Semiconductor ICP-MS Systems Market size is estimated at USD 190.1 million in 2024 and is set to exceed USD 329.9 million by the end of 2037, registering over 4.7% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of semiconductor ICP-MS systems is evaluated at USD 199.1 million.
The semiconductor ICP-MS systems market is primarily expanding due to the surging demand for semiconductors across diverse industries and technological advancements in semiconductor manufacturing. According to the Semiconductor Industry Association (SIA), sales of semiconductors worldwide in the second quarter of 2024 reached USD 149.9 billion, up 18.3% from the same period in 2023 and 6.5% over the same period in 2024.
Technological improvements in semiconductor manufacturing, including smaller feature sizes, innovative materials and topologies, precise process control, and defect identification, drive demand for semiconductor ICP-MS systems. These developments require appropriate material analysis and characterization. Monitoring of trace elements and pollutants, as well as compliance with environmental requirements, ICP-MS systems perform exceptionally well. Moreover, the growing use of ICP-MS in nanotechnology and life sciences opens new market opportunities.
Author Credits: Abhishek Verma
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