Worldwide Semiconductor Wafer Cleaning Equipment Market Anticipated to hit US$7.28 bn by 2024

ALBANY, New York --- SCREEN Holdings Co., Ltd., Tokyo Electron Limited, and Lam Research Corporation have been the leaders of the global semiconductor wafer cleaning equipment market in 2015, with a massive cumulative share of 87.7% in its value. All of the leaders in the global semiconductor wafer cleaning equipment market so far have always paid a very high attention to research and development, given the constantly and fast-paced evolution of the semiconductor industry.

According to a research report released by Transparency Market Research, the global semiconductor wafer cleaning equipment market is likely to witness a fairly high competitive index over the coming years. Given the consolidated nature of the market, mergers and acquisitions are expected to play a lower role in the proliferation of leading players. On the other hand, research and development activities are extremely favored in terms of creating greater opportunities of growth in the global semiconductor wafer cleaning equipment market. This market is expected to reach US$4.02 bn by the end of 2016 and is anticipated to reach US$7.28 bn by 2024, after expanding at a CAGR of 7.7% from 2016 to 2024.

Single Wafer Processing Spurs Demand for Semiconductor Wafer Cleaning Equipment

"One of the core proponents of minifab operations is the use of single wafer processing. Operators are shifting in droves towards the minifab, which allows the reduction of cycle times for a lot of processes. It makes use of ozonized water and hydrogen fluoride in its application of single spin processing technology to do so, making single wafer processing the top driver for the global semiconductor wafer cleaning equipment market," states a TMR analyst. The global semiconductor wafer cleaning equipment market is also finding a solid pace of development through the booming demand for printed electronics. This segment of the semiconductors industry is creating waves in terms of development efforts and demand due to its superiority over several types of conventional electronics in multiple industry verticals. This is also creating a staggering volume of demand for semiconductor wafer cleaning equipment across the world.

Cost Issues Still a Burden for Players in Global Semiconductor Wafer Cleaning Equipment Market

The global semiconductor wafer cleaning equipment market is still a problem for a lot of new entrants as well as small and even medium-sized players to expand their role in it. The heavy cost of establishment is the leading problem responsible for a lower production volume and player interest, as setting forth in the global semiconductor wafer cleaning equipment market requires a massive amount of not only initial investment, but also maintenance, and research and development efforts. This is an especially high priority concern in emerging economies where players may simply not be able to afford to sustain themselves in the market.

The information presented in this review is based on a Transparency Market Research report, titled, "Semiconductor Wafer Cleaning Equipment Market - Global Industry Analysis Size Share Growth Trends and Forecast 2016 - 2024."

Key segments of the Global Semiconductor Wafer Cleaning Equipment Market

Global Semiconductor Wafer Cleaning Equipment Market by Product Type
•Auto Wet Stations
•Scrubbers
•Single Wafer Processing Systems

Global Semiconductor Wafer Cleaning Equipment Market by Technology
•Wet Chemistry Based Cleaning Technology
•Etch Cleaning Technology
•Front Side Up Cleaning Technology
•Others

Global Semiconductor Wafer Cleaning Equipment Market by Equipment Type
•Rotary Wafer Etching System
•Manual Wet Batch System

Global Semiconductor Wafer Cleaning Equipment Market by End Use
•Metallic Contamination
•Chemical Contamination
•Particle Contamination

Global Semiconductor Wafer Cleaning Equipment Market by Region
•North America
•The U.S.
•Canada
•Mexico
•Europe
•U.K
•Germany
•Eastern Europe including Russia
•Italy
•Rest of Europe
•Asia Pacific
•China
•Japan
•South Korea
•India
•Taiwan
•Rest of APAC
•Middle East and Africa
•UAE
•Saudi Arabia
•Rest of Middle East and Africa
•Latin America
•Brazil
•Argentina
•Rest of Latin America

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