[April 29, 2016] |
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Growing Demand for Miniaturization and Integration of ICs Predicted to Drive the Global Semiconductor Stepper System Market Until 2020, Says Technavio
According to the latest research study released by Technavio,
the global semiconductor stepper system market is expected to reach over
USD 6 billion by 2020.
This research report titled 'Global
Semiconductor Stepper System Market 2016-2020', provides an
in-depth analysis of market growth in terms of revenue and emerging
market trends. This market research report also includes up to date
analysis and forecasts for various market segments, including MEMS,
advanced packaging, and LED devices.
Request sample report: http://bit.ly/1qZ1aOa
"Due to an increasing demand for compact electronic devices in segments,
such as consumer electronics, healthcare, and automotive, semiconductor
IC manufacturers are forced to reduce the size of ICs. It has therefore
given rise to the MEMS market, which is expected to experience a surge
in its demand during the forecast period," said Asif Gani, one of
Technavio's lead analysts for semiconductor
equipment research.
"ICs are becoming denser with more transistors being installed in
wafers, thus necessitating fine patterning. As the stepper system uses
these processes, its demand for is likely to rise during the forecast
period," added Asif.
Segmentation of global semiconductor stepper system market by
application 2015 (% share)
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• MEMS
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40.94%
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• Advanced packaging
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31.50%
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• LED devices
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27.56%
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Source (News - Alert): Technavio research
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Global semiconductor stepper system market by MEMS application
The global semiconductor stepper system market for MEMS application
contributed a total revenue of USD 2.55 billion in 2015. MEMS has wide
variety of applications in the consumer electronics, automotive,
medical, industrial, telecom, and defense sectors. Consumer electronics
is the largest market for MEMS applications, with mobile devices
accounting for the largest share. Mobile devices include smartphones and
wearables, which are installed with different types of MEMS sensors such
as accelerometers, gyroscopes, and pressure sensors. These sensors are
used for controlling screen orientation, gaming, navigation, and camera
stabilization.
Global semiconductor stepper system market by LED devices application
The global semiconductor stepper system market for LED devices
application contributed a total revenue of USD 1.71 billion in 2015.
Stepper systems are used to manufacture LED devices with high
brightness, including TVs, vehicle display screens, and tablet display
screens. Lithography is a basic component in the manufacturing of LEDs.
Technavio estimates an oversupply of semiconductor ICs in 2016 to reduce
capital spending by semiconductor device manufacturers 2016, and it is
expected to further reduce the demand for lithography and semiconductor
stepper systems. However, the market will bounce back with the expected
growth in semiconductor market from 2017 onwards.
Global semiconductor stepper system market by advanced packaging
application
The global semiconductor stepper system market for advanced packaging
application contributed a total revenue of USD 1.96 billion in 2015. As
the semiconductor industry is moving toward miniaturization,
manufacturers need to develop small-sized wafers with better performance
and low cost. Therefore, advanced packaging technologies such as
wafer-level packaging, flip-chip, and TSV provide better chip
connectivity and low power consumption compared to conventional
packaging techniques. These advantages drive the adoption of new
technologies among manufacturers.
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About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
If you are interested in more information, please contact our media team
at [email protected].
View source version on businesswire.com: http://www.businesswire.com/news/home/20160429005016/en/
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