The Etching Machine Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Etching Machine Global Market Report 2024, The etching machine market size has grown rapidly in recent years. It will grow from $10.15 billion in 2023 to $11.44 billion in 2024 at a compound annual growth rate (CAGR) of 12.7%. The growth in the historic period can be attributed to growth in electronics manufacturing, expansion of semiconductor industry, increase in demand for precision components, growing importance of training and support services. The etching machine market size is expected to see rapid growth in the next few years. It will grow to $17.54 billion in 2028 at a compound annual growth rate (CAGR) of 11.3%.
The growing demand for electronic components is expected to drive the expansion of the etching machine market in the foreseeable future. Electronic components play a crucial role in various electronic devices and systems, regulating the flow of electrons within circuits. Etching machines, particularly those utilizing laser technology, are integral to the manufacturing process of customized printed circuit boards (PCBs) used in electronic devices. These machines enable precise customization and production of PCBs, facilitating the integration of electronic components into consumer electronics and other electronic systems. For example, data from the Electronic Components Industry Association (ECIA) indicates a positive sales sentiment in February 2022, with actual overall sales surpassing expectations. This underscores the robust demand for electronic components in the market. Therefore, the increasing demand for electronic components is driving the growth of the etching machine market, particularly those employing laser etching technology.
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The etching machine market covered in this report is segmented –
1) By Product Type: Electrolytic, Plasma, Other Product Types
2) By Operation: Manual, Automatic
3) By Technology: Wet Etching, Dry Etching
4) By Application: Electronic Components, Integrated Circuits, Plastic Packaging, Mobile Communications, Others Applications
5) By Industry: Automotive And Transportation, Electrical and Electronics, Consumer Products, Medical And Surgical Instruments, Machinery And Tools, Construction, Defense, Oil And Gas, Other Industries
Top Major Players
Tokyo Electron Ltd.,
Panasonic Holdings Corporation,
Nucor Corporation,
Applied Materials Inc.,
Lam Research
The etching machine market report table of contents includes:
1. Executive Summary
- Etching Machine Market Characteristics
- Etching Machine Market Trends And Strategies
- Etching Machine Market – Macro Economic Scenario
- Global Etching Machine Market Size and Growth
- Etching Machine Market Segmentation
- Etching Machine Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Etching Machine Market
- Etching Machine Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Etching Machine Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Etching Machine Market, Segmentation By Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Etching Machine Market, Segmentation By Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 76: Panasonic Holdings Corporation Financial Performance
Table 77: Nucor Corporation Financial Performance
Table 78: Applied Materials Inc. Financial Performance
Table 79: Lam Research Financial Performance
Table 80: Tokyo Electron Ltd. Financial Performance
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