Request FREE sample PDF
Pharmacy benefit management market
Wafer Bonder Market Report Overview
The global wafer bonder market size is expected to be USD 149.3 million in 2022 and is projected to touch USD 291.07 million by 2031, exhibiting a CAGR of 7.7% during the forecast period.
The interface of the atoms reacts to form a covalent bond into one, and makes the interface to achieve a specified binding strength after wafer bonding. Wafer bonding is through chemical and physical impacts of the two mirror polished homogeneous or heterogeneous wafers closely together.
The growing demand for semiconductors such as silicon wafers and other comparable modules is directly tied to the market for wafer bonders. The pattern of the market's end users, such as producers of mechatronic goods, robotics companies, solar cell manufacturers, and others, has a significant impact on the wafer bonder market growth.
COVID-19 Impact: Pandemic and Lack of Labor to Impede Market Development
The global COVID-19 pandemic has been unprecedented and staggering, with the wafer bonder experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The spike in CAGR is attributable to wafer bonder market growth and demand returning to pre-pandemic levels once the pandemic is over.
In order to fight the virus, the semiconductor industry places a strong emphasis on ensuring the health and safety of its workers. Many cutting-edge technologies being used to address the global health issue are built around semiconductors. Due to lockdown procedures, a lack of available workers, and a disruption in the supply chain, production facilities in the semiconductors industry were put on hold during the COVID-19 epidemic, which had an impact on the demand for semiconductor bonding equipment. With the development of COVID-19, healthcare institutions have increased in quantity to accommodate the growing global patient population.
LATEST TRENDS
"New Product Development to Inflate the Market Demand"
Due to growing manufacture of new products like solar panels, the semiconductor and solar energy industries are experiencing rising demand. Growing popularity among small volume producers as a result of lower equipment costs and a more streamlined workflow. Wafer bonding systems are being used more frequently by end users as a result of the rapid product obsolescence, which is a significant challenge for both suppliers and customers.
Wafer Bonder Market Segmentation
- By Type
Based on type; the tracheostomy market is divided into Semi-Automated Wafer Bonder and Automated Wafer Bonder.
- By Application
Based on the application; the tracheostomy market is divided into MEMS, Advanced Packaging, CMOS, and Others.
DRIVING FACTORS
"Technological Advancements to Advance the Market Share"
The wafer bonder market would expand rapidly with the introduction of Industry 4.0 and technologies like IoT and AI in the automobile industry. The sector would see new innovations as a result of the growing need for car connection. The importance of linked cars is expanding as a result of enduring trends like touch-free human-machine interfaces that are transforming the automotive industry. One of the main drivers of the predicted increase in IoT connections is the integration of IoT in vehicle safety and communication technology. The advent of new technologies like adaptive cruise control, intelligent parking assistance systems, and advanced driver assistance systems (ADAS) would further spur market expansion.
"Increasing Demand for Semiconductors to Drive the Market Growth"
The main element fuelling the wafer bonder market expansion is a rise in the use of wafer bonding systems in the manufacturing of microelectronic devices. During the forecast period, it is anticipated that a growing market for wafers with diameters of 200 nm and 300 nm, a booming semiconductor manufacturing and electronics sector, ongoing advancements in various wafer bonding techniques, and a growing market for advanced packaging and microfluidics technology will all contribute to the market's expansion. A few advantages of the wafer bonding technology, including as its low bonding temperatures, excellent compatibility with common CMOS wafers, and insensitivity to surface topography, are eventually driving the market's expansion.
RESTRAINING FACTORS
"High Cost to Restrain the Market Advancements"
In order to carry out die-to-attach activities, semiconductor bonding gear is a piece of robust equipment that needs a large input capacity. This device requires hundreds or even thousands of watts of energy. Due to its intricate and expensive components, semiconductor bonding equipment has a very high cost of production.
Wafer Bonder Market Regional Insights
"North America to Lead the Market with Presence of Developed Healthcare System"
Asia Pacific region has the largest wafer bonder market share. This is because the rising nations of the area—Japan and India—adopt modern technology more quickly. The region's interest in technology and consumer electronics are both expanding. The market for wafer bonding is growing as a result.
North America is anticipated to have a sizable market share. Innovative solutions, primarily in the IT, telecom, and automotive industries, will drive the electronic production and creative agency market during the course of the projected period. Throughout the forecast period, strategic communication and collaboration focused at implementing cutting-edge methods and advancing current technologies are also anticipated to fuel expansion in the wafer bonder market.
KEY INDUSTRY PLAYERS
"Key Industry Players to Promote the Market Expansion"
The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.
LIST OF TOP WAFER BONDER COMPANIES
- EV Group (Austria)
- SUSS Electron (China)
- AML (U.S.)
- Mitsubishi (Japan)
- Ayumi Industry (Japan)
- SMEE (U.K.)
REPORT COVERAGE
This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching of recent industry developments, deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 149.3 Million in 2022 |
Market Size Value By |
US$ 291.07 Million by 2031 |
Growth Rate |
CAGR of 7.7% from 2022 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type & Application |
Frequently Asked Questions
-
What value is the wafer bonder market expected to touch by 2031?
Based on our research, the global wafer bonder market is projected to touch USD 291.07 million by 2031.
-
What CAGR is the wafer bonder market expected to exhibit by 2031?
The wafer bonder market is expected to exhibit a CAGR of 7.7% by the forecasted year 2031.
-
What are the driving factors of the wafer bonder market?
Technological advancements and increasing demand for semiconductors are the driving factors of the wafer bonder market.
-
Which are the top companies operating in the wafer bonder market?
EV Group, SUSS Electron, AML, Mitsubishi, Ayumi Industry, SMEE are the companies operating in the wafer bonder market.