Research and Markets has announced the addition of the "Global Semiconductor Dry Etching Market 2014-2018" report to their offering.
The analysts forecast the Global Semiconductor Dry Etching Equipment market to grow at a CAGR of 2.27 percent over the period 2013-2018. One of the key factors contributing to this market growth is the increasing demand for smart electronic devices. The Global Semiconductor Dry Etching Equipment market has also been witnessing the growing need for miniaturization of electronic circuits. However, the cyclic nature of the Semiconductor industry could pose a challenge to the growth of this market.
Key vendors dominating this space are APPLIED materials Inc., Hitachi High-Technology Corp., Lam Research Corp., and Tokyo Electron Ltd.
Other vendors mentioned in the report are Jusung Engineering Co. Ltd, Mattson Technology Inc., ULVAC Technologies Inc., and Semes Co. Ltd.
Commenting on the report, an analyst from the team said: The increasing demand for high performance and low power consumption in smaller electronic devices requires the miniaturization of semiconductor circuits. The miniaturization of semiconductor circuits involves a wafer fabrication process through dry etching. Circuit miniaturization requires more thorough dry etching and the number of each etch step increases as capacity additions are incorporated. Currently, electronic devices use semiconductors with circuit line widths in the 20nm range. However, it is expected that ultra-miniature circuits, with line widths in the 10nm range could be introduced during the forecast period. Thus, this growing need for the miniaturization of semiconductor circuits is expected to fuel the demand for semiconductor dry etching equipment.
According to the report, one of the major drivers in this market is the increasing demand for smart electronic devices. There has been unprecedented growth in the adoption of smart electronic devices such as mobile phones, smartphones, notebooks, PCs, tablets, ultrabooks, and PDAs in the past few years. These devices employ numerous semiconductor components such as microchips that increase the demand for dry etching equipment, as semiconductor components require microfabrication.
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