Wafer Cleaning Equipment Market worth $16.5 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Sept. 1, 2023 /PRNewswire/ -- The wafer cleaning equipment market is expected to reach USD 16.5 billion by 2028 from USD 10.1 billion in 2023, at a CAGR of 10.4% during the 2023–2028 period according to a new report by MarketsandMarkets™. The process of wafer cleaning encounters challenges that revolve around effectively addressing various types of contaminants and defects, such as organic and metal impurities, which can negatively impact the wafer's condition. To ensure the successful elimination and neutralization of these undesirable elements from the wafer's surface, a range of technologies are employed, including wet chemical cleaning, dry cleaning, aqueous cleaning, cryogenic aerosol, and supercritical fluid cleaning. The method in which wafers are treated individually is termed single wafer cleaning, while the approach involving the simultaneous processing of multiple wafers is known as batch wafer cleaning.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=772

Browse in-depth TOC on "Wafer Cleaning Equipment Market"
140 – Tables
60 – Figures
220 – Pages

Wafer Cleaning Equipment Market Report Scope:

The growth of the wafer cleaning equipment industry is propelled by the increasing integration of Micro-Electro-Mechanical Systems (MEMS) technology in both traditional and modern applications. Additionally, the expansion of critical steps in the wafer cleaning process contributes to this growth. Furthermore, the escalating demand for wafers featuring 3D structures, coupled with the rising adoption of silicon-based sensors, chips, and diodes in Internet of Things (IoT) applications, presents enticing prospects for market participants. Conversely, challenges stemming from intricate circuit miniaturization and the limited investment by wafer manufacturers in capacity expansion stand as significant obstacles.

300 mm wafer size segment is expected to have the highest shipment in wafer market during the forecast period.

These wafers provide manufacturers with the capability to generate a substantial quantity of devices within a solitary production batch. This factor serves as one of the driving forces behind the development of semiconductor devices constructed using 300 mm wafers. An illustration of this trend is Infineon Technologies (Germany), which is actively engaged in the creation of power semiconductor devices employing 300 mm wafers. Consequently, the market for wafer cleaning equipment is projected to undergo substantial expansion, largely attributed to the escalating incorporation of these 300 mm wafers in a diverse range of electronic and semiconductor devices, including LEDs, MEMS, and ICs, among others.

MEMS application is expected grow at the highest CAGR of the wafer cleaning equipment market during the forecast period.

The demand for micro-electro-mechanical systems (MEMS) is on the rise, driven by their increasing adoption in both traditional and modern applications. These applications span a wide range, including medical devices, communication systems, automotive sensor devices, and inertial sensing systems. A key factor contributing to the popularity of MEMS is their compact design, making them well-suited for diverse use cases. MEMS devices comprise the integration of microsensors, microactuators, and microstructures on a silicon substrate. The specific dimensions, shapes, and sizes of each MEMS device vary based on their intended applications, with some reaching as small as one micron in dimension. The diminutive size of MEMS allows them to be seamlessly integrated into nearly all electronic devices, thus propelling their demand within the semiconductor market. The prevalence of MEMS technology has made a substantial impact on consumer electronics and the automotive sector, occupying a significant market share. Furthermore, MEMS technology is gaining momentum in various domains such as industrial applications, healthcare, and smart farming. Particularly noteworthy is its profound influence on the consumer electronics realm, with applications in smartphones and tablets being particularly prominent.

However, a crucial aspect during the wafer manufacturing process is to ensure that the critical dimensions of the wafers used in MEMS devices remain unaffected even as residual contaminants are removed from the wafer surface. Meeting all these exacting requirements falls within the purview of wafer cleaning equipment, ensuring that the quality of the final products is preserved without any compromise.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=772

Asia Pacific holds the largest market share of the wafer cleaning equipment market in 2022.

The Asia Pacific region is poised to witness significant advancement within the global semiconductor market. This growth can be attributed to the presence of cost-effective labor and a remarkable surge in the demand for consumer electronics. Notably, numerous semiconductor giants in the Asia Pacific are strategically investing in the production of electronic devices, a move further bolstered by the favorable economic conditions prevailing in various Asian countries. This confluence of factors is anticipated to drive considerable growth in the wafer cleaning equipment market within the Asia Pacific region in the foreseeable future.

Similarly, the wafer cleaning equipment market in the Americas finds its impetus through robust governmental support and the notable presence of semiconductor fabrication plants operated by key industry players such as Global Foundries (US) and Intel (US).

Key Players

The report profiles key players in wafer cleaning equipment companies such as SCREEN Holdings Co., Ltd. (Japan), Tokyo Electron Limited (Japan), Applied Materials (US), LAM Research Corporation (US), Shibaura Mechatronics Corporation (Japan), PVA TePLA AG (Germany), Entregris Inc., (US), SEMES (US), Modutek.com (Japan), Veeco Instruments Inc. (US), Toho Technology (US), ULTRON SYSTEMS, INC. (US), Akrion Technologies (US), Axus Technology (US), SHIBAURA MECHATRONICS CORPORATION (Japan), etc.

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=772

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

Related Reports: 

Tunable Diode Laser Analyzer (TDLA) Market by Methodology (In situ, Extractive); Gas Analyzer (Oxygen, Ammonia, COx, Moisture, CxHx, Hx), Device (Portable, Fixed), Industry (Oil & Gas, Chemical & Pharmaceutical, Power) and Region - Global Forecast to 2030

Silicon on Insulator Market by Wafer Size (200 mm and less than 200 mm, 300 mm), Wafer Type (RF-SOI, FD-SOI, Power-SOI, Emerging-SOI), Technology (Smart Cut), Product (MEMS Devices, RF FEM Products), Application and Region - Global Forecast to 2027

Thin Wafer Market by Wafer Size (125 mm, 200 mm, and 300 mm), Process (Temporary Bonding & Debonding and Carrier-less/Taiko Process), Technology, Application (MEMS, CIS, Memory, RF Devices, LED, Interposer, Logic) and Geography - Global Forecast to 2027

Semiconductor Manufacturing Equipment Market by Front-end Equipment, Back-end Equipment, Fab Facility Equipment (Automation, Chemical Control, Gas Control), Product Type, Dimension, Supply Chain Participant and Region - Global Forecast to 2028

Silicon Photonics Market with Recession Impact Analysis by Product (Transceivers, Switches, Sensors), Application (Data Centers & High-Performance Computing, Telecommunications), Waveguide, Component and Geography - Global Forecast to 2028

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Web Site: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/microelectronics-cleaning-equipment-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/cleaning-equipment.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg