Global Ion Beam Technology Market
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- Published date: October 23, 2019
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- Pune, Pune, Maharashtra, India
Global Ion Beam Technology Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of XX% during forecast period.
The global ion beam technology market has witnessed strong growth over the last few years. One of the major drivers of the ion beam technology market is the increasing demand for thinned wafers across the globe.
The increasing demand for the smaller die and thinned wafers across several sectors, particularly the smartphone and smart card industry, is the primary factor expected to fuel the demand for and innovation in thin wafer processing equipment during the forecast period.
Furthermore, the current trend of miniaturization of devices with superior performance and lower cost of configuration is also expected to boost the demand for thinned wafers, with a capacity even below 100 µm and 50 µm.
These factors are, in turn, expected to drive the demand for technologically-advanced ion beam etching equipment to achieve the desired miniaturization of semiconductor devices, thereby driving the global ion beam technology market throughout the forecast period.
According to ion beam etching systems, they continue to account for higher demand as compared to ion beam deposition systems. With potential applications in micro-electro-mechanical system (MEMS) devices and the nano-machining of magnetic transducers, ion beam etching systems have also observed higher investments and innovation.
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