Market Overview:
The global vertical furnace market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for advanced packaging and semiconductor applications, and the growing trend of miniaturization in electronics devices. In terms of revenue, the North America region is expected to hold the largest share of the global vertical furnace market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A vertical furnace is a type of furnace that has a vertical orientation as opposed to a horizontal one. This type of furnace is typically used for melting metals, and it is important because it can reach very high temperatures, which is necessary for melting metals.
Wafer Size: 100mm-300mm:
Wafer size: 100mm-300mm, it's usage and growth factor in Vertical Furnace market? Wafer Sizes of Silicon & Insulator Products Market Size, Share & Trends Analysis Report By Product (Silicon Wafers, Germanium), By Application (Semiconductor Chip Manufacturing, Solar PV), And Segment Forecasts To 2022 -> The global wafer sizes of silicon and insulator products market was valued at USD 23.56 billion in 2014.
Wafer Size: 150mm-200mm:
Wafer size: 150mm-200mm is used in the vertical furnace market for thin-film coating applications. Wafer size refers to the thickness of a single layer of semiconductor material such as silicon or wafers used in electronic devices and other products. The smaller the wafer, the more layers can be stacked on top of each other to create a complex three-dimensional structure using conventional fabrication techniques such as epitaxy.
Application Insights:
The global vertical furnace market is segmented on the basis of application into semiconductors, advanced packaging, and others. The semiconductor industry was the largest revenue-generating sector in 2017 owing to increasing demand for chips from various end-use industries such as telecommunication & IT, automotive & transportation and medical sectors.
The growth of the electronics industry has been phenomenal over the past few years. According to a study conducted by IHS Markit in 2018, global electronic device sales are anticipated to reach 1 trillion by 2030 which would represent a compound annual growth rate (CAGR) of 13% from 2019 to 2030 compared with an estimated CAGR of XX% from 2017 to 2030 without this expansion project.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of key players and high adoption rate for advanced technologies. The region is expected to witness moderate growth over the forecast period, which can be attributed to increased focus on developing new products and production processes. Asia Pacific is projected to grow at a lucrative CAGR during the same period due to increasing demand from end-use industries such as electronics, automotive, medical devices, etc. Moreover, rising investments by governments in developing countries are anticipated to boost regional growth over the forecast period. China accounted for more than 30% share in global vertical furnaces market owing bothto its large size as well as rapid industrialization & urbanization that has led it into becoming one ofthe largest electronic product manufacturing hubs acrossthe globe with low labor costs & operational costs comparedto other regions including U.S., Germany or Japan among others).
Growth Factors:
- Increasing demand for energy-efficient and environment-friendly technologies
- Growing awareness about the benefits of using vertical furnaces
- Rising investments in research and development activities for developing new technologies
- Proliferation of small and medium-sized enterprises (SMEs) in the market
- Increasing demand from end-use industries
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Furnace Market Research Report
By Type
Wafer Size: 100mm-300mm, Wafer Size: 150mm-200mm, Wafer Size: 200mm-300mm
By Application
Advanced Packaging, Semiconductor, Others
By Companies
ASM International, Tempress, Koyothermos, Centrotherm Photovoltaics, ASM International
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Furnace Market Report Segments:
The global Vertical Furnace market is segmented on the basis of:
Types
Wafer Size: 100mm-300mm, Wafer Size: 150mm-200mm, Wafer Size: 200mm-300mm
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
Advanced Packaging, Semiconductor, 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:
- ASM International
- Tempress
- Koyothermos
- Centrotherm Photovoltaics
- ASM International
Highlights of The Vertical 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:
- Wafer Size: 100mm-300mm
- Wafer Size: 150mm-200mm
- Wafer Size: 200mm-300mm
- By Application:
- Advanced Packaging
- Semiconductor
- 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 Vertical 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
- 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?
Vertical furnaces are used to produce metals, such as aluminum and steel. They use a series of tubes that heat up the metal until it reaches its molten state.
Some of the major players in the vertical furnace market are ASM International, Tempress, Koyothermos, Centrotherm Photovoltaics, ASM International.
The vertical 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 Vertical 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 Vertical Furnace Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vertical 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 Vertical 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 Vertical Furnace Market Size & Forecast, 2018-2028
4.5.1 Vertical Furnace Market Size and Y-o-Y Growth
4.5.2 Vertical Furnace Market Absolute $ Opportunity
Chapter 5 Global Vertical Furnace 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 Vertical Furnace Market Size Forecast by Type
5.2.1 Wafer Size: 100mm-300mm
5.2.2 Wafer Size: 150mm-200mm
5.2.3 Wafer Size: 200mm-300mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Vertical Furnace 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 Vertical Furnace Market Size Forecast by Applications
6.2.1 Advanced Packaging
6.2.2 Semiconductor
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vertical 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 Vertical 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 Vertical Furnace Analysis and Forecast
9.1 Introduction
9.2 North America Vertical Furnace 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 Vertical Furnace Market Size Forecast by Type
9.6.1 Wafer Size: 100mm-300mm
9.6.2 Wafer Size: 150mm-200mm
9.6.3 Wafer Size: 200mm-300mm
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 Vertical Furnace Market Size Forecast by Applications
9.10.1 Advanced Packaging
9.10.2 Semiconductor
9.10.3 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 Vertical Furnace Analysis and Forecast
10.1 Introduction
10.2 Europe Vertical Furnace 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 Vertical Furnace Market Size Forecast by Type
10.6.1 Wafer Size: 100mm-300mm
10.6.2 Wafer Size: 150mm-200mm
10.6.3 Wafer Size: 200mm-300mm
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 Vertical Furnace Market Size Forecast by Applications
10.10.1 Advanced Packaging
10.10.2 Semiconductor
10.10.3 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 Vertical Furnace Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Vertical Furnace 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 Vertical Furnace Market Size Forecast by Type
11.6.1 Wafer Size: 100mm-300mm
11.6.2 Wafer Size: 150mm-200mm
11.6.3 Wafer Size: 200mm-300mm
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 Vertical Furnace Market Size Forecast by Applications
11.10.1 Advanced Packaging
11.10.2 Semiconductor
11.10.3 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 Vertical Furnace Analysis and Forecast
12.1 Introduction
12.2 Latin America Vertical Furnace 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 Vertical Furnace Market Size Forecast by Type
12.6.1 Wafer Size: 100mm-300mm
12.6.2 Wafer Size: 150mm-200mm
12.6.3 Wafer Size: 200mm-300mm
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 Vertical Furnace Market Size Forecast by Applications
12.10.1 Advanced Packaging
12.10.2 Semiconductor
12.10.3 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) Vertical Furnace Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Vertical Furnace 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) Vertical Furnace Market Size Forecast by Type
13.6.1 Wafer Size: 100mm-300mm
13.6.2 Wafer Size: 150mm-200mm
13.6.3 Wafer Size: 200mm-300mm
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) Vertical Furnace Market Size Forecast by Applications
13.10.1 Advanced Packaging
13.10.2 Semiconductor
13.10.3 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 Vertical Furnace Market: Competitive Dashboard
14.2 Global Vertical Furnace Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASM International
14.3.2 Tempress
14.3.3 Koyothermos
14.3.4 Centrotherm Photovoltaics
14.3.5 ASM International
