Market Overview:
The global rapid thermal processing equipment market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for rapid thermal processing equipment in the R&D and industrial production applications. Additionally, the growing demand for semiconductor devices is also contributing to the growth of this market. The lamp-based segment is expected to dominate the global rapid thermal processing equipment market during the forecast period, owing to its low cost and easy availability.
Product Definition:
Rapid Thermal Processing Equipment is used to quickly heat and cool materials. The importance of Rapid Thermal Processing Equipment is that it allows for the processing of a large number of parts in a short amount of time.
Lamp-based:
Lamp-based, also referred to as solar lamp or light source based, rapid thermal processing equipment market is expected to witness significant growth over the forecast period. The growth of this market can be attributed to several factors such as growing demand for clean and renewable energy sources in developing economies and increasing awareness regarding environmental protection.
Laser-based:
Laser-based RTP equipment is used for rapid thermal processing of food products such as poultry, beef, and pork. The process involves high-temperature cooking which helps in retaining the natural juices and nutrients. This technique also aids in retaining the color of food by minimizing or eliminating the presence of unprocessed melanoidins formed during grilling or roasting processes.
Application Insights:
The research and development segment dominated the global market in 2017. The application of RTP equipment for research & development activities is gaining traction across the globe. Equipment such as 3D printers, CNC machines, and other rapid prototyping systems are being used for designing & developing new products.
Rapid thermal processing equipment finds applications in several industrial production segments including automotive parts manufacturing, medical devices & implants manufacturing, aerospace components manufacturing among others. Growing demand for precision-engineered products with enhanced quality is expected to drive the demand from various industrial production applications over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing research and development activities in various sectors such as aerospace, automotive, electronics, pharmaceuticals among others. In addition, rising industrial production in countries such as China and India are anticipated to drive the demand for rapid thermal processing equipment in Asia Pacific region.
The Europe market was valued at USD X million in 2017 owing to high product adoption by several end-use industries including food & beverage and pharmaceuticals across countries such as Germany, France Italy Spain among others which are major consumers of RTP equipment globally. North America accounted for a significant share of global revenue due to early adoption of rapid thermal processing technology by several key industry players operating within this region along with high disposable income levels within this region have contributed significantly towards higher sales volumes of these systems over time (see Figure 1).
Growth Factors:
- Increasing demand for miniaturization in electronics industry
- Growing trend of 3D printing and additive manufacturing
- Rising demand for semiconductor devices and integrated circuits
- Proliferation of nanotechnology and MEMS technology
- Increasing number of research and development activities
Scope Of The Report
Report Attributes
Report Details
Report Title
Rapid Thermal Processing Equipment Market Research Report
By Type
Lamp-based, Laser-based
By Application
R&D, Industrial Production
By Companies
Applied Materials, Mattson Technology, Kokusai Electric, Ultratech(Veeco）, Centrotherm, AnnealSys, Koyo Thermo Systems, ECM, CVD Equipment Corporation, SemiTEq, Applied Materials
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Rapid Thermal Processing Equipment Market Report Segments:
The global Rapid Thermal Processing Equipment market is segmented on the basis of:
Types
Lamp-based, Laser-based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
R&D, Industrial Production
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Applied Materials
- Mattson Technology
- Kokusai Electric
- Ultratech(Veeco）
- Centrotherm
- AnnealSys
- Koyo Thermo Systems
- ECM
- CVD Equipment Corporation
- SemiTEq
- Applied Materials
Highlights of The Rapid Thermal Processing Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Lamp-based
- Laser-based
- By Application:
- R&D
- Industrial Production
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rapid Thermal Processing Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rapid thermal processing (RTP) equipment is a type of industrial furnace used to heat materials quickly and evenly. The equipment uses high temperatures and pressures to speed up the process of heating materials. This allows manufacturers to create products faster, which can lead to increased efficiency and cost savings.
Some of the major companies in the rapid thermal processing equipment market are Applied Materials, Mattson Technology, Kokusai Electric, Ultratech(Veeco）, Centrotherm, AnnealSys, Koyo Thermo Systems, ECM, CVD Equipment Corporation, SemiTEq, Applied Materials.
The rapid thermal processing equipment market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rapid Thermal Processing Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rapid Thermal Processing Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rapid Thermal Processing Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rapid Thermal Processing Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rapid Thermal Processing Equipment Market Size & Forecast, 2018-2028
4.5.1 Rapid Thermal Processing Equipment Market Size and Y-o-Y Growth
4.5.2 Rapid Thermal Processing Equipment Market Absolute $ Opportunity
Chapter 5 Global Rapid Thermal Processing Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rapid Thermal Processing Equipment Market Size Forecast by Type
5.2.1 Lamp-based
5.2.2 Laser-based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rapid Thermal Processing Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rapid Thermal Processing Equipment Market Size Forecast by Applications
6.2.1 R&D
6.2.2 Industrial Production
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rapid Thermal Processing Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rapid Thermal Processing Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rapid Thermal Processing Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Rapid Thermal Processing Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rapid Thermal Processing Equipment Market Size Forecast by Type
9.6.1 Lamp-based
9.6.2 Laser-based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rapid Thermal Processing Equipment Market Size Forecast by Applications
9.10.1 R&D
9.10.2 Industrial Production
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rapid Thermal Processing Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Rapid Thermal Processing Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rapid Thermal Processing Equipment Market Size Forecast by Type
10.6.1 Lamp-based
10.6.2 Laser-based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rapid Thermal Processing Equipment Market Size Forecast by Applications
10.10.1 R&D
10.10.2 Industrial Production
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rapid Thermal Processing Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rapid Thermal Processing Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rapid Thermal Processing Equipment Market Size Forecast by Type
11.6.1 Lamp-based
11.6.2 Laser-based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rapid Thermal Processing Equipment Market Size Forecast by Applications
11.10.1 R&D
11.10.2 Industrial Production
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rapid Thermal Processing Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Rapid Thermal Processing Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rapid Thermal Processing Equipment Market Size Forecast by Type
12.6.1 Lamp-based
12.6.2 Laser-based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rapid Thermal Processing Equipment Market Size Forecast by Applications
12.10.1 R&D
12.10.2 Industrial Production
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rapid Thermal Processing Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rapid Thermal Processing Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rapid Thermal Processing Equipment Market Size Forecast by Type
13.6.1 Lamp-based
13.6.2 Laser-based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rapid Thermal Processing Equipment Market Size Forecast by Applications
13.10.1 R&D
13.10.2 Industrial Production
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rapid Thermal Processing Equipment Market: Competitive Dashboard
14.2 Global Rapid Thermal Processing Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Applied Materials
14.3.2 Mattson Technology
14.3.3 Kokusai Electric
14.3.4 Ultratech(Veeco）
14.3.5 Centrotherm
14.3.6 AnnealSys
14.3.7 Koyo Thermo Systems
14.3.8 ECM
14.3.9 CVD Equipment Corporation
14.3.10 SemiTEq
14.3.11 Applied Materials
