Evolving circuit miniaturization technologies and improvement in the higher volume manufacturing have boosted the nanoelectronics material and equipment market. The increased use of nanoelectronics devices in carbon nanotube backlights, field emission display, and transmission film are expected to increase the market penetration of the Nanoelectronics material and equipment market, during the forecast period. The growing use of nanoelectronics material, along with equipment for extreme ultra-violet lithography, and nano imprint is expected to lay new market opportunities in the coming years.
Based on the end –users, the global nanoelectronics material and equipment market can be segmented, as displays, semiconductors, hard-disk storage, electromechanical systems, and optoelectronics and sensors. On the basis of product, the nanoelectronics material and equipment market can be segmented, as nanomaterial, and nanotools and equipment. Nanoelectronics materials consist of carbon nanotubes, and nanoparticles. Nanoparticles include metal powders, nanoparticles for organic light-emitting diode, and solid nested nanospheres. These nanoparticles are widely used in the conductive coating, ink and for solid lubricants in the semiconductor assembly.
Fusibility of nanoelectronics in the biotechnology and pharmaceutical industry has tremendously increased over the years. This is expected to play a critical role in disease diagnosis, and drug development market, during the forecast period. The semiconductor industry has been reported as the largest end user segment of the nanoelectronics material and equipment market, in 2014. The segment is expected to retain its market dominance over the next five years, owing to the wide scale adoption of nanotechnology in hard disk drive, and display devices. Moreover, a significant growth in demand of the nanoelectronics material and equipment market is also expected from end users, such as industrial chemicals, automotive, construction materials, and sporting goods.
The nanoelectronics material and equipment market is consolidated, with majority of market share occupied by the Robert Bosch GmbH, Koninklijke Philips N.V, Intel Corporation, Siemens AG, and Infineon Technologies AG. The nanoelectronics material and equipment industry poses high barrier for entry, due to high intellectual proprietary and high proprietary learning curve. Moreover, startup companies will also lag access to distribution, as these are highly sophisticated technologies.
News Courtesy: P&S Market Research