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

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

Thin film deposition in semiconductor manufacturing refers to any process that deposits a film on a silicon substrate, which can be a conductor, insulating substance or semiconductor material. There are chemical and physical processes for thin film deposition, which can be specifically divided into three major categories: chemical vapor deposition (CVD), physical vapor deposition (PVD), and other deposition.

Market Overview:

The latest research study on the global Thin Film Semiconductor Deposition market finds that the global Thin Film Semiconductor Deposition market reached a value of USD 21779.0 million in 2022. It’s expected that the market will achieve USD 50420.32 million by 2028, exhibiting a CAGR of 15.02% during the forecast period.

In the first quarter of 2020, the global semiconductor industry achieved year-over-year sales growth; the recovery slowed as global semiconductor sales decreased month-over-month due to the global COVID-19 impact. Although global semiconductor sales achieved positive growth in the first quarter, the dampening effect from the global COVID-19 pandemic was not yet evident at that time. Since April, the global semiconductor industry has faced a greater impact due to the shutdown and suspension of production by semiconductor manufacturers in Europe, the U.S. and Japan.

In the second quarter of 2020, in the IC materials sector, several prominent chipmakers suffered operational disruptions due to coronavirus-related blockade orders in Southeast Asia. After being declared non-essential, component manufacturers had to shut down their production facilities. Major semiconductor material production towns such as Fukuoka and Kanagawa in Japan were put under a state of emergency due to the spread of the epidemic, creating great uncertainty in the global supply of semiconductor materials.
And with the outbreak of the epidemic in the United States, IC design manufacturers are gradually affected from the second quarter of 2020, which in turn will have a sustained impact on the downstream segment, but the impact on foundry segments is relatively manageable, and the impact of COVID-19 on thin film deposition equipment is relatively small.
The epidemic has boosted market demand for chips for applications such as IT infrastructure, personal cloud computing, gaming and medical electronics devices, which has pushed up equipment spending at fabs worldwide.
In the long term, the thin film semiconductor deposition industry is expected to maintain its growth trend. The semiconductor and semiconductor equipment industry will continue to be sought after by the market, driven by the continued growth of the electronic communication industry. Entering 2021, a series of new technologies and market demand such as 5G commercialization, data center, Internet of Things, smart city, automotive electronics, etc. will drive the semiconductor industry to give new momentum.

Social Factors

Social factors such as the level of social development and the consumer attitudes of the population also profoundly affect the extent of demand for semiconductors. Along with the increasing improvement of social security systems in different countries and the increasing expectation of people's future income, the overall consumption concept of the nation, especially the consumption concept of urban residents, is changing, gradually influencing the consumption habits of local consumers.
Everyday objects are becoming increasingly intelligent, with a wide range of electronic products emerging. Computing power has permeated from PC to smart phones, to a series of smart devices, to finally ubiquitous in homes, carriages and offices. This accelerated pace of consumer structure and industrial structure upgrade and the rapid development of new energy, new materials, new medicine, energy conservation and environmental protection, aerospace and other emerging industries, the formation of new consumer hotspots and economic growth points, making the semiconductor industry has a huge consumer market.

Environmental Factors

Laws related to environmental friendliness and carbon emissions are becoming increasingly stringent worldwide. Being environmentally friendly has become one of the tests for thin film semiconductor deposition manufacturers as governments have begun to place a high priority on pollution control.

Legal Factors

Government regulation of the thin film semiconductor deposition industry can have a significant impact on businesses by generally increasing production costs and also creating restrictions on sales. In addition, regulations are designed to benefit consumers and protect the environment, and manufacturers may face stiff fines and other penalties if they do not comply with these regulations.
There are also patent laws, tax laws, and related policies that affect the business practices of thin film semiconductor deposition suppliers as well as their profitability. With the passage of new safety rules and regulations, changes in the form of copyright and patent laws, and the legal drawbacks of competition, suppliers are finding some relief in developing countries, where strong regulations and tax breaks are helping manufacturers supply products globally at lower costs.

Region Overview:

From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.

Company Overview:

Applied Materials, Inc. is one of the major players operating in the Thin Film Semiconductor Deposition market, holding a share of 42.66% in 2023.

Applied Materials, Inc.

Applied Materials, Inc. provides manufacturing equipment, services and software to the global semiconductor, display and related industries.

Lam Research Corporation

Lam Research Corporation is a supplier of wafer fabrication equipment and services to the semiconductor industry. The Company designs, manufactures, markets, refurbishes and services semiconductor processing systems that are used in the fabrication of integrated circuits (ICs).

Segmentation Overview:

Among different product types, Chemical Vapor Deposition (CVD) segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Electronics segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Thin Film Semiconductor Deposition market covered in Chapter 3:

Tokyo Electron Limited
Applied Materials, Inc.
Vonik ips
Ulvac
CVD Equipment Corporation
Lam Research Corporation
ASM international
TES
Aixtron Se
Sypiotech

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

Chemical Vapor Deposition (CVD)
Physical Vapor Deposition (PVD)
Others (Epitaxy, And Electro Hydrodynamic Deposition)

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

IT and Telecom
Electronics
Energy and Power
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)