Between 2022 and 2032, the global integrated gas system market is expected to be worth US$ 934.1 million, growing at a 7.4% CAGR. Increased demand from a variety of end-use industries, including oil and gas, chemical and petrochemicals, semiconductors, and others, will propel the integrated gas system to a market value of US$ 458.7 million by the end of 2022.
Over the forecast period, the expanding electronics and semiconductor industries will boost market prospects for integrated gas systems. The increasing emphasis on improving gas supply systems by implementing ultra-high purity (UHP) gas systems for gas delivery applications in the semiconductor manufacturing process will propel the integrated gas systems market forward. Efforts by electronics industry titans such as Intel and Samsung to expand their production and manufacturing capacities will also contribute to market growth.
Industry 4.0’s rapid adoption in a variety of industry verticals is expected to open up new opportunities for integrated gas systems. The emergence of the Internet of Things, advancements in digital networking, and the widespread use of mechanical and electronic products in various sectors have presented numerous opportunities to the integrated gas system market.
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Furthermore, the introduction of micro-gas chromatography architecture with advanced technology integration is expected to drive market growth for integrated gas systems over the forecast period.
“Advances in the semiconductor sector, combined with constant product development by major market players, are expected to drive integrated gas system market growth during the forecast period,” says an FMI analyst.
Key Takeaways:
- Heightened application of Industry 4.0 in various industries to strengthen market possibilities.
- High initial investments may impede market growth for integrated gas systems.
- Integrated gas systems in the U.S. is expected to present considerable growth over the assessment period.
- The semiconductor sector is propelling the market growth in South Korea.
- By seal type, the W-seal segment is expected to account for 49.3% of the global market share.
- By application, the semiconductor segment will likely dominate the market.
Competitive Landscape
Fitok Group, Carten Controls, Tk-fujikin, Sergas, Ichor Systems, Orbital Gas Systems, Deif India Pvt Ltd, Pureron Japan Co. Ltd., CKD Corporation, Euro Gas Systems, and others are some of the major players in the integrated gas system market profiled in the full version of the report.
Major market players are concentrating on increasing investment in product development as well as expanding their overall geographic presence to gain a competitive edge. These businesses are also investing in research and development activities to aid product development.
More Insights into the Integrated Gas System Market Report
In its latest report, FMI offers an unbiased analysis of the global integrated gas system market, providing historical data from 2017 to 2021 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on valve type (pneumatic valve, manual valve, metering valve, check valve), application (lithography, etching, chemical vapour deposition, photoresist coatings, oxidation, ionization), seal type (W seal, C seal, face seal), and region.
According to the latest FMI reports, based on region, the integrated gas system market in the United States is expected to exhibit impressive growth over the forecast period. The market in this region will likely hold 90% of the overall market share by the end of 2022. This growth is attributed to the massive semiconductor industry in the country. Increasing sales of the automotive sector, especially electric vehicles, will supplement this regional growth.
China’s integrated gas system market will experience substantial growth due to the advancing electronics sector of the country. China is anticipated to account for a market share of around 30% in East Asia during the projected period.
The integrated gas system market in South Korea is predicted to undergo elevated demand. This is owing to the application of integrated gas systems in the semiconductor and electronics sector.
Based on segmentation, by seal type, the W-seal is expected to account for 49.3% of the international market share. W-seals are gaining popularity due to their ability to ensure leak-proof handling of hazardous gases. Whereas, on the basis of application, the semiconductor sector and the lithography process are expected to lead the market over the projection period of 2022 to 2032.
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Integrated Gas System Market Segmentation
By Valve Type:
- Pneumatic Valve
- Manual Valve
- Metering Valve
- Check Valve
By Application:
- Lithography
- Etching
- Chemical Vapor Deposition
- Photo Resist Coatings
- Oxidation
- Ionization
By Seal Type:
- W seal
- C seal
- Face Seal
By Region:
- North America
- Latin America
- Europe
- East Asia
- South Asia & Pacific
- Middle East & Africa
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