Plasma Etching Equipment Market is predicted to reach at a CAGR of 7.2% during the forecast period 2024-2032

Market Research Future (MRFR) has published on the “Global Plasma Etching Equipment Market”.

The plasma etching equipment market is estimated to register a CAGR of 7.2% during the forecast period of 2024 to 2032.

MRFR recognizes the following companies as the key players in the global plasma etching equipment market— GigaLane, LAM Research Corp, Trion Technology, SAMCO Inc., Oxford Instruments PLC, Tokyo Electron Ltd, NAURA, Plasma Etch Inc, Applied Materials Inc., SPTS Technologies.

Plasma Etching Equipment Market Highlights

The global plasma etching equipment market is accounted to register a CAGR of 7.2% during the forecast period and is estimated to reach USD 19.1 Billion by 2032.

In the upcoming years, it is projected that the market share of plasma etching equipment will expand steadily due to the development of next-generation semiconductor technology, which is supported by the growing use of this device in active process control systems. However, the application of anisotropic etching to create circuit designs in wafers and the usage of plasma isotropic etching equipment for printed circuit board manufacturing and cleaning both increase market revenue. The industry for plasma etching equipment will have new opportunities as a result of the widespread advancement of IoT applications and the integration of AI. These advancements call for the integration of tiny semiconductors in fully automated smart devices, including tablets, smartphones, and smartwatches.

Segment Analysis

The global plasma etching equipment market has been segmented into application, technology, type, and industry vertical.

On the basis of application, the market is segmented into Logic and Memory, Power Device, MEMS (Micro-Electro-Mechanical System), RFID (Radio Frequency Identification), and CMOS Image Sensors. The MEMS (Micro-Electro-Mechanical System) segment was attributed to holding the largest market share in 2022. Micro-fabrication techniques are used in these systems to integrate sensors, actuators, electronics, and mechanical components onto a single silicon substrate. The MEMS category in the plasma etching equipment market reflects the growing demand across multiple industries for small, high-performance devices.

Based on technology, the global plasma etching equipment market has been segmented into Reactive Ion Etching (RIE), Inductively Coupled Plasma Etching, and Deep Reactive Ion Etching. The Inductively Coupled Plasma Etching segment was expected to hold the largest market share in 2022. It is essential for the manufacturing of microelectronics due to its advantages, which include precise control and quick etch rates. The demand for compact and complex electronic devices, specifically in the semiconductor and microelectronics industries, is propelling the market for plasma etching equipment, especially ICP systems.

On the basis of type, the market is segmented into Barrel Type Plasma etching equipment and Planar Type Plasma etching equipment. The Barrel Type Plasma etching equipment segment was attributed to holding the largest market share in 2022. It is used to precisely remove material and pattern substrates in the fabrication of integrated circuits and other electronic devices. The barrel design, which facilitates the processing of numerous small components at once, increases productivity in the semiconductor sector.

Based on industry vertical, the global plasma etching equipment market has been segmented into Consumer Electronics, Industrial, Automotive, Healthcare, and Others. The Consumer Electronics segment was expected to hold the largest market share in 2022 due to the growing demand for precise and efficient processes in the manufacturing of semiconductors. These methods are necessary to create microelectronics, which are used in consumer electronics like tablets, smartphones, and other gadgets where intricate circuitry and miniaturization are key components.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Plasma Etching Equipment Market Research Report

Regional Analysis

The global plasma etching equipment market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe plasma etching equipment market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The plasma etching equipment market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World plasma etching equipment market comprises of Middle East, Africa, and Latin America.

The largest market share for plasma etching equipment was maintained by the North American regional sector because the area is home to some of the top semiconductor manufacturers in the world, there is a growing need for cutting-edge technology in a variety of end-user industries, the consumer electronics sector is growing rapidly, and the government has provided favorable regulations to support the local semiconductor industry.

Moreover, the Europe market has been persistently growing over the forecast period due to the proliferation of intelligent technology (IoT) devices, such as televisions, tablets, smartphones, and other gadgets. In the upcoming years, it is expected to hold a sizable share of the market for plasma etch systems due to the proliferation of semiconductor manufacturers.

Additionally, Asia Pacific is anticipated to experience the quickest growth over the forecast period primarily due to the fact that the area is home to some of the world's leading semiconductor manufacturers, the growing demand for cutting-edge technology from a variety of end-user industries, the quick development of the consumer electronics industry, and government policies that support the expansion of the semiconductor industry.

Furthermore, the rest of the world's plasma etching equipment market is divided into the Middle East, Africa, and Latin America. The use of plasma etching tools is influenced by the rising demand in these areas for electronics, semiconductor production, and research and development. Furthermore, the market is rising due to factors including increased emphasis on research and development in these areas, growing industrial infrastructure, and technological improvements.

Key Findings of the Study

• The global plasma etching equipment market is expected to reach USD 19.1 Billion by 2032, at a CAGR of 7.2% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market because of the government regulations that encourage the growth of the semiconductor sector and the presence of some of the top semiconductor manufacturers in the world in the region.


• Based on industry vertical, the consumer electronics segment was attributed to holding the largest market in 2022, with an approximate market share of 40%.


• GigaLane, LAM Research Corp, Trion Technology, SAMCO Inc., Oxford Instruments PLC, Tokyo Electron Ltd, NAURA, Plasma Etch Inc, Applied Materials Inc., SPTS Technologies.