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Wafer Cleaning Equipment Industry Worth $11.2 Billion by 2025 - Dominated by SCREEN Holdings, Tokyo Electron, Applied Materials, LAM Research, and Shibaura MechatronicsDUBLIN, Aug. 18, 2020 /PRNewswire/ -- The "Wafer Cleaning Equipment Market with COVID-19 Impact Analysis by Equipment Type (Single-Wafer Spray System, Batch Spray Cleaning System, and Scrubbers), Application, Technology, Operation Mode, Wafer Size, and Geography - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The global wafer cleaning equipment market is expected to grow from USD 7.5 billion in 2019 to USD 11.2 billion by 2025; it is estimated to grow at a CAGR of 9.9% from 2020 to 2025. Growing adoption of MEMS technology in patient monitoring devices due to COVID-19 and rising demand for wafers in the 3D structure set to drive the wafer cleaning equipment market. The market has a promising growth potential due to several factors, including the growing adoption of MEMS technology in patient monitoring devices due to COVID-19, increasing adoption of silicon-based sensors, chips, and diodes in IoT applications, increasing use of electronic devices in different end-use industries, and ongoing radical miniaturization of electronic devices. The COVID-19 outbreak generated both demand-side and supply-side shocks rumbling across the global economy. Leading US-based wafer cleaning equipment providers, such as Applied Materials and LAM Research, have incurred significant losses owing to the pandemic spread. The strong actions such as imposing country-wide lockdown taken by governments globally to curb the spread of COVID-19 are expected to have a severe impact on the entire manufacturing industry. Single wafer spray system: The fastest-growing equipment type of the wafer cleaning equipment market. A single wafer spray system is expected to be the fastest-growing equipment segment of the wafer cleaning equipment market during the forecast period. The growth can be attributed to the high precision feature of single wafer spray systems. Also, a single wafer spray cleaning system is a very promising cleaning system to remove impurities with minimal damage. Moreover, single wafer spray systems are preferred for miniature devices and complex fabrication processes, owning to which the single wafer spray system market for MEMS application is expected to show rapid growth during the forecast period. Memory: The largest growing segment of the wafer cleaning equipment market, by the application. Memory application segment is expected to hold the largest share of the wafer cleaning equipment market, by application. The growth can be attributed to the growing demand for NAND memory in smart devices worldwide, increasing demand for memory due to growing adoption of 5G network, high-precision cleaning required by memory devices, and the developing market for consumer electronics. APAC is projected to become the largest and fastest geographical market between 2020 and 2025. APAC is expected to dominate the wafr cleaning equipment market between 2020 and 2025. The market growth in this region can be attributed to the factors such as the presence of several semiconductor equipment manufacturing companies and fabrication facilities in China, Taiwan, and South Korea, the highly-developed automotive sector in Japan, increasing investments and business expansion opportunities available in China and Taiwan, and growth in the capabilities of semiconductor equipment manufacturer in Japan. Moreover, increasing demand for consumer electronics from emerging economies such as China and India are also fueling the growth of the wafer cleaning equipment market in APAC. Research Coverage This research report segments the global wafer cleaning equipment market based on Equipment (Single Wafer Spray System, Single Wafer Cryogenic System, Batch Immersion Cleaning System, Batch Spray Cleaning System, and Scrubbers), Wafer Size (300 mm, 200 mm, and 150 mm), Application (MEMS, CIS, Memory, RF Devices, LED, Interposers, Logic, and Others), Technology (Wet Chemical, Vapor Dry, Aqueous, and Cryogenic), Operation Mode (Automatic, Semi-Automatic, Manual), and Geography (Americas, EMEA, and APAC). The report also provides a comprehensive review of market drivers, restraints, challenges, and opportunities pertaining to the wafer cleaning equipment market and also includes the value chain. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies. The global wafer cleaning equipment industry is dominated by a few globally established players such as SCREEN Holdings Co. Ltd. (Japan), Tokyo Electron Limited (Japan), Applied Materials (US), LAM Research (US), and Shibaura Mechatronics Corporation (Japan). Key Topics Covered 1 Introduction For more information about this report visit https://www.researchandmarkets.com/r/aurs5s Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Research and Markets SOURCE Research and Markets |