Latest News- Chemical Mechanical Planarization (CMP) Equipment Market: Foundries is expected to lead the Application segment during 2025-2029

The Chemical Mechanical Planarization (CMP) Equipment Market is being driven by Rising adoption of CMP in semiconductor industry

The Chemical Mechanical Planarization (CMP) Equipment Market is expected to grow at a CAGR of 5.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 757.3 million. In the intricately complex world of IC fabrication, Chemical Mechanical Planarization (CMP) equipment has emerged as a vital solution for achieving the necessary precision and uniformity. With the semiconductor industry's transition to advanced technology nodes, such as 7nm, 5nm, and below, the importance of CMP becomes even more pronounced. Its ability to planarize multiple layers of materials, ensuring a smooth and even surface, is essential for the proper functionality of ICs. The increasing complexity of IC designs, with their smaller feature sizes, necessitates the use of advanced CMP techniques to maintain the required level of planarization and surface quality. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • Foundries
  • IDMs
• Type
  • 300mm
  • 200mm
  • 150mm
• Geography
  • APAC
    • China
    • India
    • Japan
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising adoption of CMP in semiconductor industry
• Increasing demand for consumer electronics and electric vehicles
• Technological advancements in CMP equipment

However, the market also witnesses some limitations, which are as follows:

• Cyclic nature of semiconductor industry
• Environmental concerns associated with production of CMP equipment
• Increasing complexity of design of CMP equipment

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Market Scope in Chemical Mechanical Planarization (CMP) Equipment Market Research Report

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Research Analysis Overview

The Chemical Mechanical Planarization (CMP) equipment market caters to the semiconductor industry, focusing on the production of electronic devices. This technology utilizes both chemical elements and mechanical movements to level the wafer surfaces of semiconductor wafers, enabling the fabrication of transistors, interconnects, and other integrated circuit components. Applications include integrated circuit fabrication for consumer electronics, electric vehicles, and advanced technologies like molded interconnect devices, MEMS, printed circuit boards, and memory disks. CMP ensures uniform surfaces and planarity levels through multi-selective removal processes, with slurry testing equipment used for quality assurance.

Market Research Overview

The global electronic equipment and instruments market, a significant segment of the larger electronics industry, encompasses organizations engaged in the production of communication equipment, technology hardware storage and peripherals, electronic devices, fabrication materials, and electronic components. This market's size is determined by the revenue generated from the sales of associated ICT and electronics products, equipment, and components. Key growth drivers for this market include the escalating demand for electronic test and measurement equipment. This demand is fueled by technological advancements and digital transformation in various sectors, such as semiconductors, automotive, information technology, consumer electronics, industrial, energy, and medical devices. Specifically, within the semiconductor industry, the need for chemical mechanical planarization (CMP) equipment is paramount for the fabrication of advanced semiconductor devices, including transistors and interconnects, in chip design for consumer electronic products, micro-electro-mechanical systems, and other applications.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/