According to the research report titled ‘Global Semiconductor Process Control Equipment Market (2021 Edition) - Analysis By Type, Application, By Region, By Country: Market Insights and Forecast with Impact of Covid-19 (2021-2026)’, available with MarketStudyReport, global semiconductor process control equipment market was worth USD 6402.72 million in 2020 and is anticipated to garner profitable returns by the year 2026.
 

Rising demand for accurate semiconductor equipment due to increase in defected ones, and surging demand for miniaturization of ICs are the major growth determinants for global semiconductor process control equipment market.
 

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Moreover, growing demand for advanced consumer electronics, are developing technology migration in hardware are posed to drive the industry outlook in the near future.
 

On the basis of type, the marketplace is branched into Inspection equipment, process control software, and metrology equipment. Among these, inspection equipment segment holds significant market share at present and is anticipated to grow rapidly during the analysis timeframe, owing to rising demand for advanced semiconductor equipment, and widespread usage inspection systems for ensuring defect-less equipment.
 

In terms of application spectrum, global semiconductor process control equipment market is divided into foundries, IDMS, and memory manufacturers. Among these, foundries segment holds a major share in the industry and is poised to grow substantially through 202, on account of technological advancements in semiconductor manufacturing processes.
 

Considering the regional landscape, Asia Pacific marketplace is predicted to gain traction during the forecast period, due to increasing electronics manufacturing as well as rising number of semiconductor manufacturers in the region.
 

The key players in worldwide semiconductor process control equipment market are Thermo Fisher Scientific Inc., Toray Engineering Co., Ltd., Onto Innovation Inc., Nova Ltd., ASML Holding N.V., Lasertec Corporation, Carl Zeiss AG, KLA Corporation, Hitachi High-Tech Group, and Applied Materials Inc.