Growing demand for semiconductor devices, rising adoption of flat panel displays and surging volume of connected devices to drive global RF plasma generator market through 2023
According to TechSci Research report, “Global RF Plasma Generator Market By Frequency, By Application, By Region, Competition Forecast & Opportunities, 2023”, the global RF plasma generator market is projected to grow at a CAGR of 22% during 2018 – 2023, owing to surging demand for consumer electronics, such as smartphones, televisions, etc., and semiconductor devices like microchips, transistors, etc. Moreover, rising adoption of Light Emitting Diodes (LEDs), growing demand for flat panel displays and increasing volume of connected device is further pushing sales of RF plasma generators across the globe. Additionally, growth in 4K display market and development of 3D memory devices is anticipated to strengthen growth of the global RF plasma generator market during forecast period.
In 2017, 13.56MHz frequency RF plasma generators captured the lion’s share in global RF plasma generator market due to their high adoption in manufacturing industries, including semiconductor, industrial equipment, photovoltaics, etc., across a range of applications like Plasma-enhanced Chemical Vapor Deposition (PECVD), Chemical Vapor Deposition (CVD), surface etching, etc. In terms of broader application area, semiconductors are leading the global RF plasma generator market and the same trend is expected to continue over the next five years as well owing to growing focus towards developing Internet of things (IoT) ecosystem and smart manufacturing along with rising demand for System-on-a-Chip (SoC), across the globe. Advanced Energy Industries, Inc., MKS Instruments, Inc., TRUMPF GmbH + Co. KG, New Power Plasma Co. Ltd., DAIHEN Corporation, Comet AG, ADTEC Plasma Technology Co. Ltd., Kyosan Electric Manufacturing Co. Ltd., etc., are some of the major companies operating in the global RF plasma generator market.
“Surging popularity of smart lighting and smart manufacturing is pushing demand for RF plasma generators across the globe. Moreover, rising popularity of IoT coupled with increasing investments in manufacturing of solar products to reduce carbon footprints is further encouraging growth of global RF plasma generator market. Additionally, growth in medical & industrial equipment is expected to further steer growth in the global RF plasma market over the coming years.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.
“Global RF Plasma Generator Market By Frequency, By Application, By Region, Competition Forecast & Opportunities, 2023” has evaluated the future growth potential of RF plasma generator market and provides statistics and information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decision. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in the global RF plasma generator market.
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