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Global Semiconductor Process Control Equipment Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Applied Materials, Hitachi & KLA-Tencor - Research and Markets

[October 14, 2016]

Global Semiconductor Process Control Equipment Market - Analysis, Technologies & Forecasts to 2020 - Key Vendors are Applied Materials, Hitachi & KLA-Tencor - Research and Markets

Research and Markets has announced the addition of the "Global Semiconductor Process Control Equipment Market 2016-2020" report to their offering.

The report forecasts the global semiconductor process control equipment market to grow at a CAGR of 11.06% during the period 2016-2020.

Growing acceptance of wearable devices will be a key trend for market growth. Wearable devices use mobile communications technology. These devices have integrated sensors and are attached to a body part. They can be used to monitor daily activities and track fitness levels, besides providing communication services. They include smart watches, smart fabrics, heart rate monitors, smart glasses, and fitness bands, such as FitBit Surge, Garmin (News - Alert) Vivoactive, and Mio Fuse.

Semiconductor device manufacturers have realized the market potential of this sector. Therefore, manufacturers like Toshiba (News - Alert) have started developing specialized ICs to support technlogy requirements. In early 2015, the company announced the release of two new specialized ICs, Z1011MBG, a gyroscope and magnetometer fitted IC, and TZ1031MBG, with only a gyroscope.

According to the report, IoT is a major growth driver for the semiconductor market. However, the challenges associated with the implementation of IoT across nations will slightly hinder the market's growth potential. The growing need for semiconductor wafers will have a high impact on semiconductor foundries. It will increase the semiconductor capital equipment spending and drive the market for semiconductor process control equipment.

Key vendors: