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

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

Semiconductor Processing Furnace is a heat treatment system in the semiconductor manufacturing process for oxidation, diffusion, and annealing, mainly including vertical, and horizontal furnaces and RTP.

Market Overview:

The latest research study on the global Semiconductor Processing Furnace market finds that the global Semiconductor Processing Furnace market reached a value of USD 1832.11 million in 2022. It’s expected that the market will achieve USD 2822.72 million by 2028, exhibiting a CAGR of 7.47% during the forecast period.

Emerging applications

Wafer manufacturing industry has capital-intensive and technology-intensive characteristics, in recent years, with the rapid development of artificial intelligence, new energy vehicles, the Internet of Things and the arrival of the 5G era, the global wafer manufacturing market is developing rapidly. Take 5G as an example, with the rise of 5G communication, third-generation semiconductor devices such as SiC and GaN are widely used, and the investment demand for III-V crystal equipment and process equipment continues to increase. Driven by application upgrades, downstream customers have higher expectations for technological advancement of highly reliable electronic components, which will enable Semiconductor Processing Furnace to maintain a strong competitive edge in its target markets.

Expansion of Fab Line Capacity

With the governments of the semiconductor industry support efforts to increase, the manufacturers have increased the fab construction, according to SEMI, in 2017-2019, is expected to global new 62 wafer processing production line. SEMI also shows 21 new construction projects starting in 2020, ranging from R&D to volume and including high- and low-probability parameters. The huge demand for wafers has prompted the current boom in foundry construction, with the establishment of new foundries and the expansion of old ones evident. Wafer demand is not only increasing year by year in the electronics industry but also in the non-electronic industry, thanks to the strong support of governments for information and communication, new energy, smart grid and other industries. Based on this, the expansion of fab production line capacity will force the development of equipment manufacturing, which will also drive the development of Semiconductor Processing Furnace.

Region Overview:

From 2022-2027, North America is estimated to witness robust growth prospects

Company Overview:

Applied Materials is one of the major players operating in the Semiconductor Processing Furnace market, holding a share of 55.81% in 2020.

Applied Materials

Applied Materials is the leader in materials engineering solutions used to produce virtually every new chip and advanced display in the world. Their expertise in modifying materials at atomic levels and on an industrial scale enables customers to transform possibilities into reality.

Tokyo Electron

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, Vertical Furnace segment accounted for the largest share of market in 2021.

Horizontal Furnace

The quartz tubes in horizontal furnaces are positioned horizontally to place and heat the wafers. The main control system of the horizontal furnace is divided into five parts, just like the vertical furnace.

Vertical Furnace

Compared to horizontal furnaces, vertical furnaces have a smaller footprint and offer better temperature and uniformity control. The main control system of the vertical furnace is divided into five parts: the furnace tube, the wafer transport system, the gas distribution system, the exhaust gas system, and the control system.

RTP

The RTP is a small, rapid heating system that can quickly bring a batch of wafers up to process temperature, reducing the time required to stabilize the process and quickly cooling down at the end of the process. The RTP offers more advanced temperature control than traditional vertical furnaces, with the main differences being its rapid ramp-up components, special wafer loading, forced air cooling and better temperature control.

Application Overview:

In the Semiconductor Processing Furnace market, 48.08% of the total value was generated through the Telecommunication segment by application in 2021.

Key Companies in the global Semiconductor Processing Furnace market covered in Chapter 3:

ASM International
Thermco Systems
SEMCO TECHNOLOGIES
Koyo Thermo Systems Co., Ltd
Centrotherm
Bruce Technologies
Beijing NAURA Microelectronics
Ohkura
Tempress
SVCS Process Innovation s.r.o
Tokyo Electron
Mattson Technology
Applied Materials

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

Horizontal Furnace
Vertical Furnace
RTP

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

Computer
Consumer Electronics
Telecommunication

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)