Global resist processing equipment market size was US$ XX Bn in 2019 and is expected to reach US$ XX Bn by 2027, at a CAGR of 6% during the forecast period.
Global Resist Processing Equipment Market
The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Market Definition
Resist or photoresist is a fundamental light sensitive material which is composed of a solvent, a sensitizer and a polymer. This material is used in various processes such as in photoengraving and photolithography, to form a coating or covering on a surface.
Market Dynamics
A surge in the adoption of resist processing technology in various micro and nanotechnology products and application such as photonics, MEMS, advanced packaging, sensors, MOEMS, RF devices, micro fluidics and many others is the major driving factor behind the growth of the market. An increasing importance of resist processing equipment in electronics industry, growing demand for resist processing technology and equipment in microelectronics, printed circuit boards, micro contact printing and in etching and patterning of substrate application are expected to improve the growth of the market during the forecast period.
However, high costs of resist processing equipment is the major restraining factors that could hamper the growth of the market.
Global Resist Processing Equipment Market: Segmentation Analysis
By coating, spin coating segment dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. Spin coating technology is a worldwide accepted resist processing technology for various applications. Spin coaters are designed and manufactured to control crucial process parameters such as precise positioning and acceleration to guarantee accurate resist dispensing process control. A surge in the adoption of spin coating technology for semiconductor wafer applications is attributed to the growth of the market. However, spray coating segment is projected to witness fast growth at a CAGR of XX% during the forecast period. A rising adoption of spray coating technology to overcome downsides of spin coating technology such as low material consumption is impelling the growth of the market.
By application, the printed circuit board segment dominated the market in 2019 and is projected to witness fast growth at a CAGR of XX% during the forecast period. The manufacturing of printed circuit boards (PCBs) is the most significant application of resist processing. Increasing demand for PCBs in all electronic products such as in computers, laptops, medical devices, scanning devices and many other electronic hardware is making more demand for resist processing equipments for PCB application.
Global Resist Processing Equipment Market: Regional Analysis
Region-wise, North America dominated the market in 2019 and is expected to maintain its dominance at a CAGR of XX% during the forecast period. The US and Canada are the major contributors behind the growth of the market in the region. The growth is attributed to the growing technological advancements and early adoption of such advanced technologies.
Rising research and development activities in the field of photolithography, micro and nano technology, ongoing advancements in micro electro-mechanical systems and growing market for applications such as Internet of Things (IoT) sensors are driving the growth of the market in NA region.
Global Resist Processing Equipment Market: Key Development
• In March 2019, EV Group (EVG) and Panasonic Smart Factory Solutions have teamed up to provide a new resist processing solution for plasma dicing application.
• In Nov 2019, EV Group (EVG) has announced its partnership with DELO, to expand materials and process capabilities.
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The objective of the report is to present a comprehensive analysis of the Global Resist Processing Equipment Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Resist Processing Equipment Market dynamics, structure by analyzing the market segments and projects the Global Resist Processing Equipment Market. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Resist Processing Equipment Market make the report investor’s guide.
The Scope of Global Resist Processing Equipment Market
Global Resist Processing Equipment Market, By Operation Type
• Manual
• Automatic
• Semiautomatic
Global Resist Processing Equipment Market, By Coating
• Spin Coating
• Spray Coating
Global Resist Processing Equipment Market, By Application
• Micro Electromechanical Systems
• Printed Circuit Board
• Micro Contact Printing
• Silicon Wafers
• Others
Global Resist Processing Equipment Market, By Region
• North America
US
Canada
• Europe
UK
France
Germany
Italy
Spain
Norway
Russia
• Asia Pacific
China
India
Japan
South Korea
Australia
Malaysia
Indonesia
• South America
Brazil
Mexico
Argentina
• Middle East and Africa
Global Resist Processing Equipment Market, Key Players
• EV Group
• V3 Corporation Ltd
• MicroChem Corp
• Crystec Technology Trading GmbH
• Spintrac Systems, Inc
• FUJIFILM Holdings America Corporation
• Sumitomo Chemical Co., Ltd
• Litho Tech Japan Corporation
• Panasonic Smart Factory Solutions Co., Ltd.
• El Camino Technologies Pvt Ltd
• Modutek.com
• Tokyo Ohka Kogyo Co., Ltd
• JSR Corporation
• DuPont
• Shin-Etsu Chemical Co., Ltd
• ALLRESIST
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