ReportsnReports.com adds Global Semiconductor Stepper System Market 2016-2020 latest research report, an increase in the cost of litho functions with the introduction of advanced next-generation technologies is an emerging trend in the lithography system market. The analysts forecast global semiconductor stepper system market to grow at a CAGR of 1% during the period 2016-2020.
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According to the Semiconductor Stepper System market report, growing demand for the miniaturization and integration of semiconductor ICs is one of the important factors driving growth in the stepper system market, as semiconductor ICs require accurate and precise lithography equipment for processing denser wafers.
Application-based segmentation and analysis of the semiconductor stepper system market
Micro-electro-mechanical system (MEMS)
The MEMS market segment will be the largest application segment for semiconductor stepper systems during the forecast period. MEMS are extensively used across the consumer electronics, automotive, medical, industrial, telecom, and defense sectors for a wide array of applications. Furthermore, with the growing trend of vehicle automation, which includes car navigation and anti-lock braking systems, the need for MEMS sensors in the automotive sector will also increase. This increase in the applicability of MEMS across a wide range of end-user segments will foster the prospects for market growth until 2020. According to this industry research report, the MEMS market segment will account for more than 51% of the total market revenue.
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In this market research, analysts have estimated the APAC region to account for an impressive market share of more than 72% by 2020. South Korea, Taiwan, and Japan are the key countries in APAC that influence market growth. The presence of leading semiconductor foundries in countries like China and Taiwan, such as Semiconductor Manufacturing International in China and Taiwan Semiconductor Manufacturing and United Microelectronics in Taiwan, will create a demand for stepper systems in the region.
In the global semiconductor stepper systems market, a few prominent vendors account for more than 85% of the market in terms of revenue. The market is also consolidated, with intense competition among the players. As the semiconductor industry is governed by rapid technological changes, the vendors constantly work to upgrade their systems or adopt new technologies to gain a competitive advantage over their peers.
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Key players in the Global Semiconductor Stepper System market: ASML Holding N.V., Canon Inc., and Nikon Corp.
Other Prominent Vendors in the market are: Rudolph Technologies, Ultratech, and ZEISS.
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