Enjoy complimentary customisation on priority with our Enterprise License!
The CMP equipment market size is forecast to increase by USD 702.42 million at a CAGR of 5.25% between 2023 and 2028. The market is experiencing significant growth, driven by the rising adoption of Chemical-Mechanical Planarization (CMP) in the semiconductor industry. CMP is increasingly popular in IC fabrication due to its ability to provide superior planarization and surface finish, which is essential for advanced semiconductor manufacturing. The cyclic nature of the semiconductor industry, characterized by the continuous development of new technologies and process nodes, further fuels the demand for CMP equipment. As semiconductor manufacturers strive to produce smaller and more complex devices, the need for advanced CMP solutions to address the challenges of planarization and surface finish becomes increasingly critical. Additionally, the increasing adoption of 3D ICs and advanced packaging technologies is expected to provide further growth opportunities for the market.
The global market is expected to experience significant growth due to the increasing demand for advanced semiconductor devices in various industries. Semiconductor devices, including chemical elements such as silicon and other elements, are essential components in the production of electronic devices and integrated circuits. The fabrication process involves several steps, including wafer thinning, planarization techniques, and interconnect formation. Transistors, a critical component in semiconductor devices, require a uniform surface for optimal performance. Wafer thinning and planarity levels play a crucial role in achieving this uniformity. Multi-selective removal techniques are used to remove material from the wafer surface selectively, ensuring precise planarity levels.
The semiconductor industry's growth is driven by the consumer electronics sector, electric vehicles, and industrial automation. Molded interconnect devices, MEMS, printed circuit boards, memory disks, and integrated circuits are some of the applications that require CMP equipment in their fabrication process. Slurry testing equipment is essential for ensuring the quality of the slurry used in the CMP process. Overall, the market is expected to grow due to the increasing demand for advanced semiconductor devices and the need for uniform surfaces in various applications.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018 - 2022 for the following segments.
The Foundries segment is estimated to witness significant growth during the forecast period. CMP equipment is an essential component in semiconductor manufacturing, specifically in the production of integrated circuits (ICs). Its primary functions include metal polishing, planarization, and surface finishing of semiconductor wafers. In the fabrication process, semiconductor wafers undergo multiple depositions of various materials such as silicon dioxide, metals, and other films. CMP equipment facilitates the uniform removal of excess material, ensuring planarity levels necessary for subsequent processing steps. One critical application of CMP equipment is interlayer dielectric (ILD) planarization, where it is employed to smooth the dielectric layers between different metal layers. This process is crucial in nano-electronics, 3D IC manufacturing, and microelectromechanical systems (MEMS).
CMP equipment also plays a significant role in the production of memory disks, 3D devices, such as LEDs, smartphones, computers, TVs, videogame consoles, telematics, infotainment devices, and PCB production. Moreover, CMP equipment is vital in the manufacturing of advanced technologies like Internet of Things (IoT), 5G technology, and automobiles. It is used in the fabrication of electronic control units, on-line equipment, and laboratory equipment. CMP slurries, liquid dispersions, and CMP pads are essential consumables in this process. Dry etching and plasma polishing are alternative material removal mechanisms used in specific applications. Slurry testing equipment and CMP models are essential for ensuring the quality and performance of CMP processes.
Get a glance at the market share of various segments Request Free Sample
The Foundries segment was valued at USD 1.37 billion in 2018 and showed a gradual increase during the forecast period.
APAC is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
For more insights on the market share of various regions Request Free Sample
The global market is witnessing significant growth in 2023, with APAC leading the charge. This region dominates the market due to the high concentration of key players such as foundries, semiconductor wafer manufacturers, semiconductor manufacturers, OEMs, and ODMs. China, Taiwan, South Korea, and Japan are the major revenue-generating countries in APAC. The region's prominence is further bolstered by the presence of major semiconductor foundries, fueling the growth of the market. APAC's position as the largest consumer of semiconductor devices, driven by prominent players in consumer electronics and mobile devices industries like Samsung, Sony, LG, Toshiba, and Panasonic, also contributes significantly to the market's revenue.
Integrated circuits, a crucial component of modern technology, are at the heart of this growth. CMP equipment plays a vital role in the production of these circuits, ensuring uniform surface planarity levels for 3D ICs, nano-electronics, and other advanced technologies. CMP slurries and pads, liquid dispersions, and plasma and dry etching are essential CMP processes. Metal polishing and oxide dielectric planarization are material removal mechanisms used for microelectromechanical systems (MEMS), memory disks, chips, and various electronic devices. CMP equipment is indispensable in various industries, including automobiles, PCs, mobile devices, 3D devices, LEDs, smartphones, computers, TVs, videogame consoles, telematics, infotainment devices, and PCB production.
Electronic control units and on-line and laboratory equipment also require CMP processes for their manufacturing. The integration of 5G technology and Internet of Things (IoT) is further expanding the application scope of CMP equipment. Despite the numerous benefits, environmental impact remains a concern, and continuous research and development efforts are being made to minimize it.
Our CMP equipment market researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The Rising adoption of CMP in semiconductor industry is the key driver of the market. The semiconductor industry's increasing adoption of Chemical Mechanical Polishing (CMP) is primarily attributed to technological advancements, growing demand for sophisticated semiconductor devices, and substantial investments in research and development. CMP is a vital process in semiconductor manufacturing, addressing the need for precise planarization as devices become more complex with smaller feature sizes and intricate three-dimensional structures. This process ensures the necessary flatness and uniformity on substrates, thereby improving manufacturing yields. The significance of CMP lies in its ability to maintain uniformity across wafers, ensuring optimal performance and reliability of the final semiconductor products. Additionally, the use of CMP consumables, such as slurries and pads, enables efficient and effective polishing, contributing to the overall process's success in the semiconductor industry.
The Increasing popularity of CMP in IC fabrication is the upcoming trend in the market. The consumption of CMP equipment is on the rise in the IC fabrication industry due to the critical role it plays in delivering the precision and quality demanded by modern semiconductor devices. CMP, or Chemical Mechanical Polishing, is an essential process for planarizing multiple layers in IC designs, which have become increasingly complex with the addition of numerous materials. This process ensures a smooth and even surface, enabling proper functionality of the integrated circuits. Furthermore, the semiconductor industry's shift towards advanced technology nodes, such as 7 nm, 55 nm, and below, necessitates intricate designs and smaller feature sizes. CMP is indispensable in achieving the required level of planarization for these advanced nodes.
The slurry, pad, and chemical components used in CMP processes are consumables that are continually in demand to support the industry's growth.
The semiconductor industry's volatile nature, characterized by significant growth periods followed by market contractions, impacts the demand for consumables used in chemical mechanical polishing (CMP) processes. CMP is an essential step in semiconductor manufacturing, involving the use of pads and slurry to polish substrates. The fluctuating demand for semiconductor components directly influences the demand for CMP consumables. For instance, during periods of high demand for semiconductors, the need for CMP consumables increases due to the increased production of wafers. Conversely, during market downturns, excess inventory levels of finished semiconductor products can lead to decreased demand for CMP consumables. These market fluctuations can result in inventory imbalances and revenue volatility for chemical mechanical polishing equipment manufacturers.
The CMP equipment market forecasting report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Alpsitec: The company provides a range of compact and durable CMP (Chemical-Mechanical Planarization) equipment, including the Pcox 200s and Pcox20X models. These devices are renowned for their small footprint, user-friendly design, and strong construction, making them ideal solutions for various applications in the semiconductor industry.
The market research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market is a critical segment of the semiconductor industry, catering to the production needs of various electronic devices. The market utilizes a range of materials, including semiconductor devices made from chemical elements, mechanical movements in mechanical forces, and fabrication materials for wafer thinning and planarization techniques. Transistors, interconnects, and chip design are integral parts of IC manufacturing, which relies on CMP equipment and consumables such as slurries, pads, and pad conditioners. The consumer electronic products sector, including mobile phones, computers, and consumer electronics, is a significant end-user for CMP equipment. Micro-electro-mechanical systems (MEMS), compound semiconductors, and optics also benefit from CMP technology.
CMP equipment manufacturers and consumable suppliers play a crucial role in the industry, providing solutions for Moore's technologies and processing nodes at various wafer sizes. The semiconductor sales market is driven by the demand for advanced electronic devices, such as electric vehicles, molded interconnect devices, MEMS, and printed circuit boards. CMP equipment and consumables are essential for the fabrication of these advanced technologies, making the market a vital component of the semiconductor industry's growth. The market encompasses a wide range of applications, from wafer surfaces and mechanical forces to chemical forces, and includes wafer manufacturers, NEMs, and IC manufacturing processes.
The market continues to evolve with advancements in technology, wafer sizes, and processing nodes.
|
Market Scope |
|
|
Report Coverage |
Details |
|
Page number |
158 |
|
Base year |
2023 |
|
Historic period |
2018-2022 |
|
Forecast period |
2024-2028 |
|
Growth momentum & CAGR |
Accelerate at a CAGR of 5.25% |
|
Market growth 2024-2028 |
USD 702.42 million |
|
Market structure |
Fragmented |
|
YoY growth 2023-2024(%) |
4.84 |
|
Regional analysis |
APAC, North America, Europe, South America, and Middle East and Africa |
|
Performing market contribution |
APAC at 39% |
|
Key countries |
US, China, Japan, UK, and Germany |
|
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
|
Key companies profiled |
Alpsitec, Amtech Systems Inc., Applied Materials Inc., Axus Technology, DuPont de Nemours Inc., Ebara Corp., Entegris Inc., FLP Microfinishing GmbH, Hitachi Ltd., Kakou USA LLC., Kemet International Ltd., Logitech International SA, Okamoto Machine Tool Works Ltd., Stahli USA, Tokyo Seimitsu Co. Ltd., BASF SE, Lapmaster Wolters, Samsung Electronics Co. Ltd., Fraunhofer Gesellschaft, and Revasum Inc. |
|
Market dynamics |
Parent market analysis, market growth inducers and obstacles, market forecast, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, market condition analysis for the forecast period |
|
Customization purview |
If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get the report (PDF) sent to your email within minutes.
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
