PUBLISHER: Allied Market Research | PRODUCT CODE: 1239520
PUBLISHER: Allied Market Research | PRODUCT CODE: 1239520
The global thin wafer processing and dicing equipment market was valued at $643.78 million in 2021, and is projected to reach $1,196.49 million by 2031, registering a CAGR of 6.67% from 2022 to 2031.
A wafer is a thin slice of semiconductor material and dicing is the process which is used to cut or groove semiconductors, glass crystal and many other types of materials. Instrument used during this process is known as dicing equipment. Wafer dicing is the process of separating the dies from a semiconductor wafer after the wafer has been processed. The need for miniaturization towards small, powerful, and inexpensive device configurations has created the need for thin wafers. Most of these have reached 100 µm or even less than 50 µm for applications such as memory and power devices. Wafers below 390 µm are considered thin wafers. These thin wafers are expected to be in high demand for applications in Radio Frequency Identification (RFID), Micro Electro Mechanical Systems (MEMS), and power devices.
The thin wafer processing and dicing equipment market is segmented on the basis of equipment type, application, wafer size, and region. On the basis of equipment type, the market is divided into thinning equipment and dicing equipment. On the basis of application, it is divided into memory and logic Through Silicon Via (TSV), Micro Electro Mechanical Systems (MEMS) devices, power devices, CMOS image sensors, and Radio Frequency Identification (RFID). On the basis of wafer size, the market is divided into less than 4-inch, 5-inch and 6-inch, 8-inch, and 12-inch. Region-wise, thin wafer processing and dicing equipment market trends are analyzed across North America (U.S., Canada, and Mexico), Europe (UK, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and rest of Asia-Pacific) and LAMEA (Latin America, the Middle East, and Africa).
The key thin wafer processing and dicing equipment market leaders profiled in the report include Suzhou Delphi Laser Co. Ltd., Synova, UTAC Holding, Ltd., Plasma-Therm, Disco Corporation, Neon Tech Co. Ltd., Panasonic System Solutions, EV Group (EVG), Lam Research Corporation, SPTS Technologies Ltd. These key players adopt several strategies such as new product launch and development, acquisition, partnership and collaboration and business expansion to increase the thin wafer processing and dicing equipment market share during the forecast period.