Optical Patterned Wafer Inspection Equipment Market - Positive Long-Term Growth Outlook 2016 – 2024

During the process of manufacturing, optical patterned wafer inspection equipments are used for the detection of defects in patterned wafer. As a result of increasing application of semiconductor wafer in various industrial segments such as automotive and consumer electronics among others, the demand for optical patterned wafer inspection equipments is growing. The optical patterned wafer inspection equipments comprises of two technologies, namely; bright-field inspection and dark-field inspection.

The market for optical patterned wafer inspection equipments is expected to be driven as a result of technological advancements concerning the consumer electronics segment. The emergence of various technologies such as 3D T.Vs. Smart T.Vs and Ultra HD T.Vs is driving the growth of the optical patterned wafer inspection equipments market. The demand for these T.Vs are on the rise and a growing demand for them is bound to impact the demand for optical patterned wafer inspection equipments positively. These factors will result in an increased semiconductor capital equipment spending and ultimately the demand for optical patterned wafer inspection equipments will be influenced. Moreover, the surge of the semiconductor industry has resulted in various semiconductor manufacturers to increase their expenditure and production capacity on fab equipment. There has an increase in the complexities related to the semiconductor manufacturing as a result of new design processes and rules. This has led to the increase in the density of defects of semiconductor wafers which can result in severe damage of the wafers. Optical patterned wafer inspection equipments can help the semiconductor manufacturers to launch new products more effectively and quickly as they would help prevent defects in the product. Therefore, it has become a vital issue on the part of the wafer manufacturers to implement corrective measures in order to reduce the impurities that can hamper the performance of the devices and ultimately lead to the rejection of the entire wafer. The demand for a shorter semiconductor product development cycle is another important factor driving the growth of the optical patterned wafer inspection equipments market.

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As per recent trends it has been observed that the optical patterned wafer inspection equipments market is witnessing intense competition as more and more number of manufacturers are entering the market as a result of the enormous potential the market offers. This intense competition has resulted in the various vendors operating in the semiconductor industry to improve the performance of the semiconductor devices in order to stay ahead in the competition.

Geographically, the optical patterned wafer inspection equipments market can be segmented into five regions, namely, North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Among all the regions, Asia Pacific is expected to be the largest market for the optical patterned wafer inspection equipments market. Asia Pacific is considered to be the hub of the semiconductor manufacturing capacity and has the largest concentration in the world. The dominance of the Asia Pacific region is primarily due to presence of a large number of semiconductor manufacturers. Moreover, the region has one of the most advanced electronics manufacturing industries. Countries such as Japan, South Korea, Taiwan and China have a strong and developed Electronics Manufacturing industry which in turn is driving the growth of the optical patterned wafer inspection equipments market in the region. Furthermore, some of the largest semiconductor foundries such as United Microelectronics, Taiwan Semiconductor Manufacturing and Semiconductor Manufacturing International among others are also present in the region. The market in the U.S. is expected to be another important market for the optical patterned wafer inspection equipments during the forecast period.

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Some of the key players operating in the optical patterned wafer inspection equipments market are KLA-Tencor, Applied Materials, Hitachi High-Technologies, ASML Holding, Tokyo Seimitsu, Toray Engineering and JEOL, Ltd among others.