LONDON--(BUSINESS WIRE)--The global ion implanter market is expected to post a CAGR of over 4% during the period 2020-2024, according to the latest market research report by Technavio. Request a free sample report
The integration of ICs in automobiles has increased considerably in the recent years. This increasing adoption of ICs is mainly fuelled by the increase in the customer demand for safety, driver assistance, powertrain control, and infotainment systems. In addition, autonomous vehicles are increasingly incorporating several electronic systems requiring automotive ICs such as microcontroller units, microprocessor units, memory devices, and power management ICs. Stringent vehicle safety regulations across the globe are also expected to compel automotive OEMs to integrate advanced electronics in their vehicles to ensure driver safety. Thus, the growing demand for automotive ICs will drive the production of epitaxial wafers, which, in turn, will boost the demand for ion implanters during the forecast period.
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As per Technavio, growing market for carbon nanotubes will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2020-2024.
Global Ion Implanter Market: Growing Market for Carbon Nanotubes
Carbon nanotubes have cylindrical structures of carbon atoms with strong chemical bonds that makes them comparatively stronger than steel or other industrial fibers. Carbon nanotubes are also increasingly being used in applications that require high durability, electrical conductivity, and thermal conductivity. This growing use of carbon nanotubes will drive the demand for ion implanters since they are used during the manufacture of carbon nanotubes. Thus, the increasing deployment of carbon nanotubes as composites in structural materials, sports equipment, aerospace components, automotive parts and others will further drive the ion implanter market growth during the forecast period.
“Increasing investments in fabrication facilities, growing demand for LEDs, , and rising product launches are few other factors that will further boost the ion implanter market growth during the forecast period,” says a senior analyst at Technavio.
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Global Ion Implanter Market: Segmentation Analysis
This market report segments the global ion implanter market by technology (high-current implanter, medium-current implanter, and high-energy implanter) and geography (APAC, Europe, MEA, North America, and South America)
APAC led the ion implanter market share in 2019, followed by North America, Europe, South America, and MEA respectively. This is due to the high concentration of foundries, semiconductor wafer manufacturers, semiconductor memory device manufacturers, and inspection data management system manufacturers in the region. Furthermore, high vendor penetration in economies including China, Japan, Taiwan, and South Korea has driven the sale of IC based consumer electronics such as smartphones, tablets, and household devices. This will lead APAC to contribute the highest incremental growth during the forecast period.
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Some of the key topics covered in the report include:
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- Market definition
- Market size and forecast
Five Forces Analysis
- Geographic comparison
- Key leading countries
- Landscape disruption
- Competitive scenario
- Vendors covered
- Vendor classification
- Market positioning of vendors
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