The global CMP diamond pad conditioner market is expected to reach USD 427 million by 2026, from USD 269 million in 2018 at CAGR of 6.2%. Semiconductors are used almost in all electronic industries.- be it mobile manufacturing, gaming industry, Television industry, computer industry among many others. The growth of the market is attributed to the rising demand for electronics products and the evolution of IoT, Industry 4.0, Big Data, and Artificial Intelligence.
Advanced semiconductors require next-generation CMP diamond pad conditioners to perform critical functions. They need to have flexibility and stability in performance to create consistent and advanced final products. The demand for advanced substrate technology that ensures consistent wafer removal rate, improved disk to disk uniformity along with increased lifespan of the pad conditioner have lead to a boost in the market for CMP diamond pad conditioners.
Winning the Race to 5G Requires Ramping Up of Research and Development in the Semiconductor Industry.
With countires in the race to become the global leader in the 5g wireless technology market, there have been emormous investments in Research and development. At the heart of all 5G network innovations are semiconductors, that help power our cars, phones, and other connected devices. This has led to a demand in the semiconductor industry and boosted the market for CMP diamond pad conditioners to manufacture cutting edge semiconductor wafers.
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Trade war between two economic powerhouses is expected to hamper the market growth to some extent. For a couple of years, the U.S. and China have been in conflict and are engaged in imposing heavy duties on each other’s products. This trade war has shifted to the supply chain, equities, and adversely affected the global economy. Futhermore, Chinese government has launched ‘Made in China’ program and highlighted semiconductors as one of the important markets to be developed. It has also announced several tax benefits for the local semiconductor manufacturing companies. This has led to the higher finish product cost for the U.S. companies operating in the Chinese semiconductor market due to subsidies given by the government. Chinese giants like Xiaomi and Alibaba announced their ambitious plans for developing their own AI processor which has created a positive investment climate for semiconductors.
CMP Diamond Pad Conditioner Market Segmentation
By Sample Type
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* Explorable Revenue Sources
* Customer Behaviour Analysis
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* Customized Geographical Data Based on Customers as well as Competitors
* Analysis of Market Size and CAGR between the Forecast PeriodsView Full Report Buy This Report Now