Etching Machine: Introduction
An etching machine is used to remove layers or to change the surface of an object and to create a permanent etched image on the surface by using laser, chemicals or acid, electric current, plasma, etc.
Etching machines are used in electronic components, integrated circuits, plastic packaging, and mobile communications. Etching machines are used in different sectors to mark component labeling, barcodes, serial numbers, date codes, and individual part numbers.
The global etching machine market is projected to expand at a rapid pace during the forecast period, due to increasing demand for etching machines from the semiconductors sector.
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etching machine market
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Global Etching Machine Market: Dynamics
Global Etching Machine Market: Key Drivers
Rise in demand for electronics products among consumer generates the demand for chips, which is indirectly expected to increase the demand for etching machines during the forecast period.
Shift from manual etching machines to automated etching machines by end-users is anticipated to propel the etching machine market in the next few years.
Stringent government regulations regarding workplace safety is anticipated to boost the demand for etching machines in end-use industries during the forecast period
Growing demand for hybrid circuits among medical, military, photonics, and wireless electronics applications is expected to boost the demand for etching machines.
Increasing demand to reduce operation time and increase production capacity, and rising need to improve the reliability and stability of machinery at different locations are some of the major factors projected to boost the global etching machine market in the next few years.
Increasing adoption of Internet of Things and the growing Internet of Things (IoT) projects is a major factor driving the usage of etching machines. This is estimated to propel the market during the forecast period.
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etching machine market 1
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Impact of COVID-19 on the Global Etching Machine Market
Increasing cases of COVID-19 across the globe is resulting in economic slowdown. The impact of COVID-19 is being absorbed in each sector of the economy, including the global semiconductor industry. However, COVID-19 does not highly affect the demand for equipment. For instance, in April 2024, Palomar Technologies announced that it is experiencing demand for manufacturing critical semiconductor components. The company saw acceleration of orders of its 3880 etching machine for remote machine equipment, medical devices, and robotics. Hence, demand for equipment has not dropped due to COVID-19. This, in turn, is projected to propel the global etching machine market in the next few years.
North America to Hold Major Share of the Global Etching Machine Market
In terms of region, the global etching machine market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and South America
North America dominated the global etching machine market in 2019, due to presence of well-established and technologically advanced manufacturers in the region. The U.S. is a key market in North America, due to increasing production of electronics in the region.
The etching machine market in Asia Pacific is projected to expand at a rapid pace during the forecast period. This can be attributed to mass production of electronic products, such as wearable devices, smartphones, and white goods, in China and Taiwan.
etching machine market 2
Global Etching Machine Market: Competition Landscape
Several local, regional, and international players are active in the etching machine market. Hence, the market is fairly fragmented and the bargaining power of suppliers is low. The degree of competition among market players is also high. Rapid technological advancements have led to opportunities in the global etching machine market. Market players are focusing on merger and acquisition activities to develop new products and improve their existing product offerings.
Key Players Operating in the Global Etching Machine Market:
Applied Materials
CVD Equipment Corporation
DISCO Corporation
Epilog Corporation
EV Group
Gravograph Limited
Hitachi High-Technologies Corporation
Kaitian Laser
Kern Laser Systems
Lam Research
Laserstar Technologies
Panasonic Corporation
Plasma Etch, Inc.
Roland Corporation
Shibaura Mechatronics Group
Sintec Optronics
Suzhou Delphi Laser Co. Ltd.
Tokyo Electron Ltd.
Trotec Laser
Universal Laser Systems
Vytek Laser Systems
Global Etching Machine Market: Research Scope
Global Etching Machine Market, by Product Type
Electrolytic
Plasma
Other
Global Etching Machine Market, by Application
Electronic Components
Integrated Circuits
Plastic Packaging
Mobile Communications
Global Etching Machine Market, by Operation
Manual
Automatic
Global Etching Machine Market, by Industry
Automotive and Transportation
Electrical and Electronics
Consumer Products (Utensils and Home Products)
Medical and Surgical Instruments
Machinery and Tools
Construction
Defense
Oil & Gas
Others
Global Etching Machine Market, by Region
North America
U.S.
Canada
Rest of North America
Europe
Germany
France
U.K.
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Heavy Engineering Equipment
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