Remote Plasma Sources Market: Snapshot
The increasing demand from the electronics sector stands as the major factor boosting the global remote plasma source market. Remote plasma source is used for energizing and dissociating gas. NF3 and other gases based out of fluorine are used for cleaning the chambers of vacuum processors. They have a high demand in the chemical industry, thus acting as another factor driving the global remote plasma sources market.
The global remote plasma sources market is segmented on the basis of end-use industries and regions. In terms of end-use industry, the market is categorized into textile industry, manufacturing, healthcare, semiconductor, and electronics industry.
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The report on the global remote plasma sources market is based on a complete analysis of the market and its growth parameters. This includes drivers, restraints, upcoming opportunities, current trends, and other aspects. The report also studies the market during the COVID-19 pandemic, its impact, and the possibility of revenue generation during the forecast period. The list of players operating in the market and the key strategies adopted by them to gain a competitive edge in the market are provided in the report.
Remote Plasma Sources Market: Competitive Landscape
Companies functioning in the global market for remote plasma sources are investing heavily in research and development of new and upgraded products to gain a competitive edge. Others are engaging in merger and acquisition, joint ventures, and other collaborative e efforts to mark their position in the top of the competition. Some of the players listed in the market for remote plasma sources include New Power Plasma, Rave Scientific, MKS Instruments, Advanced Energy, Pie Scientific LLC., Samco-ucp, Muegge, and others.
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Remote Plasma Sources Market: Recent Trends
The increasing demand from the automotive industry is a key trend in the global market for remote plasma sources. This is owing to the rising popularity of lightweight and electrical vehicles and the increasing demand for semiconductor devices in automobiles. There is ample demand from the textile industry from the last couple of years which is further expected to add in favor of the remote plasma sources market during the forecast period.
Remote plasma is also used for removing the last layer of impurities from any surface and clean it at a molecular level. The excellent contamination removal from semiconductor machines such as XPS, chamber cleaning, electron microscopes, and others is expected to help the market gain significant revenue in the coming years.
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Remote Plasma Sources Market: Regional Segmentation
With respect to regional segmentation, the global market for remote plasma sources is widespread into the regions of Europe, Asia Pacific, North America, Latin America, and the Middle East and Africa. These regions are further classified on the basis of nations. Out of all these, North America is holding the highest remote plasma sources market share with U.S. on the lead. This is owing to the presence of large semiconductor industry that the market in North America will continue dominating the market in the forecast period as well. Europe market will also exhibit significant growth rate between 2020-2030 on account of the increasing demand from automotive and electronics sectors respectively.
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On the other side, the market in Asia Pacific is expected to generate significant revenues for the global remote plasma sources market. Major contributors of this region include China, Taiwan, Japan, and Korea as they have large manufacturing base for electronics and automotive sectors. Among these, South Korea is leading the market on account of the high sale of semiconductor manufacturing equipment.
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