stepper Systems industry. Additionally, due to the rise in digitalization and technological advancements more consumer electronics devices are being produced. This requires microelectromechanical systems to produce complex tiny integrated circuits that are being installed on electronic devices. Due to this growing need for microelectromechanical systems, the global Semiconductor Stepper Systems market size is also increasing. Furthermore, the increasing use of these silicon wafers in applications such as ICs for memory chips, computer processors, and various other electronic devices is propelling market growth. The growing semiconductor and electronics industry, rising trend of miniaturization of electronic devices, increasing demand for memory and logic Integrated Circuits, and growing adoption of devices such as mobile phones and laptops are expected to boost the Semiconductor Stepper Systems market growth.
Report Coverage
The “Semiconductor Stepper Systems Industry
Outlook – Forecast (2022-2027)” by IndustryARC covers an in-depth analysis
of the following segments in the Semiconductor Stepper Systems industry.
Key Takeaways
- In the Semiconductor Stepper Systems market report, the stepper motor system is analyzed to grow at a significant rate with a CAGR of 3.8% during the forecast period 2022-2027. This growth is due to rapid digitalization, technological advancements and growth in the automation sector.
- Based on the Application in Semiconductor Stepper Systems Market, the MEMS is expected to grow at the highest rate with a CAGR of 4.1% during the forecast period. This growth is due to an increased focus on smart consumer electronics and the miniaturization of wearable devices.
- APAC region had the largest share in the global Semiconductor Stepper Systems Market size, owing to factors such as increasing demand for semiconductors and electronics and the presence of competitive manufacturers.
Semiconductor
Stepper Systems Market Segment Analysis - by Type
By Type, the Stepper Motor systems in Semiconductor Stepper
Systems Market report is analyzed to grow with the highest CAGR of 3.8% during
the forecast period 2022-2027 owing to factors such as increasing growth of the automation sector. The
demand for stepper motor systems is constantly rising due to their miniaturized
size so that they can be put into smaller areas. This increased demand for
stepper motor systems positively increases the Semiconductor Stepper Systems
Market size. Additionally, Motor manufacturers are constantly working to
improve design and manufacturing methods to produce superior products with
increased efficiency. This growing need for better product design requires
rapid adoption of stepper motor systems thereby increasing the semiconductor
stepper systems market growth. In August 2022, Sanyo launched NEMA 23 in their
sanmotion series, which the latest semiconductor stepper motor system. This can improve
machine speed by shortening the positioning time and machine cycle time. These
new developments will boost the stepper motor segment in Semiconductor Stepper
Systems Market.
Semiconductor
Stepper Systems Market Segment Analysis - by Application
Based on Application, the microelectromechanical systems in the Semiconductor
Stepper Systems Market report are analyzed to grow at the highest CAGR of 4.1%
during the forecast period 2022-2027 owing to the factors such as the increasing
popularity of IoT semiconductors, increasing demand for smart consumer
electronics and wearable devices and growing adoption of automation.
Additionally, due to the growth of the semiconductor market, the fabrication
process of electromechanical systems is also evolved using techniques such as
deposition of material layers and patterning by photolithography. This industry
growth has increased the adoption of MEMS which in turn boosts the growth of the Semiconductor Stepper Systems Market. In July 2022, Yitoa Micro Technology
unveiled its 2nd generation MEM mirror IC for automotive LiDAR. These
factors will boost the microelectromechanical systems segment and change the Semiconductor
Stepper Systems industry outlook.
Semiconductor Stepper Systems Market Segment Analysis - by Geography
APAC region dominated the global market for Semiconductor Stepper Systems Market with a market share of 40% in 2021 and also analyzed to have significant growth over the forecasting period. The growth is attributed to the growing market for the semiconductors and electronics industry across the region. The presence of multiple semiconductor manufacturing companies, increased government initiatives and investments in the semiconductor industry propel the Semiconductor Stepper Systems industry. Additionally, the rising introduction of semiconductor lithography equipment which uses various techniques for transferring circuit patterns through the photolithography process is driving market growth in the APAC region. For instance, in August 2022, Semiconductor Manufacturing International Corporation (SMIC) a major player situated in China, stated that the revenue of the company was US$ 1.9 billion in the second quarter of 2022 and it is also expected to rise 2% sequentially in the third quarter of 2022. This clearly states the growing demand for Semiconductor Stepper Systems in the region.
Semiconductor
Stepper Systems Market Drivers
Rapid Growth of the Robotics and Automation Industry plays a key role in the Semiconductor Stepper Systems Market Growth
The growing
robotics and automation industry are major driving factors for the semiconductor
stepper systems market around the globe. Due to the rapid development of the
global robotics and automation industry, industrial robotics solutions are
gaining immense popularity, visible in their large-scale deployment in the
manufacturing sector. For instance, in 2021 according to the International
Federation of Robotics, 435000 robot units were installed for process
automation across various industry verticals. This requires the adoption of semiconductor stepper systems which in turn drives the market growth.
High demand for Integrated Circuits and their wide applications across various industry verticals drive Semiconductor Stepper Systems industry forward
Due to technological advancements, the demand for
consumer electronic devices has grown significantly. As a result, the demand
for integrated circuit chips has also increased which requires semiconductor
stepper systems. As these IC chips are very high-performance equipment, they
are being used in many devices such as smartphones, TVs and refrigerators. This
has tremendously propelled the semiconductors stepper systems market forward. In
September 2021, SMIC announced an investment of US$ 8.87 billion in building an
IC chip manufacturing plant in Shanghai. Due to this increased investment, the
semiconductor stepper systems market also grows.
Semiconductor Stepper Systems Market Challenge
The lack of a standardized fabrication process for microelectromechanical systems and high production costs hinder the semiconductor stepper systems market growth
There is a
drastic decrease in the standardization in MEMS technology over the years. MEMS
fabrication techniques have become more customized and diverse, and they are
used in a variety of applications. This variety in the fabrication process
makes it difficult to achieve process standardization. This fabrication process
lacks standardized rules and mandates which is being followed in the
semiconductor industry. Furthermore, high initial costs of production with
uncertain returns are expected to prevent semiconductor inspection systems
market growth. For instance, building a semiconductor fabrication facility,
where integrated chipsets are being produced, is estimated to cost between
US$15 billion to US$ 20 billion. Many small and medium-sized enterprises cannot
invest that much amount in the production of the facility. These are major
restraining factors in the semiconductor stepper systems market growth.
Semiconductor Stepper Systems Market Landscape
Product launches, collaborations, and R&D activities are key strategies adopted by players in the Semiconductor Stepper Systems Market. The top 10 companies in the Semiconductor Stepper Systems market include:
- Hitachi High-Tech Corporation
- Infenion
- Festo
- ASML Holding
- Canon
- Sanyo
- Intelligent Automation
- Zeiss
- Veeco
- Semiconductor Manufacturing International Corporation
Recent Developments
- In June 2022, Festo launched their new ELGT cantilever microelectromechanical driver which is ideal for small parts and battery manufacturing. This growing adoption of microelectromechanical systems will boost the semiconductor stepper systems market size.
- In May 2022, Infineon launched MEMS microphones such as IM73A135 and IM72D128 for consumer devices and industry. These can be used in headphones, earbuds, laptops, etc. These developments are poised to increase the adoption of MEMS thereby changing the Semiconductor Stepper Systems industry outlook.
- In October 2020, Canon launched FPA-3030i5a the newest entry in the company’s line-up of i-line1 semiconductor stepper lithography systems that support the manufacture of such devices as compound semiconductors and reduce the cost of ownership. This new development is poised to increase Canon’s market share in Semiconductor Stepper Systems Market.
Relevant Report Titles:
Report
Code: ESR 0563
Report Code: ESR 0220
Report Code: ESR 0134
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