According to the 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 Market Study Report LLC, global semiconductor process control equipment market was worth USD 6402.72 million in 2020 and is slated to register notable gains during 2021-2026.
 

Increasing demand for high accuracy semiconductor equipment backed by rise in the number of faulty equipment, and rising trend of miniaturization of ICs are propelling the growth of global semiconductor process control equipment market.
 

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Additionally, consumer preference for advanced consumer electronics, and surging technology migration in hardware will further boost the industry progression.
 

Based on type, the market is split into inspection equipment, metrology equipment, and process control software. The inspection equipment segment presently captures a major market share and is anticipated to expand notably over the projected timeline, owing to rising adoption of highly advanced semiconductor equipment.
 

By application, the industry is fragmented into memory manufacturers, IDMS, and foundries. Among these, the foundries segment accounted for a significant market share in the past year and is slated to develop considerably during the forecast period, owing to incorporation of technological advancements in semiconductor manufacturing process, and escalating demand for ICs.
 

From geographical point of reference, America, Asia Pacific, and Europe are considered to understand the dynamics of global semiconductor process control equipment industry.
 

Among these, Asia Pacific market is expected to witness rapid augmentation during 2021-2026. Increase in the number of semiconductor manufacturers in the region, along with high demand for consumer electronics will positively sway the business dynamics in the ensuing years.
 

Major players like Thermo Fisher Scientific, Inc., Toray Engineering Co., Ltd., Onto Innovation, Inc., Nova Measuring Instruments, Ltd., ASML Holding N.V., Lasertec Corporation, Carl Zeiss AG, KLA Corporation,  Hitachi High-Technologies Corporation, and Applied Materials, Inc. are profiled in worldwide semiconductor process control equipment market report.