$ 368.86 Million Growth Expected in Ion Implanter Market | COVID-19 Impact Analysis in Q1 2021 | APAC to Notice Fastest Growth | Technavio
NEW YORK, April 26, 2021 /PRNewswire/ --
The global ion implanter market by technology (high-current implanter, medium-current implanter, and high-energy implanter) and geography (APAC, North America, Europe, South America, and MEA) has been added to Technavio's offering. The global ion implanter market is expected to grow by USD 368.86 million, at a CAGR of over 4% during 2021-2025.
The rapid spread of the COVID-19 resulted in the temporary closure of various businesses in 2020. This led to a significant decline in the market demand. With the resumption of manufacturing activities and stimulus packages given by governments to businesses, Technavio predicts healthy growth in the ion implanter market over the forecast period.
The market is expected to be driven by factors such as the increasing investments in fabrication facilities, the growing integration of ICs in automobiles, and the rising demand for LEDs.
Ion Implanter Market: Opportunities
Automakers are increasingly adopting autonomous technologies to improve safety and enhance comfort. This has increased the use of electronic systems in various applications such as front view camera systems and autonomous braking systems, increasing the demand for automotive ICs such as microprocessor units, RADAR, and RF modules. The rapid adoption of these technologies has increased the demand for ICs, which is driving the need to produce epitaxial wafers. This is creating significant opportunities for vendors operating in the market.
Ion Implanter Market: Segmentation by Technology
Based on the segmentation by technology, the market generated maximum revenue in the high-current ion implanter segment in 2020. This is due to the increased use of high-current ion implanters in the development of semiconductor devices. The market growth in the high-current ion implanters segment is expected to be significant during the forecast period.
Ion Implanter Market: Segmentation by Geography
APAC held the largest market share in 2020 and the market growth in the region is expected to be the fastest compared to the growth of the market in other regions. The growth of the market in APAC can be attributed to the high concentration of foundries and manufacturers of semiconductors wafers, semiconductor memory devices, and inspection data management systems in the region.
Develop strategies to make the most of future growth opportunities
Ion Implanter Market: Major Vendors
Advanced Ion Beam Technology Inc.
Amtech Systems Inc.
Applied Materials Inc.
Axcelis Technologies Inc.
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Five Forces Analysis
Market Segmentation by Technology
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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