The increasing growth of the semiconductor market globally with advancement in technology that is encouraging integrated circuit manufacturing technique.

Market Size – USD 4.1 billion in 2018, Market Growth - CAGR of 9.3%, Market Trends – Advancement in technology leading to growth in this industry.

NEW YORK, March 25, 2019 (GLOBE NEWSWIRE) -- The global Plasma Etch System market is expected to reach USD 8.7 billion by 2026, according to a new report by Reports and Data. Plasma processing done to fabricate integrated cells is known as plasma etching. It is also known as dry etching as the traditional etching is carried out by the involvement of various wet chemical acids. Plasma etching is popular among semiconductors as it uses fewer chemicals and is apt for automation and single wafer manufacturing. It does not use water while etching hence protecting water sensitive wafers from contamination.

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The market for plasma etch is mainly boosted by the semiconductor industry. The chief use of plasma in the electronic industry is in semiconductors chip manufacturing. Advancement in technology is boosting the market of integrated circuits that is, in turn, fueling the market of plasma etch. With the world looking for wireless and compact devices, manufacturers have introduced more compact, energy efficient electronic devices that have higher performance capability will instigate a need to develop miniature semiconductor integrated circuits. For manufacturing of miniature circuits, advanced fabrication is needed which in turn will boost the market of plasma etching system. With the growth in IoT applications, smart devices are increasing giving rise to miniature semiconductors thus raising the demand for plasma etching.

APAC region is projected to witness a dramatic increase in the market. It occupies a market share of 21% due to the increase in smart devices like smart phones, tablets, televisions, and other IoT devices. It is expected to dominate the market in the coming years due to the presence of large number of semiconductor manufacturers in China, Taiwan, Japan, South Korea etc.

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Further key findings from the report suggest

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For the purpose of this report, Reports and Data have segmented global Plasma Etch System market on the basis of cable type, application, and region:

Type Outlook (Revenue, USD Million; 2018-2026)

Application Outlook (Revenue, USD Million; 2018-2026)

Regional Outlook (Revenue, USD Million; 2018-2026)

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