Market Trends of APAC Semiconductor Device Industry For Processing Applications
Sensors is Expected to Drive the Market
- Sensors are a crucial part of factory automation and Industry 4.0. Motion, environmental, and vibration sensors monitor equipment health, ranging from linear or angular positioning, tilt sensing, leveling, and shock to fall detection.
- Dedicated industrial motion sensors based on micromachined sensing (MEMS) elements are available for manufacturing process applications. These have a wide mechanical frequency sensing bandwidth, high reliability, and accurate operation up to 105°C.
- A high-end sensor system is often powered by a 24V DC source, which is very different from a sensor in a consumer system powered by a 3V or 5V source. As a result, high-end sensor systems require additional power management to drive the sensors effectively. These use digital outputs, such as IO-Link direct to a microcontroller or the wireless transceiver.
- Energy consumption is crucial for industrial processing sensor networks, as thousands of sensor nodes and their wireless transceivers consume significant power. Multiple wireless routing protocols consume less energy, mainly through lower-duty cycles. Higher power is sometimes needed in heavy-duty applications to overcome interference and ensure reliable data acquisition and network reliability.
- In January 2022, Superior Sensor Technology announced the addition of two new pressure sensor families as an extension to its ND series. These new devices enable manufacturers to develop more stable and accurate products cost-effectively for several processing equipment applications operating at low to mid-pressure ranges.
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China is Expected to Hold Significant Market Share
- Several initiatives have been taken in recent years to boost the industry's growth. For instance, the Chinese government announced plans to expand the domestic market for electronic components to CNY 2.1 trillion (USD 327 billion) by 2023. The plan covers components, materials, manufacturing equipment used in connected factories, process automation robotics, etc. Specifically, the Chinese government is looking to increase the output of semiconductors, sensors, magnets, fiber-optic equipment, and software, among others. Such initiatives create a positive growth outlook for the studied market.
- In June 2022, Hong Kong-based HG Semiconductor Ltd entered into a framework agreement with China Titans Energy Technology Group Co Ltd to commence three-year strategic cooperation on GaN-based fast-charging pile (station) technology promotion and product sales in mainland China and Hong Kong. HG Semiconductor designs and manufactures LED beads, gallium nitride (GaN) chips, and GaN components, focusing mainly on China.
- Additionally, in February 2022, AXT, Inc. reported expanding operations at its Beijing facility and investing in raw material extraction facilities, strengthening its position as a significant worldwide provider of semiconductor substrates.
- Several regional companies have received robust funding to advance their design and development of semiconductors device for processing applications. According to a report by SEMI, Chinese chipmakers were projected to commence operations on 18 projects in 2024, buoyed by government funding and incentives, aiming to bolster their global chip production share.
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