- Summary
- Table Of Content
- Methodology
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:
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 include detection of cracks and defects on silicon wafer to minimize failure and improve overall productivity. In addition, failure to identify any defect or deposited particle on the surface of semiconductors wafers lead to the improper functioning of final semiconductor product. Furthermore, semiconductors inspection system is designed to inspect on both side of wafer including identifying color defect.
Semiconductor Inspection System Market Insights :
Semiconductor Inspection System Market Dynamics - (DRO) :
Key Drivers :
Increasing demand for semiconductors in consumer electronics industry is driving the market growth of semiconductor inspection system
Semiconductor inspection is an essential practice conducted by semiconductor manufacturers for attaining high quality production and flexibility in the manufacturing processes. The key objective of semiconductor inspection system is to produce high quality wafer and semiconductors products that are directly utilized in the consumer electronics industry. The key factors attributing to the rise in demand for semiconductors inspection system is due to the growing demand for high quality and low cost semiconductors for the manufacturing of electronic equipment including household appliances, handheld electronic devices, 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 nation such as India has a large potential for the growth of smartphone owing to the growing Gen Z population. According to Cyber Media Research and Services Limited, In India, it is accounted that Samsung holds 24% of 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% with respect to previous quarter. Accordingly, it is accounted that with the rise in sales of smartphone, there is high demand for semiconductors, ultimately driving the market growth for semiconductors inspection system.
Growth of overall semiconductor sector across the globe is fuelling the demand for semiconductor inspection system
Overall, semiconductor industry is growing at rapid pace owing to growing demand for electronic devices and equipment. Semiconductor is an important component for any electronic and electrical device to function. In addition, consumer electrics segment is presently witnessing rise in demand for semiconductors due to implementation of technology for product developments and industrial automation. In addition, most of the electronic devices requires key semiconductors including diodes, transistors, and integrated circuits to operate, which is raising the demand for semiconductors, thus ultimately driving the market growth for semiconductors inspection systems.
Moreover, significant advancement in technology including Artificial Intelligence (AI) being utilized by various other industries such as healthcare, automotive, aerospace and defense, among others is boosting the need for semiconductors. In addition, the trade war among U.S. and China has impacted the supply chain for semiconductors requirement. Therefore, in order to curb the shortage of semiconductor, Senate members introduced U.S. Innovation and Competition Act (USICA), 2021, thus allowing expenditure of USD 52 billion for domestic semiconductor manufacturing. Therefore, based on aforementioned factors, it is concluded that the growing demand for semiconductor by various industries is driving the market growth for semiconductor inspection systems.
Key Restraints :
Fluctuating raw material pricing is hindering the market growth
Semiconductor 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. Factor such as trade war among U.S. and China has led to the rise in pricing of rare earth materials resulting in the pricing fluctuation. Accordingly, owing to the shortage of required raw material and disruption in the supply chain tends to hamper the market growth of semiconductor inspection system.
Future Opportunities :
Factors including emerging technologies, yield optimization, shrinking node size are expected to drive the market growth
Emerging technologies are becoming more advanced and complex, with 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 integral part of chip manufacturing from batch production. Furthermore, decrease in the size of semiconductor which is referred as shrinking of node to nanometer size has increased the density of chips. Therefore, in order to maintain the accuracy and quality of semiconductors have been pushing the demand for semiconductor inspection system. Furthermore, owing to shortage of semiconductors and fulfilling the requirements, manufacturers are expected to make more investment, thus driving the growth of semiconductor inspection system market 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 system and mask inspection system. The wafer inspection system segment is accounted for the largest revenue share in the year 2022. Wafer inspection system is designed to detect pattern 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 by means of comparing obtained image of the circuit pattern of the adjacent dies.
For instance, Nanotronics offers nTelligence inspection system for inspection of Epi wafers, diced wafers, substrate wafers, among others.
Furthermore, the segment is projected to grow at the fastest growth rate during the forecast period. The key factors attributed to the growth of the segment is due to higher emphasis on chip density and quality tends to drive the market growth of wafer inspection system segment during the forecast period. In addition, inspection system is designed for repeated quality control testing and setting of single image capture tends to proliferate the market growth.
By Technology :
Based on the technology, the market is segmented into e-beam and optical. Optical segment is accounted to generate largest market share in the year 2022. 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 wafer, number ranging from 1 or more wafer within an hour timeline.
For instance, KLA Corporation has introduced 295X series of optical defect inspection device 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 growth rate during the forecast period. Owing to factor including faster processing rate comparatively e-beam technology for batch processing and high volume manufacturing will promote its market growth 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. Integrated device manufacturers segment is accounted to generate largest market share of 58.5% in the year 2022. The key factors attributed to the growth of the segment owing to more control over the production by the companies. IDM are identified as companies involved in manufacturing and marketing of their own semiconductor chips. Moreover, IDM set their own specifications for the inspection and maintenance of quality and reliability of proprietary products.
Moreover, memory manufacturers segment is projected to grow at the fastest growth rate 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, owing to highly competitive nature of business in memory segment is influencing manufacturers to invest in the sector tends to promote the market growth during the forecast period.
For instance, in June 2023, Micron Technology, a memory chip manufacturer announced the 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.s
North America is 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. The adoption of semiconductor inspection system in North American region is primarily driven by factors including 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 World Semiconductor Trade Statistics (WSTS) 2022 report, U.S. firms accounted to 48% market share globally in the semiconductor industry. Moreover, U.S. has exported semiconductor 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 market growth of semiconductors inspection systems.
Moreover, Asia-Pacific is expected to register fastest CAGR growth of 5.6% during the forecast period. Factors attributable to the growth of the region during the forecast period are due to low production cost, emerging market conditions, global partnership, technological innovation, among others. Asian countries have lower production cost owing to the availability of less expensive work force 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 Japan government which is valued at USD 6.35 billion. Accordingly, global partnerships in terms of acquisition, joint venture, and mergers will further prompt the region to grow during the forecast period, thus promoting semiconductor inspection system market growth.
Top Key Players & Market Share Insights:
The semiconductor inspection system market is highly competitive with major players providing semiconductor inspection system 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 semiconductor inspection system market. Key players in the semiconductor inspection system market 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 dark field wafer defect inspection system di2800, for semiconductor devices in the IoT and automotive fields which is able to achieve high sensitivity of 100%.
- In November 2022, SCREEN launched 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.
