The Semiconductor Metrology and Inspection Industry is expected to generate massive revenues by 2028

According to the new research report on "Semiconductor Metrology and Inspection Market Forecast to 2028 – COVID-19 Impact and Global Analysis," published by The Insight Partners, the market is expected to reach US$ 8,288.55 million by 2028, registering a CAGR of 6.6% from 2022 to 2028.

The end-user industries of semiconductors, such as electric/electronics and automobiles, experienced a weak demand. The region is experiencing a shortage of semiconductors since 2021. The governments are planning to invest in the production of semiconductors in the region to overcome this shortage. With the semiconductor companies investing in making operations productive and efficient, the semiconductor metrology and inspection market is expected to grow during the forecast period.

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During the COVID-19 pandemic, the European semiconductor industry was severely hit and experienced a decline in overall business due to severe supply chain disruption caused by imposed lockdowns. The region later set a goal to increase semiconductor production by 20%. Due to semiconductors shortage in the region during the pandemic, the European Union (EU) planned to take necessary measures to prevent the members from such a crisis again. In March 2022, the EU proposed to invest over US$ 96.4 billion in the semiconductor industry to reduce the EU members' dependence on the US and Asia. This will encourage the production of semiconductor products in the region and further drive the semiconductor metrology and inspection market growth in the coming years. The EU plans to fulfill this investment by 2030.

The semiconductor metrology and inspection market are segmented on the basis of type, technology and organization size. Based on type, the market is segmented into wafer inspection system, mask inspection system, and thin film metrology. By technology, the semiconductor metrology and inspection market are bifurcated into optical and e-beam. Based on organization size, the market is bifurcated into large enterprises and SMEs.

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