PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550664
PUBLISHER: Coherent Market Insights | PRODUCT CODE: 1550664
Global electrostatic chucks market is estimated to be valued at USD 132.4 Mn in 2024 and is expected to reach USD 187.2 Mn by 2031, exhibiting a compound annual growth rate (CAGR) of 5.1% from 2024 to 2031
Report Coverage | Report Details | ||
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Base Year: | 2023 | Market Size in 2024: | US$ 132.4 Mn |
Historical Data for: | 2019 to 2023 | Forecast Period: | 2024 to 2031 |
Forecast Period 2024 to 2031 CAGR: | 5.10% | 2031 Value Projection: | US$ 187.2 Mn |
Global electrostatic chucks market growth is driven by its wide range of applications in manufacturing electronic components and devices. An electrostatic chuck is a device that utilizes the electrostatic force to secure semiconductor wafers and other components during the fabrication process. It helps to improve wafer handling efficiency and reduces mechanical wear caused due to friction. Increasing adoption of electrostatic chucks across various industries including semiconductor, flat panel display, solar, and medical can drive the market growth. Growing demand for miniaturized electronic devices along with advancement in electrostatic chuck technology can drive the market growth in the near future.
Global electrostatic chucks market growth is driven by factors such as growing electronics production, increasing demand for semiconductors from various end-use industries, and advancement in wafer processing technology. However, high ownership and maintenance costs associated with electrostatic chucks can hamper the market growth. Rising number of foundry and IDM investments in developed countries and growing automotive and consumer electronics industries in developing nations can offer opportunities for market players during the forecast period. The development of new materials for advanced electrostatic chucks and growing trend of precision manufacturing using nanotechnology can drive the market growth.
This report provides in-depth analysis of the global electrostatic chucks market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2024-2031), considering 2023 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global electrostatic chucks market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include Applied Materials, Beijing U-PRECISION TECH CO., LTD., Calitech, Creative Technology Corporation, Entegris, Kyocera, Lam Research, NGK Insulators, Ltd., NTK CERATEC, SHINKO ELECTRIC INDUSTRIES CO., LTD., Sumitomo Osaka Cement Co., Ltd., TOTO Ltd., Tsukuba Seiko, II-VI M Cubed, AKE Environmental Technologies
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
Global electrostatic chucks market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electrostatic chucks market
Detailed Segmentation-