Front End of the Line Semiconductor Equipment Market Growth Segment and Analysis to 2020

Technavio Announces the Publication of its Research Report Global Front-End-Of-The-Line (FEOL) Semiconductor Equipment Market 2016-2020

Technavio recognizes the following companies as the key players in the global front-end-of-the-line (FEOL) semiconductor equipment market: Applied Materials, ASML, KLA-Tencor, Lam Research, and Tokyo Electron

Other Prominent Vendors in the market are: Dainippon Screen Manufacturing, Hitachi High-Technologies, Nikon, and Hitachi Kokusai Electric

Browse full report with TOC@ https://marketreportscenter.com/reports/374140/global-front-end-of-the-line-semiconductor-equipment-market-2016-2020

Commenting on the report, an analyst from Technavios team said that proliferation of automotive electronics is one of the trends spurring growth for the market. The automotive market is going through a lot of changes with electronics such as advanced driver assistance systems (ADAS), connected vehicles, and electric energy, having good growth potential. In the future, most of the automobile buying decisions will be made based on the electronics content of the vehicles and the associated services. In 2015, 70 million units of cars were sold globally, and 73.54 million units will be sold in 2016. The semiconductor content will increase in vehicles during the forecast period.

According to the report, increase in number of fabs worldwide is a key driver aiding to the growth of this market. Financial services are one of the most data-intensive industries. The semiconductor market will see a high demand for semiconductor chips and memory devices from 2017 onward due to the growing adoption of IoT, high demand for connected devices, and increased vehicle automation. Semiconductor device manufacturers are increasing their capital spending by expanding their production facilities or constructing new fabs. The majority of the investment for new facilities will be for the development of memory and logic ICs due to their high demand.

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