Global process control market size was worth USD 7520.11 million in the year 2020 and is slated to swell dramatically during 2021-2026.

Industry Snapshot:

• Rising demand for wafer fabrication equipment memory devices like dynamic random-access memory (DRAM) & 3D NAND is a crucial growth catalyst.
• Soaring consumption of electronic components in automobiles for safety, navigation, & other infotainment features is further accelerating the industry development.
• Growing integration of technologies like Internet of Things (IoT) in the fabrication process may bolster worldwide process control market expansion during 2021-2026.
• Inability of existing inspection systems to detect wafer fab equipment with new introduced multi-layered wiring and planarization manufacturing process will hinder the industry outlook in the coming years. 

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Segmental Overview:

Process Type	Inspection & Defect Review
	Metrology
	Others
Application Scope	Wafers
	Photomasks
	Others
Regions	Americas
	Europe
	Asia Pacific

 

Window to the future:

• The inspection & defect review process segment is anticipated to register decent growth during the forecast period, due to the ability of this process to detect areas of potential defects.
• The wafers application vertical is estimated to record substantial growth during the analysis period.
• Asia Pacific process control market is poised to observe notable expansion during the assessment timeframe, given the advancements in the production of wafer fab equipment, and the huge concentration of original design manufacturers (ODMs) & original equipment manufacturers (OEMs) across the region. 

Explainer:

Ongoing innovation activities in data centers, communications, connectivity, and automotive sectors will support the development of the business sphere during the evaluation period.

The prominent firms in the industry are Applied Materials Inc., Lasertec Corporation, Hitachi High-Tech Corporation, ASML Holdings N.V., Nova Ltd., Carl Zeiss AG, Samsung Electro-Mechanics, Ichor Systems Inc., Lam Research Corporation, KLA Corporation, Analog Devices Inc., and Onto Innovations Inc. among others.

Concluding lines:

Market research is done to enable efficient product or service placement and it usually takes days or even months for researchers to come up with reliable conclusions. MarketStudyReport offers a report titled ‘Global Process Control Market - Analysis By Process Type (Inspection and Defect Review, Metrology, Others), Application (Wafers, Photomasks, Others), By Region, By Country (2021 Edition): Market Insights and Forecast with Impact of COVID-19 (2021-2026)’ which concentrates on the predominant dynamics, impending expansion opportunities, and existing pitfalls in this sector. This report is put together with information relevant to the businesses to draft successful strategies between 2021 and 2026.