Semiconductor Stepper Systems Market- By Type , By Applications , By End-user Industry , By Geography - Global Opportunity Analysis & Industry Forecast, 2024 - 2030

Semiconductor Stepper Systems Market Overview

TheSemiconductor Stepper Systems Market Size is forecast to reach $ 17467.0 Million by 2030, at a CAGR of 3.4% during forecast period 2024-2030.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 2^nd 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:

1. Hitachi High-Tech Corporation
2. Infenion
3. Festo
4. ASML Holding
5. Canon
6. Sanyo
7. Intelligent Automation
8. Zeiss
9. Veeco
10. 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.

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