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Semiconductor Abatement Systems Market Report Overview
The global Semiconductor Abatement Systems Market size was USD 917 million in 2022 & the market is expected to reach USD 2,275.76 million in 2031, exhibiting a CAGR of 10.8% during the forecast period.
The global COVID-19 pandemic has been unprecedented and staggering, with Semiconductor Abatement Systems Market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
In the processing of semiconductors, semiconductor gases are employed. The electronic bulk gases and electronic special gases are two more divisions that may be made from these semiconductor gases. Some of these gases are generated specifically for the electronic manufacturing industry, such as nitrogen fluoride, while others include industrial gases like argon, carbon dioxide, helium, hydrogen, nitrogen, and oxygen in their purest forms. The heart of every electronic device is a semiconductor chip, which has led to advancements in fields including communications, computing, healthcare, military systems, and transportation. Numerous products that are essential in daily life, including computers, cellphones, household appliances, automobiles, and medical equipment, are supported by semiconductor technology. A wide range of procedures, such as etching, cleaning, thin film creation, ion implantation, and flattening, are necessary for the production of semiconductors. Modern manufacturing techniques and component devices are used in these procedures, and they all adhere to high standards for performance, dependability, safety, and environmental impact.
Gases that are poisonous, combustible, and even dangerous to humans and the environment are used in the semiconductor business. as in the manufacturing of microchips. The national law requires that these gases be reduced. They are therefore decreased below the corresponding threshold limit value (TLV). Different gases require various technologies for treatment, including thermal, moist, or even a mix of the two. For a greener future, the process exhaust gases can then be discharged into the atmosphere without endangering the environment.
In the modern era, the COVID-19 situation is unparalleled. While stagnant consumer demand led to the recession during the financial crisis in 2007 and 2008, the COVID-19 scenario caused a shock to both global demand and supply, posing a twofold problem. It is challenging to generalise from previous crises to create forecasts because of this unusual characteristic.
Latest Trends
"Market Growth For Semiconductor Gases Will Be Driven By An Increase In Semiconductor Demand From The Electric Vehicle Industry"
Semiconductors have permeated contemporary life and are at the heart of any technology that makes it possible for electronic gadgets to be used today. The rising trend of digitization in all industries over the last few decades has increased demand for semiconductors. With typical IC engine-based cars having a significantly greater number of processors and microcontrollers to manage every other small function, the global automobile sector is also a part of the digitalization movement. An electric car uses far more electronic parts than any other type of traditional IC power vehicle, including sensors; touch screens, and power electronics.
Semiconductor Abatement Systems Market Segmentation
- By Type Analysis
According to type, the market can be segmented into Combustion-wash Type, Dry Type, Catalytic Type, Wet Type, Plasma Wet Type, Others. [mention the leading segment from the link provided]. Note: don’t disclose the % share of the segment.
- By Application Analysis
Based on application, the market can be divided into IDM, Foundry. [mention dominating segment from the link provided]. Note: don’t disclose the % share of the segment.
Driving Factors
"Increasing Consumer Demand Will Help The Electronics Sector Flourish"
Consumer electronics, including smart phones, tablets, and wearable electronics, are now much more accessible to the general public because to the fast growth of technology over the last several decades. The projected period is anticipated to see this trend continue, leading to a larger acceptance of these consumer electronics. The number of people utilizing the internet worldwide has been rising quickly over the past few years, as of April 2021, according to data released by the World Bank. More over 60% of the world's population uses the internet, and due to increased internet accessibility, it is expected that this percentage will rise in the years to come. Additionally, current developments in enabling technologies, like 5G and a lot, are probably going to increase demand for consumer devices.
Restraining Factors
"Increasing Environmental Concerns And Tighter Restrictions Could Impede Market Expansion"
A handful of the gases utilized in the manufacture of semiconductors are thought to be among the most toxic and most polluting substances. This includes, for instance, the flourinated gases that are frequently employed in manufacturing processes like etching, chemical vapour deposition, and chamber cleaning, among others. Based on the effects they have, the dangers connected to these kinds of gases may be divided into three categories: fire, explosion, and contamination. Companies must maintain regulatory compliance in order to guarantee the health and safety of their employees and to safeguard the workplace from unintentional damage. This result in higher installation costs for scrubbers and other facilities used to treat gas emissions.
Semiconductor Abatement Systems Market Regional Insights
"Asia Pacific Will Hold The Largest Segment During Forecast Period"
In 2021, Asia Pacific had a sizable portion of the market. Due to increasing demand from its developing semiconductor manufacturing industry, the area is projected to maintain its position over the projection period. Asia Pacific accounts for the bulk of global consumption, with Taiwan dominating the region as a prominent consumer thanks to its semiconductor manufacturing industry. The nation continues to make significant investments in increasing its present production capacity. It has long been a leader in the fabrication of semiconductor chips. In order to satisfy the increased demand, other nations including China, South Korea, and Japan are also anticipated to enhance their semiconductor manufacturing capacity throughout the projection period. This will probably result in a rise in demand for semiconductor gases.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP SEMICONDUCTOR ABATEMENT SYSTEMS COMPANIES
- Ebara (Japan)
- Busch Vacuum Solutions (Germany)
- GST (Global Standard Technology) (South Korea)
- Edwards Vacuum (U.K.)
- CS Clean Solutions (U.S.)
- DAS Environmental Expert (Germany)
- CSK (Atlas Copco) (Sweden)
- Ecosys Abatement (U.S.)
- Highvac (U.S.)
- Nippon Sanso (Japan)
- Showa Denko (Japan)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 917 Million in 2022 |
Market Size Value By |
US$ 2275.76 Million by 2031 |
Growth Rate |
CAGR of 10.8% from 2022 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
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What value is the global Semiconductor Abatement Systems Market expected to touch by 2031?
The global Semiconductor Abatement Systems Market is expected to touch USD 2,275.76 million in 2031.
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What CAGR is the Semiconductor Abatement Systems market expected to exhibit during 2022-2031?
The Semiconductor Abatement Systems market is expected to exhibit a CAGR of 10.8% over 2022-2031.
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Which are the driving factors of the Semiconductor Abatement Systems market?
Consumer electronics, including smart phones, tablets, and wearable electronics, are now much more accessible to the general public because to the fast growth of technology over the last several decades.
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Which are the top companies operating in the Semiconductor Abatement Systems market?
Ebara, Busch Vacuum Solutions, GST (Global Standard Technology), Edwards Vacuum, CS Clean , Solutions, DAS Environmental Expert, CSK (Atlas Copco), Ecosys Abatement, Highvac, Nippon Sanso, Showa Denko are the top companies operating in the Semiconductor Abatement Systems market.