Semiconductor Metrology And Inspection Equipment Market Size, Share, Opportunities, And Trends By Type (Lithography Metrology, Thin Film Metrology, Wafer Inspection, Lead Frame Inspection, Others), By Technology (Optical, E-beam), And By Geography - Forecasts From 2023 To 2028

The semiconductor metrology and inspection equipment market is projected to grow at a CAGR of 5.36% to reach US$14.579 billion in 2028 from US$10.117 billion in 2021.

Semiconductor metrology and inspection equipment are specialized tools used in the semiconductor industry to measure and monitor various parameters related to the manufacturing process. These tools are critical to ensuring the quality and reliability of semiconductor products. The semiconductor metrology and inspection equipment market is driven by a combination of increasing demand for semiconductor devices, technological advancements, regulations and standards, the increasing complexity of semiconductor devices, and a growing focus on quality control.

Increasing investments in the development of the semiconductor industry are anticipated to boost the market growth of semiconductor metrology and inspection equipment.

Growing in significance and usage across multiple applications including electronics, automotive, healthcare, and telecommunications, the semiconductor industry is seeing increasing investments from both companies and governments worldwide. The rise in investments is expected to drive demand for semiconductor metrology and inspection equipment. For instance, Intel Corporation, the leading manufacturer of semiconductor chips globally, announced its commitment to invest a minimum of $20 billion in two novel factories aimed at producing semiconductors in September 2022. Micron Technology marked the inauguration of a new manufacturing site near Syracuse, N.Y., in October 2022, with plans to invest around $20 billion in the facility. Taiwan Semiconductor Manufacturing Company (TSMC) announced its plans to triple its investment to $40 billion and construct a second advanced chip factory in Phoenix, Arizona, in December 2022. In September 2021, Economy Minister Peter Altmaier engaged in discussions with 50 representatives from the semiconductor industry at both European and international levels to encourage investment in microelectronics in Germany. Additionally, the German government revealed plans to invest approximately €3 billion towards the redevelopment of production sites throughout the semiconductor production value chain. The Italian government declared its intentions in March 2022 to allocate over 4 billion euros ($4.6 billion) towards increasing local chip manufacturing until 2030. France announced an investment plan worth €5 billion in July 2022 with the goal of developing and manufacturing advanced electronics technology by 2030. Thus, the market expansion of semiconductor metrology and inspection equipment will be propelled by investments from countries worldwide.

The Asia-Pacific region is expected to show the maximum growth potential for the semiconductor metrology and inspection equipment market.

The growth of this market can be attributed to the significant presence of semiconductor manufacturing industries in countries such as China, Japan, South Korea, and Taiwan. For instance, according to data published by the National Bureau of Statistics (NBS), the production of integrated circuits (ICs) in China during January and February 2023 reached a total of 44.3 billion units. Japan’s semiconductor industry experienced a 26.2% growth in 2021, according to the International Trade Administration. According to the Industrial Technology Research Institute (ITRI), the semiconductor industry in Taiwan achieved a total production value of NT$4.08 trillion (equivalent to US$146.76 billion) in 2021, indicating a 26.7% increase year-on-year. Additionally, the region has a large consumer electronics market and increasing investments in semiconductor research and development, which are expected to drive the demand for semiconductor metrology and inspection equipment. For instance, data from the Ministry of Electronics and Information Technology states that India’s electronics manufacturing industry was valued at US$ 74.7 billion in 2020. According to the same source, India can achieve over US$ 300 billion in electronics manufacturing and exports by 2025. Similarly, data from Japan’s Ministry of Economy, Trade and Industry indicates that in 2020, the country produced around 29,362 million yen worth of consumer electronic equipment. Moreover, in September 2022, as part of the PLI (production-linked incentive) scheme, a budget of Rs 76,000 crore (approximately $10 billion) was allocated for the creation of a semiconductor and display manufacturing electronics ecosystem in India. In November 2022, The Japanese government declared its plans to allocate an initial investment of 70 billion yen (equivalent to $500 million) towards a novel semiconductor venture, which will be spearheaded by technology companies such as Sony Group Corp and NEC Corp. Thus, the combination of such factors is expected to boost the market growth of semiconductor metrology and inspection equipment in the Asia Pacific region.

Market Key Developments

• In August 2022, Hitachi Power Solutions Co., Ltd. introduced the latest addition to its FineSAT series of devices, the "FineSAT7" Scanning Acoustic Tomograph. This technology utilized ultrasonic waves' reflective and transmissive characteristics to non-destructively identify and image small structures and imperfections such as delamination and voids within semiconductors and electronic components.
• In June 2022, Hitachi High-Tech Corporation announced the launch of the Hitachi Dark Field Wafer Defect Inspection System DI2800, which was a crucial component in the metrology capabilities of any semiconductor manufacturer. The DI2800 was a high-speed metrology system specifically designed to detect defects and particles on patterned wafers up to 8 inches (200 mm) in diameter using dark field technology.
• In June 2021, four new products had been launched by KLA Corporation for the manufacturing of automotive chips. These include the 8935 high productivity patterned wafer inspection system, the C205 broadband plasma patterned wafer inspection system, the Surfscan SP A2/A3 unpatterned wafer inspection systems, and the I-PAT inline defect part average testing screening solution.

Semiconductor Metrology And Inspection Equipment Market Scope:

 

Report Metric	Details
Market Size Value in 2021	US$10.117 billion
Market Size Value in 2028	US$14.579 billion
Growth Rate	CAGR of 5.36% from 2021 to 2028
Base Year	2021
Forecast Period	2023 – 2028
Forecast Unit (Value)	USD Billion
Segments Covered	Type, Technology, and Geography
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Companies Covered	KLA Corporation, Applied Materials Inc, Onto Innovation Inc, Thermo Fisher Scientific Inc, Hitachi Hi-Technologies Corporation, Nova Measuring Instruments Limited, ASML Holding NV, Lasertec Corporation, Nikon Precision Inc, Canon
Customization Scope	Free report customization with purchase

 

Segmentation

• By Type
  • Lithography Metrology
  • Thin Film Metrology
  • Wafer Inspection
  • Lead Frame Inspection
  • Others
• By Technology
  • Optical
  • E-beam
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

2. RESEARCH METHODOLOGY  

2.1. Research Data

2.2. Assumptions

3. EXECUTIVE SUMMARY

3.1. Research Highlights

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

5. SEMICONDUCTOR METROLOGY AND INSPECTION EQUIPMENT MARKET ANALYSIS, BY TYPE

5.1. Introduction

5.2. Lithography Metrology

5.3. Thin Film Metrology

5.4. Wafer Inspection

5.5. Lead Frame Inspection

5.6. Others 

6. SEMICONDUCTOR METROLOGY AND INSPECTION EQUIPMENT MARKET ANALYSIS, BY TECHNOLOGY

6.1. Introduction

6.2. Optical 

6.3. E-beam

7. SEMICONDUCTOR METROLOGY AND INSPECTION EQUIPMENT MARKET ANALYSIS, BY GEOGRAPHY

7.1. Introduction

7.2. North America 

7.2.1. USA

7.2.2. Canada

7.2.3. Mexico

7.3. South America 

7.3.1. Brazil

7.3.2. Argentina

7.3.3. Others

7.4. Europe 

7.4.1. UK

7.4.2. Germany

7.4.3. France

7.4.4. Italy

7.4.5. Others

7.5. Middle East and Africa 

7.5.1. Saudi Arabia

7.5.2. UAE

7.5.3. Others

7.6. Asia Pacific 

7.6.1. China

7.6.2. Japan

7.6.3. India

7.6.4. South Korea

7.6.5. Taiwan

7.6.6. Others

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Emerging Players and Market Lucrativeness

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Vendor Competitiveness Matrix

9. COMPANY PROFILES

9.1. KLA Corporation 

9.2. Applied Materials Inc 

9.3. Onto Innovation Inc 

9.4. Thermo Fisher Scientific Inc 

9.5. Hitachi Hi-Technologies Corporation 

9.6. Nova Measuring Instruments Limited 

9.7. ASML Holding NV 

9.8. Lasertec Corporation 

9.9. Nikon Precision Inc 

9.10. Canon 

KLA Corporation

Applied Materials Inc

Onto Innovation Inc

Thermo Fisher Scientific Inc

Hitachi Hi-Technologies Corporation

Nova Measuring Instruments Limited

ASML Holding NV

Lasertec Corporation

Nikon Precision Inc

Canon