Semiconductor Etch Equipment Market Size, Share, and Industry Analysis, By Type (Wet Etch Equipment and Dry Etch Equipment), By Application (Dielectric Etch and Conductor Etch), By End Use Industry (Healthcare Devices, Integrated Devices, Foundry, Memory Devices, and Defense Equipment), and Regional Forecast, 2024-2032

The global semiconductor etch equipment can be understood as an essential component involved in the manufacturing and especially cleaning of the wafers or semiconductor chips. The device enables the wafer substrate manufacturer to remove layer of the selective material from the chip by the application of certain chemical solvents. An etching system allows the manufacturers to create certain lines and patterns on the substrate surface to create a deployment ready semiconductor chip for the dedicated applications across multiple industries.

The market is primarily driven by semiconductor demand across the medical, defense, and electronic industries. The development of precise and accurate wafer substrate continuously drives the semiconductor chip demand for more superior and technologically top notch products across various industries. The integration of electric circuit across practically every industry can be cited as a critical factor promoting growth.

The market is identified as a highly optimistic market and has a tremendous potential for development owing to the multiple factors across the geographies. The efforts of the semiconductor chip and wafer manufacturers to create a distributed and diverse manufacturing setup is a main driving force for the market. Integration of modern technology such as AI and IoT to develop superior and novel electronic solutions across numerous end-use industries will propel the market with a swift pace over the study period. 

The COVID-19 pandemic hampered the market from supply side provision of the semiconductor chips and also obstructed the demand side scenario on the back of manufacturing shutdown across end user industries. Reduced cash liquidity and pessimistic sentiments in the global economy reduced investments in the semiconductor industry at a massive scale. Difficulties in the procurement of the raw material and volatility in the prices of the same is another major factor restraining market operations. Moreover, the restrictions on the cross border trade and complete shutdown of the international import-export operations for a brief period also adversely affected the global sales prospects of numerous global manufacturers in the market.

The market faced a serious downturn in the initial period of the COVID-19 pandemic and also went with a stable resurgence after the short term negative pointers of the pandemic subsided. Over a long term, the pandemic created an awareness amongst the key stakeholders in the market to focus on the restructuring of the supply chain and create a more robust and shockproof supply chain model to ensure that the emergency as COVID-19 pandemic will have a minimal impact on operations across the market.

Key Insights:

The report covers the following key insights:

• Recent Industry Trends and Developments


• Competitive Landscape & Key Players


• Complete Background Analysis, Including Assessment of the Semiconductor Etch Equipment Market


• Complete Analysis of Segments


• Impact of COVID-19 on the Global Semiconductor Etch Equipment Market

Segmentation:

By Type Analysis:

The dry segment accounted for the highest revenue share in the semiconductor etch equipment market. This is due to the use of dry etch in material removal through physical techniques such as impact ion. This is followed by the expulsion of materials from the surface or by chemical processes that convert the surface into reactive gases that can be carried away by the wind. Dry etching systems are excellent in micro and anisotropic fabrication and allow for precise processing. These qualities of dry etching equipment will contribute to the expansion of this segment shortly.

Regional Analysis:

• North America is anticipated to emerge as the dominating market with a major share following the Asia Pacific. The U.S. will single handily hold more than 3/4^th share of the regional estimations. The constant rise in the demand for semiconductors in the defense sector to integrate the SiC semiconductors in the technologically superior weapons to develop a modern armoury will contribute to the semiconductor etch equipment market.


• Asia Pacific is set to register an unforeseen growth in the sector of semiconductor manufacturing and also across the industries which have a vital application of semiconductors. The region will also hold a dominating share in the market with established manufacturing clusters across three major economies in the region which are Japan, China, and India.


• Europe is a matured and established market which will have a considerable share within the global market and is projected to develop with a moderate pace of growth. Moreover, the adverse effect of the Russia-Ukraine conflict on the Eastern Europe as a whole, will also derail the growth projections of the region during the first half of the market forecast.


• The Middle East and Africa region will be primarily driven by the GCC market, owing to a noteworthy rise in the sales of electronic devices and IoT based/automated equipment. The efforts to develop the modern and novel medical devices/equipment by the healthcare devices manufacturers will also create an optimistic scenario for the market.


• The semiconductor market in South America is a heavily dependent and import-based and lags in terms of established manufacturing clusters across the region. This scenario projected the region as a less vital region in the market and will also have modest growth prospects.

Key Players Covered:

Key players in the market comprise Hitachi High-Technologies Corp (HHT), Samco inc., ASML Holding NV, Panasonic Industry Co., Ltd., Shenzhen Delphi Laser & Robot Co., Ltd., Applied Materials, Inc., Spts Technologies Ltd., Tokyo Electron Limited, Lam Research Corporation, Plasma-Therm LLC, ULVAC Inc., Suzhou Delphi Laser Co., Ltd, and EV Group (EVG).

Key Industry Developments:

April 2023 – Hitachi High Tech recently made announcements about the establishment of high tech manufacturing facility at Mie Prefecture, Japan. The new facility is aimed toward the development of a carbon neutral factory which would pave the way toward doubling the efficiency and production capacity of etching systems.