The ‘Global Semiconductor Manufacturing Equipment Market Size, Share, Analysis, Trends, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global semiconductor manufacturing equipment market, assessing the market on the basis of its segments like dimensions, fab facilities, back-ends, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the basis of SWOT and Porter’s Five Forces Models.
Semiconductor Manufacturing Equipment Market Share, Size, Trends, Industry Report, Key Player, Major Segments, and Forecast
The key highlights of the report include:
Market Overview (2018-2028)
• Forecast CAGR (2023-2028): 10.10%
The increasing demand for consumer electronics, the rising trend of miniaturisation of chip sizes, and innovations in the electronics sector are driving the semiconductor manufacturing equipment market.
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In the Asia Pacific region, rapid urbanisation and industrialisation, improving economic conditions, and the growing popularity of self-driving and electric vehicles are driving the market growth of semiconductor manufacturing, thereby favouring the demand for production equipment. The expansion of semiconductor manufacturing facilities in the region is expected to positively impact the semiconductor manufacturing equipment market in the forecast period.
Key players in the market are launching innovative machinery equipped with advanced technologies like artificial intelligence (AI) and big data to enhance the productivity of semiconductor manufacturing. In addition, the surging complexity of semiconductor technology is prompting leading companies to develop equipment that can reduce semiconductor manufacturing time and costs.
Semiconductor Manufacturing Equipment Industry Definition and Major Segments
Semiconductor manufacturing equipment typically involves testing, assembly, and wafer fabrication equipment for assembling, producing, and testing semiconductors and semiconductor chips, including memory chips, IC chips, and semiconductor wafers, among others. Semiconductor manufacturing equipment improves overall reliability and yield, reduces process downtime and equipment costs, and improves the reliability of semiconductor production.
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Based on dimension, the market is divided into:
The market, on the basis of fab facility, is segmented into:
• Chemical Control Equipment
• Gas Control Equipment
By back-end, the market is divided into:
• Dicing Equipment
• Assembly and Packaging
• Metrology Equipment
• Bonding Equipment
The major regional markets of semiconductor manufacturing equipment include:
• North America
• Asia Pacific
• Latin America
• Middle East and Africa
Semiconductor Manufacturing Equipment Market Trends
The robust growth of the automotive sector, the rising demand for power semiconductors, and the increasing applications of semiconductors in data centres are favouring the semiconductor manufacturing equipment market growth.
Technological advancements and innovations by key players and the utilisation of innovative technologies to enhance the manufacturing speed are expected to aid the semiconductor manufacturing equipment market development. The increasing trend of Industry 4.0 is also anticipated to boost the demand for semiconductor manufacturing equipment with enhanced accuracy, improved profit margins, and increased production capacity.
The growing complexity of semiconductor manufacturing and the introduction of favourable government initiatives aimed at boosting semiconductor manufacturing capacities amid rising concerns regarding chip shortages are likely to provide lucrative opportunities for the market growth in the forecast period.
Key Market Players
The major players in the semiconductor manufacturing equipment market report are Tokyo Electron Limited, LAM Research Corporation, ASML Holdings N.V., Applied Materials Inc., and Screen Holdings Co., Ltd., among others.
The report covers the market shares, capacities, plant turnarounds, expansions, investments, and mergers and acquisitions, among other latest developments of these market players.
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