Semiconductor Inspection System Market Size :
Semiconductor Inspection System Market size is estimated to reach over USD 8,380.01 Million by 2030 from a value of USD 5,611.37 Million in 2022, growing at a CAGR of 5.40% from 2023 to 2030.
Semiconductor Inspection System Market Scope & Overview:
The semiconductor inspection system includes different techniques to evaluate and examine semiconductor chips, wafers, and components during the process of manufacturing. Moreover, silicon wafer inspection is an important process in the semiconductor sector during its manufacturing. Semiconductor inspection mainly includes the detection of cracks and defects on silicon wafers to minimize failure and improve overall productivity. In addition, failure to identify any defect or deposited particle on the surface of semiconductor wafers leads to the improper functioning of the final semiconductor product. Furthermore, it is designed to inspect both sides of a wafer including identifying color defects.
Semiconductor Inspection System Market Insights :
Semiconductor Inspection System Market Dynamics - (DRO) :
Key Drivers :
Increasing demand for semiconductors in the consumer electronics industry is driving the market
Semiconductor inspection is an essential practice conducted by semiconductor manufacturers to attain high-quality production and flexibility in the manufacturing processes. The key objective is to produce high-quality wafer and semiconductor products that are directly utilized in the consumer electronics industry. The key factor attributing to growth is the growing trend for high-quality and low-cost semiconductors for the manufacturing of electronic equipment including household appliances, handheld electronic devices, and industrial equipment, among others.
For instance, Chroma ATE Inc. is offering one of its flagship semiconductor inspection system products Chroma 7945, which is designed to conduct double side inspection and identify color defects. Moreover, the system supports various traditional wafer map formats and is compatible with SEMI XML, SNIF, KLARF, STIF, and CVS. Moreover, the product offers fast multi-computer image processing coupled with selectable resolution and algorithms including PDs, LEDs, VCSELs, and others.
Furthermore, developing nations such as India have a large potential for the expansion of smartphones owing to the growing Gen Z population. According to CyberMedia Research and Services Limited, In India, it is accounted that Samsung holds 24% of the market share in the smartphone segment, followed by OnePlus having 20% by Q2, 2023. In addition, smartphone shipments are growing by 45% YoY and the volume has increased to 47% concerning the previous quarter. Accordingly, the market trends analysis shows that it accounted for the growth in sales of smartphones, and there is a high demand for semiconductors, ultimately driving the semiconductor inspection system market growth.
Growth of the overall semiconductor sector across the globe is fuelling the semiconductor inspection system market
Semiconductor is an important component for any electronic and electrical device to function. In addition, the consumer electrics segment is presently witnessing a growth in the need for semiconductors due to the implementation of technology for product development and industrial automation. In addition, most electronic devices require key semiconductors including diodes, transistors, and integrated circuits to operate, which is raising the demand for semiconductors.
Moreover, significant advancements in technology including Artificial Intelligence (AI) being utilized by various other industries such as healthcare, automotive, aerospace, and defense, among others are boosting the need for semiconductors. To curb the shortage of semiconductors, Senate members introduced the U.S. Innovation and Competition Act (USICA), 2021, thus allowing the expenditure of USD 52 billion for domestic semiconductor manufacturing. Therefore, as per the market analysis, based on the aforementioned factors, it is concluded that the growing need for semiconductors by various industries is driving the semiconductor inspection system market growth.
Key Restraints :
Fluctuating raw material pricing is hindering the semiconductor inspection system market
Semiconductors are mainly manufactured by rare earth materials, and it is accounted that China has the highest reserve around the world of 44 Million MT. Also, the country was the largest producer of rare earth material with 210,000 MT in the year 2022. Factors such as the trade war between the U.S. and China have led to the rise in the pricing of rare earth materials resulting in pricing fluctuation. Accordingly, the analysis of market trends shows that the shortage of required raw materials and disruption in the supply chain tends to hamper the semiconductor inspection system market demand.
Future Opportunities :
Factors including emerging technologies, yield optimization, and shrinking node size are expected to drive the semiconductor inspection system market
Emerging technologies are becoming more advanced and complex, and with the growing need for precise detection of defects, quality assurance has become more important. Moreover, with the motive of yield optimization, maintaining high yield has become an integral part of chip manufacturing from batch production. Furthermore, a decrease in the size of the semiconductors which is referred to as shrinking of node to nanometer size has increased the density of chips. Therefore, maintaining the accuracy and quality of semiconductors has been pushing the demand. Furthermore, the market trends analysis shows that the shortage of semiconductors and fulfilling the requirements, manufacturers are expected to make more investments, thus driving the semiconductor inspection system market opportunities during the forecast period.
Global Semiconductor Inspection System Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 | USD 8,380.01 Million |
| CAGR (2023-2030) | 5.40% |
| By Type | Wafer Inspection System and Mask Inspection System |
| By Technology | E-beam and Optical |
| By End User | Foundry, Integrated Device Manufacturers (IDM), and Memory Manufacturers |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
| Key Players | ViSCO Technologies USA, Inc., TAKANO CO., LTD., UENO SEIKI CO., LTD., Nikon Metrology NV., Toray Engineering (TASMIT, Inc.), Onto Innovation, Inc., C&D Semiconductor Services Inc., Lasertec Corporation, KLA Corporation, Applied Materials Inc., Hitachi Group, ASML Holding N.V., and JEOL Ltd. |
| Geographies Covered | |
| North America | U.S. Canada Mexico |
| Europe | U.K. Germany France Spain Italy Russia Benelux Rest of Europe |
| APAC | China South Korea Japan India Australia ASEAN Rest of Asia-Pacific |
| Middle East and Africa | GCC Turkey South Africa Rest of MEA |
| LATAM | Brazil Argentina Chile Rest of LATAM |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Restraint or Challenges, Opportunities, Environment & Regulatory Landscape, PESTLE Analysis, PORTER Analysis, Key Technology Landscape, Value Chain Analysis, Cost Analysis, and Regional Trends & Forecast |
Semiconductor Inspection System Market Segmental Analysis :
By Type :
Based on the type, the market is bifurcated into wafer inspection systems and mask inspection systems. The wafer inspection system segment accounted for the largest revenue in the year 2022 of the total semiconductor inspection system market share. It is designed to detect patterns and physical defects on wafers and detect position coordinates. The identification of aforementioned defects is mainly categorized as random and systematic defects that are mainly caused by accumulation of particles and conditions of the mask and exposure process respectively. Moreover, wafer defects are detected using comparing the obtained image of the circuit pattern of the adjacent dies.
For instance, Nanotronics offers an intelligence inspection system for the inspection of Epi wafers, diced wafers, and substrate wafers, among others.
Furthermore, the segment is projected to grow at the fastest CAGR during the forecast period. The key factors attributed to higher emphasis on chip density and quality tend to drive the market during the forecast period. In addition, the segment trends analysis depicts that the inspection system is designed for repeated quality control testing and the setting of single image capture tends to proliferate the semiconductor inspection system market opportunities.
By Technology :
Based on the technology, the market is segmented into e-beam and optical. The optical segment is accounted to generate the largest market share in the year 2022 of the global semiconductor inspection system market. Optical-based inspection technology is mainly employed during the production flow to speed up the processes of inspection. In addition, optical inspection technology is utilized for tool and line monitoring during the fabrication process. Moreover, optical inspection technology is used for finding physical defects in fabrication and R&D. Furthermore, optical inspection technology is used by chip manufacturers to examine complete wafers, numbers ranging from 1 or more wafers within an hour timeline.
For instance, KLA Corporation has introduced a 295X series of optical defect inspection devices namely 2950 and 2955 are designed to operate on broadband plasma patterned wafer technology.
Furthermore, the segment is also anticipated to grow at the fastest CAGR during the forecast period. Thus, the analysis of segment trends shows that factors including faster processing rate comparatively e-beam technology for batch processing and high-volume manufacturing will promote semiconductor inspection system market demand during the forecast period.
By End-User :
Based on the end user, the market is segmented into foundry, integrated device manufacturers (IDM), and memory manufacturers. The integrated device manufacturers segment accounted for generate largest market stake of 58.5% in the year 2022 in the semiconductor inspection system market share. The key factors attributed to the growth of the segment owing to more control over the production by the companies. IDMs are identified as companies involved in manufacturing and marketing their semiconductor chips. Moreover, IDM sets its specifications for the inspection and maintenance of the quality and reliability of proprietary products.
Moreover, the memory manufacturers segment is projected to grow at the fastest CAGR during the forecast period. Owing to growing demand for memory including DRAM (Dynamic Random Access Memory) and NAND flash memory for devices such as computers, smartphones, and storage devices. Moreover, to highly competitive nature of business in the memory segment is influencing manufacturers to invest in the sector tends to promote semiconductor inspection system market trends during the forecast period.
For instance, in June 2023, Micron Technology, a memory chip manufacturer announced an investment of USD 825 million in creating new test facility and chip facilities in Gujrat, India.
By Region :
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America accounted for the largest revenue share of USD 1,986.42 Million in 2022 and is expected to reach USD 2,974.90 Million by 2030. In addition, in the region, the U.S. accounted for the maximum revenue share of 65.5% in the same year. Thus the semiconductor inspection system market analysis shows that the adoption of semiconductor inspection systems in the North American region is primarily driven by factors including the presence of leading semiconductor manufacturers. In addition, companies are maintaining to remain competitive in terms of manufacturing microprocessors and leading devices. Moreover, the region holds a leading position in design, R&D, and process technology. According to the World Semiconductor Trade Statistics (WSTS) 2022 report, U.S. firms accounted for 48% market share globally in the semiconductor industry. Moreover, the U.S. has exported semiconductors valued at USD 61.1 million during the same period. Therefore, the region has technical advantages in terms of technology and research which has driven the semiconductor inspection system market trends.
Moreover, Asia-Pacific is expected to register the fastest CAGR of 5.6% during the forecast period. Factors attributable to the growth of the region during the forecast period are due to low production costs, emerging market conditions, global partnerships, and technological innovation, among others. Asian countries have lower production costs owing to the availability of a less expensive workforce which will ultimately reduce the cost of production. In addition, economies including China, India, South Korea, and Taiwan have emerging markets in the Southeast Asian region.
For instance, semiconductor materials maker JSR Corporation has announced its acquisition by the Japanese government which is valued at USD 6.35 billion. Accordingly, the market analysis depicts that global partnerships in terms of acquisition, joint venture, and mergers will further prompt the region to grow during the forecast period, thus promoting the semiconductor inspection system market expansion.
Top Key Players & Market Share Insights:
The semiconductor inspection system market is highly competitive with major players providing semiconductor inspection systems to the national and international markets. Key players are adopting several strategies in research and development (R&D), product innovation, and end-user launches to hold a strong position in the semiconductor inspection system market. Key players in the semiconductor inspection system industry include-
- ViSCO Technologies USA, Inc.
- TAKANO CO., LTD.
- Applied Materials Inc.
- Hitachi Group
- ASML Holding N.V.
- JEOL Ltd.
- UENO SEIKI CO., LTD.
- Nikon Metrology NV.
- Toray Engineering (TASMIT, Inc.)
- Onto Innovation, Inc.
- C&D Semiconductor Services Inc.
- Lasertec Corporation
- KLA Corporation
Recent Industry Developments :
- In June 2022, Hitachi High-Tech launched a dark field wafer defect inspection system di2800, for semiconductor devices in the IoT and automotive fields which can achieve high sensitivity of 100%.
- In November 2022, SCREEN launched a new wafer pattern inspection system ZI-3600, for wafers used in next-generation MEMS, CIS, and power devices.
Key Questions Answered in the Report
What is Semiconductor Inspection System? +
Semiconductor inspection system includes different techniques to evaluate and examine semiconductor chips, wafers, and components during the process of manufacturing.
What specific segmentation details are covered in the semiconductor inspection system report, and how is the dominating segment impacting the market growth? +
For instance, by type segment has witnessed wafer inspection system as the dominating segment in the year 2022, owing to its increasing demand from industries including automotive aerospace, and others.
What specific segmentation details are covered in the semiconductor inspection system market report, and how is the fastest segment anticipated to impact the market growth? +
For instance, by end user segment has witnessed memory manufacturers segment to grow at the fastest growth rate during the forecast period. The rising demand for volatile and non-volatile memory for consumer electronic devices is expected to boost the market growth during the forecast period.
Which region/country is anticipated to witness the highest CAGR during the forecast period, 2023-2030? +
Asia-Pacific is anticipated to register fastest CAGR growth of 5.6% during the forecast period due to rapid pace of industrialization and presence of semiconductor based companies.
