PUBLISHER: Grand View Research | PRODUCT CODE: 1575106
PUBLISHER: Grand View Research | PRODUCT CODE: 1575106
The global wafer vacuum assembling equipment market size was estimated at USD 2.11 billion in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2030. The demand for wafer vacuum assembling equipment is on a significant upswing, fueled by the growth in the semiconductor industry. Technological advancements, the surge in consumer electronics, and the expanding applications of semiconductors in various sectors such as automotive, healthcare, and IoT are further driving the market demand. This uptick in demand is further bolstered by the push for smaller, efficient chips and the increasing complexities involved in semiconductor manufacturing, necessitating highly precise and reliable vacuum assembly processes.
The rising demand for wafer vacuum assembling equipment is driven by the miniaturization of electronic devices, compelling chip manufacturers to pursue advancements in wafer-level packaging, where vacuum assembling plays a crucial role in ensuring the integrity and performance of ultra-thin wafers. Moreover, the rise of 5G technology and the onset of the 6G horizon are pushing the boundaries for faster, more efficient semiconductor components. This telecommunication evolution necessitates the fabrication of sophisticated chips, where vacuum assembly processes are indispensable for achieving the high precision and reliability required. Additionally, the automotive sector's swift move toward electric vehicles (EVs) and autonomous driving technology creates a new demand avenue. The semiconductors needed for these innovations must be of the highest quality, driving the need for advanced vacuum assembling equipment to produce power electronics, sensors, and control units.
Global Wafer Vacuum Assembling Equipment Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global wafer vacuum assembling equipment market report on the basis of product, application, and region: