Market Trends of Europe Semiconductor Etch Equipment Industry
This section covers the major market trends shaping the Europe Semiconductor Etch Equipment Market according to our research experts:
The Governments and EU Chips Act strategies for the manufacturing of in-house semiconductors and peripheral products to avoid the global supply chain gap is driving the market.
- The European Chips Act intends to boost Europe's competitiveness and resilience in semiconductor technologies and applications and facilitate the region's digital and green transformation. To have sustainable growth in the region, the EU has planned a blueprint to develop the whole value chain in the region, including the semiconductor etch equipment manufacturer. Many countries in the region have started working on the strategy; for instance, the government of the United Kingdom is seeking industry feedback on the condition of the domestic semiconductor industry and its ability to provide chips.
- The Economy Minister of Germany has stated that Germany is willing to invest EUR 3 billion in the initiative "Important Projects of Common European Interest," which is the EU's key subsidy tool to stimulate investment and reduce dependence on imports. The German government intends to invest the money to establish new semiconductor manufacturing plants. This investment is primarily focused on decreasing the dependency on semiconductor imports for future semiconductor needs.
- Universities, governments, and companies are working collaboratively to develop new etching technology for semiconductors in the region. For instance, The Wales Government has funded a project led by Swansea University and involves partners to create world-leading semiconductor process technology. Some of the applications are autonomous vehicles, new clean energy devices, future mobility, artificial intelligence, advanced packaging, biosensors, and wearable sensors. SPTS Technologies (a KLA company), IQE, The Compound Semiconductor Centre (CSC), Biovici, BioMEMS, Swansea and Cardiff universities, and Integrated Compound Semiconductors Ltd are among few partners in the ASSET (Application Specific Semiconductor Etching).
- In-house manufacturing of semiconductors and allied sectors are developing in the region. Start-up funding is increasing in Europe by virtue of the supporting governmental policies. For instance, Almi Invest is putting about SEK 3 million into AlixLabs, which is working on a new way of making semiconductor components that is both cheaper and faster. AlixLabs of Lund, Sweden, has invented Atomic Layer Etch Pitch splitting, a new, revolutionary technology for manufacturing semiconductor components that removes many phases in the manufacturing process.
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The application of multi-functional advanced semiconductor chips in industrial Automations is driving the semiconductor Etch Equipment Market in the Region.
- Companies in the European region are transforming by implementing automation in their industries. In this automation process application of semiconductors is essential and thus drives the semiconductor etch equipment market in the region. Industrial alliances are trending in the EU for Semiconductor Technologies and Processors sectors.
- The alliance's goal is to identify existing gaps and technological developments needed to improve the competitiveness of enterprises and research and technology organizations working in the industry in the EU, particularly smaller European players. In a concentrated industry, this cooperation aids organizations in overcoming entrance obstacles, achieving critical mass, and reducing dependency.
- Many global semiconductor manufacturers are interested in developing highly functional industrial semiconductors in the European region because of the opportunity to become a complete solution provider to the companies in the region in their automation process. For example, Infineon Technologies announced that it plans to start manufacturing at its new chip plant in Villach, Austria, where it also maintains its power semiconductor competence center. The business developed power semiconductor manufacture on 300mm thin wafers here and later expanded into fully automated high-volume production in Dresden, Germany. For this manufacturing unit, etching equipment would be required, directly or indirectly increasing the European Semiconductor Etch Equipment market.
- Semiconductors with emerging technology functionality are the building blocks of Industrial Automation. The region is gearing up with huge investment in manufacturing high-tech semiconductor manufacturing units. For example, Bosch, a German engineering and technology firm, has completed a new semiconductor plant in Dresden fully networked with 5G mobile technology. Bosch had put roughly EURO 1 billion into the high-tech facility, making it the company's most significant single investment in its 130-year history. Requirement for various semiconductor etching equipment is essential for manufacturing the semiconductor chips.
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