Plasma Etch System Market: Overview and Dynamics
Plasma etching is a method of plasma processing used to manufacture integrated circuits. Plasma etching is described as a high-speed stream of plasma discharge or glow combined with an appropriate gas mixture fired in pulses at a sample.
The chemical reactions between the elements of the etched material and the reactive species formed by the plasma produce volatile etch products at room temperature during the process. The atoms of the shot part eventually embed themselves at or just below the surface of the target, changing its physical properties.
The semiconductor industry is the primary driver of the plasma etch system market. Plasma is most commonly used in the computer industry to make semiconductor chips. The demand for integrated circuits is being fueled by technological advances in the industry across the globe, which is further boosting the growth of the plasma etch system market.
Moreover, manufacturers also developed more lightweight, energy-efficient electronic devices that have higher performance capability, resulting in a need to build minuscule semiconductor integrated circuits. Further, advanced fabrication is necessary for the manufacture of miniature semiconductor circuits, which will propel the plasma etch system market forward.
The plasma etch system market has been steadily growing in response to the growing demand from advance technologies like IoT and AI. In addition, increasing smart devices penetration across the population is driving up the demand for plasma etch systems.
Plasma etching is a common option in the semiconductor industry because it uses less energy and does not require water, allowing water-sensitive wafers to be preserved. Industries in plasma etch system are starting to turn from conventional wet etching to plasma etching. Moreover, plasma etch system uses fewer chemicals and is best suited for automation and single-wafer production.
Despite the fact that plasma etch system is widely used, the plasma etch system market will face challenges due to the abundance of substitutes available like ion sputtering. Gluing plastics is one of the many applications of plasma etching. Plasma etching improves the surface area of the plastic and can alter the microstructure, resulting in improved plastic-adhesive bonding.
Plasma etch system has applications in a variety of industries, however, due to its IoT-based applications, the plasma etch system market is being driven by electronics and semiconductor industry. With the increasing demand from healthcare equipment, plasma etch system is further expected to gain even more traction in the coming years.
Next-generation high-precision equipment for plasma etch system has become a collective feature of production lines due to rapid technological advancement. The medical process control systems and top-notch semiconductor components will contribute significantly to the plasma etch system market's steady growth.
COVID-19 Impact Insights
COVID-19 declared a pandemic by the World Health Organization (WHO) in the early march 2020 has enforced countries to impose lockdown and abide strict social distancing measures leading to market shut down and flattening economic curve across the globe. The pandemic had shut down the semiconductor and electronics industries and has resulted in the cancellation of orders and even postponement of expected orders in some cases have posed an economical flat curve of these industries effecting plasma etch system market.
Plants shut down in North America, Asia-Pacific and Europe in the second quarter of 2020 has reduced the production of semiconductors, microelectronics components which in turn affected the plasma etch system market. Further, with reducing Covid-19 cases in some regions operations were resumed during the fourth quarter of 2020. The new Covid-19 strain which was first discovered in United Kingdom is spreading faster which may further force the regulatory bodies to impose more lockdowns.
In plasma etch system market to cycle the supply chain regulatory bodies have allowed manufacturing sectors to proceed with production. East Asia accounts for the largest semiconductors chips manufacturing amongst every other region, is showing some promising growth after resuming from the lockdown. However, by following COVID-19 guidelines and alternative rotation of workers can help the plasma etch system market to bounce back strongly by the first quarter of 2021.
Segmentation Analysis of Plasma Etch System Market
The global plasma etch system market is bifurcated into four major segments: by type, technology, end-use industry and region.
Based on type, plasma etch system market has been segmented into:
- Barrel Type Plasma Etching Equipment
- Planar Type Plasma Etching Equipment
Based on technology, plasma etch system market has been segmented as follows:
- Inductively Coupled Plasma (ICP)
- Reactive Ion Etching (RIE)
- Deep Reactive Ion Etching (DRIE)
- Plasma Enhanced Etching
Based on end-use industry, plasma etch system market has been segmented as follows:
- Semiconductor Industry
- Medical Industry
- Electronics and Microelectronics
Based on geographic regions, plasma etch system market is segmented as
- North America
- Latin America
- East Asia
- South Asia & Oceania
- Middle East & Africa
Plasma Etch System Market: Regional Outlook
Considering the regional classification, the report “Plasma Etch System” delivers categorical study on six prominent regions which include North America, Europe, Latin America, South Asia & Oceania, East Asia and Middle East & Africa.
The East Asian countries are the most important markets for plasma etch system, owing to rising demand for advanced technologies across wide range of end-user industries, rapid growth in the consumer electronics industry, and favorable governmental policies for the semiconductor industry is poised to contribute significantly in plasma etch system market.
The emergence of new technologies in Asia-Pacific has boosted demand for innovative and user-friendly smart devices. Due to the large production of consumer electronics such as televisions, tablets, and monitors, there has been an increase in demand for plasma etch system elevating the market towards promising growth.
The North America and Europe has shown moderate level of dominance in plasma etch system market due to higher labor cost and relative maturity in the market has shifted electronics and semiconductor industry to regions like East Asia and South Asia & Oceania. Although, the U.S. semiconductor industry is dominant, it has been outsourcing components from China, Japan and Korea limiting the market share of plasma etch system in the North America region. The Middle East and Latin America contributes minimalist shares in the plasma etch system market
Plasma Etch System Market: Key players
Considering the semiconductor and electronics industry, the market structure of plasma etch system is partially consolidated as only a moderate numbers of players are catering to the demand for plasma etch system. Across the globe, key manufactures in plasma etch system are
- SPTS Technologies (KLA Company)
- Lam Research Corporation
- Oxford Instruments
- Tokyo Electron Limited
- Thierry Corp
- GigaLane Co.
- SENTECH Instruments GmbH
- Plasma Etch, Inc
- Princeton Scientific Corp
- Applied Materials, Inc.
- Plasma-Thermare are market leaders of plasma etch system. While local manufacturers claim a minimal share of the global market, key players hold over more than half of total plasma etch system market collectively.
Recently, Lam Research Corporation launched new solutions to assist customers in rising chip memory density, which is needed for AI and machine learning applications (ML) in August 2019. Product modification and customization according to the end-use has been the key strategy followed by manufacturers to have sustainable growth in the longer run.
There have been random inorganic growth patterns witnessed in plasma etch system as JLS Designs Ltd., a UK-based supplier of compact plasma systems and custom-designed engineering solutions, has been acquired by Plasma-Therm, a leading manufacturer of plasma-process equipment for the semiconductor industry. This development would be providing them with a competitive advantage of unparalleled global reach over others and making them one of prominent global provider of plasma etch system.
Some of the players have been following a blend of organic and inorganic strategies to fuel themselves for a longer run in the plasma etch system market. Key players have listed out some of the high potential customers and collaborated with other parties in the supply chain to promote their products and to show their dominance presence in the market.
The research report presents a comprehensive assessment of the plasma etch system market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The plasma etch system market report provides analysis and information, according to market segments such as geographies, type, technology, and end-use industry.
The Plasma Etch System Market Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil, Argentina, Chile, Peru)
- Europe (UK, Germany, Spain, France, BENELUX, Italy, Rest of Europe)
- East Asia (China, Japan, South Korea)
- South Asia & Oceania (India, ASEAN, Australia and New Zealand, Rest of South Asia & Oceania)
- The Middle East and Africa (GCC Countries, South Africa, Northern Africa, Turkey, Rest of MEA)
The plasma etch system report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts, and industry participants across the value chain. The plasma etch system report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with plasma etch system market attractiveness as per segments. The plasma etch system report also maps the qualitative impact of various market factors on market segments and geographies.
The Plasma Etch System Market Report Highlights:
- A detailed overview of the parent market
- Changing plasma etch system market dynamics in the industry
- In-depth plasma etch system market segmentation
- Historical, current and projected plasma etch system market size in terms of volume and value
- Recent industry trends and developments in plasma etch system market
Competitive Landscape of Plasma Etch System Market
- Strategies of key players and products offered in plasma etch system market
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on plasma etch system market performance
- Must-have information for plasma etch system market players to sustain and enhance their market footprint
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.
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