The Europe Wafer Cleaning Equipment Market would witness market growth of 8.9% CAGR during the forecast period (2023-2030). In the year 2020, the Europe market's volume surged to 71.8 thousand units, showcasing a growth of 9.1% (2019-2022).
Micro-electro-mechanical systems are in greater demand due to their expanding use in conventional and cutting-edge applications. These applications include medical devices, communication systems, automobile sensor devices, and inertial sensing systems. The MEMS devices' small size, which makes them suitable for various applications, is a significant factor in their widespread adoption. Microsensors, microactuators, and microstructures are integrated into a silicon substrate to form MEMS devices. Depending on its intended uses, each MEMS device has different sizes, shapes, and dimensions, some of which can be as small as one micron.
Artificial intelligence has been increasingly popular in recent years across various applications. One of the main elements propelling the development of the generative AI industry is the steadily expanding demand for generative AI, which can be attributed to the rising popularity of AI-based chatbots like ChatGPT. It is anticipated that the increasing use of these AI-based chatbots will increase demand for memory and storage devices, which will improve such devices' average selling prices trends, particularly over the coming years.
Europe has a strong emphasis on semiconductor research and development. Research institutions, universities, and public-private partnerships are actively engaged in cutting-edge semiconductor research, including materials science, device physics, and process technologies. Europe fosters a vibrant technology innovation ecosystem. Start-ups and incubators focus on semiconductor-related innovations, including novel materials, packaging technologies, and semiconductor manufacturing equipment. The context and action fields for deploying 5G networks in Germany by 2025 are described in the Federal Government's 5G Strategy. All these factors will uplift the regional market’s expansion in upcoming years.
The Germany market dominated the Europe Wafer Cleaning Equipment Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $1,029.6 million by 2030. The UK market is estimated to witness a CAGR of 7.9% during (2023 - 2030). Additionally, The France market would register a CAGR of 9.7% during (2023 - 2030).
Based on Equipment Type, the market is segmented into Batch Spray Cleaning System, Batch Immersion Cleaning System, Single Wafer Cryogenic System, Single Wafer Spray System, and Scrubbers. Based on Application, the market is segmented into Memory, Interposer, MEMS, Logic, CIS, LED, RF Device and Others. Based on Wafer Size, the market is segmented into 300 mm, 200 mm and Less than Equals 150 mm. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Wafer Cleaning Equipment Market is Projected to reach USD 18.2 Billion by 2030, at a CAGR of 9.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Tokyo Electron Ltd., SCREEN Holdings Co., Ltd., Applied Materials, Inc., Lam Research Corporation, Veeco Instruments, Inc., Axus Technology, Entegris, Inc. (Sumitomo Mitsui Financial Group), SEMES Co., Ltd. (Samsung Electronics Co., Ltd), Ultron Systems, Inc., and Toho Technology Co., Ltd.
By Equipment Type (Volume, Thousand units, USD Million, 2019-2030)
By Application (Volume, Thousand units, USD Million, 2019-2030)
By Wafer Size (Volume, Thousand units, USD Million, 2019-2030)
By Country (Volume, Thousand Units, USD Million, 2019-2030)
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