LONDON--(BUSINESS WIRE)--Technavio’s latest market research report on the global wafer dicing saws market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.
This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
The top three emerging market trends driving the global wafer dicing saws market according to Technavio research analysts are:
- Growth of AI
- Increase in wafer size
- Growth of smart cities
Looking for more information on this market? Request a free sample report
Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.
Growth of AI
Artificial intelligence (AI) is a technology that allows machines to perform tasks that require human intelligence. Machines that use AI mainly include computer systems. In 2016, many industry participants such as Amazon, Baidu, Google Facebook, IBM, NVIDIA, Tesla Motors, and Microsoft made investments in the field of AI.
Recent advances in the field of AI, such as a smaller wafer size, ULP processors, and better computing systems, are making AI a reality. Numerous companies are trying to develop AI, and for this, the focus has turned to silicon wafers. Silicon wafers are the building blocks of AI. These wafers are cut into the required size and then embedded with components that act like neurons, making this wafer a silicon brain.
“The increasing interest in AI will require many semiconductor components and ICs, leading to a surge in demand for ICs to meet the demands from this segment. These ICs will be fabricated on wafers. Therefore, the wafer dicing saws market will be positively affected as there will be a need for more efficient wafer dicing saws,” says Raghu Raj Singh, a lead analyst at Technavio for semiconductor equipment research.
Increase in wafer size
Increasing wafer size is a trend that is being witnessed in the market. An increase in the size of wafers means more dies per unit. More dies will reduce the overall cost of production, which benefits companies. This again leads to an increasing need for dicing saws, and these saws need to be efficient to ensure minimum wastage during the dicing process.
A large wafer size means that there need to be more efficient dicing saws that will provide accurate cuts, and deliver more dies per wafer. Therefore, semiconductor foundries that employ this equipment in their fabs will require more efficient technologies to dice these wafers, which augurs well for the growth of the market.
Growth of smart cities
A smart city is an urban development plan in which a city's infrastructure has been equipped with different types of information and communication technologies. The various stakeholders in a city, such as local departments information systems, libraries, schools, transportation systems, power plants, water supply networks, and waste management, are integrated with multiple information and technology solutions. Many countries have started focusing on the development of smart cities.
“There will be several devices that will need to be introduced to develop smart cities. Devices such as sensors, transducers, and electronic components extensively use silicon wafers. Even data that is obtained from cameras and sensors is stored in databases require many ICs. All these ICs need to be processed from silicon wafers. To cater to this demand for silicon wafers, the market will witness an escalation in demand for dicing saws,” says Raghu.
Browse Related Reports:
- Global Contact Probers Market 2017-2021
- Global Semiconductor Foundry Market 2017-2021
- Global Fiberscope Market 2017-2021
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team at email@example.com.