Etching Equipment Producers and Etching Equipment Market Trend

The purpose of etching is to transfer the graphics from the photoresist to the film to be etched. According to the process, etching technology can be divided into wet etching and dry etching. Dry etching is the main etching method used to remove the surface material, and wet etching mainly includes chemical etching and electrolytic etching.

The global etching equipment market size was USD 8.6 billion in 2017, growing to USD 13.5 billion in 2022, with a CAGR of 9.4% from 2017 to 2022. The global etching equipment market size is expected to reach USD 16.3 billion in 2027, with a CAGR of 3.8% from 2022 to 2027.

Figure 2017-2027 Global Etching Equipment Market Size (Billion USD) and CAGR
The leading companies in the global etching equipment industry in 2021 are Lam Research, Tokyo Electron, and Applied Materials, which together account for more than 90% of the global etching equipment market, with Lam Research holding 44.8% of the market share.