LOS ANGELES, Jan. 21, 2019 (GLOBE NEWSWIRE) -- In its new report, QY Research predicts the global ellipsometer market to expand at a moderate CAGR of 5.5% during the forecast period 2018-2025. Carrying the title “Global Ellipsometer Market Research Report 2018,” the report includes a forecast where the market value is projected to touch an over US$ 85 Mn by the end of 2025.
The global ellipsometer industry shows high concentration and mature development. During the past five years, the demand for ellipsometer has grown relatively strong with little fluctuation.
Global Ellipsometer Market : Drivers
Growing interest in ellipsometry due to the need to measure nanometer-scale layers used in microelectronics is envisaged to augment the demand in the global ellipsometer industry. On the other hand, the wide range of applications of ellipsometry is anticipated to set the tone for valuable growth of the global ellipsometer market.
The use of ellipsometer is prognosticated to improve with the application of ellipsometry in basic research in optical coating, biosensor, communication, flat panel display, semiconductor and data storage solutions, and physical sciences industries. The extensive use of ellipsometry is because of its flexibility to measure most types of materials such as dielectrics and increased dependence on thin films in several fields.
Photo elastic modulator (PEM) spectroscopic ellipsometry (PEMSE) has different advantages such as high sensitivity to ultra-thin films and at small retardations, higher measurement stability, and faster measurement speed. Its increasing use is expected to stoke the demand in the global market.
Global Ellipsometer Market: Forecast by Type and Application
On the basis of type, the global ellipsometer market sees a classification into spectroscopic and laser ellipsometers.
By application, the market is classified into photovoltaics and solar cells, academia and labs, semiconductors and electronics, and others.
The report studies all of these segments in great detail on the basis of different factors such as share, price, and revenue.
Global Ellipsometer Market: Forecast by Region
The report sheds light on the market growth in different regions and countries: India, Southeast Asia, Japan, China, Europe, and North America.
According to the analysts authoring the report, China, Europe, Japan, and the U.S. are the major markets for ellipsometer that collect a colossal aggregate share of the global market in terms of consumption. Emerging markets such as Southeast Asia, India, and China are prophesied to augment the demand for ellipsometer in the near future.
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Global Ellipsometer Market: Competitive Analysis
As analyzed, the market concentration is predicted to increase during the course of the forecast period. The global ellipsometer market is also expected to witness a higher level of competition in the coming years.
Small manufacturers, especially those offering laser ellipsometers, are foretold to gradually sift out as more number of companies expand through mergers and acquisitions.
Ellitop-Products is a dominant manufacturer operating in the China ellipsometer market. It carries a history of 10 years of professional production.
Global Ellipsometer Market: Key Players
Leading ellipsometer manufacturers covered in the report are Film Sense, Angstrom Sun Technologies, Accurion, Ellitop-Products, Holmarc Opto-Mechatronics, Sentech, Semilab, Gaertner Scientific Corporation, Horiba, and J.A. Woollam Co.
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