Global Semiconductor CVD Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Semiconductor CVD Equipment Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Chemical vapor deposition (CVD) is a chemical process used to produce high quality, high-performance, solid materials. The process is often used in the semiconductor industry to produce semiconducting thin films and complex Nano and micro-structures. And semiconductor CVD equipment is important production equipment, which also used in electronics and industrial.

In typical CVD, the substrate (wafer) is exposed to one or more volatile precursors, which react and decompose on the substrate surface to produce the anticipated deposit. Microfabrication processes use CVD technology to deposit materials in various forms, including polycrystalline, monocrystalline, epitaxial, and amorphous.

Various CVD processes include Atmospheric-Pressure Chemical Vapor Deposition (AP CVD), Plasma-enhanced chemical vapor deposition (PECVD), Low-pressure Chemical Vapor Deposition (LP CVD), and Metal-organic Chemical Vapor Phase Deposition (MO CVD).

Market Overview:

The latest research study on the global Semiconductor CVD Equipment market finds that the global Semiconductor CVD Equipment market reached a value of USD 10829.42 million in 2022. It’s expected that the market will achieve USD 20048.37 million by 2028, exhibiting a CAGR of 10.81% during the forecast period.

During the COVID-19 outbreak, the government issued a relevant shutdown ban, which caused a large number of factories to shut down. The Semiconductor CVD Equipment industry's production activities will be seriously affected during the epidemic. At the same time, during the outbreak, sales channels were severely hindered, network expansion was delayed, marketing was delayed, brand adjustments were forced, market sales declined, and sales in the semiconductor CVD equipment industry will be affected. More seriously, this has led to an increase in the number of unemployed. It is expected that in the next period of time, the production and sales volume of the Semiconductor CVD Equipment industry will decline significantly in the first quarter.

According to media reports, the performance of many industries and companies around the world was affected in the first quarter, which was relatively obvious in March, and the performance of semiconductor equipment manufacturers also showed this. According to data from the International Semiconductor Industry Association, the sales of North American semiconductor equipment manufacturers in March were US$2.21 billion, a decline of 6.8% from US$2.37 billion in February, which was the lowest sales month in the past four months.

The semiconductor CVD equipment industry ranks in the upper middle and upper reaches of the semiconductor industry and belongs to the upstream supply side of chip manufacturers and packaging and testing plants. The overall industry boom mainly fluctuates with the semiconductor cycle. From the perspective of chip design, manufacturing and packaging, the impact of the epidemic is very uneven. As mentioned earlier, due to the strict production environment, the chip manufacturing industry has naturally achieved epidemic prevention and control. The chip design industry mainly relies on engineers to work, and the online office can effectively offset the impact of the epidemic while ensuring the safety of intellectual property. Although the design industry has been affected to a certain extent, the overall progress has only been delayed. Compared with manufacturing and design, the packaging and testing industry has been greatly affected by the epidemic. The packaging and testing industry has certain labor-intensive attributes, and employees cannot gather for production under the epidemic, so the impact is greater. However, under effective domestic epidemic prevention and control, this problem has been alleviated.

Fierce market competition

The semiconductor CVD equipment industry has seen rapid technological innovation, and rapid updating of related products. If the company cannot correctly grasp the market dynamics and industry development trends, it cannot further consolidate its dominant position and ensure its core in product research and development, market expansion, etc. There are market competition risks such as decline in business performance and decline in market share due to weakened competitive advantages. Moreover, there is an increasing number of competitors entering the market, which means the technology and professional knowledge of this industry are no longer unavailable. If the players still provide roughly the same products or services, or at least few obvious differences; Or if the players continue to compete on price in semiconductor CVD equipment products, avoiding enhancing products with features and technological content that could increase costs, it will be hard for them to sustain the fierce market. Therefore, companies in the semiconductor CVD equipment market must increase their R&D activities in new manufacturing technologies in order to gain a competitive edge over other market players.

Increase in Demand for Microelectronics and Consumer Electronics to Fuel the Demand

An increase in the sale of microelectronics and consumer electronics is expected to fuel the demand for semiconductor ICs, during the forecast period. The increase in demand for semiconductor ICs is predicted to improve the production capacity of semiconductor device manufacturers, which, in turn, is expected to augment the need for semiconductor chemical vapor deposition equipment. Also, governments and industry stakeholders are keenly following the advances in the microelectronics industry as these technologies might potentially disrupt and also boost the market for the Internet of Things. R&D for microelectronics may also increase with the impending bandwidth crunch, due to the improved penetration of virtual reality and augmented reality devices. Therefore, the increase in demand for microelectronics and consumer electronics promises to promote the market growth.

Region Overview:

China is projected to account for a considerable share of the Semiconductor CVD Equipment market and is expected to become the largest region by 2027.

Company Overview:

Applied Materials Inc. is one of the major players operating in the Semiconductor CVD Equipment market, holding a share of 31.62% in 2022.

Applied Materials Inc.

Applied Materials is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Its expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality. At Applied Materials, its innovations make possible the technology shaping the future.

Tokyo Electron Limited

Since its founding in 1963, TEL has grown to encompass many offices around the world that engineer, manufacture, sell, and service wafer-processing or semiconductor production equipment (SPE), as well as flat panel display (FPD) and thin-film silicon photovoltaic equipment (PVE). As the world market share leader in several product lines, TEL plays a key role in the evolving global semiconductor industry.

Segmentation Overview:

By type, PE CVD segment accounted for the largest share of market in 2021.

Atmospheric-pressure chemical vapor deposition (AP CVD)

Atmospheric Pressure Chemical Vapour Deposition is a CVD method at normal pressure (atmospheric pressure) which is used for deposition of different oxides. The deposited oxide has a low density and the coverage is moderate due to a relatively low temperature.

Low-pressure chemical vapor deposition (LP CVD)

Low pressure chemical vapor deposition (LPCVD) is a chemical vapor deposition technology that uses heat to initiate a reaction of a precursor gas on the solid substrate. This reaction at the surface is what forms the solid phase material. Low pressure (LP) is used to decrease any unwanted gas phase reactions, and also increases the uniformity across the substrate.

Plasma-enhanced chemical vapor deposition (PE CVD)

Plasma-enhanced chemical vapor deposition (PECVD) is a chemical vapor deposition process used to deposit thin films from a gas state (vapor) to a solid state on a substrate. Chemical reactions are involved in the process, which occur after creation of a plasma of the reacting gases. The plasma is generally created by radio frequency (RF) (alternating current (AC)) frequency or direct current (DC) discharge between two electrodes, the space between which is filled with the reacting gases.

Metal-organic chemical vapor phase deposition (MO CVD)

Metal-organic chemical vapor phase deposition (MO CVD) is a chemical vapour deposition method used to produce single- or polycrystalline thin films. It is a process for growing crystalline layers to create complex semiconductor multilayer structures. In contrast to molecular-beam epitaxy (MBE), the growth of crystals is by chemical reaction and not physical deposition. This takes place not in vacuum, but from the gas phase at moderate pressures (10 to 760 Torr).

Application Overview:

The market's largest segment by application is the segment IDM, with a market share of 58.89% in 2021.

Foundry

The foundry refers to a semiconductor fabrication plant operation (foundry) and an integrated circuit design operation that belong to separate companies or business units.

Memory

In computing, memory refers to a device that is used to store information for immediate use in a computer or related computer hardware device. It typically refers to semiconductor memory, specifically metal–oxide–semiconductor (MOS) memory, where data is stored within MOS memory cells on a silicon integrated circuit chip.

IDM

Integrated device manufacturers (IDM) are semiconductor companies which design, manufacture, and sell integrated circuit (IC) products.

Key Companies in the global Semiconductor CVD Equipment market covered in Chapter 3:

Lam Research Corporation
Adeka Corporation
Veeco Instruments Inc.
Applied Materials Inc.
ASM International
Hitachi Kokusai Electric
CVD Equipment Corporation
Plasma-Therm
Applied Materials
Aixtron
Tokyo Electron Limited

In Chapter 4 and Chapter 14.2, on the basis of types, the Semiconductor CVD Equipment market from 2018 to 2029 is primarily split into:

Atmospheric-pressure chemical vapor deposition (AP CVD)
Low-pressure chemical vapor deposition (LP CVD)
Plasma-enhanced chemical vapor deposition (PE CVD)
Metal-organic chemical vapor phase deposition (MO CVD)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Semiconductor CVD Equipment market from 2018 to 2029 covers:

Foundry
Memory
IDM
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)