Market Overview:
The global semiconductor processing furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for semiconductors in various applications such as integrated circuits, consumer electronics, telecommunication, and others. In addition, the growing demand for miniaturization and higher performance of semiconductors is also fueling the growth of this market. Based on type, the global semiconductor processing furnace market can be segmented into horizontal furnaces and vertical furnaces. The horizontal furnaces segment is expected to account for a larger share of the global market than the vertical furnaces segment during the forecast period. This can be attributed to their high adoption in various applications owing to their ability to process large wafers easily. Based on application,the global semiconductor processing furnace market can be divided into integrated circuits (ICs), consumer electronics (CEs), telecommunication, and others including medical devices and automotive electronics).
Product Definition:
A semiconductor processing furnace is a piece of equipment used in the fabrication of semiconductor devices. The main importance of a semiconductor processing furnace is that it allows for the thermal treatment and doping of semiconducting materials, which are essential steps in the manufacture of integrated circuits and other electronic devices.
Horizontal Furnace:
Horizontal furnace is a type of electric furnaces used in semiconductor processing. It is also known as the ingot furnace or blooming mill. The basic operation of horizontal furnaces consists of two steps, namely, heating and cooling. In the first step, raw materials such as silicon wafers are heated to a temperature above 1000oC which converts them into molten form that can flow into channels and be carried to finishing machines by means of tracks or conveyor belts.
Vertical Furnace:
Vertical furnace is a type of processing equipment used in semiconductor manufacturing facilities for heating and holding materials at a constant temperature. It is also known as vertical flow or inclined furnace since the feedstock, fuel, and products are all at different levels. The fuel can be solid (such as coal) or liquid (such as oil).
Application Insights:
The integrated circuit application segment accounted for the largest share of over 40.0% in 2017. The demand for IC processing is witnessing a paradigm shift due to technological advancements and diversified applications of chips. Integrated circuits are found in every device, from smartphones to washing machines and thermostats, thus driving the global semiconductor processing furnace market growth over the forecast period.
Consumer electronics accounted for a significant share owing to increasing demand from countries such as China, Japan and South Korea where high-tech products are highly preferred by consumers worldwide. Moreover, consumer preference is shifting towards smart wearables which require small scale integrated circuits; thus propelling market growth during the forecast period globally.
Telecommunication was another prominent segment accounting for nearly 15% of global revenue share in 2017 on account of growing telecom infrastructure investments across various regions including North America.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from end-use industries such as consumer electronics, automotive, aerospace & defense, and others. In addition, rising investments by governments of China and India are anticipated to fuel regional growth during the forecast period.
China is one of the major consumer markets in Asia Pacific for SEMI processed products owing to low labor costs along with easy availability of raw materials such as silicon at cheaper rates compared to other countries in North America or Europe. Furthermore, government policies encouraging domestic manufacturing are estimated to further drive product demand over the next eight years.
North America was a significant contributor towards global market revenue owing both vertical (integrated circuits).
Growth Factors:
- Increasing demand for semiconductor devices from the consumer electronics and automotive industries
- Growing demand for semiconductor processing equipment in China and other developing countries
- Advances in furnace technology that improve performance and reduce manufacturing costs
- Increased use of semiconductor processing furnaces in the manufacture of LED lighting products
- Growing market for solar energy products, which require semiconductor processing furnaces for manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Semiconductor Processing Furnace Market Research Report
By Type
Horizontal Furnace, Vertical Furnace
By Application
Integrated Circuit, Consumer Electronics, Telecommunication, Others
By Companies
Thermco Systems, Bruce Technologies, Koyo Thermo Systems Co., Ltd, Ohkura, Beijing NAURA Microelectronics, Tokyo Electron, ASM International, Centrotherm, SVCS Process Innovation s.r.o, Tempress, SEMCO TECHNOLOGIES, Kokusai Electric Corporation
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Semiconductor Processing Furnace Market Report Segments:
The global Semiconductor Processing Furnace market is segmented on the basis of:
Types
Horizontal Furnace, Vertical Furnace
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
Integrated Circuit, Consumer Electronics, Telecommunication, Others
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:
- Thermco Systems
- Bruce Technologies
- Koyo Thermo Systems Co., Ltd
- Ohkura
- Beijing NAURA Microelectronics
- Tokyo Electron
- ASM International
- Centrotherm
- SVCS Process Innovation s.r.o
- Tempress
- SEMCO TECHNOLOGIES
- Kokusai Electric Corporation
Highlights of The Semiconductor Processing Furnace 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:
- Horizontal Furnace
- Vertical Furnace
- By Application:
- Integrated Circuit
- Consumer Electronics
- Telecommunication
- Others
- 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 Semiconductor Processing Furnace 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
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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?
A semiconductor processing furnace is a type of industrial furnace used to produce semiconductors.
Some of the key players operating in the semiconductor processing furnace market are Thermco Systems, Bruce Technologies, Koyo Thermo Systems Co., Ltd, Ohkura, Beijing NAURA Microelectronics, Tokyo Electron, ASM International, Centrotherm, SVCS Process Innovation s.r.o, Tempress, SEMCO TECHNOLOGIES, Kokusai Electric Corporation.
The semiconductor processing furnace market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Semiconductor Processing Furnace 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 Semiconductor Processing Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Semiconductor Processing Furnace 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 Semiconductor Processing Furnace 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 Semiconductor Processing Furnace Market Size & Forecast, 2020-2028
4.5.1 Semiconductor Processing Furnace Market Size and Y-o-Y Growth
4.5.2 Semiconductor Processing Furnace Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Horizontal Furnace
5.2.2 Vertical Furnace
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Integrated Circuit
6.2.2 Consumer Electronics
6.2.3 Telecommunication
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Semiconductor Processing Furnace 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 Semiconductor Processing Furnace 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Horizontal Furnace
9.6.2 Vertical Furnace
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 Market Size Forecast by Applications
9.10.1 Integrated Circuit
9.10.2 Consumer Electronics
9.10.3 Telecommunication
9.10.4 Others
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Horizontal Furnace
10.6.2 Vertical Furnace
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 Market Size Forecast by Applications
10.10.1 Integrated Circuit
10.10.2 Consumer Electronics
10.10.3 Telecommunication
10.10.4 Others
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Horizontal Furnace
11.6.2 Vertical Furnace
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 Market Size Forecast by Applications
11.10.1 Integrated Circuit
11.10.2 Consumer Electronics
11.10.3 Telecommunication
11.10.4 Others
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Horizontal Furnace
12.6.2 Vertical Furnace
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 Market Size Forecast by Applications
12.10.1 Integrated Circuit
12.10.2 Consumer Electronics
12.10.3 Telecommunication
12.10.4 Others
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Horizontal Furnace
13.6.2 Vertical Furnace
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) Market Size Forecast by Applications
13.10.1 Integrated Circuit
13.10.2 Consumer Electronics
13.10.3 Telecommunication
13.10.4 Others
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 Semiconductor Processing Furnace Market: Competitive Dashboard
14.2 Global Semiconductor Processing Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermco Systems
14.3.2 Bruce Technologies
14.3.3 Koyo Thermo Systems Co., Ltd
14.3.4 Ohkura
14.3.5 Beijing NAURA Microelectronics
14.3.6 Tokyo Electron
14.3.7 ASM International
14.3.8 Centrotherm
14.3.9 SVCS Process Innovation s.r.o
14.3.10 Tempress
14.3.11 SEMCO TECHNOLOGIES
14.3.12 Kokusai Electric Corporation
