Knowledge Sourcing Intelligence announces the publication of a new analysis report on the market of “Global Wafer Handling Robots Market - Forecasted from 2019 to 2026”.
Demand for smaller and thinner wafers for a better circuit that occupies less space in the device has led in an increase in demand for wafer handling robots for improved precision and accuracy. End-users prefer thin, compact, or customized wafers that take up less space and make their devices more portable and practical. Wafers are utilized in a variety of applications, including solar cells, electronics, and electric vehicles. The installation of solar panels has increased in response to the growing demand for renewable energy which will drive the market expansion during the anticipated period.
As per the report, the Global Wafer Handling Robots Market is projected to grow at a CAGR of 7.12% to reach US$728.462 million by 2026, from US$450.124 million in 2019.
Wafer handling robots are employed for a variety of tasks in the semiconductor industry, including wafer fabrication and application. Robotic wafer handling entails slicing wafers, gently picking them up, and carefully positioning them at the desired location, all with precision and accuracy, decreasing production time and inaccuracy, speeding up the process, and optimizing output.
However, because of the high cost of these robots, the intricacy of the task, and the need for a competent labor force for smooth operations, as well as the high cost of retrofitting and maintenance, the market is limited, particularly to larger companies.
Based on component, the Global Wafer Handling Robots Market offers hardware, software, and services.
Based on type, the Global Wafer Handling Robots Market offers atmospheric as well as vacuum robots. During the anticipated time, atmospheric system handling robots will have a major proportion of the market, while vacuum system robots will rise at a significant rate.
Based on geography segmentation, the Global Wafer Handling Robots Market is segmented into Americas, Europe, and Asia Pacific regions. North America and Asia Pacific are expected to hold a considerable share of the market over the estimated period. The burgeoning manufacturing industry in Asia Pacific, as well as the availability of a cheap, skilled workforce, will fuel market growth.
As a part of the report, the major players operating in the Global Wafer Handling Robots Market, that have been covered are Brooks Automation Inc., Yaskawa Group, Kawasaki Heavy Industries Ltd., Kensington Laboratories, Milara Inc., Rorze Automation, Jel Corporation, Entegris, Milara International.
View a sample of the report or purchase the complete study https://www.knowledge-sourcing.com/report/global-wafer-handling-robots-market
This analytics report segments the Global Wafer Handling Robots Marketon the following basis