IonImplanter Market: Introduction
TransparencyMarket Research delivers key insights on the global ion implanter market. In terms ofrevenue, the global ion implanter market is estimated to expand at a CAGR of ~5% duringthe forecast period, owing to numerous factors regarding which TMR offersthorough insights and forecasts in its report on the global ion implantermarket.
The globalion implanter market is broadly affected by several factors, including usage ofion implanters in various applications such as semiconductor fabrication, metalfinishing, and others. One of the latest trends in the consumer electronicsindustry is the shrinking size of products. The reduction in size of productshas resulted in manufacture of nanochips and complex circuit boards. This hasfueled the demand for high precision ion implanters.
Ion Implanter Market: Dynamics
The demandfor semiconductors reached a new high in 2018 with 1trillion units shipped worldwide for the first time. This has led to thedevelopment of new technologies such as artificial intelligence, virtualreality, and Internet of Things (IoT). According to Semiconductor IndustryAssociation (SIA) and International Data Corporation (IDC), the globalsemiconductor industry was valued at US$ 442 Bn in 2020 andis expected to reach US$ 476 Bn in 2021.The expansion of the semiconductor industry is projected to propel the demandfor ion implanters over the next few years.
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Shrinkingsize of electronic devices and rise in trend of miniaturization in electronicshave prompted manufacturers to employ thinner and complex IC circuits andcircuit board prints. This has augmented the demand for advance ion implantequipment. Electrical components and devices such as computer microprocessorscontain nanometer-level electrical circuits. Memory chips are being doped byhigh precision ion implanters.
The globalion implanter market is driven by increase in demand for silicon devices suchas transistors and semiconductor chips. Integrated device manufacturers andsemiconductor foundries across the globe are leading customers of new ionimplanter equipment. The global semiconductor industry is expected to expandsignificantly over the next decade, due to emergence of technologies such asautonomous driving, artificial intelligence (AI), 5G, and Internet of Things;consistent spending on R&D; and rise in competition among key players.
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Ion Implanter Market: ProminentRegions
AsiaPacific dominates the global ion implanter market. The market in the region isanticipated to expand at a CAGR of more than 5.3% duringthe forecast period. The increase in demand for optoelectronics andmicroelectronics technologies in the region is driving the ion implanter marketin Asia Pacific. Taiwan and South Korea are key countries of the ion implanter marketin Asia Pacific. Taiwan held major share of the ion implanter market in AsiaPacific in 2020. The country is estimated tomaintain its dominant position during the forecast period.
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NorthAmerica is also a key region of the global ion implanter market. The U.S. ledthe ion implanter market in North America in 2020. Presence of alarge number of semiconductor companies and increase in the number ofsemiconductor fabrication plants are driving the demand for ion implanters inthe U.S.
Ion Implanter Market: Key Players
The globalion implanter products market was consolidated with the presence of keyplayers. Prominent players operating in the global ion implanter market areAxcelis Technologies Inc., Applied Materials Inc., NISSIN ELECTRIC CO. LTD.,Sumitomo Heavy Industries Ltd., Intevac, Inc., XP Power, KingstoneSemiconductor Joint Stock Company Ltd., Innovion Corp, OEM Group LLC, idonussarl, Plansee Group, ULVAC, and Ion Beam Services.
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