High-k and ALD/CVD Metal Precursor Market to surpass $965mn by 2024: Fractovia.org
The report “High-k and ALD/CVD Metal Precursor Market Size By Technology (Memory/Capacitor, Interconnect, Gates), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, Japan, India, China, South Korea, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Application Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024”, by Global Market Insights, Inc., says that global high-k and ALD/CVD metal precursor market size is projected to exceed USD 965 million by the year 2024, with a CAGR estimation of 17.8% over 2016-2024. Global high-k and ALD/CVD metal precursor market is characterized by notable number of players offering diverse and cost-effective solutions. The ever-growing demand for highly efficient semiconductor devices will propel highk and ALD/CVD metal precursor market. Subject to the advantages of compositional control and industrial scaling, deposition processes such as metal organic chemical vapor deposition have gained traction, as opposed to the conventional physical vapor deposition techniques. This will significantly drive high-k & ALD/CVD metal precursor industry.
The Asia Pacific and BRIC nations experience an ever-growing demand for efficient semiconductors subject to the high utilization of electronic devices in the region. On account of this, China high-k & ALD/CVD metal precursor market, having accounted for more than 35% of the overall share in 2015, will experience heavy gains over 20162024. Taiwan is estimated to host the largest number of chip makers and a huge customer pool, owing to which the country is touted to be a major revenue pocket for Asia Pacific industry. U.S. high-k and ALD/CVD metal precursor market size was over USD 30 million in 2015. The regional manufacturers have scaled down wafer processing to 450 mm, which will propel U.S. microelectronics and nanotechnology industries. High demand from the aforementioned sectors and the complexities involved in manufacturing semiconductors will drive U.S. market.
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