Ion Implanter Market to expand at a robust 5% CAGR by 2031

iCrowd Newswire
24 Nov 2022, 06:32 GMT+10

Ion Implanter Market: Introduction

Transparency Market Research delivers key insights on the global ion implanter market. In terms of revenue, the global ion implanter market is estimated to expand at a CAGR of ~5% during the forecast period, owing to numerous factors regarding which TMR offers thorough insights and forecasts in its report on the global ion implanter market.

The global ion implanter market is broadly affected by several factors, including usage of ion implanters in various applications such as semiconductor fabrication, metal finishing, and others. One of the latest trends in the consumer electronics industry is the shrinking size of products. The reduction in size of products has resulted in manufacture of nanochips and complex circuit boards. This has fueled the demand for high precision ion implanters.

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Ion Implanter Market: Dynamics

The demand for semiconductors reached a new high in 2018 with 1 trillion units shipped worldwide for the first time. This has led to the development of new technologies such as artificial intelligence, virtual reality, and Internet of Things (IoT). According to Semiconductor Industry Association (SIA) and International Data Corporation (IDC), the global semiconductor industry was valued at US$ 442 Bn in 2020 and is expected to reach US$ 476 Bn in 2021. The expansion of the semiconductor industry is projected to propel the demand for ion implanters over the next few years.

Shrinking size of electronic devices and rise in trend of miniaturization in electronics have prompted manufacturers to employ thinner and complex IC circuits and circuit board prints. This has augmented the demand for advance ion implant equipment. Electrical components and devices such as computer microprocessors contain nanometer-level electrical circuits. Memory chips are being doped by high precision ion implanters.

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The global ion implanter market is driven by increase in demand for silicon devices such as transistors and semiconductor chips. Integrated device manufacturers and semiconductor foundries across the globe are leading customers of new ion implanter equipment. The global semiconductor industry is expected to expand significantly over the next decade, due to emergence of technologies such as autonomous driving, artificial intelligence (AI), 5G, and Internet of Things; consistent spending on R&D; and rise in competition among key players.

Ion Implanter Market: Prominent Regions

Asia Pacific dominates the global ion implanter market. The market in the region is anticipated to expand at a CAGR of more than 5.3% during the forecast period. The increase in demand for optoelectronics and microelectronics technologies in the region is driving the ion implanter market in Asia Pacific. Taiwan and South Korea are key countries of the ion implanter market in Asia Pacific. Taiwan held major share of the ion implanter market in Asia Pacific in 2020. The country is estimated to maintain its dominant position during the forecast period.

North America is also a key region of the global ion implanter market. The U.S. led the ion implanter market in North America in 2020. Presence of a large number of semiconductor companies and increase in the number of semiconductor fabrication plants are driving the demand for ion implanters in the U.S.

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Ion Implanter Market: Key Players

The global ion implanter products market was consolidated with the presence of key players. Prominent players operating in the global ion implanter market are Axcelis Technologies Inc., Applied Materials Inc., NISSIN ELECTRIC CO. LTD., Sumitomo Heavy Industries Ltd., Intevac, Inc., XP Power, Kingstone Semiconductor Joint Stock Company Ltd., Innovion Corp, OEM Group LLC, idonus sarl, Plansee Group, ULVAC, and Ion Beam Services.

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Tags: Ion Implanter, Ion Implanter Market